Welcome : Why Take this course

By Teresa / June 6, 2019

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Introduction to Cost Estimating
- Welcome : Why Take this course
- Who is this Course for
Module 1: Fundamentals of Cost-Estimating
- Differentiating cost and cost estimating
- Purpose for cost-estimates
- Impact of cost-estimates
Module 2: Setting the Cost-Estimating Stage
- Establishing credible cost estimates
- Obtaining realistic budget estimates
- The work breakdown structure
Module 3: Cost Estimate Approaches
- Basic cost estimate techniques
- Applied cost estimate techniques
- Parametric approach
- Analogous approach
- Engineering build-up approach
Module 4: Types of data
- Types of data: Technical and Programmatic
- Types of Data: Quantitative and Qualitative
- Properly Contextualizing Data
- Cost Data Considerations
Module 5: Data Collection for Cost Estimates
- The data collection process
- Data credibility and normalization
- Elements of persuasive estimates
Module 6: Data Quality
- Managing costs
- Relationships among cost, data, and performance
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