Diploma of Cost Estimation of Construction Projects

所在平台: Udemy

课程主页: https://www.udemy.com/course/financial-management-for-construction-projects-level-1/

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**Coursera Construction Project Cost Estimation Diploma Course Summary** This Coursera diploma course offers comprehensive training in construction project cost estimation and financial management, divided into two levels. **Level 1** focuses on foundational knowledge. It covers: * **Introduction to Accounting and Construction Management:** Understanding accounting cycles, tender processes, project delivery methods, procurement, contract types, and associated risks. * **Cost Estimating Fundamentals:** Delving into the estimation and management of direct cost elements such as labor, material, and equipment, as well as subcontractor costs. * **Indirect Costs and Overhead:** Managing and optimizing jobsite general conditions and indirect costs, including strategies to mitigate the impact of change orders, claims, and delays. * **Home Office Overhead and Profit:** Estimating and managing home office overhead, performing breakeven analysis, and determining and managing markups and profit. Upon completing Level 1, participants will be equipped to manage the accounting cycle and tender process, understand project delivery methods and risks, estimate and manage all direct and indirect construction costs, and price a complete project professionally. **Level 2** builds upon the foundation by addressing advanced financial management topics crucial for the entire project lifecycle. It includes: * **Cost Control and Earned Value Analysis:** Implementing effective cost control measures and utilizing earned value analysis for project performance tracking. * **Cash Flow and Payment Management:** Understanding project cash flow, processing payment requests, and managing financial close-out. Successful completion of both levels will enable participants to manage construction projects financially from the tender stage through to financial close-out in a professional and proficient manner.

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This course is divided to two levels as below:Level-1 includes the following topics:Lecture 1: IntroductionLecture 2: Accounting methodsLecture 3: Introduction to construction managementLecture 4: Introduction to cost estimatingLecture 5: Jobsite general conditionsLecture 6: Overhead and profitLevel-2 includes the following topics:Lecture 1: Cost controlLecture 2: Earned value analysisLecture 3: Cash flowLecture 4: Payment requestsLecture 5: Financial close-out of the construction projectBy end of level-1 of this course, you will be able to:Manage the accounting cycle and tender process.Understand the projects delivery methods, procurement ,contracts types and the associated risks.Estimate and manage the construction costs elements(Labor, Material, Equipment and Subcontractor).Estimate and manage the jobsite indirect cost in a professional way, Implement the strategies to optimize the jobsite indirect cost.Mitigate the impact of change orders, claims, and delays on the jobsite indirect cost.Estimate and manage the home office overhead costs , conduct breakeven analysis ,markups and profit determination and management. Price a whole project in a professional way.After completion of this level, you will be eligible to take the Level-2, which includes the rest of financial management topics, then, you will be able to manage the construction projects financially from the tender stage to the financial close out stage in a professional way.

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