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Professional training course · CM-022

Construction Cost Estimating

Accurate cost estimates are the foundation of construction budgets, bids and investment decisions. Estimating errors can turn profitable projects into losses. This LLMI…

  • 5 daysClassroom
  • 13Upcoming dates
  • 5Cities
  • £3,850Fees from
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Construction Cost Estimating
Next classroom session London 14 - 18 Dec 2026 · £4,200 Also available Barcelona 18 - 22 Jan 2027 · £3,850

Course overview

Why Attend

Accurate cost estimates are the foundation of construction budgets, bids and investment decisions. Estimating errors can turn profitable projects into losses.

This LLMI course covers estimate types and accuracy, quantity take-off, unit rate build-up, labour, plant and materials pricing, indirect costs, risk and contingency, escalation, estimating software and bid preparation. Participants prepare an estimate for a case project.

Course Objectives

Explain estimate types and accuracy

Perform quantity take-off

Build unit rates for labour, plant and materials

Estimate indirect costs and overheads

Apply risk, contingency and escalation

Prepare bids and estimate reports

Target Audience

Cost estimators

Quantity surveyors

Construction managers

Project engineers

Bid managers

Contractors

Course Methodology

Practical estimating exercises

Case project

Spreadsheet tools

Group reviews

Discussions

Course outline

  1. 1Day 1: Estimating Fundamentals
    • Estimate types
    • Accuracy
    • Estimating process
    • Data sources
    • Exercise: Estimate classification
  2. 2Day 2: Quantities
    • Take-off methods
    • Measurement rules
    • Digital take-off
    • Checking
    • Lab: Quantity take-off
  3. 3Day 3: Unit Rates
    • Labour rates
    • Plant costs
    • Materials
    • Productivity
    • Lab: Rate build-up
  4. 4Day 4: Indirects and Risk
    • Site overheads
    • Preliminaries
    • Contingency
    • Escalation
    • Exercise: Risk allowance
  5. 5Day 5: Bids and Reports
    • Bid strategy
    • Estimate review
    • Reports
    • Lessons learned
    • Capstone: Project estimate

Schedule

Dates and fees

13 upcoming dates in 5 cities. Fees are per delegate; bring colleagues and every seat is discounted.

All dates as PDF
December 2026
14DEC 14 - 18 Dec 2026Mon to Fri · 5 daysNext sessionOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
Register
January 2027
18JAN 18 - 22 Jan 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
Register
February 2027
15FEB 15 - 19 Feb 2027Mon to Fri · 5 days
Italy flag RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
Register
March 2027
15MAR 15 - 19 Mar 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
Register
April 2027
19APR 19 - 23 Apr 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
May 2027
17MAY 17 - 21 May 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
Register
June 2027
21JUN 21 - 25 Jun 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
July 2027
19JUL 19 - 23 Jul 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
Register
August 2027
16AUG 16 - 20 Aug 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
Register
September 2027
20SEP 20 - 24 Sep 2027Mon to Fri · 5 days
Italy flag RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
Register
October 2027
18OCT 18 - 22 Oct 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
Register
November 2027
15NOV 15 - 19 Nov 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
December 2027
20DEC 20 - 24 Dec 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
Register

Questions

Frequently asked questions

How long is the Construction Cost Estimating course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Construction Cost Estimating course?

The next public date is 14 - 18 Dec 2026 in London. There are 13 upcoming dates in total.

Where is this course held?

Upcoming sessions run in London, Barcelona, Rome, Munich, Amsterdam.

How much does the course cost?

Fees start from £3,850 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

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