Registration: 8:00 - 8:30 am
Morning Session: 8:30 am - 12:00 pm
Lunch (On your own): 12:00 - 1:00 pm
Afternoon Session: 1:00 - 4:30 pm
Introduction to Cost Estimating
Classifications of estimates and respective project design stages
Direct and indirect costs
Basis of Estimates
Project documents and significance for estimating
Blueprint reading skills (scales and projection of views)
Cost Components – A Closer Look at Estimates
Concept of labor time and labor cost estimation
Breakdown of labor hourly wage rates (open shop vs. prevailing)
Overhead and profit
Bonding and insurance
Organization of Estimates and Examples
Cost summaries – an overview
Cost Estimate Examples – Quantity Take-offs and Pricing
Wood and plastics
Thermal and moisture protection
Doors and windows
Other Related Topics
Project scheduling and relationship with cost estimating
Technology utilization for estimating
The bidding process
Management of scope changes (addenda and change orders)
Who Should Attend
6.5 New Jersey CE Hours
6.5 AIA LU|Elective
6.5 CPC Credits
Non-Credit CE Opportunity
Continuing Education Credit Information
This seminar is open to the public and offers 6.5 continuing education hours to architects and 6.5 CPCs to professional engineers in New Jersey and New York.
This seminar is approved by the American Institute of Architects Continuing Education System for 6.5 LU|Elective (Sponsor No. J885). Courses approved by the AIA qualify for New Jersey architects. Visit www.halfmoonseminars.org for complete AIACES information under this course listing.
HalfMoon Education is an approved continuing education sponsor for New Jersey engineers (Approval No. 24GP00000700).
HalfMoon Education is deemed a New York-approved continuing education provider for engineers and architects via its registration with the American Institute of Architects Continuing Education System (Regulations of the Commissioner §68.14(i)(2) and §69.6(i)(2)).
This course offers a non-credit continuing education opportunity to construction contractors. It has not been approved by any state contractor licensing entity.
Attendance will be monitored, and attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.
Ha Yeung (Henry) Yu, P.E., PMP, LEED Green Associate, CTS
Ha Yeung (Henry) Yu, P.E., P. Eng., PMP, LEED Green Associate, CTS, is currently a Senior Cost Engineer at the Port Authority of New York and New Jersey. He is a licensed professional engineer in New York State and the Provinces of Alberta and British Columbia, Canada. Mr Yu is a Project Management Professional (PMP), a LEED Green Associate and an AVIXA Certified Technology Specialist. He possesses extensive experience in planning and management for diversified domain construction projects ranging from medium to large-scale industries, and he has an in-depth understanding of engineering design and construction management. He also provides on-call service as a FEMA substantial damage estimator.
Mr. Yu’s areas of expertise includes heavy civil construction, cost estimating, value engineering, project scheduling, feasibility studies, risk assessment, asset management and lifecycle cost analysis. He has conducted cost estimating training programs by invitation of the New York City Economic Development Corporation, and has been teaching the cost estimating and project management lectures for more ten years for the New York City Local 3 electricians, plumbers, carpenters and workers of other trades at the SUNY Empire State College and the Mechanics Institute of the General Society of Mechanics and Tradesmen.
AIA Provider Statement:
HalfMoon Education Inc. is a registered provider of AIA-approved continuing education under Provider Number J885. All registered AIA/CES Providers must comply with the AIA Standards for Continuing Education Programs. Any questions or concerns about this provider of learning program may be sent to AIA/CES (firstname.lastname@example.org or (800) AIA 3837, Option 3).
This learning program is registered with AIA/CES for continuing professional education. As such, it does not include content that may be deemed or construed to be an approval or endorsement by the AIA of any material of construction or any method or manner of handling, using, distributing, or dealing in any material or product.
AIA continuing education credit has been reviewed and approved by AIA/CES. Learners must complete the entire learning program to receive continuing education credit. AIA continuing education Learning Units earned upon completion of this course will be reported to AIA/CES for AIA members. Certificates of Completion for both AIA members and non-AIA members are available upon request.
Course Title: Construction Cost Estimating
Delivery Method: Live
Course Description: This 6.5 hour live lecture presentation examines the classifications of construction cost estimates and respective project design stages, direct and indirect costs, estimate basics, cost components, the organization of estimates, material estimating, value engineering, and the bidding process.
Learning Objective 1:
Learners will be able to use project documents and plans to extract information necessary for producing accurate estimates for project owners that take into account all direct and indirect costs.
Learning Objective 2:
Learners will be able to provide quantity take-offs and pricing for specific components, such as site work, concrete, metals, wood, doors, windows, thermal and moisture protection, and mechanical systems.
Learning Objective 3:
Learners will be able to calculate and estimate labor costs for construction, including the breakdown of hourly wage rates.
Learning Objective 4:
Learners will be able to estimate the costs of bonding and insurance that will adequately protect the project owner from shoddy work, non-completion of the project, injuries, and damage.
LUs: 6.5 LU Type: LUs.
Prerequisites:Familiarity with construction contracting and estimating
Advance Preparation: None
Program Level: Intermediate
Course Expiration Date: 10/03/2022
Complaint Resolution Policy:
Complaints regarding this course can be emailed to email@example.com or by calling (715) 835-5900. A HalfMoon Education representative will respond within 72 hours to resolve the complaint, which will include, but not limited to, access to another CE activity at no or reduced cost or a full or partial refund. Each instance will be resolved on a case-by-case situation.