Construction Estimating and Budgeting Basics
Channel: Plan & Spec
Date: 2023-07-29

Learn construction estimating and budgeting in today's video!  I'll go through a typical estimating process on a commercial construction project, and talk about grouping materials in assemblies to make estimates easier.  Enjoy!

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📌 RECOMMENDED PLAYLISTS 📌 
1. READING CONSTRUCTION DRAWINGS : https://youtube.com/playlist?list=PLVdiF5bt4HdnFc9zpo34qDu9fDML0DHEU 
2. GENERAL CONSTRUCTION TOPICS : https://youtube.com/playlist?list=PLVdiF5bt4Hdk5IJI9I2BhJYPHBIZUXj7b 
3. YOUTUBE CONSTRUCTION SHORTS : https://youtube.com/playlist?list=PLVdiF5bt4Hdmt07BmUVfFEluO-Qf6uAh_ 

🕒 SKIP AHEAD IN THE VIDEO 🕒 
00:00 Intro - Let's GO!
00:14 Construction Estimating Process Explained
01:04 What is the Construction Business Development?
01:41 What are Construction Bid Qualifications?
02:48 What is a Construction Instruction to Bidders?
03:14 Estimating Phases Explained
04:55 What is a Construction Allowance?
05:52 What is a Construction Contingency?
06:14 Construction Estimate Phases - Walk Through (in-depth)
10:47 What is a Construction Takeoff?
11:11 How to Complete a Construction Takeoff
13:33 What is a Construction Assembly in Estimating?
16:03 The SECRET to getting the Best Estimates
16:22 Outro - See you soon!

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