Estimating and managing project costs

Prerequisite: Reading plans for a better estimate

Topics covered :Estimate

Subcategories covered : Training not specific to work execution

General objective :

Familiarize yourself with the principles and methods involved in the preparation and use of tenders, bids and estimates in the construction industry.

Specific objectives:

• Know what a call for tenders and a bid are;
• Follow the rules of the Bureau des soumissions déposées du Québec (BSDQ) and the rules of execution without protocol;
• Allocate material costs and productivity/labor costs;
• Preparing and submitting a quotation ;
• Interact with the various parties involved;
• Be able to reach agreements with subcontractors and suppliers;
• Decide whether or not to bid on a construction project;
• Selecting subcontractors and suppliers.

Contents:

Estimators play an important role in the realization of construction projects. These professionals can interpret plans and specifications, calculate material quantities, estimate labor time, compile data on quantities and labor time, analyze subcontractor bids, calculate overhead costs and prepare the project bid submission. In many companies, this role is taken on by one or more in-house resources who generally have experience in the field, but who have not been trained in estimating. This training course will provide concrete knowledge, tools and techniques to improve the efficiency of the people who fill this crucial role in construction companies.

Valid for the following categories:

• 1.1.1 - Contractor of new residential buildings covered by a warranty plan, class I
• 1.1.2 - Contractor of new residential buildings covered by a warranty plan, class II
• 1.2 - Small building contractor
• 1.3 - Building contractors of all kinds