Taking Risk into Account when Estimating
This course provides an overview of the best strategies for taking risks into account when estimating costs for construction projects.
Learning Objectives:
Understand what is risk and where you might have to figure it into a project estimate
Learn ways to mitigate risks when estimating
Learn how to think out of the box to mitigate risks
Understand the difference between general and line-item contingency
Presenter:
Lewis Finkel, F.C.P.E., President, Professional Construction Services, Inc.
Lewis Finkel, F.C.P.E. is a Certified Professional Estimator with over 40 years construction experience. Prior to founding Professional Construction Services, Inc. he served with three General Contractors, a Developer and a Design Build Contracting/Engineering firm. In 1970, Mr. Finkel graduated from Drexel University with a Bachelor of Science in Civil Engineering with a Construction Management Major.
He has estimated billions of dollars in Construction Projects and has had full responsibility for the estimates from solicitation of subcontractors through delivery of bids on bid day.
He has scheduled many projects from small residential projects through multimillion dollar projects.
He has been responsible for all construction purchasing at his various companies.
He has been responsible for designing real estate pro-formas for developing projects.
He has been responsible for site supervision on overall construction operations for condominiums, office buildings, laboratories and other buildings.
He is a member of the American Society of Professional Estimators, and is a Past National President.
He is a member of the Construction Institute of Connecticut and serves on both the Finance and Education Committees.
He teaches Estimating of Buildings and Heavy and Highway projects at Central Connecticut State University.