Construction Cost Analysis and Estimating

Prentice Hall
Phillip F. Ostwald  
Total pages
May 2000
Related Titles


Product Price CHF Available  
Construction Cost Analysis and Estimating
214.30 approx. 7-9 days


For an undergraduate/graduate course in Construction Cost Analysis and Estimating offered in civil engineering, civil engineering technology, architectural engineering, and construction management programs.

Providing the very latest principles and techniques for the evaluation of construction design, this thorough guide emphasizes the importance of building strong analysis skills before proceeding to a study on estimation, and presents students with a balanced and cohesive study of the these two areas. It begins with four chapters devoted to analysis of labor, material, accounting, and forecasting, then systematically segues into the area of estimating, with in-depth discussions on how it applies to methods, work, and projects. Appropriate for a variety of teaching situations and approaches-as well as different student academic levels and backgrounds-it contains a great number of practical exercises and problems throughout to give students opportunities to absorb concepts and hone their skills, plus adds interest and insight with realistic, open-ended case studies found in every chapter. Internet exercises are provided.


  • The latest features and principles of construction cost analysis.
    • Gives students a solid foundation in the fundamentals of construction analysis and informs them of the newest developments in the field. Ex.___

  • New models and techniques for cost estimating.
    • Keeps students up-to-date with current industry practices. Ex.___

  • Statistics for cost analysis.
    • Presents students with a substantial treatment of statistics. Ex.___

  • Construction work and projects considered separately-Concentrates on the needs of owners and contractors.
    • Teaches bid elements and work breakdown structure. Ex.___

  • General cost analysis and bidding strategies for construction-Covers bidding, estimate assurance, engineering economy, benefit cost, and life cycle.
    • Considers principles for construction tradeoffs. Ex.___

  • Minimal math requirement-Limits math to algebra and introductory calculus.
    • Allows students to concentrate more freely and fully on the topic at hand, without being bogged down with difficult mathematical concepts. Ex.___

  • Solid pedagogy-Integrates an extensive array of exercises, qualitative questions, and basic and more advanced problems.
    • Enriches and reinforces students learning endeavor, and helps them build skills they will use on an everyday basis. Ex.___

  • Practical applications-Encourages field trips and communication through the Internet; found at the end of each chapter.
    • Takes students beyond books, libraries, and the classroom and introduces them to experiences in the real world. Ex.___

  • Case studies-Concludes each chapter with an open-ended case study that may have several solutions (e.g., “Highway Construction,” “Chemical Process Plant,” “Market Basket Index for Groceries,” “Estimating a Small Design,” “High Voltage Transmission Line Project,” and more).
    • Actively engages students in realistic scenarios, and helps them apply their critical thinking skills to devise the best solution possible for a given situation. Ex.___

Table of Contents

 1. Importance.

 2. Labor Productivity and Analysis.

 3. Material Resources and Analysis.

 4. Accounting Analysis.

 5. Forecasting.

 6. Estimating Methods.

 7. Work Estimating.

 8. Project Estimating.

 9. Bid Assurance.

10. Cost Analysis.

11. Contracts and Ethics.

Picture Lessons.

Appendix: Standard Normal and t Distributions.

Appendix: 10% and 20% Tables of Interest.


Selected Answers.


Instructor Resources