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This program develops proficiency in construction cost estimation, quantity takeoff methodologies, budget preparation, and cost control techniques essential for competitive bidding and project financial management.
The Cost Estimation & Quantity Survey Program develops skills in cost engineering, quantity take-off, and project financial management. It introduces the role of estimator and quantity surveyor, project cost lifecycle, types of estimates, and cost terminology. Quantity take-off methods cover reading drawings, BOQs, measurement techniques, take-off practices, and error prevention. Rate analysis and costing include labor, material, equipment, and overhead costing, profit and contingency calculation. Budgeting and cost control cover project budgeting, cash flow forecasting, cost monitoring, and cost variance analysis. Contracts and tendering include understanding tender documents, bid evaluation, contract types, and commercial terms. Construction planning interface covers linking quantities with schedules, resource-based costing, productivity norms, and cost optimization. Change and claim management includes variation orders, claims preparation, impact cost analysis, and negotiation basics. Reporting and documentation cover estimation reports, cost statements, client presentations, and audit readiness. Software and tools include Excel-based estimation, basic estimation software, data organization, and digital reporting. Field practices and case studies provide real project examples, common estimation errors, best practices, and lessons learned.
The module highlights how thoughtful planning can directly improve project quality, reduce accidents, and help projects finish on time and within budget.
Graduate Engineers or Diploma Engineers pursuing careers in project controls, estimation, or commercial management.
Master quantity surveying techniques for accurate material and resource estimation, Develop expertise in preparing detailed cost estimates and bills of quantities, Understand pricing strategies rate analysis and cost database management practices, Apply cost control and variance analysis methods throughout project execution phases, Improve career prospects in construction management procurement and project planning departments
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