In this course, you will learn :
- The types of cost estimation from the conceptual design phase through the more detailed design phase of a construction project.
- In addition, the course highlights the importance of controlling costs and how to monitor project cash flow. Students will work on a break-even analysis of construction tasks in a project.
- Topics include, cost materials, formwork, reinforcing steel and concrete. Money component and productivity component is discussed in labor costs, as well as estimating equipment costs.
- Also covered in this module are cost reporting, change orders and communication and meetings. Professor Odeh introduces construction cost control and the work segments contained in a project.