Introduction to Cost Estimating for Construction

One of the greatest challenges for a construction company is to successfully deliver on all aspects of a project both according to the client's specifications and within the allotted budget. The accuracy of your cost estimation process can make or break project success. Understanding your construction costs and successfully setting up good cost strategies will help you gain control of this key area and ensure future project profitability! When it comes to controlling costs, it is a critical first step to make appropriate estimations at the outset of a project. Being able to control costs is largely a matter of adhering to established guidelines, oftentimes by learning from previous projects and reacting to current circumstances efficiently and effectively.



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  • Understanding Cost Estimating

  • Understanding your total costs


  • Learn how to be successful in estimating costs


  • Review a Sample Project Estimate

  • Learn how to avoid making common estimating mistakes


WHEN:             Friday, November 20, 2020


TIME:                9:00 a.m. to 1:00 p.m. Mountain Time

COST:               Free

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The Contract Opportunities Center, which serves as a Procurement Technical Assistance Center (PTAC), is funded in part through a cooperative agreement from the Department of Defense (DOD) through a program that is administered by the Defense Logistics Agency (DLA). The content of any written materials or verbal communications of the PTAC does not necessarily reflect the official views of or imply endorsement by DOD or DLA.