Lecture two hours, laboratory three hours. Advanced Estimating and Bidding - A study of the concepts and practices involved in the total estimating and bidding process in construction, from initial project selection to submission of final bids. Covers considerations in project selection, variables affecting labor productivity, sub-bid analysis, contingency and risk analysis, pricing concepts, bidding models, and an introduction to computer applications. A complete project estimate and bid is prepared by each student. Lecture two hours, laboratory three hours.
Students study how construction contractors manage cost, time, scope, and quality.
The theory of Project Management is developed and compared to management of the on-going business enterprise. Matrix and functional organizations are examined within the context of the industrial, commercial and heavy contract construction industries using the principles of the management process. Lecture three hours. Planning, Scheduling and Control - A study of the concepts used in planning and controlling construction projects. Manual procedures followed by computer applications.