Construction Project Management: A comprehensive handbook for effective construction estimators - Softcover

Smith Ph.D., Steven

Softcover

ISBN 13: 9798859767755

Publisher: Independently published, 2023

Synopsis

Accurate construction estimating is more than calculating costs. It requires sound judgement, reliable information, systematic analysis, and an understanding of the risks that influence project profitability.

Construction estimates shape critical decisions about project budgets, tender submissions, resource allocation, and financial feasibility. Inaccurate estimates can undermine project performance, while well-prepared estimates provide a stronger foundation for cost control, competitive pricing, and informed construction management.

Construction Project Management: A comprehensive handbook for effective construction estimators provides practical guidance on the principles, methods, and professional considerations involved in preparing accurate, reliable, and commercially informed construction estimates.

FROM ESTIMATING FUNDAMENTALS TO RELIABLE COST DECISIONS

This book explores:

• Estimating fundamentals: Understand the core principles and processes involved in construction cost estimating.

• Estimating methods and techniques: Explore systematic approaches to developing accurate, consistent, and dependable estimates.

• Cost analysis: Strengthen your understanding of how construction costs are assessed, organised, and incorporated into project estimates.

• Market conditions: Examine how changing prices, supply conditions, and market uncertainties can influence estimating decisions.

• Risk assessment: Identify potential cost uncertainties and understand their implications for project budgets and profitability.

• Contingency planning: Explore approaches to accounting for uncertainty and preparing more resilient construction estimates.

• Estimating accuracy and reliability: Understand how careful analysis, appropriate assumptions, and systematic review can improve estimate quality.

• Project profitability: Examine the relationship between sound estimating practices, financial planning, and successful construction outcomes.

ESTIMATING IS A FOUNDATION OF EFFECTIVE PROJECT MANAGEMENT

A construction estimate is not simply a prediction of expenditure. It is an important management tool that influences financial decisions before construction begins and provides a reference point for evaluating costs as a project progresses.

Effective estimators must therefore combine technical understanding with commercial awareness, risk evaluation, and the ability to respond to changing market conditions.

This handbook connects estimating principles with wider construction management objectives, helping readers develop a more disciplined approach to cost forecasting, financial decision-making, and project profitability.

WHO THIS BOOK IS FOR

Construction estimators, quantity surveyors, cost engineers, construction and project managers, contractors, construction business owners, built-environment students, and professionals seeking to strengthen their estimating and cost management capabilities.

Reliable construction estimates begin with sound principles, disciplined analysis, informed assumptions, and effective risk management. Mastering these capabilities provides a stronger foundation for financial control, competitive project delivery, and sustainable construction business performance.

Edition details

• Publisher: Independently published
• Publication date: 2023
• Language: English
• ISBN 13: 9798859767755
• Binding: Paperback
• Number of pages: 120