Cost Estimating Fundamentals成本估算基础.pdf

OLYMPIC REGION DESIGN & CONSTRUCTION CONFERENCE 2007 Cost Estimating Fundamentals WEDNESDAY FEBRUARY 07, 2007 SW Washington Pipe Trades Training Center Rm. 152 Tuesday Feb 27 & Wednesday FEB 28 9:40 am to 10:50 am Hamlin Room 10:30 am to 11:30 am 11:00 am to 12:10 pm 1 Cost Estimate: Why, When, Who, What, Where, and How This session will focus on several issues related to cost estimating. For example, we will discuss why we do cost estimates and why they are important. We will discuss when we prepare estimates in terms of the WSDOT project development process. This discussion will also relate cost estimating to the WSDOT Project Management Process. We will also discuss what are the main issues and challenges related to preparing cost estimates. Because estimating is a multi- disciplinary effort, who prepares cost estimates is discussed. Cost estimates are prepared in many locations, thus, where they are preformed is important. Finally, we will explore how estimates are prepared. 2 Is Cost Estimating a Science or an Art? Let us discuss this question for a few minutes. This is an interesting question. Most of you are planners or design personnel where your main project responsibilities are related to preparing technical information such as traffic operations analysis, concept drawings, preliminary plans and specifications. In the cost estimating field you use this information to prepare estimates. You have to interpret technical information and often make calculations to develop quantities of material for different items