Course

Course Summary
Credit Type:
Course
ACE ID:
COE-0004
Organization's ID:
180
Location:
Classroom-based
Length:
5 days (36 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 2 construction estimating
Description

Objective:

The course objective is to cover the various elements of a cost estimate (e.g., labor, material, equipment, job office overhead, home office overhead, and bond and profit costs) to develop an estimate effectively and efficiently for construction modifications.

Learning Outcomes:

  • define USACE policy pertaining to contract modifications
  • explain how direct costs affect estimates
  • explain how indirect costs affect estimates
  • construct a complete estimate for a modification

General Topics:

  • Overview of the Modification Process
  • Elements of a Modification Estimate
  • Materials and Supplies
  • Equipment and Productivity
  • Labor
  • Subcontracting
  • Indirect Costs
  • Impact of Costs
  • Profit & Bond
  • Course Problem
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Computer Based Training
  • Discussion
  • Learner Presentations
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from U.S. Army Corps of Engineers, Learning Center