ENCE666

Analytical techniques to estimate and control project costs, including site investigation, quantity takeoff, work analysis, and bid preparation. Systematic cost control as related to job production and historical data. Includes the fundamentals of different types of cost estimating, the appropriate use of each, and examination of popular software. This course is designed to help students develop the ability to utilize techniques of cost estimating, cost and schedule control and project management as they apply to engineering and construction work. Students will understand why it is crucial to understand the various types of cost estimating and the appropriate use of each, activity-based costing, conceptual estimating and budgeting, unit cost estimating, parametric estimating, detailed estimating, learning curves and progress functions.