Cost Estimation Basics , A Beginner’s Guide to Cost Estimation.
Course Description
Cost estimation is a critical skill for anyone involved in project planning, budgeting, or financial decision-making. This course, “Cost Estimation Basics,” is designed to provide you with a solid foundation in estimating costs for projects of all types and sizes. Whether you’re a student, new professional, or someone seeking to improve your budgeting skills, this course offers practical insights that are easy to understand and apply.
You’ll learn the fundamental principles of cost estimation, including different types of estimates (preliminary, detailed, and definitive), key estimation techniques, cost components, and how to account for uncertainty and risk. Real-world examples, step-by-step guidance, and simple exercises will help you grasp how to develop accurate and realistic cost estimates.
By the end of this course, you’ll be able to:
- Understand the purpose and importance of cost estimation
- Identify key factors that influence project costs
- Apply basic estimating techniques with confidence
- Communicate cost estimates clearly to stakeholders
No prior experience is required—just a willingness to learn and a desire to improve your planning and financial skills. Enroll today and take the first step toward more successful, cost-efficient project execution!
Course have created by Designersworldcbe Gokul Prasad R S with 10+ Years of Experience in Mechanical Field
