Overview

This two-day facilitator-led course is designed to ensure successful procurement by accurately estimating, costing, and pricing tenders. Candidates will receive a comprehensive training manual that will serve as a reference manual and will participate in various practical activities to help them apply their theoretical training in practice.

Why Should an Individual Attend?

Participation in an interactive workshop

• Learn from a recognised expert with cross industry experience
• Comprehensive course documentation
• CPD credits (ECSA)
• CPD hours - Category A Core (SACPCMP)

Outcomes

By attending this course, you will learn about:

• Measurements
• Estimation of quantities
• Costing
• Pricing of tenders
• Cash flow and cost management
• Various facets of estimating and pricing with practical aspects highlighted

Program Outline

INTRODUCTION

• Definitions, importance and uses of estimating, costing, and pricing
• Competitive bidding in action
• Definitions

CONTEXTUAL FRAMEWORK

• Role-players
• Standards, uniformity, types, and forms of contracts
• Pricing and contracting strategies
• Available software

GENERAL PRINCIPLES

• Establishment, P&G, securities, insurances and escalation
• Pricing data and standard units
• Schedule of quantities (BOQ)

MEASUREMENT

• Field investigation
• Units and rules of measurement
• Coding, numbering, and the preparation of the SoQ

QUANTITY ESTIMATING

• Types of estimating
• Accuracy of the estimation
• Using the Schedule of Quantities
• Dayworks and common pitfalls

CLIENT COSTING

• Change management
• Accuracy of costing
• Fixed, variable, direct, and indirect costs
• Hidden costs and contingencies

TENDERER PRICING

• Site visits and investigation
• Keeping records and collecting information
• Production determination, profits, and mark-up
• Time calculation VS client requirement

CONTRACT COMPLETION

• Recording of information
• Cash flow, S-curves, and cost management

Who Should Attend?

• Supply chain practitioners
• Quantity surveyors
• Consulting engineers
• Contractors
• Clients
• Candidate engineers, technologists, and technicians
• Senior engineers in the civil construction industry