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Cost Estimating

From estimate classification to escalation and validation.

2A

Estimate Classification System

13
01 Cost Estimate Classification System (General) 17R-97 Beginner 15 min
02 CECS — Process Industries 18R-97 Intermediate 13 min
03 CECS — Building & General Construction 56R-08 Intermediate 13 min
04 CECS — Mining & Mineral Processing 47R-11 Intermediate 12 min
05 CECS — Hydropower 69R-12 Intermediate 12 min
06 CECS — Petroleum Exploration & Production 87R-14 Intermediate 12 min
07 CECS — Power Transmission Line Infrastructure 96R-18 Intermediate 12 min
08 CECS — Pipeline Transportation Infrastructure 97R-18 Intermediate 12 min
09 CECS — Road & Rail Transportation Infrastructure 98R-18 Intermediate 12 min
10 CECS — Pharmaceutical & Related Industries 102R-19 Intermediate 12 min
11 CECS — Environmental Remediation 107R-19 Intermediate 12 min
12 CECS — Nuclear Power Industries 115R-21 Intermediate 12 min
13 CECS — Maintenance Turnarounds (Process) 112R-20 Intermediate 12 min
2B

Estimate Basis & Preparation

8
01 Basis of Estimate 34R-05 Beginner 14 min
02 Basis of Estimate — Process Industries 106R-19 Intermediate 12 min
03 Basis of Estimate — Maintenance Turnarounds 116R-21 Intermediate 12 min
04 Basis of Estimate — Software Services 74R-13 Intermediate 12 min
05 Estimate Requirements Document 105R-19 Beginner 12 min
06 Estimate Preparation Costs 19R-97 Beginner 11 min
07 Development of Cost Estimate Plans — Building 35R-09 Beginner 12 min
08 Development of Cost Estimate Plans — Process 36R-08 Beginner 11 min
2C

Methods & Adjustments

7
01 Development of Factored Cost Estimates 59R-10 Intermediate 14 min
02 Developing Location Factors by Factoring 28R-03 Intermediate 12 min
03 Escalation Estimating — Principles & Indices 58R-10 Intermediate 14 min
04 Escalation Estimating Using Indices & Monte Carlo 68R-11 Advanced 13 min
05 Conducting Technical & Economic Evaluations 16R-90 Intermediate 13 min
06 Profitability Methods 15R-81 Intermediate 14 min
07 Estimating for Long-Range Planning (Public Sector) 111R-20 Intermediate 12 min
2D

Quality, Validation & Communication

3
01 Reviewing, Validating & Documenting the Estimate 31R-03 Intermediate 13 min
02 Cost Estimate Validation 110R-20 Intermediate 12 min
03 Communicating Expected Estimate Accuracy 104R-19 Intermediate 13 min