Agenda

Registration:                        8:00 – 8:30 am

Morning Session:                8:30 am – 12:00 pm

Lunch (On your own):         12:00 – 1:00 pm

Afternoon Session:             1:00 – 4:30 pm

Introduction to Cost Estimating

    Classifications of estimates and respective project design stages
   Direct and indirect costs

 Basis of Estimates

   Project documents and significance for estimating
   Blueprint reading skills (scales and projection of views)

Cost Components – A Closer Look at the Estimates

   Concept of labor time and labor cost estimation
   Breakdown of labor hourly wage rates (open shop vs. prevailing)
   Material cost estimation
   Equipment cost estimates (purchase, rentals and depreciation costs)
   Overhead and profit
   Inflation
   Bonding and insurance

Organization of Estimates and Examples

   CSI master-format
   Cost summaries – an overview

Cost Estimate Examples – Quantity Take-offs and Pricing

   General requirements
   Site-work
   Concrete
   Masonry
   Metals
   Wood and plastics
   Thermal and moisture protection
   Doors and windows
   Mechanical
   Electrical

Other Related Topics

   Value engineering
   Project scheduling and relationship with cost estimating
   Technology utilization for estimating
   The bidding process
   Management of scope changes (addenda and change orders)

Credits

Professional Engineers
     6.5 Continuing Ed. Hours

Architects
     6.5 HSW Continuing Ed. Hours
     6.5 AIA HSW Learning Units

Contractors
     Non-Credit Continuing Ed.

Continuing Education Credit Information

This seminar is open to the public and offers 6.5 continuing education hours to professional engineers and 6.5 HSW continuing education hours to architects in all states, except Florida architects. Continuing education is not mandatory in Connecticut.

HalfMoon Education is deemed an approved continuing education sponsor for New York architects. HalfMoon Education is an approved continuing education sponsor for engineers in Florida, Indiana, Maryland, New Jersey (Approval No. 24GP00000700), New York (NYSED Sponsor No. 35), North Carolina, and North Dakota.

This seminar is approved by the American Institute of Architects for 6.5 HSW Learning Units (Sponsor No. J885). Only full attendance can be reported to the AIA/CES.

This course offers a non-credit continuing education opportunity to contractors. It has not been approved by any state contractor licensing entity for required continuing education credit.

Attendance will be monitored, and attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.

Speakers

Ha Yeung (Henry) Yu, P.E. P.Eng. PMP LEED Green Associate CTS

Senior Cost Engineer, Port Authority of New York and New Jersey

Mr. Yu is a licensed professional engineer in New York State and the Provinces of Alberta and British Columbia, Canada. Mr. Yu is a project management professional (PMP), a LEED green associate and an AVIXA certified technology Specialist. He possesses extensive experience in planning and management for diversified domain construction projects ranging from medium to large-scale industries, and he has an in-depth understanding of engineering design and construction management. He also provides on-call service as a FEMA substantial damage estimator. Mr. Yu’s areas of expertise includes heavy civil construction, cost estimating, value engineering, project scheduling, feasibility studies, risk assessment, asset management and lifecycle cost analysis. He has conducted cost estimating training programs by invitation of the New York City Economic Development Corporation, and has been teaching the cost estimating and project management lectures for more ten years for the New York City Local 3 electricians, plumbers, carpenters and workers of other trades at the SUNY Empire State College and the Mechanics Institute of the General Society of Mechanics and Tradesmen.