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CEM-804 Construction Cost Estimating and Control
Campus
SCEE (NIT)
Programs
PG
Session
Fall Semester 2016
Course Title
Construction Cost Estimating and Control
Course Code
CEM-804
Credit Hours
3
Pre-Requisutes
Course Objectives
Course Objectives:
The role of estimating in construction contract administration. Types of estimates. Unit costs and production rates; job costs. Preparing bid for complete building project using manual methods and the CSI format; checking quantity take-off and cost estimating in selected divisions using a computer package.
Course Outcomes:
At the end of the course, participants should have:
The ability to prepare a project budget and relate the budget to a Bill of Quantities
the ability to prepare a feasibility cost estimate
knowledge of how to control costs
knowledge of how to accommodate risk in cost estimating
knowledge of broad principles and processes of construction cost estimating
knowledge of elements of price and build up of cost from first principles
an appreciation of the difference between cost, value and waste
Detail Content
Introduction.
Budget Estimates.
Preconstruction Services Estimate.
Pre-Estimate Activities.
Quantity Take-Off.
Pricing Self-Performed Works.
Estimating Sub-Contractor Works.
Estimating General Conditions.
Completing the Estimate.
Unit Price Estimates.
Guaranteed Maximum Price Estimates.
Fee Determination for Negotiated Contracts.
Cost Proposals for Negotiated Contracts.
Government Institution Practices.
B.O.Q & M.B.
Text/Ref Books
Peurifoy, Robert and Oberlender, Garold. (2002). Estimating Construction Costs. McGraw-Hill.
Time Schedule
Fall Semester 2015
Faculty/Resource Person
Dr. Jamaluddin Thaheem
PhD, Politecnico di Torino, Italy
Discipline: Civil Engineering
Specialty: Construction Engineering & Management