Basic Principles & Methods of Estimating – Part I

Instructor: Keith Rahn

Role of the Estimator: Investigate how bid strategies are developed for companies and how estimators implement that strategy. We will look at bidding documents and procedures for evaluating the project; such as procurement, analyzing/visualization, pre-bid conference, addendums and preparing bid documents.

Take-Off and Pricing in the Relationship to the Project Delivery System: Investigate how bid strategies are developed for companies and how estimators implement that strategy. We will look at bidding documents and procedures for evaluating the project; such as procurement, analyzing/visualization, pre-bid conference, addendums and preparing bid documents.

Effective Estimate Procedures: Gain an understanding of proper procedure and organization of putting an estimate together. Topics included are stripping of material and equipment, material/equipment pricing sheet and initial bid summary documentation. Attendees will be presented with a project to practice estimate techniques learned.