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Course Schedule
Classroom Sessions:
Date Venue Fees
27 - 31 May 2024 London - UK $5,950
25 - 29 Nov 2024 London - UK $5,950
Course Description

INTRODUCTION

In this Estimating, Preconstruction, and Bidding training course, participants will explore the critical aspects of construction project planning and initiation. Through a combination of theoretical knowledge and practical applications, attendees will gain a deep understanding of the processes involved in estimating project costs, preparing for construction activities, and submitting competitive bids in the industry.

Throughout this training course, participants will explore key concepts such as cost estimation methodologies, pre-construction planning techniques, and strategies for successful bidding. The training course will equip attendees with the necessary skills and insights to navigate the complex landscape of construction project initiation with confidence and proficiency.

The GLOMACS Estimating, Pre-construction, and Bidding training course will highlight:

  • Learn practical methods for accurately estimating project costs, from material quantities to labour expenses.
  • Explore strategies to streamline preconstruction activities, including site evaluation, logistics planning, and risk assessment.
  • Gain insights into the art of competitive bidding, including pricing strategies, proposal development, and negotiation tactics.
  • Analyse real construction projects to understand how teams can apply estimating, preconstruction and bidding principles in practice.
  • Engage in interactive workshops led by industry experts, offering valuable insights and practical guidance for successful project initiation.

Objectives

At the end of this Estimating, Pre-construction, and Bidding training course, you will learn to:

  • Apply various techniques for estimating construction costs accurately.
  • Develop comprehensive preconstruction plans for construction projects.
  • Execute effective bidding strategies to secure contracts competitively.
  • Analyse real-life case studies to identify challenges and apply solutions.
  • Engage in collaborative discussions to share insights and best practices.
  • Demonstrate negotiation and decision-making skills through role-playing exercises.
  • Implement feedback to improve understanding and application of training course concepts.

Training Methodology

The "Estimating, Pre-construction and Bidding" training course employs a multifaceted training approach, integrating lectures, hands-on exercises, case studies, group discussions, role-playing, feedback mechanisms, and practical application projects. Through engaging sessions led by industry experts, participants gain theoretical understanding and practical skills in construction cost analysis, preconstruction planning, and bidding processes, fostering their professional development and readiness for real-world application.

Organisational Impact

The Organisation will have the following benefits:

  • Enhanced cost estimation accuracy and efficiency.
  • Improved preconstruction planning methodologies and strategies.
  • Streamlined bidding processes leading to increased competitiveness.
  • Better resource allocation and budget management.
  • Enhanced project risk assessment and mitigation capabilities.
  • Improved project management skills for successful project delivery.

Personal Impact

At the end of this training course, the participants will gain the following:

  • Advanced estimating techniques for precise project budgeting.
  • Enhanced preconstruction planning skills for efficient project execution.
  • Improved bidding strategies to secure lucrative contracts.
  • Better understanding of industry standards and best practices.
  • Enhanced negotiation skills for favourable outcomes.
  • Career advancement opportunities through expanded skill set.
  • Increased confidence in handling complex construction projects.

WHO SHOULD ATTEND?

This GLOMACS Estimating, Pre-construction, and Bidding training course is suitable to a wide range of professionals but will greatly benefit:

  • Project Managers who responsible for overseeing construction projects from inception to completion, ensuring they are delivered on time and within budget.
  • Estimators who assess the costs of materials, labour, and other resources required for construction projects.
  • Construction Planners who develop detailed plans and schedules for construction projects, including resource allocation and logistics.
  • Procurement Specialists who are responsible for sourcing and acquiring materials, equipment, and services needed for construction projects.
  • Bid Managers who are responsible for preparing and submitting competitive bids for construction projects. Their work often requires strategic planning and cost estimation skills.
Course Outline

DAY 1

Estimating Fundamentals

  • Introduction to Estimating Principles
  • Types of Estimates: Conceptual, Preliminary, and Detailed
  • Estimating Methods: Analogous, Parametric, and Bottom-Up
  • Factors Affecting Construction Costs
  • Estimating Software Applications

DAY 2

Advanced Estimating Techniques

  • Cost Estimation for Different Construction Phases
  • Labour, Material, and Equipment Cost Analysis
  • Overhead and Profit Margin Calculation
  • Contingency Planning and Risk Assessment
  • Value Engineering Principles
  • Estimating for Specialized Construction Projects

DAY 3

Preconstruction Planning

  • Project Lifecycle and Preconstruction Phase Overview
  • Site Analysis and Selection Criteria
  • Permitting and Regulatory Compliance
  • Construction Scheduling and Sequencing
  • Resource Allocation and Procurement Planning
  • Budget Development and Cost Control Measures

DAY 4

Bidding Strategies and Proposal Development

  • Understanding the Tendering Process
  • Bid Preparation: Documentation and Requirements
  • Cost Breakdown Structure for Bidding Purposes
  • Pricing Strategies and Competitive Analysis
  • Legal and Ethical Considerations in Bidding
  • Presenting the Bid: Communication and Presentation Skills

DAY 5

Negotiation Skills and Contract Award

  • Negotiation Techniques and Strategies
  • Contract Types and Terms Negotiation
  • Risk Management in Contract Negotiation
  • Finalising the Contract: Terms and Conditions Review
  • Contract Award Process and Documentation
  • Post-Bid Analysis and Lessons Learned
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

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