This course presents the general estimating practices and standards required for all construction services, as well as the principles of effective cost management, different formats of estimates, approaches to estimating, and the various cost-estimating and management tools available. The objective of this course is to explain cost estimate training and documentation. The material is based on Cost Estimating Manual for Projects-Washington State Department of Transportation M3034.03 April 2015.

At the conclusion of this course, the learner will have a better understanding of cost estimating and management practices for construction projects, as well as an understanding of the following topics:

• Cost estimating process and methodology
• Cost estimate training
• Specialty groups information
• Preliminary engineering costs
• Key factors that influence estimating practice