Construction tender prices and building costs steadily continue to rise which presents a number of challenges for public and private sector projects. Delivering value for money in a time of sky rocketing inflation and global unease is a huge challenge for all.

This course provides essential guidance on construction project cost estimation, using construction cost data, real-world problem-solving skills, and discussions on how Building Information Modelling provides up-to-date estimation techniques that are becoming standard in the industry.

Estimating skills are critical at all levels of the construction industry. This course provides comprehensive instruction on all aspects of the estimation process, with detailed guidance.

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Course Content

Hard Costs vs. Soft costs

-Construction Costs

-Development Costs

Rules of Measurement

-What are they and what ones exist - ARM4 and International Construction

-Measurement Standard – ICMS

-Examples of how to use them.

-Building elements

Estimating

-Estimating from first principles

-Worked examples

-Concrete

-Brickwork

Benchmarking

-Cost benchmarking

-Design benchmarking

-Design efficiency / ratios

Cost data

-Sources of cost data

-Things to watch out for

-Adjusting costs

-Overtime

-Location factors

-Inflation

Life Cycle Costing

-What is it?

-Worked examples

-Piece of M&E plant

Project Cost Control

-Cost control vs. Cost reporting

-Managing Rising costs mid project/contract

BIM

Managing Risk

-Who owns risk?

-Identifying risks

-Contract terms

-Risk management

Building Contracts

-Private Sector

-Public Sector

-Bespoke Contracts

-Current market mechanisms for dealing with Price Inflation

Who Should Attend?

This course will be relevant to anyone responsible for construction costs in the Built Environment including quantity surveyors, estimators, project managers,procurement specialist, tender and bid managers & directors to name just a few.

Certification

On completion of this one-day training course, you will receive your Certificate of Attendance. Please note certificates are issued at the close of the training course to participants on completion of the course.

Please check directly with your association or awarding body to see how many points they will award.

Cost

An ‘EarlyBird’ discounted rate of €485 is currently available. This training course normal rate is €585. Places are limited and are allocated on a first come first served basis. PLEASE NOTE THE EARLY BIRD RATE CLOSES 3 WEEKS PRIOR TO COURSE DATE.

The course cost includes all course documentation and Certificate of Attendance.