Nov 30, 2020
ACH 230 - Cost Estimating for Construction 3 credit hours - One hour of lecture and four hours of laboratory weekly; one term.
Examine the role of cost estimating in the construction process. Identify concerns and processes related to and involved with estimating construction costs. Review economic factors that affect construction costs. Categorize and calculate construction costs by building materials and systems. Lab fee $40.
Prerequisite(s): ACH 122 and ACH 219 or concurrent enrollment in ACH 122 and ACH 219 and eligibility for MAT 012 , or permission of department chair.
Corequisite(s): ACH 122 and ACH 219
Upon successful completion of this course, students will be able to:
- Analyze construction economics.
- Differentiate building cost factors associated with construction.
- Compare various sources of construction financing.
- Discuss legal aspects of construction cost estimating within the procurement process
- Outline construction estimating process and procedures.
- Classify the various costs associated with the phases of the project life cycle.
- Employ methods of value engineering to material and system selection affecting overall return on investment.
- Prepare cost estimates during procurement phase of the life cycle of the construction project.
- Justify cost management practices during the contract administration phase of the construction.
- Practice cost estimates of materials.
- Calculate quantities of construction products/materials within a building system.
- Apply cost per unit to estimated quantities.
- Use software currently employed in the construction industry.
- Synthesize the relationship between construction specifications, scheduling, inspection and construction costs.
Core 2 Technology Fluency Core 3 Information Literacy Core 7 Quantitative Reasoning Core 9 Global Perspective Core 10 Innovative and Critical Thinking