What are the different types of estimates and what are their uses?
Cost estimators have a specific process they use to measure the resources needed for a project. That includes determining the price of the resource, how much of the resource and can also include a value on time, not just physical resources. This video defines the different types of estimating; and reviews construction contracts and the impact on the cost estimate, as well as how cost estimating relates to project scheduling and project control.
Agenda
Faculty
Saleh Mubarak
Saleh A. Mubarak, Ph. D.
Dr. Saleh Mubarak
- Professor, industry expert, author, consultant
- 35 years of diversified experience
- Speaker at 100’s of conferences and other events
- Author of 3 books that are references in the construction industry, in addition to many papers and articles, mostly with a focus on construction cost estimating, planning and scheduling, and project controls
- Member of the AACE International and former member of the PMI
- BS, MSc, and Ph.D. in civil engineering
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