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Cost Estimation Methods

Lifetime
All levels
2 lessons
1 quiz
16 students

Overview

How much would it cost to build a house? Or construct a highway bridge? Or, repair a road. You know, that road with endless potholes. In fact, how much does it cost to do anything in construction? As you’d expect, there are many recognised methods for cost estimation. The method used will vary, depending on the quality of available data and the level of project definition. However, they all share the same goal: To determine the Anticipated Final Cost (AFP).

In this lecture, we’re going to investigate the different estimation methods available, how they work & when they should be used.

 

What does this course entail?

One Video

One Transcript

Key Points

One Quiz

How long will this course take?

20 minutes

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