its great video adel . please make more videos on excel formulas which is most helpful for a QS or Cost Engineer

God job you!!!

Keep updating like this good information vedio , in this I learned to how to view Project ❤

Thank you

Thank you

nice.

All the best

how to enroll for this course which is procurement course

Excellent video

❤❤❤🙌🙌🙌

Thank you So much for the information

❤

You are amazing I'm so glad I found your content 🙌

Really glad, I came across your channel.

Thank you, what is the short cut for past formula ?

Secret #1 is the base of all secrets if you know how to read drawings and understands the scope of work, you can easily make other secrets feasible. Very informative video

I would like to know about estimation regarding house projects how to take quantities

Hi, Adel. Wouldn't be more didactically correct to calculate CPI by AC/EC? Once this quotient would be how efficient I use my EV. What does the 1.41 (141%) CPI actually mean? Thank you!

Alright well explained. My only question regarding lump sum contract is whether the contractor has the responsibility or not to submit the breakup of lump sum value arrived? if requested by client??

how can get find this document?

it's fron a book?

❤

You videos are so helpful. Thankyou for doing very informative videos. Expecting more.

could you tell me what's pic?

This guy is the smartest Spanish Waiter I know when you play him at .75 speed.

many thanks Sir.

مصري؟

Very helpful, thank for you

Best Engineer in the industry ❤

Keep up

There must be a verified license for every one who finish these videos

nice

Hello Mr. Ahamed, its been awhile since we receive update on your channel . We hope everything is ok?

Can you upload the excel spreadsheet?

hi sir can we get a link to market rates system of saudia arabia or dubai

❤

Great 👍

I can't see what you're clicking on the keyboard :(

Thank you for the informative videos.

Anyone could you please explain how to find work done in percentage? What is the formula?

Dear sir please provide your excel sheet in the link

IMPRESSIVE - super useful and practical. Very much THANKS 💖💖💖

TLDR: Cost estimation in construction involves understanding overall project costs, using historical data and physical units, and factoring in various elements such as labor, materials, equipment, and overhead costs to arrive at accurate estimates. 00:00 🏗 Cost estimation in construction involves understanding overall project costs, using historical data and physical units, with conceptual and definitive methods for accuracy. 06:29 💰 Cost estimation in construction involves calculating the cost per hour and per day for labor, factoring in various elements such as basic salary, accommodation, and productivity. 11:29 🏗 Cost estimation in construction involves calculating the cost per unit for manpower and materials, including allowances for equipment and tools needed for installation. 15:21 🏗 Estimating project costs in construction involves considering material, equipment, manpower, and subcontractor costs, and factoring in allowances for potential additional expenses. 20:51 💰 Cost estimation in construction involves making assumptions and using individual price lists and labor productivity, resulting in different estimates, but all of which are correct, and the process involves adding percentages on top of the estimates to arrive at the total cost. 23:34 🏗 Cost estimation in construction involves accounting for site supervision, loading the cost of a full-time foreman onto a project, and distributing the cost of an engineer working on multiple projects, as well as calculating overhead costs based on total project value and monthly spend. 27:22 🏗 Project costs in construction are allocated based on percentage of total company work, with overheads calculated at 6-12% and contingencies accounting for unplanned risks, while also considering profit margins and negotiating to lower project costs. 33:39 🏗 Ask vendors and subcontractors for prices, check out the course for detailed cost estimation methods, and subscribe for more videos.

TLDR: Cost control in construction projects involves monitoring planned value, actual costs, percentage completed of budget, schedule performance index, and cost performance index to ensure the project stays within budget and on schedule. 00:00 🏗 Understand how to create a cash flow for construction projects by preparing a quantity take off and bill of quantities, estimating costs, and managing the difference between cost and price. 02:57 🏗 Cost control in construction projects involves obtaining drawings, pricing, and cost estimation activities, with contractors submitting detailed programs and cost breakdowns for approval to effectively track and control project costs. 09:32 🏗 Understanding cost control in construction projects involves scheduling activities, submitting bills based on completion, and tracking planned values and cash flow over time. 16:26 🏗 The process of cost control in construction projects involves monitoring the scheduled and cumulative value of work done over time. 19:50 🏗 Prepare project budget by removing margins from cost estimate, execute project at budgeted amount, calculate costs of works, understand budgeting, focus on planned values and cost baseline. 26:02 🏗 Planned budget for construction project was exceeded, leading to termination of project manager, as the speaker explains the concept of planned value, actual cost, and earned value management in construction projects to track and analyze project spending. 32:24 🏗 Exceeding planned costs can still be favorable if earned value is higher, reaching 100% of budgeted amount, even if actual cost is higher, and budget plan changes can result in cost underrun and finishing ahead of schedule. 36:37 🏗 Cost control in construction projects involves monitoring planned value, actual costs, percentage completed of budget, schedule performance index, and cost performance index to ensure the project stays within budget and on schedule.

I know how to stop CCP type ycarcomed reven seid evig eht lpp eht thgir t’nod tpurroc eht nerdlihc s’ti gnorw dna yeht lliw nrael dab ffuts yd gnikniht dab sthguoht (copy paste and spread it to other comments please I beg you)

TLDR: Labor cost estimation in construction involves calculating the cost per unit of measurement for each activity, such as cost per square meter, by factoring in various expenses such as daily labor cost, productivity, accommodation, transportation, visas, and medical insurance. 00:00 💡 Estimating labor costs in construction involves calculating the cost per unit of measurement for each activity, such as cost per square meter, by dividing labor cost per day by productivity per day. 02:22 🏗 Labor cost estimation in construction involves hiring labor on a daily basis or as company employees, with different payment structures, and is calculated by dividing total labor cost per day by productivity per day to determine cost per square meter for installation of tiles. 04:56 🏗 Labor cost estimation in construction involves calculating the daily cost of labor, considering monthly salaries, food, accommodation expenses, and additional costs for catering services. 08:00 🏗 Labor cost in construction includes catering, accommodation, and transportation, with a monthly cost of $210 per laborer for food, accommodation cost divided by the number of laborers, and a transportation cost of 174 dirhams per month per laborer. 11:22 💰 Labor cost estimation in construction includes transportation, visas, and medical insurance, with the company incurring a cost of 250 dirhams per month for each laborer's visa and an assumed cost of 800 dirhams per year for medical insurance. 14:17 💡 Labor cost estimation in construction involves factoring in annual paid leave and gathering information in a table to calculate the total cost of labor per month. 17:13 💡 Hiring labor as employees ensures consistent productivity and is a better approach in the long run, and labor cost estimation in construction is calculated by dividing the cost per day by the number of working hours per day to get the cost per hour. 19:43 🏗 Understand the difference between hiring labor and using your own, and factor that into your cost estimation for construction.

TLDR: Equipment cost estimation in construction projects involves factoring in various annual costs and considering the time value of money for future resale, in order to determine the total cost of equipment and make informed decisions about acquiring and using it. 00:00 💰 Equipment cost estimation includes purchase price and annual cost per year, which can be calculated by dividing the loss of money over the years by the number of years. 01:33 💰 Equipment cost estimation in construction projects includes factoring in operator cost, fuel cost, and service/maintenance costs per year. 03:01 💡 Equipment costs in construction projects include maintenance, insurance, and company overhead, with total annual costs including equipment, operator, fuel, service, and miscellaneous expenses. 04:38 💰 The total cost of equipment in a construction project is determined by the annual cost and the productivity of the machine. 06:02 💡 The excavation rate for the excavator is 1.65 dirhams per cubic meter, not accounting for loading or disposal costs. 07:09 🚜 Excavation subcontractors need to ensure constant work for their equipment, while main contractors should carefully consider the need for equipment before acquiring it. 08:24 💰 Calculate the cost of equipment in construction based on annual cost and usage, and consider the time value of money for future resale. 09:33 🏗 Pay close attention to the time value of money, especially in high inflation countries, but in low inflation countries like where I am, it will not affect calculations much.

Thank you waiting for the next video

hi how to buy?

TLDR: The video demonstrates how to create a construction cost estimation format in Excel by breaking down rates into four categories and adding 10 columns, and then calculating the total cost for construction projects using a detailed breakdown of materials, equipment, and manpower. 00:00 🔨 Learn how to create a construction cost estimation format in Excel by breaking down rates into four categories and adding 10 columns. 02:26 🔧 Adjust borders and lines in Excel to create a construction cost estimation format for projects. 03:35 💡 Copy and paste rates and amounts for materials, equipment, manpower, and subcontractors to calculate total cost. 05:18 💡 Start estimating the cost by calculating the total amount for each cost element and linking cells to other tabs for material, labor, and activity costs. 06:51 🏗 Learn how to calculate construction costs for concrete and steel reinforcement in Excel using formulas and adjusting rates for different project elements. 09:18 💰 Calculate material and equipment costs for construction projects in Excel using the price per ton and dividing by 1000. 10:26 💡 Calculate the total cost for construction projects using a detailed breakdown of materials, equipment, and manpower. 12:03 💰 Add 15% margin to the total cost rate, hide the details, and print as a PDF for submission as the priced BOQ.