Construction Cost Analysis and Management

Catalog description

An introduction to direct cost estimating for construction projects. The estimating techniques covered include quantity take-off, labor productivity, and pricing (labor, material, and equipment). Drawings, sketches, and specifications are used as a basis for developing quantities involving site work, concrete, masonry, steel, carpentry, and finishes. Students also use software tools to aid in developing takeoff quantities. Different estimate structures and various types of estimates are examined. Direct and indirect construction costs are explored along with approaches for estimating overhead costs and profit. A logistical study of Project Cost Management and Cost Control & Forecasting methods, including Earned Value Method. This course may be cross-listed with CONM-661 ; BSMS program students are advised to enroll in the graduate level course.