This blended learning course focuses on process for assembling an estimate including: developing material lists, applying labor unit data, material takeoff and application of direct job costs, overhead, and profit.
This three-day course focuses on understanding the cost components of electrical estimating, instilling industry best practices, all while developing a sound estimating process. Topics are presented in a lecture format followed by hand-on estimating exercises to reinforce the principles learned. Through the hands-on exercises participants will be expected to perform a takeoff, develop a material list, lookup and apply labor units using the NECA Manual of Labor Units, summarize the costs of the estimate, and apply overhead and profit to the estimate. Each lesson builds upon the previous one, with all the learning coming together through a simulated bid opening on the final day.
Through active participation and completion of this course participants will be able to:
- Define estimating terminology
- Recognize and identify electrical symbols
- Identify potential estimating errors and correct them
- Understand the costs associated with electrical construction
- Prepare an estimate for a commercial electrical project including identifying the scope of work, organizing a material takeoff, applying labor units, summarizing costs and calculating a bid price for the project.