About the Course
Participants will gain the skills to accurately estimate project resources, timeframes, and costs. The course includes hands-on training in developing work breakdown structures, Gantt charts, critical path analysis, and using scheduling tools like Primavera or MS Project.
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Course Outline
1. General Overview
Introduction to foundational concepts of construction cost estimation and scheduling.
2. Daily Labor Productivity
Analyzing daily labor performance and production rates.
3. Estimation of Direct and Indirect Costs
Comprehensive breakdown and calculation of cost components.
4. Assessment of Project Work Hours
Techniques to determine and optimize total working hours for project completion.
5. Value Analysis of Labor Productivity
Applying value engineering principles to enhance workforce efficiency.
6. Integrating Results into the Planning Process
Utilizing cost and labor insights for effective project planning.
7. Staff and Labor Scheduling
Developing schedules to allocate and manage resources effectively.
8. Management Efficiency Analysis
Measuring and improving project management effectiveness.
9. Setting the Profit Factor
Calculating and integrating profit margins into project budgets.
10. Final BOQ Rate Assessment
Evaluating and finalizing Bill of Quantities (BOQ) rates.
11. Understanding Links Between Estimation and Planning
Establishing connections to align estimation processes with project planning.
12. Creating a Project Baseline
Developing a solid baseline for monitoring and controlling the project.
13. Practical Exercises and Applications
Hands-on practice using real-world scenarios to reinforce concepts.