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 Estimates 

   Concept of labor time and labor cost estimation
   Breakdown of labor hourly wage rates (open shop vs. prevailing)
   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

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 Estimates 

   Concept of labor time and labor cost estimation
   Breakdown of labor hourly wage rates (open shop vs. prevailing)
   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)

Architects
     6.5 New Jersey CE Hours
     6.5 AIA LU|Elective
Professional Engineers

     6.5 CPC Credits
Construction Contractors
 
     Non-Credit CE Opportunity

Continuing Education Credit Information  

This seminar is open to the public and offers 6.5 continuing education hours to architects and 6.5 CPCs to professional engineers in New Jersey and New York.  

This seminar is approved by the American Institute of Architects Continuing Education System for 6.5 LU|Elective (Sponsor No. J885). Courses approved by the AIA qualify for New Jersey architects. Visit www.halfmoonseminars.org for complete AIACES information under this course listing.  

HalfMoon Education is an approved continuing education sponsor for New Jersey engineers (Approval No. 24GP00000700).  

HalfMoon Education is deemed a New York-approved continuing education provider for engineers and architects via its registration with the American Institute of Architects Continuing Education System (Regulations of the Commissioner §68.14(i)(2) and §69.6(i)(2)).  

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

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.

AIA Info

AIA Provider Statement:

HalfMoon Education Inc. is a registered provider of AIA-approved continuing education under Provider Number J885. All registered AIA/CES Providers must comply with the AIA Standards for Continuing Education Programs. Any questions or concerns about this provider of learning program may be sent to AIA/CES (cesupport@aia.org or (800) AIA 3837, Option 3).

This learning program is registered with AIA/CES for continuing professional education. As such, it does not include content that may be deemed or construed to be an approval or endorsement by the AIA of any material of construction or any method or manner of handling, using, distributing, or dealing in any material or product.

AIA continuing education credit has been reviewed and approved by AIA/CES. Learners must complete the entire learning program to receive continuing education credit. AIA continuing education Learning Units earned upon completion of this course will be reported to AIA/CES for AIA members. Certificates of Completion for both AIA members and non-AIA members are available upon request.

Course Title: Construction Cost Estimating

Delivery Method: Live

Course Description: This 6.5 hour live lecture presentation examines the classifications of construction cost estimates and respective project design stages, direct and indirect costs, estimate basics, cost components, the organization of estimates, material estimating, value engineering, and the bidding process.

Learning Objectives:

Learning Objective 1:
Learners will be able to use project documents and plans to extract information necessary for producing accurate estimates for project owners that take into account all direct and indirect costs.

Learning Objective 2:
Learners will be able to provide quantity take-offs and pricing for specific components, such as site work, concrete, metals, wood, doors, windows, thermal and moisture protection, and mechanical systems.

Learning Objective 3:
Learners will be able to calculate and estimate labor costs for construction, including the breakdown of hourly wage rates.

Learning Objective 4:
Learners will be able to estimate the costs of bonding and insurance that will adequately protect the project owner from shoddy work, non-completion of the project, injuries, and damage.

LUs: 6.5                                                                                              LU Type: LUs.

Prerequisites:Familiarity with construction contracting and estimating

Advance Preparation: None

Program Level: Intermediate

Course Expiration Date: 10/03/2022

Complaint Resolution Policy:

Complaints regarding this course can be emailed to doug@halfmoonseminars.org or by calling (715) 835-5900. A HalfMoon Education representative will respond within 72 hours to resolve the complaint, which will include, but not limited to, access to another CE activity at no or reduced cost or a full or partial refund. Each instance will be resolved on a case-by-case situation.

Streamable MP4/PDF Price: $269.00