Program
Year
Year 1
Semester
Second Semester
Credit
3
Program Description
Methods for preparing cost estimates and bids for construction projects.
About this course
Learning how to price a construction project is a vital skill for any building professional. In this course, you will work through the full process of preparing cost estimates and bids for construction projects. You will learn to read plans, pull quantities, and apply current market rates for labour, materials, and equipment.
You will complete a mid-term project that covers material take-offs and a final project that puts together a complete bid package. By the end of the term, you will be able to produce estimates that are both competitive and realistic.
Who takes this course
This course is offered to students in the following programs:
Credits: 3 · Hours: 45
Prerequisites
None
Learning outcomes
- Calculate material quantities from architectural drawings and specifications.
- Apply current labour rates and equipment costs to build accurate cost models.
- Prepare competitive bid packages that meet standard industry formats.
- Identify common cost risks and include appropriate contingencies in estimates.
Evaluation
| Component | Weight (%) |
| Quizzes | 20 |
| Mid-term project | 30 |
| Final bid estimate | 50 |