Udemy

Construction Cost Estimating - Complete Guide

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  • 420 Students
  • Updated 9/2025
4.6
(26 Ratings)
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Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
1 Hour(s) 37 Minute(s)
Language
English
Taught by
Tim Fairley
Rating
4.6
(26 Ratings)
2 views

Course Overview

Construction Cost Estimating - Complete Guide

Learn the fundamentals of estimating - FAST

Master Construction Estimating in Less than 90 Minutes (and get an excellent Excel estimating template)

Estimating is the foundation of every successful construction project — yet many professionals still rely on outdated methods or guesswork. This course shows you a better way.

By learning structured estimating techniques, you’ll build accurate, competitive bids and protect your margins while saving time.

You'll also kick-start your career as a construction estimator!

We’ve helped over 35,000 students grow their construction careers with practical, industry-focused training that delivers results.

This course is:

  • Proven – Thousands of students with 94% reporting improved confidence or job performance

  • Practical – Built by real construction professionals, for use on real projects

  • Efficient – Learn the essentials fast without unnecessary fluff

  • Resource-Rich – Includes an editable Excel estimating template, slides, and materials you can use immediately

We actively respond to questions and continually improve our content based on student feedback.

What You’ll Learn

Section 1 – Introduction to Estimating

  • What is construction estimating (and why it’s so important)

  • Why it matters

  • Understanding construction costs

  • When to estimate

  • Estimating methods

Section 2 – How to Estimate

  • Top-Down (Budget) Estimating

  • First-principles estimating

  • Direct Costs

  • Indirect costs

  • RIsk and opportunity

  • Profit and overheads

  • Reviewing and submitting your estimate

Section 3 – Conclusion

  • Learn to use our estimating template

  • Conclusion

Course Content

  • 3 section(s)
  • 19 lecture(s)
  • Section 1 Introduction
  • Section 2 How to Estimate
  • Section 3 Conclusion

What You’ll Learn

  • Construction Cost Estimating
  • How to estimate construction costs
  • The fundamentals of estimating
  • Estimating with microsoft excel
  • What is estimating
  • Why estimating matters
  • Understanding construction costs
  • Different Estimating Methods
  • When to estimate
  • Top-Down (Budget) Estimating
  • First-principles (bottom-up) estimating
  • Direct cost estimating
  • Labour costs
  • Plant Costs
  • Sub-contract costs
  • Indirect costs
  • Reviewing and submitting your estimate


Reviews

  • R
    Retha Hechter
    4.5

    Good explanations and showing how to do it, makes a lot of sense

  • A
    Adedeji Oluwatosin Adeloro
    4.5

    This course is excellent! Tim has once again demonstrated his exceptional mastery of construction project management. The course is well-structured, thoroughly developed, and brilliantly delivered. It demystifies construction cost estimating, making key concepts clear and accessible. I strongly recommend this course to anyone looking to deepen their expertise in the field.

  • O
    Otis K. Moore
    5.0

    I am learning a lots of valuable aspect of construction cost estimating and the presentation is excellent.

  • J
    John HE Daniels
    4.0

    More detailed than I expected with excellent resources. Struggled to open the e-book.

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