Construction Cost Estimating in a Turbulent World Webinar
We last presented this 1-hour program on Thursday, January 26th at 10:00am Pacific
Introduction
Construction Cost Estimating in a Turbulent World is intended to help claims professionals learn to understand what it takes to summarize and analyze estimates from contractors and consultants in the midst of inflation, COVID-19, and a supply chain crisis. It’s not easy, but it is a valuable skill that can save lots of money.
Cost estimating is a profession with specialized skills, training, education, and certifications; but it’s not rocket science. There is some math, so it’s scary to a lot of people. There are many moving parts in a big estimate: designers, insurance, labor, materials, equipment, subcontractors... The list can go on and on.
So, how does a normal person without decades of experience or specialized training understand and evaluate an estimate in uncertain conditions? We are going to show you. Remember: Construction is not terribly difficult to understand. It's really just sticks and stones, and neatly stacked pieces of glass and steel. What makes it hard is the complexity; the sheer number of components requires an organizational system. We have one, and we present it in this 1-hour program.
Learning Objectives
Gain a big picture perspective on estimates, especially the supply chain crisis and its impact on the construction industry.
Learn to summarize a construction cost estimate.
Understand the basics of estimate analysis.
Discuss the power and dangers of Xactimate.
Review case studies and real world examples of construction cost estimate summary & analysis.
Program Outline
Introduction
Case Studies
Understanding Estimating and Pricing
Understanding the Differences Between Estimates
Communicating the Differences Between Estimates
Estimating: How Xactimate Works, and How it Doesn't
Conclusion
Our Panel
Pete Fowler
Chief Quality Officer
Pete Fowler Construction
Parker Anderson
Consultant
Pete Fowler Construction
Tom Gesner
Technical Claims Director for Construction Defects
AMTrust Group
Continuing Education
A disclaimer that you must attend the live webinar to obtain credit. Certificates of attendance will be sent to eligible webinar attendees within three business days of the webinar.
This webinar is approved for 1.0 credit hour of continuing education credit in the following states:
Texas State Bar - Course #174177082
Nevada State Bar - Course #P_20230126_51574
Florida State Bar - Course #2209742N
California Department of Insurance - Course #388358
California State Bar - Provider #11573