A Practical Guide for Those That Need to Review Construction Cost Estimates is Finally Available

Understanding Construction Costs: How to Review Estimates is a new guide for building professionals who need to work with construction cost estimates. The guide is available in print or e-book, and accel.io guide formats.
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NEW YORK - Feb. 21, 2014 - PRLog -- Construction cost estimates are incorporated into budgets, bids, proposals, building appraisals, and much more. This guide is for anyone who needs to make decisions based on construction cost estimates. These individuals may include architects, engineers, project managers, facility managers, building investors, or just about anyone involved in construction or real estate. The guide is written primarily for purchasers (or owners' representatives) of construction projects and related services -- not providers of those services.

It is not intended to teach its readers how to become construction cost estimators; there are books and courses that do this.  Besides, learning how to prepare a reliable construction estimate involves a considerable amount of time and practice, which is not required or necessary for those that don’t wish to actually become construction cost estimators. Rather this guide fills a need in providing a solid principles and a firm foundation for reviewing construction cost estimates.  This guide will be helpful for those who need to review, analyze, or make a decision based on construction cost estimates as part of their other responsibilities. The guide refrains from using unnecessary technical terms and jargon. However, there is a glossary with definitions, if needed at the end of the book. After reading this guide, the reader should be able to review, understand, and utilize construction cost estimates with confidence. It also provides guidance in determining whether the estimate review should be performed on one’s own, or with the assistance of estimating firm. If the answer is to hire an estimating firm, it provides guidance on how to do procure and hire one. Finally, it puts construction costs in perspective with overall project costs and other considerations.

Specific topics in the guide include: Estimate types & methods, reviewing estimates on your own vs. hiring an estimator, understanding estimate line items, understanding estimate mark-ups, spot-checking estimates, using third party cost data, bid breakdowns, schedule of values, construction change order estimates, life cycle costing, construction schedules, environmental impacts as related to costs, and cost benefit analysis.

The author is Joseph Macaluso, a Certified Cost Professional with over twenty years of experience estimating multimillion dollar projects for several New York City and New York State agencies. He has also negotiated construction change orders, and managed a contractor qualification unit. He has contributed chapters to the Wiley books, Green Building: Project Planning & Cost Estimating, Building & Renovating Schools, and was a contributing editor for the RS Means Estimating Handbook. Other activities included chairing the Government & Public Works Group of the Association for the Advancement of Cost Engineering (AACE) and the New York Inter-agency Engineering Council. In 2008 he was awarded the Technical Excellence Award by the AACE. Joe has also enjoyed teaching construction cost estimating at Long Island University, and the City University of New York.

The editor is Mary Greene, former managing editor of RS Means' estimating and construction publications. Mary is currently a free-lance editor and writer, specializing in book manuscripts, articles, and promotional copy for design, construction and facilities management professionals.

This eighty four page illustrated guide has just been released and is available in both, print format as a paperback, and e-book form in all major e-book formats. It is available on the Amazon, Barnes & Noble, Apple, Kobo, and Accel.io websites. The price for both print and e-book versions is $9.99

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Tags:Construction Cost Estimates, Building Estimates, Construction Budgets
Industry:Books, Construction
Location:New York City - New York - United States
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Page Updated Last on: Feb 26, 2014

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