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

Architects
     6.5 HSW Contact Hours
     6.5 AIA HSW Learning Units
Professional Engineers
     6.5 Contact Hours/PDHs
Contractors
     Non-Mandatory Cont. Ed.

 

Continuing Education Credit Information
This seminar is open to the public and offers up to 6.5 HSW continuing education hours to architects and 6.5 PDHs to professional engineers in all states.
HalfMoon Education is deemed a New York-approved continuing education provider for architects via its affiliation with the American Institute of Architects. HalfMoon Education is an approved continuing education provider for New York engineers (NYSED Sponsor No. 35) and New Jersey engineers (ApprovalNo. 24GP00000700).
The American Institute of Architects has approved this event for 6.5 HSW Learning Units (Sponsor No. J885). Courses approved by the AIA qualify for New Jersey and District of Columbia architects.
HalfMoon Education is an approved continuing education sponsor for architects in Florida. HalfMoon Education is an approved continuing education sponsor for engineers in Florida, Indiana, Louisiana, Maryland, North Carolina, and North Dakota.
This event offers a continuing education opportunity to construction contractors, but it has not been approved by any state with a continuing education requirement for contractors.
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 at the 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.