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TH103 - Estimate Accurate Job Costs -Know Your Labor, Equipment, Overhead, & Profit

Thursday, January 23 from 1:30 PM to 3:00 PM | Room N259, North Hall, Las Vegas Convention Center « Back

Every successful construction business owner understands that making a profit starts with knowing your numbers, estimating accurate job costs, and using the right overhead and profit markup. In this practical session, learn how to calculate your actual job costs, labor rates, equipment costs, crew rates, overhead-and profit markup. Topics of discussion include the 12-step formula to always make a profit, how to calculate your fixed overhead cost, and develop a standardized estimating bid template with total job cost, general conditions and variable markup.

  1. Estimate accurate job costs, labor, equipment and crew rates
  2. Use standard job cost estimating templates to develop accurate estimates and bids
  3. Discuss the 12-step formula to always make a profit
  4. Discover how to calculate your job costs, general conditions, overhead and profit markup

NOTE: Participants are encouraged to bring a calculator.

Credits: 1.5 hours AIA/CES LU, PDH, MCAA

Education Tracks: Business Finance & Money Matters

Event Type: WOC 90-Minute Seminars > Session


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