Certification Programs

Gold Seal Certification Credits

This course allows you to earn credits towards Gold Seal Certification Program, subject to approval upon review. Keep in mind that 6 hours of learning equals 1 Gold Seal credit. You can see the course hours in the curriculum section on this page. This course is also part of our Intermediate Level Bundle, which earns you 36 credits towards the GSC Program, with a minimum passing mark requirement of 75%.

What Sets Experienced Cost Estimators Apart from Others?

They how to secure the best pricing for a construction project in a competitive environment.

  • Planning for Procurement

    A successful cost estimate requires understanding the procurement process and effective planning. Experienced cost estimators have gained this expertise through working on multiple projects, with various delivery methods.

  • Project Type and Procurement Planning

    This course teaches cost estimators how to evaluate and compare critical factors such as subcontractors, suppliers, project delivery method, self-performed work, risks, and opportunities to choose the optimal combination for each project.

  • Procurement Plan Implementation

    After developing a reliable procurement plan, the next step is implementation. Still, cost estimate development and tender closing processes are not always smooth sailing, and unforeseen challenges may occur.

A few more words...

The content is this course will pave the way to...

Develop the essential knowledge and skills necessary to become a proficient cost estimator, emphasize that cost estimating is a two-fold process that includes planning, and implementation, and that successful implementation relies on proper planning. By taking this course, you will gain a comprehensive understanding of both aspects, enabling you to develop and implement cost estimates effectively.

Course curriculum

Estimated time to complete this course: 18 hours.

    1. 2.0 Introduction to Procurement Planning

    2. 2.1 Role and Function of a Procurement Plan in Construction Projects

    3. 2.1 Role and Function of a Procurement Plan in Construction Projects - Quiz

    4. 2.2 Strategic Importance of Procurement Planning

    5. 2.2 Strategic Importance of Procurement Planning - Quiz

    6. 2.3 Project Delivery Methods and Procurement Strategies

    7. 2.3 Project Delivery Methods and Procurement Strategies - Quiz

    8. 2.4 Aligning Procurement Strategies with Contract Types

    9. 2.4 Aligning Procurement Strategies with Contract Types - Quiz

    10. 2.5 Assignment

    1. 3.0 Overview of Procurement Development Process

    2. 3.1 Selection Criteria for Suppliers and Manufacturers

    3. 3.1 Selection Criteria for Suppliers and Manufacturers - Quiz

    4. 3.2 Engaging and Managing Subcontractors

    5. 3.2 Engaging and Managing Subcontractors - Quiz

    6. 3.3 Evaluating Self-Performed Work vs. Outsourcing

    7. 3.3 Evaluating Self-Performed Work vs. Outsourcing - Quiz

    8. 3.4 Ensuring Adaptability in Procurement Plans

    9. 3.4 Ensuring Adaptability in Procurement Plans - Quiz

    10. 3.5 Incorporating Risk Management in Procurement Processes

    11. 3.5 Incorporating Risk Management in Procurement Processes - Quiz

    12. 3.6 Development Assignment: Crafting a Procurement Plan

    1. 4.1 Step-by-Step Procurement Plan Creation

    2. 4.2 Comparative Analysis: In-House vs. Subcontracted Tasks

    3. 4.3 Case Study Analysis: Procurement Plan in Action

    1. 5.1 Key Takeaways and Course Recap

    2. 5.2 Pathways for Further Development

    3. 5.3 Course Feedback and Evaluation

    4. 5.4 Completion Certificate

About this course

  • $225.00
  • 37 lessons

Collaboration is essential

The benefit of timely feedback.

Our course features a dedicated discussion section for each lesson, allowing you to ask questions, interact with other students and your instructor, and review previously answered questions. With our engaging learning community, you don't have to navigate the learning journey alone, and can have all your questions answered in a timely manner.

A word from the training program creator

Doina Dobre, P.Eng., GSC

My first cost estimating mentor taught me that a cost estimator's job is to develop the price for which the company will build the project and make a profit. This is why procurement planning, implementation, and cost estimate development are crucial. To achieve this, we must have knowledge of the market, assess the reliability of subcontractors and suppliers, and understand our company's resources' performance capabilities. We should also identify gaps in pricing from suppliers and subcontractors and find ways to fill them. This course will cover all of these topics and discuss our plans to prepare for third-party price assessment and comparison.

Cost-effective course bundles

Buy courses in a bundle and save 15% to 25% off the individual courses price.