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 ESTIMATING SEMINAR OUTLINE

 

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Construction Estimating Boot Camp

 

"A Fast Track to Competence"

Just what does every good construction estimator need to know?  What constitutes competence in this fascinating, rewarding position.  How can one be assured that all the bases are covered?  Can a proposal really be sent out the door with confidence?  How do good estimators overcome bid day disasters?  What can be done about all the second guessing and doubt during the hours before bid time?  These and many more questions are addressed in this all day session.

Presented from the experience of the estimating room, Paul delivers the material with passion and authority.  You'll not be left guessing!  You will leave with new tools for success . . . being affirmed in many of the things you are already doing correct . . . Challenged to take your skills to the next level . . . and most important - You will leave with more confidence.  A recent "graduate" of the course from Oakland California puts it this way - "The course changed the way I do business - I attribute my new found success to the principles I learned in your session" 

Course Outline

How to set up your estimating process

    Managing the bidding / estimating process

        The people

        The plan

        The process

Getting to the bottom line

    Elements of your price

    A comprehensive bid structure

    Characteristics of an effective estimating System

    Knowing where to begin

    Factors that influence your process

    Understanding perspective (Includes an overview of the differences between public and private work)

    Knowing what tools to use

        Paper

        Electronic spreadsheet

        Data base based systems

The steps of construction Estimating (33 steps to get to the bottom line)

    Some deal with technique

    Some deal with organization

    Others with protocol and style.

    Learn a simple log system to document the entire bid - (Includes RFI's, difficult conditions etc) 

    (Result: An organized, complete bid submitted with confidence)

The Estimator as an information processor

    An overview of :

        Invitations to bid

        Plans and specs

        Bid documents

        Contract documents

        The site visit

        The value of the Estimator's Personal experience

        The value of the experience of others

        Cost data books / systems / programs

Knowing what your system should look like

    Ten components of a simple, effective, organizing tool (uses a working Excel spreadsheet as an example)

The Work Breakdown Structure (WBS)

    An overview of the use of CSI codes and other organizational methods

    Developing the scope of work and bid packages

        Scope letters

Quantity takeoffs (as they relate to a "real project" work breakdown structure)

Taking and comparing sub contractor quotes

Taking Material quotes

Long lead items

Value engineering

Pricing out work

    Proper detail

    Creating and understanding your cost basis

    Flexibility during the process

    Eliminating redundancy

    Summarization

    Project Overhead

    G/A (Company Overhead)

    Profit

    Lump Sum Prices

    Unit Prices

    Analysis - Executive decision making

The bid proposal

A rough construction schedule

The ethics of estimating

 

Hands-on exercises include:

  • Development of a Work Breakdown Structure

  • Material take off

  • Spreading costs on a manual spreadsheet

  • Calculating Project Overhead

  • Calculating G/A (company overhead)

  • Calculating Profit

  • Arriving at a lump sum price

  • Arriving at unit prices

Can't attend a live session? click here to order the CDs and course book for $149.00