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Construction estimating has its own language and tools. This module introduces you to the core terminology, classifications, and digital tools used by estimators. You鈥檒l gain insight into how costs are broken down, how to distinguish between direct and indirect expenses, and how cost codes keep everything organized. You鈥檒l also explore some of the software tools used in today鈥檚 estimating environments.

This module walks you through the full estimating workflow鈥攆rom reviewing project documents to preparing a final estimate. You鈥檒l learn how estimators approach each step methodically, ensuring accuracy and consistency. Whether you鈥檙e new to estimating or refining your process, this module gives you a clear framework to follow and practice with real-world examples.

In construction, risk is inevitable鈥攂ut it can be managed. This module introduces you to the concept of risk in estimating and the use of contingencies to address uncertainty. You鈥檒l learn how to identify potential risks, evaluate their impact, and apply appropriate contingency allowances. By the end, you鈥檒l be better prepared to produce estimates that reflect the realities of construction projects.

Before submitting a bid, estimators follow a series of best practices to ensure their work is thorough, compliant, and strategically sound. In this final module, you鈥檒l walk through the essential pre-bid steps, including final reviews, internal checks, and bid packaging. You'll learn how to document assumptions, validate pricing, and ensure all estimate elements align with client expectations. We鈥檒l also explore how ethics plays a supporting role in the decision to bid and in maintaining the integrity of your estimate. By the end, you鈥檒l be equipped with practical strategies to deliver accurate, professional, and responsible construction estimates.