About This Course:
Cost estimates represent a key element of the foundation for successful construction projects. A properly developed estimate leads to smooth sailing throughout the project’s life-cycle for all stakeholders —from architects and engineers to project administrators and owners. In a world rife with harmful cost overruns this skill is essential for projects of all types and magnitudes.
This webinar offers an introduction to the best practices of cost estimating and examines the classification of estimates and respective project design stages, as well as direct and indirect costs. Participants will understand the significance of trustworthy data when creating an estimate, as well as where and how to access such data types of key data necessary for the development of an accurate estimate. The elements of the general requirements and critical cost factors will also be discussed.
About the Speaker:
PE, P.Eng. (Canada), PMP, WELL AP, LEED GA,CTSPrincipal Estimator at the Port Authority of New York & New Jersey, possessing more than 20 years of experience in establishing and reviewing estimates for heavy civil construction projects of various types (aviation, passenger and freight rails, roadways and utilities, bridges and tunnels, etc.) and at all design stages (from order-of-magnitude through bid estimates), and proficient in both design-bid-build and design-build / fast-track projects. Currently assigned to be the lead estimator to the $13 billion JFK Redevelopment Program and responsible for conceptual estimate development and audit reviews. Previously worked for STV, Incorporated, Con Edison, MTA New York City Transit and MTA Bridges & Tunnels. Professional licences and credentials include:
Professional Engineer (PE) in New York State Professional Engineer (P. Eng.) in the Provinces of Alberta and British Columbia, Canada PMI Project Management Professional (PMP) WELL AP USGBC / GBCI LEED Green Associate AVIXA Certified Technology Specialist
Henry Yu, PE, P.Eng. (Canada), PMP, WELL AP, LEED GA,CTS
Thursday, April 28, 2022
2:00 PM – 3:00 PM ET
1.0 AIA LU / PDH / LA CES / PE (NY)
Each webinar session earns continuing education credit and can be registered for individually. All attendees must log on through their own email – attendees may not watch together if they wish to earn continuing education credit. DPC Continuing Education must be able to prove attendance if either the attendee or DPC Continuing Education Inc. is audited.
Certificates of completion can be downloaded in PDF form upon passing a short quiz. A link to the quiz will be sent to each qualifying attendee shortly after the webinar. The certificate can be downloaded from the Results page of the quiz upon scoring 80% or higher.
Webinars are presented via GoToWebinar, an easy-to-use application that can be run on most systems and tablets. Instructions and login information will be provided in an email sent close to the date of the webinar. It is highly recommended that you download, install and test the application before the webinar begins by clicking on the link in the email.
If you have never used GoToWebinar before, you may watch a short tutorial before the webinar as follows:
Please find the system requirements for Gotowebinar as follows: