Learn about cost control and cost control methods, emphasizing the Earned Value Method or EVM Acquire the fundamentals of cost estimation and the design phase to perform cost estimation Professor Odeh then describes the types of cost estimates in a construction project, and the tools and methods used to create estimates.īy the end of this course, you will be able to: Next, learners explore the stages of design in a construction project.
The course begins with Professor Odeh providing an overview of what will be covered. Learners will work on a break-even analysis of construction tasks in a project. In addition, the course highlights the importance of controlling costs and how to monitor project cash flow. This course introduces the types of cost estimation from the conceptual design phase through the more detailed design phase of a construction project.
