Course Objective: The objective of the course is to provide an awareness of cost parameters associated with heavy construction projects, as well as, the means and methods to incorporate these parameters in a structured manner into cost estimates of such projects. Contrasts in approaches to generating cost estimates for heavy construction projects and building projects are explored. Insight is given into the thought processes used in the preparation of heavy construction cost estimates. Examples of heavy construction projects are presented and the unique facets of the projects are discussed. Approaches to cost estimating of self performed work are examined. The concept of production rate based estimating is presented in detail.
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