Construction Cost Estimation

Planning a build without a clear cost estimate is a bit like setting sail without a compass. This course walks you through the fine art of construction cost estimation—from understanding the different types of estimates to breaking down costs by materials, labour, and equipment.

You’ll also explore estimation during the engineering phase and learn about direct cost development and management. No confusing spreadsheets or spreadsheet-induced migraines here—just focused, structured insight into how costs are calculated, managed, and presented in the construction environment.

Learning Outcomes:

• Learn to prepare estimates across engineering and construction phases.
• Understand the types of cost estimates used in civil works.
• Study methods to estimate labour, material, and equipment expenses.
• Explore strategies for managing construction-related costs effectively.
• Break down direct cost elements into structured estimation formats.
• Gain clarity on industry-standard cost planning and documentation.

Who is this Course For:

• Cost analysts interested in construction industry budgeting principles.
• Civil engineering students focusing on quantity estimation techniques.
• Site office staff managing invoices and procurement documentation.
• Contractors working with estimates for project planning phases.
• Supervisors preparing reports and itemised job cost breakdowns.
• Project assistants wanting clear understanding of cost estimation.
• Technical clerks dealing with construction reporting and spreadsheets.
• Administrators supporting cost control departments in construction.

Career Path:

• Construction Estimator – £40,000 average salary
• Quantity Surveyor – £45,000 average salary
• Cost Analyst – £38,000 average salary
• Procurement Coordinator (Construction) – £34,000 average salary
• Project Cost Assistant – £32,000 average salary
• Tender Administrator – £30,000 average salary