Basics of Estimating (4-night training)

The purpose of this course is to learn and understand the basics of construction estimating, prepare for higher levels of estimating courses, and to pave your career path to become a qualified estimator in the future.

This class will be held in person on March 1, 2, 8 & 9 from 5 to 7 pm
Instructor: Moe Yamani, Lead Estimator, Turner Construction Company

Contents:
Wednesday, March 1st
1. Introduction to estimating including knowledge of estimating
2. Different levels of pricing like ROM, conceptual, and hard bid with a margin of error.
3. Preparation (kickoff meetings, milestone calendar, trade responsibilities, sorting and publishing
documents, inviting right subs/network, site visit, RFI questions)
4. Know subs and convince them to price your projects
5. Qualification requirements like wage scale, MBE, first source, bonds, and exemption (work and
coordination with purchasing department)
6. Source of pricing (Internal, subs, and RS means)

Thursday, March 2nd
7. Reading and analyzing documents
8. Creating the scope of work
9. Internal coordination (scope review and page turn)
10. Assumption and clarification (unforeseen condition)
11. Alternate, unit price, allowance
12. Takeoff and unit of measure (software)

Wednesday, March 8th
13. How to read and interpret subs proposal (inclusions, exclusions, terms, and conditions)
14. Bid leveling
15. Work with other groups like operation (for schedule and logistics plans)
16. Items that impact the estimate like long lead items, material, and labor shortage.
17. Bid sum(recap)
18. General condition, general requirements, fee
19. Contingency (Design and Construction)

Thursday, March 9th
20. Escalations and acceleration
21. Create a deliverable package for the client
22. Meetings/Constructability review
23. Value engineering (VE) options
24. Relationships with subs (be honest, give feedback, award notification, update, do not do shop bidding, fair deal)
25. Tracking the market
26. Lesson learned from the previous projects

ABC can customize this class for your company!
We can host at your place or ours!
Contact Brittany for more information