Construction Project Management: A Complete Introduction by Alison Dykstra, AIA, CSI Slides are available for instructors who assign this book. They were developed using PowerPoint to assist instructors and are linked to a specific chapter or chapters in the book. Each slideshow represents a class of approximately 40-60 minutes and covers 1-2 chapters in the book. This PDF is representative of the slides that are included with the Teachers Resource Package and which you will be able to freely edit to suit your needs. Kirshner Publishing Company www.KirshnerPublishing.com Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com Estimating The following slides are linked to Chapters 10 and 11: The Fundamentals of Estimating and Creating Estimates. The assumption is that instructor explanations, examples, and/or expanded discussion will accompany each slide. Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com Estimating: when and why?   During feasibility   By owner or his agent   To determine project goals and budget   During design   By architect or his agent   To make decisions about and adjustments to scope of work Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com   During bidding   By owner or her agents to provide a check on bid prices   By bidding contractors to provide detailed pricing for bidding   After award of contract   By contractor to double check figures and use for hiring subs Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com The estimator’s considerations   Size and complexity of the project   Quality of the materials   Location of the project   Variations based on proximity to home office   Cost variations based on location Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com   Schedule   Reasonableness of owner’s timeframe   Potential bad weather   Price increases   Market conditions   Links between local/national/global economy and costs   Level of competition   Availability of labor, materials, equipment   Management   Who are the team members? Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com Costs In order to understand estimating it is helpful to understand that costs are categorized in two broad ways:   Direct costs   Indirect costs (of which there are 2 types) 1.  Indirect Project Costs (also called General Conditions, General Requirements costs) 2.  Indirect Business Costs (Overhead) Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com Direct costs   Direct costs include the material, labor & equipment costs that can be billed to a specific task. Examples of direct costs include: Windows and doors, foundation concrete, structural steel, the light fixtures, subcontractors and other workers, scaffolding for the masons. Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com Pricing direct costs - materials   Steps in pricing materials   Complete quantity take-offs (from the plans)   Determine the quality and other characteristics of the items from specifications   Identify unit costs for each product or material   Multiply total quantity of each material or product by its unit cost Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com Pricing direct costs - labor   Labor is tied to quantities so take-off must be complete before labor costs can be calculated   Wage rates per worker are determined   Union rate   prevailing wage   open shop Order your copy of Construction Project Management by Alison Dykstra at http://www.KirshnerPublishing.com