Overview

FUNDAMENTALS OF CONSTRUCTION ESTIMATING 3rd edition includes updated material for preparing construction estimates such as an explanation of how to compile a complete estimate using MC2 ICE* (Interactive Cost Estimating ) software along with a sample version of the software. This book teaches the principles of construction estimating while providing the skills required to successfully become a professional estimator. Written in an easy to follow step by step estimating process that can be used with the latest technology makes this an indispensable book for learning the fundamentals of construction estimating. 

Features

• Includes end of chapter review questions to help identify major points and provide an opportunity to work through practical problems.
• Contains drawings for two complete projects, one residential, one commercial allows users to complete the estimating process for each.
• Updated information covers quantity take off, pricing of the contractor's work, pricing sub trade work and compiling bid documents.
• Easy to follow step by step estimating process that can be used with the latest technology to produce accurate forecasts in the minimum amount of time.
• Thorough training in the principles of construction estimating teaches skills required to successfully become a professional estimator.

What's New

• Includes three different approaches to preparing an estimate: manual method, spreadsheet estimates and estimates compiled using dedicated software with many examples of Excel spreadsheets used in all aspects of estimating.
• Includes a limited sample version of the MC2 ICE* software for estimating.
• New chapters examine budget estimating and an estimating technique that promises higher accuracy to meet the growing need for budget forecasts.
• The concept of value analysis is covered, demonstrating how preliminary estimating can be used in the design stage of a project.
• New chapter on life-cycle costing where many worked examples show how the entire cash flow of various design options is the best choice for maximum efficiency.
• Includes a partial bibliography for students who wish to learn in more detail about the topics touched on.