Construction Cost Estimating

Using RSMean Cost Data

Last updated 2022-01-10 | 4.4

- Define and explain basic estimating calculations
- spreadsheets
- and general requirements
- Adjust RSMeans data to account for local labor rates
- overtime
- markups
- and more
- Estimate material costs for concrete
- masonry
- metals
- wood
- and plastics

What you'll learn

Define and explain basic estimating calculations
spreadsheets
and general requirements
Adjust RSMeans data to account for local labor rates
overtime
markups
and more
Estimate material costs for concrete
masonry
metals
wood
and plastics
Analyze costs for structural elements
finishes
mechanical systems
and groundwork
Integrate equipment
assemblies
depreciation
and more into a complete estimate

* Requirements

* No

Description

This course provides essential guidance on construction project cost estimation, using the world's most popular source of construction cost data. Step-by-step instruction guides students through several exercises that emphasize real-world problem-solving skills, and new discussion on Building Information Modeling provides up-to-date estimation techniques that are becoming standard in the industry.

Estimating skills are critical at all levels of the construction industry, and the learning process also strengthens understanding of blueprints and construction assemblies. This course provides comprehensive instruction on all aspects of the estimation process, with detailed guidance.

Course Objectives:

By completing this course, you will be able to:

  1. Define and explain basic estimating calculations, spreadsheets, and general requirements

  2. Adjust RSMeans data to account for local labor rates, overtime, markups, and more

  3. Estimate material costs for concrete, masonry, metals, wood, and plastics

  4. Analyze costs for structural elements, finishes, mechanical systems, and groundwork

  5. Integrate equipment, assemblies, depreciation, and more into a complete estimate

Course Content:

  • Introduction

  • Basic Calculations

  • Spreadsheet Types

  • Cost Estimating: An Introduction

  • General Requirements

  • Adjusting RSMeans Data to Job Conditions

  • Concrete

  • Masonry

  • Metals

  • Wood and Plastics, Thermal and Moisture Protection

  • Doors and Windows, Interior Finish, and Equipment

  • Fire Suppression, Plumbing, Mechanical, and Electrical

  • Earthwork

  • Equipment Analysis

  • Assemblies Estimating

Course Software:

You can register for RSMeans through its website and get free one-month trial access. That should help you enough with this course.

Course Textbook:

How to Estimate with RSMeans Data: Basic Skills for Building Construction, 5th Edition; RSMeans, Saleh A. Mubarak; ISBN: 978-1-118-97797-2, March 2020

Who this course is for:

  • Civil Engineers
  • Construction Engineers and Managers
  • Construction Management Students
  • Construction Science Students

Course content

15 sections • 198 lectures

RSMeans Cost Data Format Preview 12:19

Section slide notes are attached to the first video of the section.

Productivity and Activity Duration Preview 05:31

Equipment Costs Preview 03:36

City Cost Indexes and Location Factors Preview 07:58

Manual Spreadsheets Preview 05:01

Section slide notes are attached to the first video of the section.

Electronic Spreadsheets Preview 10:23

Using RSMeans Online Estimating Preview 05:36

Example Preview 05:06

Exercise 01 Preview 01:51

Exercise 01. Solution Preview 06:52

Exercise 01. Solution - Step-by-Step Preview 07:58

Exercise 02. Problem 1 Preview 01:32

Exercise 02. Solution 1 Preview 03:15

Exercise 02. Solution 1 - Step-by-Step Preview 04:42

Exercise 02. Problem 2 Preview 01:26

Exercise 02. Solution 2 Preview 03:20

Exercise 02. Solution 2 - Step-by-Step Preview 13:20

Exercise 02. Problem 3 Preview 01:26

Exercise 02. Solution 3 Preview 01:28

Exercise 02. Solution 3 - Step-by-Step Preview 04:27

Exercise 02. Problem 4 Preview 01:49

Exercise 02. Solution 4 Preview 01:08

Exercise 02. Solution 4 - Step-by-Step Preview 06:57

Spreadsheet Types

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Assignment 01 - Part 1 Preview 05:11

Assignment 01 - Part 2 Preview 06:26

Assignment 01 - Part 3 Preview 06:40

Cost Estimating- An Introduction Preview 05:54

Section slide notes are attached to the first video of the section.

Types and Purposes of Estimates Preview 24:01

Types of Contract Award Methods Preview 09:32

Types of Contract Agreements Preview 23:07

Exercise 03 Preview 01:17

Exercise 03. Problem 1 Preview 01:33

Exercise 03. Solution 1 Preview 01:41

Exercise 03. Solution 1 - Step-by-Step Preview 06:18

Exercise 03. Problem 2 Preview 00:52

Exercise 03. Solution 2 Preview 02:41

Exercise 03. Problem 3 Preview 00:35

Exercise 03. Solution 3 Preview 02:55

Exercise 03. Problem 4 Preview 00:18

Exercise 03. Solution 4 Preview 02:48

Cost Estimating: An Introduction

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RSMeans Online Tool - Tour Preview 20:47

General Requirements Preview 04:15

Section slide notes are attached to the first video of the section.

Project Duration Preview 06:13

Architectural and Engineering Fees Preview 09:56

Workers’ Compensation (WC) Insurance Preview 05:28

Builder’s Risk Insurance Preview 08:33

Exercise 04. Problem 1 Preview 01:06

Exercise 04. Problem 1 - Hints Preview 08:13

Exercise 04. Solution 1 Preview 02:13

Exercise 04. Solution 1 - Step-by-step Preview 14:40

Exercise 04. Problem 2 Preview 00:15

Exercise 04. Solution 2 Preview 01:59

Exercise 04. Solution 2 - Step-by-step Preview 05:25

Exercise 04. Problem 3 Preview 01:55

Exercise 04. Solution 3 Preview 00:58

Exercise 04. Solution 3 - Step-by-step Preview 05:31

Exercise 04. Problem 4 Preview 00:09

Exercise 04. Solution 4 Preview 00:37

Exercise 04. Solution 4 - Step-by-step Preview 02:15

General Requirements

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Assignment 03 - Part 1C Preview 10:59

Adjusting RSMeans Data to Job Conditions Preview 12:45

Section slide notes are attached to the first video of the section.

Interpolation between RSMeans Items Preview 10:21

Substituting Known Local Labor Rates Preview 04:55

Overtime Productivity Loss and Extra Pay Preview 05:33

Effect of Inflation-Cost Escalation Preview 10:21

Unit Consistency Preview 05:52

Exercise 05. Problem 1 Preview 00:50

Exercise 05. Solution 1 Preview 02:11

Exercise 05. Solution 1 - Step-by-step Preview 09:59

Exercise 05. Problem 2 Preview 01:25

Note on Exercise 05. Problem 2 Preview 02:44

Exercise 05. Solution 2 Preview 04:11

Exercise 05. Solution 2 - Step-by-step Preview 26:53

Exercise 05. Problem 3 Preview 01:25

Exercise 05. Solution 3 Preview 02:08

Exercise 05. Problem 4 Preview 00:48

Exercise 05. Solution 4 Preview 02:03

Exercise 05. Solution 4 - Step-by-step Preview 10:55

Adjusting RSMeans Data to Job Conditions

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Assignment 04 - Problem 1 Preview 16:57

Assignment 04 - Problem 2 Preview 10:39

Assignment 04 - Problem 3 Preview 10:38

Assignment 04 - Problem 4 Preview 12:20

Assignment 04 - Problem 5 Preview 08:07

Concrete: Division 3 Preview 12:33

Section slide notes are attached to the first video of the section.

Formwork Estimating Preview 28:46

Estimating Reinforcement Preview 07:14

Estimating Concrete Mix & Placement Preview 11:19

Mini-Assemblies (Shortcut Method) Preview 04:03

Extreme Weather Cost Factors Preview 11:31

Estimating Precast Concrete Preview 08:55

Lightweight Concrete Preview 04:24

Exercise 06. Problem 01 Preview 04:48

Exercise 06. Solution 01 Preview 04:56

Exercise 06. Solution1 - Description - Step-by-step Preview 14:43

Exercise 06. Solution1 - RSMean - Step-by-step Preview 28:41

Exercise 06. Solution1 - QTO+Cost Estimation - Step-by-step Preview 28:12

Concrete

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Assignment - Part 1 - Description Preview 11:03

Assignment - Part 2 - RSMeans Preview 17:15

Assignment - Part 3 - Concrete Preview 16:28

Assignment - Part 4 - Formwork Preview 15:08

Assignment - Part 5 - Rebar Preview 31:02

Assignment - Part 6 - Cost Calculation Preview 07:08

Masonry: Division 4 Preview 10:08

Section slide notes are attached to the first video of the section.

Productivity Factors & Quantity Takeoff Preview 04:55

Example 1 Preview 09:25

Example 2 Preview 01:39

Example 3 Preview 11:23

Example 4 Preview 20:50

Exercise 07. Problem 1 Preview 02:01

Exercise 07. Solution 1 Preview 06:21

Exercise 07. Solution 1 - Step by Step Preview 19:48

Exercise 07. Solution 1 - Step by Step v.2 Preview 35:40

Exercise 07. Solution 1 - Note Preview 06:03

Masonry

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Assignment - Answer Preview 31:00

Metals: Division 5 Preview 24:28

Section slide notes are attached to the first video of the section.

Example 1 Preview 12:36

Example 2 Preview 04:06

Example 3 Preview 06:45

Example 4 Preview 08:31

Exercise 08. Problem 1 Preview 05:17

Exercise 08. Solution 1 Preview 04:50

Exercise 08. Solution 1 - Step-by-Step Preview 23:54

Exercise 08. Problem 2 Preview 00:42

Exercise 08. Solution 2 Preview 03:06

Exercise 08. Solution 2 - Step-by-Step Preview 07:52

Metals

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Assignment - Answer Preview 28:46

Wood and Wood Products: Division 6 Preview 10:06

Section slide notes are attached to the first video of the section.

Thermal and Moisture Control: Division 7 Preview 12:18

Estimating Wood-Framed Structures Preview 11:09

Using Units of Quantity Preview 03:10

Exercise 09. Problem 1 Preview 01:14

Exercise 09. Solution 1 Preview 00:33

Exercise 09. Solution 1 - Step-by-Step Preview 03:32

Exercise 09. Problem 2 Preview 02:44

Exercise 09. Problem 2 - Note Preview 04:08

Exercise 09. Solution 2 Preview 04:59

Exercise 09. Solution 2 - Step-by-Step Preview 33:49

Exercise 09. Problem 3 Preview 00:17

Exercise 09. Solution 3 - Step-by-Step Preview 33:55

Wood and Plastics, Thermal and Moisture Protection

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Assignment - Answer Preview 49:12

Division 8 to 14 & 21 to 28 Preview 05:47

Section slide notes are attached to the first video of the section.

Division 9: Finishes Preview 16:47

Division 8 & 10 to 14 Preview 06:51

Exercise 10. Problem 1 Preview 03:28

Exercise 10. Problem 1 - Note Preview 01:37

Exercise 10. Solution 1 Preview 04:38

Exercise 10 - Step-by-step Solution Preview 07:38

Doors and Windows, Interior Finish, and Equipment

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Divisions 21, 22 & 23 Preview 12:09

Section slide notes are attached to the first video of the section.

Divisions 25, 27, & 28 Preview 05:24

Exercise 11. Problem 1 Preview 02:35

Exercise 11. Problem 1 - Note Preview 03:01

Exercise 11. Solution 1 Preview 03:16

Exercise 11 Problem 1 - Step-by-step Solution Preview 11:51

Exercise 11. Problem 2 Preview 00:35

Exercise 11 Problem 2 - Step-by-step Solution Preview 04:54

Fire Suppression, Plumbing, Mechanical, and Electrical

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Earthwork: Division 31 Preview 05:43

Section slide notes are attached to the first video of the section.

Soil Excavation Preview 16:23

Cost Basis Preview 13:45

Truck Capacity Preview 12:08

Excavate by Hand vs. Machine Preview 04:58

Optimum Number of Trucks per Loader Preview 12:30

Equipment Rental Costs for Short or Long Periods Preview 10:09

Exercise 12. Problem 1 Preview 03:38

Exercise 12. Problem 1 - Note 1 Preview 02:25

Exercise 12. Problem 1 - Note 2 Preview 01:19

Exercise 12. Solution 1 Preview 03:39

Exercise 12 Problem 1 - Step-by-Step Answer Preview 33:24

Exercise 12. Problem 2 Preview 01:10

Exercise 12. Solution 2 Preview 02:16

Exercise 12 Problem 2 - Step-by-Step Answer Preview 08:15

Earthwork

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Assignment - Problem 1 - Answer Preview 50:33

Assignment - Problem 2 - Answer Preview 17:07

Equipment Analysis Preview 14:58

Section slide notes are attached to the first video of the section.

Example Preview 18:47

Equipment Expenses Preview 23:31

Equipment Rental Preview 13:57

Exercise 13. Problem 1 Preview 04:26

Exercise 13. Problem 1 - Note Preview 01:22

Exercise 13. Solution 1 Preview 07:30

Equipment Analysis

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Assemblies Estimating Preview 12:43

Section slide notes are attached to the first video of the section.

Exercise 14. Problem 1 Preview 01:33

Exercise 14. Solution 1 Preview 01:59

Assemblies Estimating

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