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Construction Cost Estimation
Career Education

Massive Savings !! PDF Certificate Included | Level 3 Training | Comprehensive Study Materials | 24/7 Support

Summary

Price
£21 inc VAT
Study method
Online, On Demand
Duration
1.2 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

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Overview

Construction projects depend heavily on accurate planning, and one of the most essential aspects is cost estimation. This Construction Cost Estimation course introduces practical methods and strategies used within construction management to forecast, analyse, and control expenses. By focusing on construction processes, cost structures, and project budgeting, learners gain a clear understanding of how construction projects can be managed effectively from a financial perspective. This course provides a solid grounding in construction management principles while reinforcing the importance of precision in construction estimation.

Key takeaways:

  • Understand the fundamentals of construction cost estimation

  • Learn how construction management integrates with cost control

  • Explore detailed approaches to construction material and labour costing

  • Analyse cost-related risks within construction projects

  • Develop skills to prepare reliable construction cost reports

  • Strengthen decision-making within construction management frameworks

What You Gain Through Taking This Construction Cost Estimation Training From Career Education

  • A FREE PDF Certificate immediately after completion from reed
  • Access to the course resources for life
  • Complete tutor support is provided
  • Simple to understand and are taught by professionals
  • 24/7 Email and live chat assistance and guidance
  • Freedom to use any device, i.e. computer, tablet, or mobile phone, to access the course on your own schedule

Certificates

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

Curriculum

1
section
10
lectures
1h 14m
total

    • 1: Module 1 The Industry of Construction 09:00
    • 2: Module 2 Estimate Structure 07:00
    • 3: Module 3 Estimates from Value Engineering 08:00
    • 4: Module 4 Planning the Estimate 08:00
    • 5: Module 5 Material Quantities Determination 09:00
    • 6: Module 6 Construction Labour 09:00
    • 7: Module 7 Construction Materials 08:00
    • 8: Module 8 Causes of Chance 09:00
    • 9: Module 9 The Shift Differential and Overtime 07:00
    • 10: Assessment -

Course media

Description

Construction management relies on accurate data, detailed forecasting, and effective budgeting to ensure projects remain financially viable. The Construction Cost Estimation course offers a comprehensive approach to understanding how construction projects are evaluated and managed through cost estimation techniques. Covering a wide range of topics, it explores construction estimation methods, construction cost classifications, and the role of construction management in budget control.

Throughout the course, learners will examine construction project lifecycles, construction material costing, labour expenses, and equipment utilisation. Construction estimation accuracy is vital, as even small miscalculations can lead to significant financial setbacks in construction management. By studying case-based construction examples, learners will understand how cost estimation directly supports decision-making within construction and construction management environments.

This course highlights the importance of integrating construction cost data into project schedules, applying standardised construction cost models, and assessing risk factors associated with construction projects. Construction management practices are emphasised, offering insight into the systematic application of construction estimation tools across various construction project types.

Certification

The free e-certificate will be instantly available to download for every student who completes the Construction Cost Estimation course successfully.

Who is this course for?

  • Individuals seeking foundational knowledge in construction cost estimation

  • Professionals aiming to enhance skills in construction management

  • Project planners involved in construction project budgeting and forecasting

  • Engineers wishing to understand construction cost structures

  • Estimators focusing on improving construction estimation accuracy

  • Quantity surveyors engaged in construction project financial planning

  • Contractors working on construction tendering and bid preparation

  • Graduates preparing for roles in construction management and estimation

Requirements

There are no official entry requirements for the Construction Cost Estimation, and it is available to all students.

Career path

  • Construction Estimator – £32,000

  • Quantity Surveyor – £37,000

  • Project Cost Analyst – £35,000

  • Construction Project Manager – £45,000

  • Site Manager – £42,000

  • Construction Management Consultant – £50,000

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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