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Construction Estimating - Construction Cost Analysis and Estimating

Construction Cost Analysis and Estimating

Construction Cost Analysis and Estimating
By Phillip F. Ostwald

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Book Description

The most current guide of its kind on the market, this essential book for today's construction managers and engineers provides the latest principles and techniques for the evaluation of construction design by presenting a balanced and cohesive study of construction cost analysis and estimation. Begins with four chapters on the analysis of labor, material, accounting, and forecasting—then systematically segues into the area of estimating, with in-depth discussions on how it applies to methods, work, and projects. Covers statistics for cost analysis, general cost analysis and bidding strategies for construction (i.e., bidding, estimate insurance, engineering economy, benefit cost, and life cycle), and the newest models and techniques for cost estimating. “Practical Applications” encourage field trips and communication through the internet, and a variety of interesting open-ended case studies actively engage readers in realistic scenarios and help develop critical thinking skills. Integrates an extensive array of exercises, qualitative questions, and problems, and limits math to algebra and introductory calculus. For professionals in construction, civil and environmental engineering, and architecture.


Book Details

  • Amazon Sales Rank: #1522149 in Books
  • Published on: 2000-06-04
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.90" h x 1.20" w x 8.00" l, 2.15 pounds
  • Binding: Paperback
  • 462 pages

Editorial Reviews

From the Inside Flap
Preface This first edition of Construction Cost Analysis and Estimating provides the latest principles and techniques for the evaluation of construction design. It is not a book about estimating only. Analysis and estimating must abide together, and the one must precede the other. It is this emphasis that makes this text different. The book begins with four chapters devoted to analysis of labor, material, accounting, and forecasting. Then estimating is developed, and methods, work, and project chapters are given. An owner or contractor is concerned with bid assurance, analysis, and contracts and ethics, and these chapters are provided. This book organization develops the principles in a systematic way. With the increasing importance of design over rote skills in contemporary construction courses, this text can be used for a variety of teaching situations: for lecture only, for lecture with a laboratory menu, or with professional mentoring with business, and with developed field trips. Courses that couple to on-line live or delayed video instruction can use this text, as the author has personal experience with these delivery modes. Further, lifelong learning programs for the professional in either formal or informal settings can use the text. Academic requirements for this book/course may vary, and we believe that the text is suitable for a number of teaching approaches. It has been written to appeal to engineering/technology/construction management settings. The student needs a mathematical maturity of algebra and introductory calculus. The instructor will notice internet requirements that search for information and apply it in practical contexts. We provide internet addresses for numerous assignments. (Regrettably, these addresses may change from time to time.) In the interactive environment of teaching, this book is a part of modern courseware. Word-processing and spreadsheet skills are assumed, and some CAD ability is always helpful. It would seem that the student must have access to a computer, and system requirements would be typical of more advanced personal or Pentium computers. Various academic levels and backgrounds are appropriate, and the instructor find this text suitable to a variety of teaching styles. The author attempts to rove the instructor in the leadership of many exercises, calling on you, the instructor, to localize the assignments to your construction needs. The book has more material than can be covered in one semester or quarter and thus chapters and sections can be selected to meet the objectives of each c1« Chapter order can be adjusted. If the students already have an understanding of statistics, then Chapter 5 material can be excluded, for example. Other sections can dropped, depending on student preparation and course objectives. Some sections u identified as "Optional," allowing instructor selection. The instructor will find that the text is versatile. This text has a range of difficulty for Questions, Problems, More Difficult Problems, Practical Applications, and Case Studies. Throughout the text, the author has tempted to give the instructor opportunity for outcomes evaluation of student woe with these many exercises. There are 124 Questions in the eleven chapters. They are qualitative and require back-reading and a response of a few sentences for a thoughtful reply. We stress construction as a design activity; therefore, the 237 Problems and 48 More Difficult Problems request computations or sketches. Whenever the student is asked to prepare open-ended designs, much learning occurs. The Problems have levels of difficulty. We want the Problems and the More Difficult Problems to be tractable, either with calculator or spreadsheet, where the emphasis is on teaching concepts. It is no our desire to cause excessive computation, which is so prevalent in construction problems. Thus, this text ignores software encyclopedias that are found in construction for estimating designs. Those software applications restrict the learning of principles. Nor do we give much attention to the minutia of extensive take-off practices, as those temporal trade details can be learned on the job, if necessary. There is an end-of-chapter addition, which we call Practical Application. The purpose of the Practical Application is to uncouple the student from books, libraries. and the classroom. As will be seen throughout the book, Practical Applications introduce the student to experiences in the real world. For example, they encourage; field trips and communication through the internet to engineers, technologists, and other construction professionals. The instructor will appreciate this experiential approach, allowing him or her to use Practical Applications in exciting ways. The end-of-chapter Case Studies are open ended, perhaps having several solutions. Students are often disturbed by this peculiarity, but instructors recognize that construction courses are unlike calculus courses with their singularity of answer. The book contains Picture Lessons—they describe important historical contributions of civil engineering and construction. It is important that students have an appreciation of the grand heritage of our profession. For the instructor, a comprehensive Solutions Manual is available. This manual can be requested from the Prentice Hall college representative or from Prentice Hall directly. The author is grateful to many people. Their advice and information have made this a much better text. In writing a book of this magnitude, the author is aware that friends and colleagues are hidden but very important advisers. I am indebted to the following: Don Boyle, Boulder, CO; James E. Diekmann, Anthony Songer, Klaus Timmerhaus, and Paul Zoller of the University of Colorado, Boulder, CO; Rodney Ehlers, Boulder, CO; Marty Geist, Boulder, CO; John Heitkamp, Richardson Engineering Services, Inc., Mesa, AZ; Laurence D. Jacobs, Craftsman Book Company, Carlsbad, CA; John Ferguson, RS Means Corporation, Kingston, MA; Anthony Mason, California Polytechnic State University, San Luis Obispo, CA; Liang Y. Lui, University of Illinois, Urbana, IL; Barry McMillan and Christian Heller of the American Association of Cost Engineers, Morgantown, WV; Ruby Ostwald, Bowling Green, KY; Ted Plank, Boulder County Road Department, Longmont, CO; Wayne Shelton, International Brotherhood of Electrical Workers, Broomfield, CO; Neil Wagner, Thermopolis, WY; and Natalie Soulier Webster, American Society of Civil Engineers, Washington, D.C. Finally, it needs to be mentioned that I am sincerely grateful to Irwin Zucker of Prentice Hall, who has attentively improved this book in numerous ways. The names used in the examples and Case Studies are of real people, and they are mentioned because of my sincere regard for their contribution and friendship.Phillip F. Ostwald
Boulder, Colorado

From the Back Cover
The most current guide of its kind on the market, this essential book for today's construction managers and engineers provides the latest principles and techniques for the evaluation of construction design by presenting a balanced and cohesive study of construction cost analysis and estimation. Begins with four chapters on the analysis of labor, material, accounting, and forecasting—then systematically segues into the area of estimating, with in-depth discussions on how it applies to methods, work, and projects. Covers statistics for cost analysis, general cost analysis and bidding strategies for construction (i.e., bidding, estimate insurance, engineering economy, benefit cost, and life cycle), and the newest models and techniques for cost estimating. “Practical Applications” encourage field trips and communication through the internet, and a variety of interesting open-ended case studies actively engage readers in realistic scenarios and help develop critical thinking skills. Integrates an extensive array of exercises, qualitative questions, and problems, and limits math to algebra and introductory calculus. For professionals in construction, civil and environmental engineering, and architecture.

Excerpt. © Reprinted by permission. All rights reserved.

Preface

This first edition of Construction Cost Analysis and Estimating provides the latest principles and techniques for the evaluation of construction design. It is not a book about estimating only. Analysis and estimating must abide together, and the one must precede the other. It is this emphasis that makes this text different.

The book begins with four chapters devoted to analysis of labor, material, accounting, and forecasting. Then estimating is developed, and methods, work, and project chapters are given. An owner or contractor is concerned with bid assurance, analysis, and contracts and ethics, and these chapters are provided. This book organization develops the principles in a systematic way.

With the increasing importance of design over rote skills in contemporary construction courses, this text can be used for a variety of teaching situations: for lecture only, for lecture with a laboratory menu, or with professional mentoring with business, and with developed field trips. Courses that couple to on-line live or delayed video instruction can use this text, as the author has personal experience with these delivery modes. Further, lifelong learning programs for the professional in either formal or informal settings can use the text.

Academic requirements for this book/course may vary, and we believe that the text is suitable for a number of teaching approaches. It has been written to appeal to engineering/technology/construction management settings. The student needs a mathematical maturity of algebra and introductory calculus.

The instructor will notice internet requirements that search for information and apply it in practical contexts. We provide internet addresses for numerous assignments. (Regrettably, these addresses may change from time to time.) In the interactive environment of teaching, this book is a part of modern courseware. Word-processing and spreadsheet skills are assumed, and some CAD ability is always helpful. It would seem that the student must have access to a computer, and system requirements would be typical of more advanced personal or Pentium computers.

Various academic levels and backgrounds are appropriate, and the instructor find this text suitable to a variety of teaching styles. The author attempts to rove the instructor in the leadership of many exercises, calling on you, the instructor, to localize the assignments to your construction needs.

The book has more material than can be covered in one semester or quarter and thus chapters and sections can be selected to meet the objectives of each c1« Chapter order can be adjusted. If the students already have an understanding of statistics, then Chapter 5 material can be excluded, for example. Other sections can dropped, depending on student preparation and course objectives. Some sections u identified as "Optional," allowing instructor selection. The instructor will find that the text is versatile.

This text has a range of difficulty for Questions, Problems, More Difficult Problems, Practical Applications, and Case Studies. Throughout the text, the author has tempted to give the instructor opportunity for outcomes evaluation of student woe with these many exercises.

There are 124 Questions in the eleven chapters. They are qualitative and require back-reading and a response of a few sentences for a thoughtful reply.

We stress construction as a design activity; therefore, the 237 Problems and 48 More Difficult Problems request computations or sketches. Whenever the student is asked to prepare open-ended designs, much learning occurs. The Problems have levels of difficulty.

We want the Problems and the More Difficult Problems to be tractable, either with calculator or spreadsheet, where the emphasis is on teaching concepts. It is no our desire to cause excessive computation, which is so prevalent in construction problems. Thus, this text ignores software encyclopedias that are found in construction for estimating designs. Those software applications restrict the learning of principles. Nor do we give much attention to the minutia of extensive take-off practices, as those temporal trade details can be learned on the job, if necessary.

There is an end-of-chapter addition, which we call Practical Application. The purpose of the Practical Application is to uncouple the student from books, libraries. and the classroom. As will be seen throughout the book, Practical Applications introduce the student to experiences in the real world. For example, they encourage; field trips and communication through the internet to engineers, technologists, and other construction professionals. The instructor will appreciate this experiential approach, allowing him or her to use Practical Applications in exciting ways.

The end-of-chapter Case Studies are open ended, perhaps having several solutions. Students are often disturbed by this peculiarity, but instructors recognize that construction courses are unlike calculus courses with their singularity of answer.

The book contains Picture Lessons—they describe important historical contributions of civil engineering and construction. It is important that students have an appreciation of the grand heritage of our profession.

For the instructor, a comprehensive Solutions Manual is available. This manual can be requested from the Prentice Hall college representative or from Prentice Hall directly.

The author is grateful to many people. Their advice and information have made this a much better text. In writing a book of this magnitude, the author is aware that friends and colleagues are hidden but very important advisers. I am indebted to the following: Don Boyle, Boulder, CO; James E. Diekmann, Anthony Songer, Klaus Timmerhaus, and Paul Zoller of the University of Colorado, Boulder, CO; Rodney Ehlers, Boulder, CO; Marty Geist, Boulder, CO; John Heitkamp, Richardson Engineering Services, Inc., Mesa, AZ; Laurence D. Jacobs, Craftsman Book Company, Carlsbad, CA; John Ferguson, RS Means Corporation, Kingston, MA; Anthony Mason, California Polytechnic State University, San Luis Obispo, CA; Liang Y. Lui, University of Illinois, Urbana, IL; Barry McMillan and Christian Heller of the American Association of Cost Engineers, Morgantown, WV; Ruby Ostwald, Bowling Green, KY; Ted Plank, Boulder County Road Department, Longmont, CO; Wayne Shelton, International Brotherhood of Electrical Workers, Broomfield, CO; Neil Wagner, Thermopolis, WY; and Natalie Soulier Webster, American Society of Civil Engineers, Washington, D.C.

Finally, it needs to be mentioned that I am sincerely grateful to Irwin Zucker of Prentice Hall, who has attentively improved this book in numerous ways.

The names used in the examples and Case Studies are of real people, and they are mentioned because of my sincere regard for their contribution and friendship.

Phillip F. Ostwald
Boulder, Colorado


Customer Reviews

Most helpful customer reviews

0 of 0 people found the following review helpful.
3but better than PDFs from professor
By JennyBFan
Used book, but better than PDFs from professor. Worked well enough. Problems with the examples are like the other posts. I even had to help the Ph.D. candidate TA with getting the correct answers to the problem. Three stars because it was a required textbook, and better than the PDFs we had to try to read.

0 of 0 people found the following review helpful.
1Terrible Textbook! Why is it used by any intelligent instructor????
By David Y.
Probably the worst textbook I have ever encountered. Likes to use lots of complex formulas, without sufficient explanations, that most estimators will never encounter in real life. The chapters are poorly organized, and the chapter problems may or may not have anything to do with anything discussed in the chapter. In one chapter, Ostwald refers to a table in the appendix, "explaining" how/why to calculate the x axis, but never explains what the y axis is, or even how they come up with the answer given in the example. The book is full of incomplete sentences, typos, and grammatical errors - to have been written by an educator, it is desperate need of a professional editor. Thankfully, I am done with it!

0 of 0 people found the following review helpful.
1The worst book in the world
By Miguel
I cannot believe I'm paid $160 for a paperback book. Even if the book was a hard copy I would not pay ten bucks for it. But let's talk about the book content now. Every chapter is so irrelevant, so outdated, and you have to search the internet to find the knowledge gaps that the author leaves. Also the book doesn't include examples that could complement the theory and the problems of each chapter, just hold on, this is incredible,the chapter problems are the most ackward, rare,irrelevant, clumsy that I ever seen. Oh, and you don't get to see at the end of the book the answers to the problems, so you will never know if you got it right. Honestly, I feel I've been robbed, the first days with this book I thought this was a joke or that someone made a mistake and printed other thing.

I've seen a lot of bad books in my career but this one is by far the worst. Avoid this book as long as you can and find other more well versed books.

See all 6 customer reviews...
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