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categories: Business & Professional Skills

Cost Management
Feasibility
Construction
SDG 8: Decent Work and Economic Growth

Basics of Cost Estimation

Duration: 1 h 58 m / 17 lessons

Level: General

Course Language: Arabic

By the end of this course, you will be able to

  • How to estimate the project's timeline and actual costs of construction, which will help you improve the cost controlling process and develop a feasibility study.

  • All the specialized terminologies related to business and costs, so you will be familiar with them and use them in writing the project's cost reports.

  • How to analyze the feasibility study requirements in any project, in addition to creating the budget and breakdown sheets related to the electrical needs for the project.

Course details

  • 1 h 58 m/17 lessons
  • Last updated: 25/1/2021
  • Course completion certificate

Course Content

Free lessons

1.

Course Introduction

10 Minutes
2.

Design & Technical Specifications Cost Impact

10 Minutes
1.

Course Introduction

10 Minutes
2.

Design & Technical Specifications Cost Impact

10 Minutes
3.

Cost Estimation Types & Phases

7 Minutes
4.

Basics Of Design Reports

9 Minutes
5.

Preliminary Cost Estimation for Electrical Works

8 Minutes
6.

Preliminary Cost Estimation Reports Preparation

7 Minutes
7.

Contracts Payment Methods Cost Impact

9 Minutes
8.

Electrical Works Cost Estimation in Detailed Design Phase

9 Minutes
9.

Direct & Indirect Cost Analysis

4 Minutes
10.

Electrical Works In Projects Bill Of Quantities

4 Minutes
11.

Electrical & Light Current Works Break Down - Part.01

6 Minutes
12.

Electrical & Light Current Works Break Down - Part.02

5 Minutes
13.

Electrical & Light Current Works Break Down - Part.03

8 Minutes
14.

Electrical & Light Current Works Break Down - Part.04

3 Minutes
15.

Electrical & Light Current Works Break Down - Part.05

6 Minutes
16.

Labors Analysis

5 Minutes
17.

Wrap up

1 Minutes

About this course

This training course introduces the types of cost estimation, from the conceptual design phase through the more detailed design phase of a construction project. The course addresses the significance of cost estimations and the relation between cost estimates & feasibility studies. Also, you will learn about the electrical works budgeting methods and the preparation of breakdown sheets. Finally, you will learn about labour analysis and cost estimation review techniques.

Course requirements and prerequisites

This course is suitable for electrical engineers, site engineers, engineering students, as well as anyone working in the field of construction projects with an interest in cost estimation and control.

Mentor

Basics of Cost Estimation

Duration: 1h 58m / 17 lessons
Level: General
Course Language: Arabic
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