About this Course
4.7
526 ratings
105 reviews
Specialization
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 25 hours to complete

Suggested: 7 hours/week...
Available languages

English

Subtitles: English

Skills you will gain

Cash FlowCostCost ControlCost Estimate
Specialization
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 25 hours to complete

Suggested: 7 hours/week...
Available languages

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
Hours to complete
26 minutes to complete

Construction Cost Estimating and Cost Control Overview

Professor Odeh describes the course and provides an overview of what will be covered. Also covered is an introduction to Construction Cost Estimating and Cost Controls. ...
Reading
1 video (Total 11 min), 1 reading
Reading1 reading
Course Survey10m
Hours to complete
27 minutes to complete

Understanding Design in the Construction Industry

Ian Taylor, project manager for Turner and Townsend, introduces the stages of design in a construction project. ...
Reading
1 video (Total 12 min), 1 quiz
Quiz1 practice exercise
Understanding Design10m
Hours to complete
3 hours to complete

Introduction to the Types of Cost Estimates

Professor Odeh describes the types of cost estimates in a construction project. Also covered in this module are the tools and methods used to create estimates. ...
Reading
3 videos (Total 30 min), 2 quizzes
Video3 videos
Cost Indices10m
Cost-Capacity Factor11m
Quiz1 practice exercise
Cost Estimates Quiz10m
Hours to complete
2 hours to complete

Quantity Take-Off and Measurement

James Sneath, Associate Director of Cost Management for Turner and Townsend, and Ian Taylor, Project Manager for Turner and Townsend, discuss Quantity Take Off and Measurement. Estimating cut and fill costs is taught along with a detailed example of using cut and fill software. Also covered in this module is the topic of deep foundations, concrete foundations and structural steel, measurement, masonry, glass curtain wall, facade and wall finishes....
Reading
14 videos (Total 116 min), 1 quiz
Video14 videos
Facade / Wall Finishes / Measurement Overview9m
Cut and Fill Process and Equipment5m
Cut and Fill Takeoff5m
Cut and Fill Software5m
Introduction to Deep Foundations8m
Concrete Foundation and Concrete Properties13m
Concrete Formwork6m
Concrete Takeoff: Parking Lot Example7m
Concrete Takeoff: Skyscraper Example9m
Quantifying rebar Walkthrough6m
History of Structural Steel10m
Steel Sections in Design9m
Structural Steel Takeoff Example9m
Quiz1 practice exercise
Quantity Take-Off and Measurement14m
Week
2
Hours to complete
1 hour to complete

Pricing

James Sneath, Associate Director of Cost Management for Turner and Townsend, discusses pricing, labor costs and equipment costs. Topics include, cost materials, formwork, reinforcing steel and concrete. Money component and productivity component is discussed in labor costs, as well as estimating equipment costs....
Reading
5 videos (Total 58 min), 1 quiz
Video5 videos
Concrete Material: Reinforcing Steel and Concrete4m
Money Component6m
Productivity Component and Examples13m
Estimating Equipment Costs12m
Quiz1 practice exercise
Pricing18m
Hours to complete
1 hour to complete

Building the Estimate

James Sneath, Associate Director of Cost Management at Turner and Townsend, Inc., illustrates how to build an estimate. Sneath does a deep dive into a schematic design project. ...
Reading
6 videos (Total 53 min), 1 quiz
Video6 videos
Design Estimate project8m
Schematic Design Estimate Demo9m
Schematic Design: A Deeper Dive4m
Building and Finalizing the Estimate9m
Checks and Due Diligence10m
Quiz1 practice exercise
Building the Estimate8m
Hours to complete
1 hour to complete

Procurement

James Sneath, Associate Director of Cost Management for Turner and Townsend, discussed the procurement stage of a construction projects and they typical involvement of a cost manager or cost estimator. ...
Reading
2 videos (Total 20 min), 1 quiz
Video2 videos
Bid Stage, Bid Returns and Levelling12m
Quiz1 practice exercise
Procurement14m
Hours to complete
1 hour to complete

Post Contract and Cost Estimation within a Project

James Sneath, Associate Director of Cost Management for Turner and Townsend Construction, discusses post contract and cost estimation with a construction project. Also covered in this module are cost reporting, change orders and communication and meetings....
Reading
3 videos (Total 35 min), 1 quiz
Video3 videos
Cost Reporting Examples13m
Change Orders and Communication7m
Quiz1 practice exercise
Post-Contract Quiz12m
Week
3
Hours to complete
1 hour to complete

Construction Cost Control Methods

Professor Odeh introduces construction cost control and the work segments contained in a project. ...
Reading
2 videos (Total 20 min), 1 quiz
Video2 videos
Defining Methods of Cost Control12m
Quiz1 practice exercise
Cost Control10m
Hours to complete
3 hours to complete

Earned Value Method (EVM)

In this module, Professor Odeh goes deeper into the Earned Value Method of Cost Control. ...
Reading
5 videos (Total 57 min), 2 quizzes
Video5 videos
EVM Parameters11m
Performance Examples11m
EVM Favorable Performance12m
Calculating EVM12m
Quiz1 practice exercise
Earned Value Method10m
Hours to complete
29 minutes to complete

Close Out Period

Ian Taylor, Project Manager at Turner and Townsend, Inc., introduces cost management close out and punch-list review. ...
Reading
2 videos (Total 19 min), 1 quiz
Video2 videos
Close Out Activities13m
Quiz1 practice exercise
Close Out Period10m
Hours to complete
1 hour to complete

Cost Estimation in Practice

James Sneath, Associate Director of Cost Management at Turner and Townsend, Inc., talks about cost estimation in general practice. The unit starts with tips in cost estimating and cost management and ends with a discussion of the international roles of cost managers. ...
Reading
3 videos (Total 26 min), 1 quiz
Video3 videos
Tips in Cost Estimating and Cost Management9m
Roles and Responsibilities of Cost Managers9m
Quiz1 practice exercise
Cost Estimation10m
Week
4
Hours to complete
2 hours to complete

Project Cash Flow

Ben Miller, Project Manager at Gilbane Building Company, discusses contracts and cash flows. Revenues, expenses and how they impact projects as a whole will be covered....
Reading
12 videos (Total 107 min), 1 quiz
Video12 videos
Accrual Method8m
Contractor Cash Flow6m
Charting Cash Flow3m
Calculating Billing7m
Payment Cycle6m
Payment Cycle Drivers5m
Payment Cycle Delays12m
Schedule of Value10m
Accelerating Revenue6m
Front Loading8m
Delaying Expenses15m
Quiz1 practice exercise
Project Cash Flow14m
Hours to complete
1 hour to complete

Technology Trends in Cost Estimating and Cost Control

Kevin Labrecque, Senior Vice President at Harper Limbach LLC discusses technology trends in cost estimating and cost control. Topics include 5D Estimating Systems (BIM), estimating software, technology workflows, and implementation....
Reading
5 videos (Total 65 min)
Video5 videos
Estimating Software in Action12m
Workflows15m
Implementation Perspective15m
Next Steps8m
4.7
105 ReviewsChevron Right
Career direction

25%

started a new career after completing these courses
Career Benefit

83%

got a tangible career benefit from this course

Top Reviews

By ASDec 16th 2017

I thoroughly enjoyed the detailed explanations provided by Professor Odeh and the professionals from Turner & Townsend. My most favourite part was the lectures of Sam Spata and Ben Miller.

By SPJun 25th 2018

If you are having an civil engineering background or from the Management background you must right away take this course it was reall helpfu to widen my knowledge.

Instructor

Avatar

Ibrahim Odeh, Ph.D., MBA

Instructor, Department of Civil Engineering and Engineering Mechanics, Columbia University
Director of Research and Founder, Global Leaders in Construction Management

About Columbia University

For more than 250 years, Columbia has been a leader in higher education in the nation and around the world. At the core of our wide range of academic inquiry is the commitment to attract and engage the best minds in pursuit of greater human understanding, pioneering new discoveries and service to society....

About the Construction Management Specialization

Construction Management is the planning, coordinating, and building of a project from conception to completion. This specialization is intended for Construction industry professionals, engineers, and architects looking to advance their careers. Students interested in learning about construction project management would also benefit from this specialization....
Construction Management

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.