SHORT COURSES
Estimating for Non-Estimators
Level: Introductory
Facilitators: Troy Dunow & Mona El Wazzan, Turner & Townsend
This short course will provide project team members a view of the standard activities required for preparing estimates during various project development stages. It is not a detailed course for the professional cost estimator, but a guide for the preparation and review of project specific estimates.
This course describes many factors that are incorporated into the cost estimate and describes the way in which estimates are developed. In addition, the course will explain a standard accuracy guide for each stage. It also includes guidelines for estimate reviews to ensure that estimates meet the required validity and accuracy level for the project stage being considered.
The primary topics to be covered in the course are:
What is an estimate and why do we use them?
Estimate types and accuracy
Estimating process
Direct and indirect costs
Allowances
Risks and contingency
Escalation and inflation
Estimate considerations
Reviewing the estimate
Participants will develop a small estimate using the principles discussed in the course. They will be provided with an MS Excel template and a standard guidance document for estimating. The course will be based off AACEi Recommended Practices.
Short Course Objectives:
What is an estimate and why do we use them? Estimate types and accuracy / Estimating process / Direct and indirect costs / Allowances / Risks and contingency / Escalation and inflation / Estimate considerations / Reviewing the estimate.
Target Audience:
Project professionals that are not estimators.
About the instructors:
Troy is an experienced Program Manager, Project Manager, Project Controls Manager, Estimator, Risk Manager, and Cost Manager. He has worked on various projects across all sectors throughout North America. He has extensive on-site construction experience in mining, infrastructure, and high tech.
He holds a Bachelor of Science in Construction Management/Civil Engineering from Boise State University and a Master of Business Administration from the University of Phoenix. He is a member of the Canadian Institute of Mining, Association for the Advancement of Cost Engineering, and Project Management Institute.
Mona is a Senior Estimator at Turner & Townsend in Calgary, Alberta, boasts a Master's degree in Civil Engineering from the Lebanese University. With 13 years of expertise, her career spans real estate, infrastructure in the Middle East, and natural resources in North America, showcasing her proficiency in estimating, procurement, and cost control.