Techniques for preparing cost estimates.

DOE-S T D-1180-2004

Discuss the construction methods and requirements associated with earth work and

trenching. Include the following elements in the discussion:

Water pollution and soil erosion

Traffic control measures

Dust control

Personnel Protection

Construction Management personnel shall demonstrate a working level

knowledge of techniques for preparing cost estimates.

Supporting Knowledge and/or Skills

a. Discuss how each of the following factors contributes to the development of cost

estimates for a construction project:

Construction plans

Productivity rates

Specifications

Schedule interpretation and impacts

General and administrative rates

Material prices

Equipment types and rates

Known labor rates

b. Discuss the impact of job factors on productivity rates.

c. Evaluate time, material, and labor estimates for a construction project.

d. Discuss the effect of escalation and inflation factors on cost estimates.

e. Discuss the purpose of contingency in cost estimating, including an explanation of

how it is calculated.

Prepare a cost and technical analysis of a contractor's proposal.

g. Discuss funding authorization limits and their impact on the cost estimating process.

h. Develop recommendations for the contracting officer based on cost and technical

analysis.

Describe the application and use of estimator tools.