Master Project Estimation, Budgeting, and Financial Control in Civil and Construction Projects

The Estimation and Costing Techniques course is tailored for civil engineers, quantity surveyors, and construction professionals who aim to excel in cost estimation, budgeting, and financial management of engineering projects. This course bridges the gap between technical design and financial planning, enabling you to make data-driven cost decisions in real-time project environments.

You will learn how to develop precise BOQs (Bill of Quantities) and BOMs (Bill of Materials), prepare realistic budgets, control project finances, and implement cost optimization strategies aligned with industry standards.

📘 Key Learning Areas:

• Basics of project cost engineering and lifecycle costing

• Quantity takeoff and preparation of BOQ/BOM using drawings

• Rate analysis and unit costing for materials, labor, and machinery

• Budget creation and cash flow forecasting

• Cost control tools and variance analysis

• Use of Excel and project software for estimation and reporting

🧰 Tools & Techniques:

• Standard rate analysis formats (DSR, CPWD, SSR)

• Spreadsheet-based estimation and costing models

• Sample tender and billing documents

• Construction cost tracking templates

🏗️ Real-World Exposure:

Through real project case studies and document-based exercises, learners will simulate tasks performed by site cost engineers, project planners, and quantity surveyors in residential, commercial, and infrastructure projects.

By the end of this course, participants will:

• Confidently prepare BOQs and estimate costs

• Create and manage realistic budgets with contingency planning

• Analyze project cost performance and identify overruns

• Be job-ready for roles in cost estimation, billing, or planning departments