Global Learning for Operational Leaders
Classroom
14 sessions
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Online / Live
14 sessions
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Introduction
Course overview
Accurate cost estimates are the foundation of construction budgets, bids and investment decisions. Estimating errors can turn profitable projects into losses.
This Aractech course covers estimate types and accuracy, quantity take-off, unit rate build-up, labour, plant and materials pricing, indirect costs, risk and contingency, escalation, estimating software and bid preparation. Participants prepare an estimate for a case project.
What you will achieve
Learning objectives
- Explain estimate types and accuracy
- Perform quantity take-off
- Build unit rates for labour, plant and materials
- Estimate indirect costs and overheads
- Apply risk, contingency and escalation
- Prepare bids and estimate reports
Who should attend
Target audience
- Cost estimators
- Quantity surveyors
- Construction managers
- Project engineers
- Bid managers
- Contractors
Methodology
Learning approach
- Practical estimating exercises
- Case project
- Spreadsheet tools
- Group reviews
- Discussions
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Estimating Fundamentals
- Estimate types
- Accuracy
- Estimating process
- Coffee break
- Estimating process (continued)
- Data sources
- Exercise: Estimate classification
Day 2
Quantities
- Take-off methods
- Measurement rules
- Digital take-off
- Coffee break
- Digital take-off (continued)
- Checking
- Lab: Quantity take-off
Day 3
Unit Rates
- Labour rates
- Plant costs
- Materials
- Coffee break
- Materials (continued)
- Productivity
- Lab: Rate build-up
Day 4
Indirects and Risk
- Site overheads
- Preliminaries
- Contingency
- Coffee break
- Contingency (continued)
- Escalation
- Exercise: Risk allowance
Day 5
Bids and Reports
- Bid strategy
- Estimate review
- Reports
- Coffee break
- Reports (continued)
- Lessons learned
- Capstone: Project estimate
FAQ
Frequently asked questions
What does Construction Cost Estimating (CM-022) cover?
This course covers Construction Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 9 - 13 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Cost estimators, Quantity surveyors, Construction managers
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Amsterdam, London, Barcelona, Rome, Munich.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
Quick request
Send quick request
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Request a formal quotation
Choose an available date and venue, add your participants, and we will email a formal quotation for Construction Cost Estimating to your business address.