Construction Cost Estimation
Learn how to accurately estimate construction costs at our event - it's gonna be super helpful!
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Location
Online
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About this event
Master cost estimation in construction—materials, labour, equipment, and cost control—all online. No site visits, just solid knowledge.
Overview
Construction projects live or die by their budgets, and that’s where cost estimation proves vital. This course offers structured insight into the methods, logic, and frameworks behind calculating the financial requirements of any construction work—right from the design stage to managing direct costs. You’ll explore how to quantify everything from cement to salaries, guided by industry-true techniques that are widely respected in the civil works and construction sectors.
Each module focuses on specific layers of the estimation process, from material pricing and labour charges to equipment evaluation and total cost development. If you’re ready to get serious about understanding where the money goes in a project—and how to keep it under control—this course provides the clarity and structure to help you work smarter. No jargon, just useful strategy you can apply in any estimating context.
Learning Outcomes
- Understand the foundations of construction cost estimation methods.
- Identify various types of civil works cost estimation techniques.
- Evaluate estimates made during engineering and design phases.
- Learn to develop and manage construction cost estimate documents.
- Accurately estimate costs for labour, materials, and equipment.
- Develop skills in managing and tracking direct project costs.
Who is this Course For
- Professionals wanting to master construction cost estimation processes.
- Project coordinators needing better budget handling and clarity.
- Civil engineers aiming to improve project planning strategies.
- Quantity surveyors refining their estimation workflow.
- Contractors who manage costs but lack formal estimation structure.
- Engineering graduates stepping into project cost responsibilities.
- Site supervisors looking to support project financial planning.
- Cost consultants upgrading their technical knowledge for projects.
Career Path
- Construction Estimator – £38,000 per year
- Quantity Surveyor – £45,000 per year
- Cost Engineer – £43,500 per year
- Project Coordinator – £35,000 per year
- Civil Engineering Technician – £33,000 per year
- Contracts Manager – £50,000 per year
Frequently asked questions
Construction cost estimation is the process of forecasting the total expenses involved in a construction project, including materials, labour, equipment, and overheads.
Accurate estimation helps avoid budget overruns, supports better planning, and ensures that a project is financially viable before it begins.
The main types include preliminary (or rough), detailed, and definitive estimates—used at different stages of project planning.
Common tools include spreadsheets, estimating software (like CostX or Buildertrend), and standard cost databases to help calculate material and labour costs.