Webinars

Construction Project Estimating Fundamentals
A Live Half Day Phone & Web Seminar - CPE APPROVED
July 25 - 11:00 am to 12:00 pm (EDST), 1:00 pm to 4:30 pm (EDST)
Improve Your Accuracy in Estimating Construction Projects
This seminar is a three session seminar. The first session is from 11:00am to 12:00pm. The second session is from 1:00pm to 2:30pm and the third session is from 3:00pm to 4:30pm.
Click Here to Register
How This Seminar Works
  1. This live Webinar consists of two 60-minute, high quality conference calls combined with both PDF and Internet-posted slides
  2. The day before the seminar, you will be emailed a toll-free telephone number to access the audio portion of the live seminar session. The seminar's slides will be attached to the email as a PDF file, and a Website link will be provided so you can also view the same slides online if you prefer. Phone calls originating from outside of the USA and Canada will be a toll call billed to you by your telephone service provider.
  3. A few minutes before the seminar is to begin, you will call the toll-free phone number to access the audio portion of the seminar. You can follow the visual portion of the presentation by using the printed PDF files or by viewing the Internet-posted slides on your computer screen
  4. A professional moderator will manage the audio portion of the Webinar and there will be opportunity to ask questions. All participants will hear both the question and the instructor's response. After the seminar is over, further questions can be directed to the instructor via email.

One of the difficulties facing companies that want to do business with the federal government is understanding all the jargon and formats used to describe and categorize project costs and budgets.

Companies that want to be competitive need to sharply refine their project estimating techniques and often have to add extra reporting and tracking to accommodate government contracting methods.

This course provides a comprehensive review of government terminology and clearly illustrates how all the parts of the government cost review are intended to fit together. By understanding how the government views your costs you can bid smarter and win more jobs at higher margins.

Learn advanced government project estimating techniques, tools, templates, and methods that you can use to quickly improve your estimating skills so you can win more government contracts at higher margins.

Register today for this seminar and get the foundation you need to be successful. Click here to register.

What You will Learn
  1. How to break the code of how Government views costs in contracting
  2. Demystify Management Reserves and Fees in Government projects
  3. Learn to critically read and analyze the RFP for scoping
  4. Expertly perform a quantity take-off and compare to RFP quantities
  5. Get a simple format and tools to develop your cost estimates
  6. Unscramble the complex components of labor estimating and productivity
  7. Learn to develop labor cost elements in a composite wage rate
  8. Simple ways to build up material composite rates including wastes & shipping
  9. Why to use subcontractors and how to represent subcontract costs
  10. How to unwind the elements of both rented and owned equipment costs
  11. The different types of overheads and burdens and how to estimate them
  12. How and where to show and use burdens and overheads
  13. How to summarize your estimates and check them like the pros
  14. Unlocking parametric estimating factors and learning to use them
  15. The different types of government contracts and how they affect your contracting estimating considerations
Seminar Agenda
Untitled Document

Agenda - Session 1:
Overall US Government Budget
Fed Biz Ops - The Feds RFP Process and the Competitive Range
US Government Estimating and Contracting Jargon & Concepts
Work Breakdowns Structures & Takeoffs - the Schedule Connection
Basic Scoping - the RFP, SPECS, Standards, Drawings, and Requirements
Quantity Take-Offs, Counting Methods, Scaling, Volumes and Areas
Questions and Clarifications - preparing RFC or RFIs
Agenda - Session 2:
Material Cost Elements: Estimating Material Prices, Shipping, Delivery & Commitments
Labor Cost Elements: Estimating Unit Man-Hours, Installation Rates, Productivity Factors
Labor Billing Rates, Crew Makeup, and Staffing Crew Up Labor Billing Rates
Production Estimating
Owned Equipment, Rental Equipment, and Subcontracts
Agenda - Session 3:
Definitions of Overheads, Indirect Costs, Profits, & Mark Ups
The difference between Field & Job Overheads, G&A, and COM
Management Reserve, Risks, Escalation and Contingencies
Parametric Estimating, Calculating Metrics, Summarizing & Checking
How to develop your Estimating Knowledge Repository

Who Should Attend this Seminar

If you are serious about winning Government contracts you need to understand government jargon and learn how to build and display a comprehensive estimate. This seminar will benefit will benefit a wide variety of organizations in the electric power, utility, financial and energy industries, including executives, sales professionals, large and small business owners, procurement managers, technology managers, engineers, and cost accountants, as well as business area experts and business managers looking to sell complex technical systems.

Prerequisites

This fundamental level, group live seminar has no prerequisites. No advance preparation is required before the seminar.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs. View Past Seminar Attendees

Instructor

Keith Custer, PE
Keith Custer, PE has over 30 years of consulting and management experience and is an expert in project estimating, cost engineering, project scheduling, and earned value project management. Mr. Custer is a professional Electrical Engineer and has been involved in estimating technical projects ranging from Nuclear Power electric generation and control systems, landfill monitoring controls, office telephony systems, international voice and data communications systems, computer systems, custom software development, and major package software applications like Financials, CIS, HR, CRM, MMIS, PMO, and ERP in wide range of industries including electric power, insurance, financial, retail, manufacturing, health care, environmental, and customer service.

Mr. Custer has served as CIO and systems strategy planner and has operated his professional consulting, estimating, and management services company for over 20 years and has estimated, scheduled, and managed numerous technical projects and program offices including on-shore and off-shore staffing for companies such as Keane, IMRglobal, and Computer Aid Inc. Additionally, Mr. Custer has directly provided professional estimating Bechtel, SWEC, Comanco, Oracle, and Marriott as well as for numerous utilities customers such as FPL, NUSCO, MPL, Centerior, TECO, PECO, PPL, PSEG, SMUD, and GSU service.

Registration Fee and Discounts

$395 for the first attendee and $295 for the second attendee, and $195 for each attendee thereafter.

Special discounts are available for groups of 10 or more. Please call Janice Ohmura for details at (412) 521-4737.

Click Here to Register

Payment and Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club or check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane HHP · Hilton Head Island, SC 29926. Cancellations can be made up to two (2) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but full credit for one year will be given toward future seminars. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (843) 342-9945.

CPE Credits

This live group seminar is eligible for 4.5 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements. PGS telephone seminars are eligible for CPE credits only if seminar participants use the printed seminar slides - not the Internet posted slides.

PGS Energy Training is registered with GARP as an Approved Provider of continuing professional education (CPE) credits. PGS Energy Training has determined that this program qualifies for 4.5 credit hours. If you are a GARP CPE participant, please record this activity in your Credit Tracker at www.garp.org/cpe. Please inform PGS Energy Training that you are a GARP CPE participant upon seminar registration.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP’s membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpe.

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