What is Construction Estimating?

Learn Everything You Need to Know About Construction Estimating

Construction estimating involves predicting the costs of an entire project, including everything from labor and equipment to various materials and technologies. It is an essential part of construction planning and sets the tone for the rest of the building process. Today, it is a skill used by Construction Estimators, Contractors, Architects, Project Managers, and Engineers to stay on budget and within the preferred timeline. Learning construction estimating can be an incredibly valuable skill regardless of your interests, goals, or reason for entering the construction field. With construction estimating, you can diversify your professional skills and help accurately plan, negotiate, and execute projects while minimizing risks, maintaining security, and maximizing profitability. In this overview, you’ll learn more about what Construction Estimating is, what it can do, who uses it, and how to learn it so you can determine how to add this skill to your professional toolbox.

A Brief History of Construction Estimating

Construction estimating has been around for as long as construction has taken place. Ancient civilizations like the Egyptians, Romans, and Greeks all had to decipher how much material and labor they would need for huge projects like temples, churches, and pyramids, just as much as everyday structures like homes, markets, and theatres. However, it wasn’t until the industrial revolution took place that construction estimating became more formalized. As buildings and structural projects became more advanced and large-scale, they also became more complex and demanding. Building companies and Contractors alike start taking into consideration all kinds of factors such as written measurements, necessary resources, and plans for labor.

For decades, construction estimating remained. But with the rise of the internet age came new tools and technologies that make the calculation process even more streamlined. Estimators began using software to track materials costs, market changes, labor rates, and necessary resources. This not only speeds up the entire process but also makes everything far more accurate compared to doing calculations on pen and paper. Today, construction estimating continues to evolve with tools like Building Information Modeling (BIM) and cloud-based platforms that allow for even easier collaboration among teammates. Moving forward, the future of construction estimating will likely shift as new technologies continue to emerge such as artificial intelligence (AI) and other tech that makes estimates more precise. The goal is always to provide the best estimates for the project, so anything that sends the field in that direction will likely be welcomed by construction companies and professionals alike.

Why Learn Construction Estimating?

Learning construction estimating is essential for anyone who wants to work in the construction industry. It helps you understand how to properly calculate the costs of a project, ensuring that everything stays within budget and your company avoids any unexpected expenses. Being skilled at estimating also means you have the skills to manage resources effectively and plan timelines accurately. This ability to make smarter financial decisions is a powerful tool and helps minimize risks, increase the chances of project success, and keep the entire team working more cohesively.

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In a professional setting, construction estimating is crucial for roles like Construction Estimators, Project Managers, and Contractors. It enables professionals to bid on projects accurately, determine the materials and labor needed, and prepare realistic budgets. It is also used to track costs during the project and make adjustments as needed to keep the project on the right path. Knowing how to estimate costs also opens up professional opportunities in construction consulting, where experts assess and advise on cost-effective strategies for large-scale developments, renovations, and infrastructure projects.

Outside of professional opportunities, construction estimating skills can be incredibly useful as a homeowner. When planning do-it-yourself home improvement projects, you can use your estimating skills to get a better idea of material costs and prevent overspending. It also comes in handy when budgeting for personal renovation projects such as adding a new room or remodeling a bathroom. Regardless of whether you choose to hire someone or do it yourself, you will understand the methods behind estimating and know when you are overpaying or getting taken advantage of when negotiating quotes. It is a skill that helps individuals make informed decisions and stay within budget, even for personal projects.

What Tools and Skills Will You Need to Learn Construction Estimating

To learn construction estimating, you will need a few foundational skills. First, basic math is needed, including a solid understanding of measurements, conversations, and calculations. You will need to determine quantities of materials, labor costs, and overall project expenses, which can be done through basic arithmetic and geometry.

Another important skill is the ability to understand blueprints and construction documents. These give you a more detailed overview of the project, including its scope, purpose, and specifications. This helps you figure out exactly what materials and labor will be required. Knowing how to read these documents and understand them in the context of the overall project is an essential part of construction estimating. 

Excel is arguably the most popular spreadsheet tool for most professionals, including Construction Estimators. It is used to track costs, organize data, and create spreadsheets for budgeting and cost analysis. Learning how to use the functions, tools, and features of Excel can make you a more dependable estimator and help you stay organized while easily calculating the estimated costs.

As you become more skilled in construction estimating, you may learn more advanced tools and methods like BIM. This software allows you to visualize the project in 3D while integrating data related to the estimated costs. This helps make the entire construction process more productive while maintaining accuracy. It’s useful for big projects, especially where the minor details are often the most important to remember.

Above all else, a great Construction Estimator will have stellar communication skills. In this position, you will work closely with Contractors, Engineers, Architects, and clients who all have different priorities and needs. Being able to clearly explain your estimates and provide alternatives when necessary is essential. Furthermore, you have to be able to ask the right questions and collaborate with others to ensure everyone is on the same page.

What Are the Benefits of Learning Construction Estimating?

Learning construction estimating can enhance your overall skill set in several ways, especially when it comes to your career prospects. Employers find construction estimating a highly desirable skill that indicates you are a well-rounded employee. You can work on and manage projects more efficiently by being able to accurately estimate costs. This also means you can be an essential player on the team and keep things on budget. In doing so, you will make more informed decisions about the resources and labor needs for each project and identify ways to save on costs without sacrificing safety or visual appeal. Plus, construction estimating gives you the tools to handle construction tasks more confidently and stay on track for a successfully completed build.

By learning construction estimating, you are also broadening your career opportunities. You can work as a Construction Estimator, but this is also a great step towards becoming a Project Manager or Construction Manager. These jobs are always in-demand, and if you want to become even more specialized, you could learn technologies and tools like AutoCAD or BIM. Knowing how to make accurate estimates for construction projects can give you a leg up in certain job applications and be the first step in finding a career that offers stability, growth, and fulfillment.

Even if you don’t plan to work in construction, having construction estimating skills can be a tremendous help when planning a home renovation or getting into do-it-yourself projects. You will be able to plan your budget and avoid overspending on materials—plus, you will have a better idea of when you are being presented with fair estimates and payment expectations. Construction estimating can also give you the skills to help out friends and family with their projects, which could even turn into a side hustle down the line. If you consider yourself handy and enjoy working with your hands, learning how to predict construction costs can make projects run smoothly and give you more project-planning abilities.

Level of Difficulty, Prerequisites, and Cost to Learn Construction Estimating

No matter how dedicated you may be to learning construction estimating, it can be a little difficult at first. This is especially true if you are a total beginner. You will need to learn blueprint reading, understand different construction materials, and figure out how to calculate costs accurately based on different factors. Doing the math can be a little taxing at times but you will likely find it easier as you continue practicing. Likewise, you will likely benefit more if you are detail-oriented and patient. It may take time to feel comfortable with the challenging parts, but once you have learned the basics, it becomes easier to complete more complex construction estimating responsibilities.

In addition, you may wonder about the cost of learning construction estimating. In truth, you need to consider your goals first and foremost. The cost of learning varies depending on what you want to get out of your training. For instance, you can enroll in a relevant college program but that will be the most expensive option, with most programs requiring tens of thousands of dollars to achieve. Next, coming in at several thousand dollars on average, certificates and bootcamps are relatively expensive but nothing compared to degree programs. Lastly, self-paced and on-demand classes may be far less expensive. However, there are also free resources online or in your local library or career centers. All in all, if you are looking for more formal training, certificate programs and bootcamps tend to be the most cost-effective while still providing job-ready skills.

Before learning construction estimating, it may be worth learning the basics of construction projects. Once you know what goes into a construction project such as blueprint reading, construction documentation, and the different kinds of building materials and equipment, it may be easier to understand the entire estimating process. You will need strong math skills, especially in areas like geometry and algebra, since you will almost always make calculations while on the job. Familiarity with certain software, like Excel, will help you organize your expenses and calculate the costs with ease. While you don’t have to have prerequisites, it helps to have relevant knowledge in certain skills to make your learning process far less daunting.

Construction Estimating Careers

With proper training, you can become a Construction Estimator. This position is responsible for calculating the total costs of a construction project, including any expenses for materials, labor, equipment, and other costs involved in the build. They will analyze blueprints, project specifications, and other documents to determine the most realistic, feasible budget. Construction Estimators often work closely with other construction professionals, like Contractors, Architects, and Engineers to ensure the project is completed as safely and as cost-effectively as possible. Indeed indicates that the average base salary for Construction Estimators in the United States is roughly $81,000. This varies greatly based on experience, location, and the company. For instance, those living in Denver can expect salaries closer to $100,000 on average and those in Atlanta earn closer to $94,000. In general, there is some variation. Furthermore, Junior Construction Estimators can expect salaries closer to $73,000 whereas Senior Construction Estimators can earn closer to $116,000.

Likewise, many Project Managers have construction estimating skills. In the construction field, they handle the budget, timeline, and tasks associated with various teams. Moreover, Construction Project Managers delegate tasks between the appropriate teams and rely heavily on the most accurate estimates to guide their decision on the project. Furthermore, they monitor the project throughout the entire lifecycle and step in when things go awry. They allocate resources, coordinate assignments, handle construction documents, and work within their set limitations. Indeed shares the average salary for a U.S.-based Project Manager is slightly over $91,000. However, it is all about location—Project Managers in Los Angeles earn averages closer to $108,000 whereas those in Charlotte can expect salaries closer to the national average. Plus, the industry you work for may greatly impact your salary. For example, Glassdoor estimates that Construction Project Managers typically earn anywhere between $82,000 and $126,000, with an average closer to $102,000.

A Construction Manager holds a similar role to a Project Manager with a larger focus on the on-site execution of the project. They also have strong estimating knowledge and manage the daily operations to ensure everything is completed safely, efficiently, and in line with the project requirements and client needs. Construction Managers will use their estimating skills to manage budgets, track costs, and adjust the necessary resources as the project progresses and needs shift. Furthermore, they work closely with Contractors and other building teams to make sure everything is going according to plan. Indeed estimates the average base salary for United States Construction Managers is $97,000. Junior-level positions can expect salaries closer to $67,000 whereas senior-level positions can earn closer to $107,000 on average. Likewise, factor in your location. Living in San Diego brings your average salary estimates up to $118,000 whereas Houston expects salaries in the $85,000 range.

Comparable Fields

Construction estimating is relatively comparable to project management as both require strong attention to detail, are tasked with managing finances, and must make regular predictions for and adjustments to the project. While they share some similarities, there are key differences in their focus. Construction estimating is specifically concerned with predicting the cost of the entire project. The goal is to develop an accurate budget and help various teams stick with that budget. On the other hand, project management, especially in the construction field, involves overseeing the entire construction process. They are essential in planning what materials will be necessary and budgeting accordingly. They work closely with Construction Estimators to ensure this part of the project goes smoothly. Essentially, estimating is just one part of the broader project management process. Regardless, there is considerable overlap between these positions, so skills in one role can be immensely beneficial if you want to shift to the other.

How to Learn Construction Estimating

There are many ways to learn construction estimating; the right one for you will depend on several key factors. For instance, live online classes are a great way to learn construction estimating if you like learning in real-time with an instructor and peers but dislike the idea of making a commute to class each week. This also applies if you live too far from a training center. Live online classes provide enough structure with class schedules, deadlines, and structured curriculum but still provide a little flexibility. If you feel confident learning when you can ask questions directly to the instructor and want an engaging environment, this could be an ideal method.

However, many people prefer or need a lot more flexibility than a live online class can offer. With self-paced training, you can go through the material at a speed that suits your needs and schedule. There is no pressure to keep up with live lessons, so you can take your time and review material as much as you need to truly absorb each concept. Not only can you learn however you see fit but you can still ask an instructor questions via discussion forums and offers for additional mentoring. If you are an incredibly busy person or just need a lot of patience, practice, and pacing to learn something effectively, self-paced training can make all the difference when learning construction estimating.

On-demand learning is another option that lets you pace yourself even further. You can access pre-recorded lectures and read through materials whenever you have time, even if it is in the evening hours after work or during the early hours on the weekends. You can watch videos, read content, and learn when it is convenient for you. It is ideal if you want to focus on certain topics and prefer to avoid a full course. On-demand courses are also perfect for those who want full flexibility and don’t mind having a lack of interaction. If you have an unpredictable schedule and prefer learning solo, on-demand classes are a good option.

Each method is better suited for different individuals. For instance, live online classes are good for people who like structure with real-time interaction. Self-paced courses work best for those who want the flexibility of learning at their own speed but still want some support. On-demand may work best for the hobbyist, current bprofessional-looking to upskill, or someone who has far too much unpredictability to enroll in a class. In the end, it is all up to you and your needs.

Learn Construction Estimating with Hands-on Training at VDCI

You can enroll in courses focused on construction estimating and relevant topics through VDCI. For instance, the 20-hour Construction Estimator Course helps you understand the purpose of estimating and become familiar with all the construction estimating tools. You will go step by step through the process required to create an estimate. Furthermore, you will learn all the necessary terminology, definitions, and units of measure. Through various projects, you will learn how to estimate labor, material, equipment, and subcontractor costs. Finally, you will learn how to fill out an estimate cover sheet. This is a fully in-depth estimator course that gives you access to necessary software, project-based training, and instructor access. By the end, you will have earned a verified digital certificate of completion to show for all your efforts.

If you want to become an even more well-rounded construction professional, you could explore the 50-hour Blueprint Reading and Construction Estimating Course Bundle. This course covers blueprint reading for residential and commercial construction projects as well as construction estimating. You will learn about the various estimate types, master quantity surveying, and develop a strong attention to detail that is fully necessary when estimating construction costs. You will also learn to read blueprints by learning from a licensed Architect. You will understand all the different symbols, the relationships between the drawings, and the need for consistency and accuracy within blueprints. All these make for a well-rounded construction education that comes with project-based studies, additional mentoring, and a verified certificate.

A big part of construction projects includes handling behind-the-scenes planning, especially if you work as a Project Manager. The 40-hour Construction Management Fundamentals Course is a great place to start if you want to kick-start your career. From handling the site logistics and fixing any issues to scheduling timelines and handling estimates, you will learn how to thrive in the construction industry. Furthermore, you will practice document management and explore the connection between design and construction as well as their key differences. This course comes with bonus training, project-based learning, and software access. You will earn a certificate of completion at the end of the course.

The Construction Fundamentals Course Bundle gives you a deep dive into the roles played by the design and construction team. You will learn more about structural systems and how they work as well as the materials and equipment needed to create the project. For instance, you will explore different equipment such as the various cranes, scrapers, dozers, and excavators that are frequently used during a build. You will even learn about different soil types and subsurface conditions to ensure the site is cleared, installed with the proper utilities, and ready for the build. Plus, you will go beyond the exterior and focus on interior elements as well such as wall types, partitions, drywall finishes, and all the options for paint, flooring, ceilings, and casework. To wrap it up, you will study MEP systems such as HVAC controls and plumbing and safety precautions like fire suppression systems. Over 70 total hours, you will learn everything needed to start your construction career on the right foot. You will have access to industry experts for assistance, one-on-one bonus training, industry-standard software, and projects rooted in realistic workplace situations. Plus, you will receive a certificate of completion.

How to Learn Construction Estimating

Develop expertise in cost estimation and budgeting for construction projects.

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