Indiana Institute of Technology BA 2720 Construction Estimating Fall 2024, Start Date 11/25/24

This course introduces students to the elements involved in the preparation of the contractor’s bid proposal. Students will explore performing quantity takeoffs, determining crew sizes, and calculating daily outputs and unit costs. The organization of bid packages for general and subcontracted work will be discussed including unit prices for labor, material, equipment productivity factors, overhead and profit. Students will engage in conceptual estimating methods and cost variance analysis.