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Instruction

12590

Through an exclusive agreement with UC Davis Continuing & Professional Education, our team of professionals has created the world's only Advanced Studies in Advanced Estimating and Integrated Cost Management (AEiCM) program.

Advanced Studies Program

12613

Offered Exclusively through UC Davis Continuing & Professional Education.

Bring Proven Innovation to Estimating and Cost Management

Learn how the U.S.’s most forward-thinking construction companies are using “Active Estimating™ and integrated Cost Management” (AEiCM) —an innovative approach to cost management in preconstruction and during construction—to deliver projects on time and on budget with an astonishing degree of predictability.

Revolutionize Your Approach to Cost Management

Active Estimating integrates the latest construction management approach—Lean Construction, Target Value Delivery and technology-cloud computing, Building Information Modeling, machine learning and artificial intelligence—into cost management, giving you the ability to mitigate cost overruns, manage delays and minimize uncertainty.

Proven Impact

The world’s most innovative builders use Active Estimating right now to accurately predict costs and manage timelines

Game-Changing Technology

Integrate cloud computing, building information modeling and machine learning into cost management

Industry-Proven, Academically Enhanced

Market-driven best practices that are refined and formalized at UC Davis.

Courses

Advanced Studies in Active Estimating™ & Integrated Cost Management

• Team dynamics and the role of the estimator • The estimator’s interactions with the owner and design team that promotes collaboration and cost certainty • Identifying an estimator’s differentiator in the marketplace • Behavioral and estimating philosophies and why it matters • Active estimating vs traditional estimating in complex projects • Visual and conceptual estimating methodologies • Target Value Design and Construction
• Risk perception and its connection to behavioral /stylistic approaches • Probabilities and cause and effect analysis • Statistics and trends considerations and cost probabilities • Utilization of the BIM processes that align with estimating tradition • Value Opportunity and Risk Option Analysis Management • Analytics and predictive strategies and processes • Target Value Design and Construction (Part 2)
• Presentation of an estimate and managing the process of cost (full cycle) • Strategic estimating concepts in early design that reflect the voice of the customer • Spreadsheet strategy, summaries and format methodologies • The estimator’s interactions with the owner and design team that promotes collaboration and cost certainty • Cost Management from project Validation through Design, construction to Operation phases
• Technologies that are fundamentally changing the design and construction practices (Parametric design, computational design, digitalization, cloud computing, Internet of Things (IoT), big data analytics, machine learning, and artificial intelligent) • Utilization of BIM for quantity takeoff, estimating, scheduling, bidding, risk reviewing, quantity and cost management. • Rapid cost feedbacks to design: Lab on model-based QTO and estimating • Defining a new set of skills, capability, and knowledge for the next generation of estimating professional
• Project delivery systems with a focus on Design & Build and IPD • Trends in project delivery that requires increased roles and responsibilities of project participants (Integrated Project Delivery (IPD), Public-Private Partnership (PPP), Vertical Supply Chain Integration (Design-Fabricate-Build-Operate), Building as a Service (BaaS) • Target Value Delivery tools and processes • Pre-con and Trade design-assist that integrate contractor means and method to design.
Provide students with a holistic approach and application practice of continuous improvements aimed at minimizing costs and maximizing value on a construction project • Variation in Production Systems • Pull Planning • Lean Work structuring • The Last Planner System for planning and control • Lean Supply Chain and Assembly • Lean design and Pre-Construction • Problem-Solving Principles and Tools
Compile observations and findings in a final report and present them to a panel for feedback and evaluation. • Tie all courses together on a hand-on semester long assignment. • Group project: perform alternatives analysis, apply engineering methodologies, perform conceptual estimate, detailed estimate, and communicate through drawing, modeling using BIM. • Each group will plan and execute the design of their subsystem, perform active estimating and integrated cost management, exercise lean processes such as Last Planner Systems