This course introduces the types of cost estimation from the conceptual design phase through the more detailed design phase of a construction project. In addition, the course highlights the importance of controlling costs and how to monitor project cash flow. Learners will work on a break-even analysis of construction tasks in a project. The course begins with Professor Odeh providing an overview of what will be covered. Next, learners explore the stages of design in a construction project. Professor Odeh then describes the types of cost estimates in a construction project, and the tools and methods used to create estimates.

Construction Cost Estimating and Cost Control
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Construction Cost Estimating and Cost Control
This course is part of Construction Management Specialization

Instructor: Ibrahim Odeh, Ph.D., MBA
87,150 already enrolled
Included with
Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
2 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
What you'll learn
The fundamentals of cost estimation and the design phase to perform cost estimation
How to conduct the close out period of the project by exploring the punch lists, final approval, and turnover to the client
The cost control methods emphasizing the Earned Value Method
Skills you'll gain
- Category: Cost Management
- Category: Project Closure
- Category: Procurement
- Category: Construction Management
- Category: Cash Flow Forecasting
- Category: Cost Control
- Category: Earned Value Management
- Category: Construction Estimating
- Category: Cost Estimation
- Category: Cash Flows
- Category: Bidding
- Category: Lean Methodologies
- Category: Project Controls
- Category: Project Estimation
- Category: Punch Work
- Category: Construction
Details to know

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Assessments
16 assignments
Taught in English
Build your subject-matter expertise
This course is part of the Construction Management Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 16 modules in this course
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Instructor

Ibrahim Odeh, Ph.D., MBA
Columbia University
5 Courses301,541 learners
Offered by

Columbia University
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