Construction Cost Estimating Process and Practices
by Holm, Leonard; Schaufelberger, John E.; Griffin, Dennis; Cole, ThomasEdition: 1st
Format: Hardcover
Pub. Date: 2004-06-02
Publisher(s): Pearson
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Summary
The most comprehensive book on the market that covers the fundamental cost estimating principles and processes used in commercial construction today. Using a single case study, the book shows readers how to prepare their estimates and to develop the necessary skills needed to be successful in the construction industry.It covers theory, types of estimates, estimating procedures and contractual aspects as well as providing practical tips on how to estimate. Specifically details the process for developing three separate types of estimates: a budget estimate during design development, a guaranteed-maximum-price estimate for a cost-plus contract, and a bid for a lump-sum contract. The book also discusses analysis of subcontractor quotations as well as estimating job site general conditions and company overhead costs; it even includes discussion of negotiated contracts.A comprehensive reference for construction professionals such as cost estimators and project managers.
Table of Contents
| Overview | |
| Introduction | |
| Cost Estimating Process | |
| Design Process | |
| Uses of Cost Estimates | |
| Types of Cost Estimates | |
| Types of Construction | |
| Contracts | |
| Procurement Methods | |
| Preconstruction Services | |
| Risk Analysis and Contingencies | |
| Case Study: Training Center | |
| Project Description | |
| Project Execution Strategy | |
| Project Participants | |
| Budget Estimating Process | |
| Budget Estimates | |
| Programming Budget Estimates | |
| Schematic Design Budget Estimates | |
| Design Development Budget Estimates | |
| Budget Estimates for the Training Center | |
| Design Status | |
| Take-Off of Substantial Areas | |
| Pricing Data | |
| Budget Estimate Accuracy | |
| Estimates for Preconstruction Services | |
| Marketing for the General Contractor | |
| The Request for Proposal | |
| Development of the Preconstruction Services Estimate | |
| Preconstruction Services Contract | |
| Budget Control Log | |
| Bid Contract Estimating Process | |
| Pre-Estimate Activities | |
| Estimating Process | |
| Solicitation of Lump-Sum Bids | |
| Invitation for Bid | |
| Pre-Bid Meeting | |
| Bid Date and Time | |
| Bid Document Revisions | |
| Personal Estimating Notebook | |
| Order-of-Magnitude Estimates | |
| Decision Whether or Not to Tender a Bid | |
| Work Breakdown Structure | |
| Estimating Team | |
| Scheduling the Estimating Work | |
| Subcontractors and Major Suppliers | |
| Plan Centers and Rooms | |
| Data Resources | |
| Estimating Forms | |
| Estimate Files | |
| Electronic Spreadsheets | |
| Accuracy and Error Prevention | |
| Quality Take-Off | |
| Basic Procedures | |
| Substructure Concrete | |
| Structural Steel | |
| Rough Carpentry | |
| Doors | |
| Table of Contents provided by Publisher. All Rights Reserved. |
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