Mn/DOT Scoping and Cost Estimating: Training

Training

Cost Estimating/Cost Management (CE/CM) Training

This course supports the implementation of the MnDOT Cost Estimating and Cost Management process. The course follows the flow and format of the CE/CM Technical Reference Manual (TRM – see tools), and serves as an introduction to the CE/CM policies, processes and tools.

Listed below are links to videos taken during one of the first classes on Cost Estimating and Cost Management which was held on August 17, 18 and 19, 2009.

Cost Estimating

Day 1 – Morning

Introduction
Module 1 – Cost Estimating: Why, When, Who, Where and How
Module 2 – Project Development and Cost Estimating and Cost Estimate Management
Module 3 – Cost Estimating Overview
Module 4 – Key Estimating Tool (part 1)
Module 4 – Key Estimating Tool (part 2)

Day 1 – Afternoon

Module 5 – Determine Estimate Basis
Module 6 – Prepare Base Estimate

Day 2 – Morning

Module 7 – Determine Risk and Set Contingency (part 1)
Module 7 – Determine Risk and Set Contingency (part 2)

Day 2 – Afternoon

Module 8 – Review and Approve Estimates
Module 9 – Determine Communication Approach
Module 10 – Cost Estimating Training Summary

Cost Management

Day 3 – Morning

Module 1 – Cost Management: Why, When, Who, What, Where and How
Module 2 – Cost Estimating Review
Module 3 – Cost Management Overview
Module 4 – Key Cost Management Tools