554-Construction Cost Estimating for Engineers

By: Mark N Ludwigson, PE, PMP

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Course Objective

Develop skills for estimating construction costs for improvement projects.

Course Description

554-Construction Cost Estimating for Engineers

Cost estimating is essential for budget planning and funding of capital improvement (CapEx) projects. Engineers often play a central role in developing these cost estimates. This course covers construction cost estimating principles and provides example problems. Two excel files are provided: one to create a construction cost estimate and one for a pipe trench cost estimate.

The following topics are covered:

• Capital Cost vs Construction Cost

•    Estimating Approaches
•    Using a Cost Index
•    Direct and Indirect Costs
•    Estimating Software
•    AACE Estimate Classes
•    Design-Build vs. Design-Bid-Build Costs

Download the Free Spreadsheets Used in This Course:

• Construction Cost Estimate Template.xlsx

• Pipe Trench Cost Estimator.xlsx

Questions about this course? Email the Author: [email protected]

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(4.8) 5 Reviews

Review of: Construction Cost Estimating for Engineers

PK

08/08/2025

Verified Buyer

Every Engineer should be provided this course. Often we're thrown into things without a background and told this is how and not why. This gives us the why with the how!

1 of 1 customers found this helpful.

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Review of: Construction Cost Estimating for Engineers

William Rosen

07/13/2025

Verified Buyer

Well presented and follow. Good examples.

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Review of: Construction Cost Estimating for Engineers

Stanley E Yekalis

06/27/2025

Excellent refresher on Construction Cost Estimating

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Review of: Construction Cost Estimating for Engineers

Jacob Alexander Plicque

05/21/2025

Verified Buyer

Very good coverage of the estimating options

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Review of: Construction Cost Estimating for Engineers

Myra Nance

11/30/2024

Verified Buyer

Good information!

4 of 4 customers found this helpful.

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Course Code: 100283-42

Course PDH Hours: 3

Engineering Course Approvals

This course is accepted for engineering continuing education credit in all US states, territories, the District of Columbia, and Canadian provinces.
Ohio rules allow only 6-hours of unsupervised online courses such as this course per license renewal period
Kansas rules allow only 5-hours of self-study courses such as this course per license renewal period

About Course Approvals

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