In this final course of the Estimating and Bidding Specialization, you’ll bring everything together; learning how to assemble, communicate, and defend a complete construction estimate.
You’ll start by exploring how estimators manage risk and convey project information to owners, architects, and contractors. You’ll then examine key concepts such as allowances, contingencies, and escalation factors that affect cost outcomes. Next, you’ll step into the future of estimating with Virtual Design & Construction (VDC), Building Information Modeling (BIM), and Target Value Design (TVD); methods that integrate cost, design, and collaboration for better project results.
By the end, you’ll have the confidence to present and defend your estimate with clarity, professionalism, and precision—ready to perform as a valued member of any construction team.
In this first module, you’ll step into the estimator’s professional role and focus on how to communicate cost information with accuracy and credibility. Estimating isn’t only about numbers, it’s about understanding your audience and presenting data in a way that inspires confidence. You’ll explore how owners, architects, and contractors view the estimating process, and how factors such as allowances, contingencies, and escalation influence your message. Then you’ll apply these insights to the Dining Commons capstone project by creating an Invitation to Bid, the first deliverable in your final estimate package. By the end of this module, you’ll know how to organize and present project information clearly, setting the stage for developing and defending your own Guaranteed Maximum Price estimate.
涵盖的内容
13个视频2篇阅读材料3个作业
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13个视频•总计61分钟
Course Introduction•3分钟
Introduction to Mitigating Risk and Presenting the Estimate•2分钟
Owner's and Architect's Perspectives•6分钟
Contractor's Perspective and Delivery Methods - Part 1•4分钟
Contractor's Perspective and Delivery Methods - Part 2•3分钟
Allowances•4分钟
Contigencies•7分钟
Escalation Factors and Leading Indicators•6分钟
Presenting the Estimate - Part 1•6分钟
Presenting the Estimate - Part 2•5分钟
Clarifications Relevant to Estimate Conclusion - Part 1•3分钟
Clarifications Relevant to Estimate Conclusion - Part 2•4分钟
Defending the Estimate Conclusion•6分钟
2篇阅读材料•总计16分钟
Capstone Project Overview: Presenting the Estimate•15分钟
Course Navigation and Safety Statement•1分钟
3个作业•总计67分钟
Create an "Invitation to Bid" for the Dining Commons Project•45分钟
Understanding Audience and Perspectives in Estimating•7分钟
Module 1 Knowledge Check•15分钟
Advanced Tools & Looking Ahead
第 2 单元•小时 后完成
单元详情
In this module, you’ll move from communicating project information to building your estimate. You’ll learn how estimators balance cost, scope, value, and uncertainty to develop a complete and defensible Guaranteed Maximum Price (GMP) estimate. Working with the Dining Commons project materials, you’ll use a provided Uniformat template to organize your estimate and write concise narratives explaining how the project schedule, site logistics, and potential risks influence your cost decisions. You’ll see how professional estimators think holistically; connecting data, planning, and judgment into a clear cost story. By the end of this module, you’ll have a structured estimate and accompanying analysis that demonstrate your ability to reason through complex project conditions.
涵盖的内容
3个视频10篇阅读材料3个作业
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3个视频•总计6分钟
Introduction to Advanced Tools & Looking Ahead•3分钟
Virtual Design & Construction•2分钟
Target Value Design•1分钟
10篇阅读材料•总计106分钟
Video: What is Building Information Modeling (BIM)?•2分钟
Video: What is 4D BIM?•5分钟
Video: What is 5D BIM?•6分钟
Video: What Will 5D BIM Mean for Cost Managers?•3分钟
Video: What is 6D BIM?•6分钟
Video: How MMC Contractors Surpassed Expectations Using BIM and Prefabrication•4分钟
Video: OMA Overcomes Design Challenges with Generative Design•4分钟
AI-Powered Digital Twins For Construction and Infrastructure•64分钟
Video: Why Successful Teams Rely on Target Value Design?•4分钟
Additional Resources•10分钟
3个作业•总计77分钟
Develop Your Uniformat Estimate and Risk Narratives•60分钟
Virtual Design & Construction Knowledge Check•10分钟
Target Value Design Knowledge Check•7分钟
The Bid Day Process
第 3 单元•小时 后完成
单元详情
In this final module, you’ll step into the role of a professional estimator, presenting and defending your final Guaranteed Maximum Price (GMP) estimate. You’ll synthesize your work from earlier modules into a clear, confident presentation that communicates your process, assumptions, and conclusions. By the end of this module, you’ll have completed the full estimating and bidding cycle: from interpreting project documents to delivering a persuasive, professional presentation.
涵盖的内容
11个视频2个作业
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11个视频•总计52分钟
Introduction to the Bid Day Process•2分钟
Bid Day Processes: 7 a.m. to Noon•6分钟
Bid Day Processes: Noon to 2 p.m.•6分钟
Bid Day Processes: After the Bid is Turned In•5分钟
Scope Leveling Sheets - Part 1•5分钟
Scope Leveling Sheets - Part 2•6分钟
The Master Bid Day Spreadsheet•6分钟
The Role of the Bid Runner•5分钟
Dissecting and Analyzing Subcontractors' Quotes•5分钟
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Is financial aid available?
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