Construction Cost Estimating Process & Practice
Schaufelberger

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For an undergraduate introductory or advanced course in construction cost estimating. This text comprehensively covers the fundamental cost estimating principles and processes used in commercial construction today. It covers theory, types of estimates, estimating procedures and contractual aspects as well as providing practical tips on how to estimate. Using a single case study, the book shows readers how to prepare their estimates and to develop the necessary skills needed to be successful in the construction industry. The text illustrates the process for developing three separate types of estimates: a budget estimate during design development, a guaranteed-maximum-price estimate for a cost-plus contract, and a bid for a lump-sum contract. The book also discusses analysis of subcontractor quotations as well as estimating job site general conditions and company overhead costs. A single commercial case study-With selected drawings and specifications. Helps reinforce processes and procedures by providing a realistic context for discussion. Summary and Review Questions-In each chapter. Allow students to review and assess their understanding of the material presented. Exercises-In each chapter. Allow students to apply the principles learned. Instructors Manual-Contains the answers to the review questions. Provides advice to instructors regarding the use of the text and how to create a simulated bid-day experience for their students. Glossary of terms. Supplies students with a quick reference regarding estimating terminology. Discussion of fee determination for a cost-plus construction contract-In Chapter 17. Students are presented with thorough coverage of a major topic not addressed in most books.