From Inputs to Field Performance

Build the Skill to Structure Real-World Unit Prices

Unit prices are not just outputs; they are strategic decisions that shape procurement, schedule, and cash flow. This course moves beyond rate sheets to show how real unit prices are built, structured, and defended. From aligning quantities and crews to factoring risk, escalation, and review cycles, you will learn to develop unit prices that meet contract demands, project controls, and real-world changes.

What You Wil Learn

Explore the full list of modules and lessons included in this course.

    1. 1.0 Welcome and Orientation

    2. 1.1 Learning Outcomes, Certification Programs Credits, and Time Commitment

    3. 1.2 Evaluation and Course Navigation

    4. 1.3 Assignment – General Knowledge Check

    1. 2.1 What is a Unit Price? Practical Definition and Use Cases

    2. 2.1 What is a Unit Price? Practical Definition and Use Cases - Quiz

    3. 2.2 Unit Price vs. Lump Sum: Estimating Implications

    4. 2.2 Unit Price vs. Lump Sum: Estimating Implications - Quiz

    5. 2.3 How Unit Prices Support Procurement, Contracts, and Schedule

    6. 2.3 How Unit Prices Support Procurement, Contracts, and Schedule - Quiz

    7. 2.4 Unit Price Structures Across Project Types (Linear, Vertical, Industrial)

    8. 2.4 Unit Price Structures Across Project Types (Linear, Vertical, Industrial) - Quiz

    9. 2.5 Assignment – Identify Unit Price Usage in Real Contract Documents

    1. 3.1 Linking Unit Prices to Work Breakdown Structures

    2. 3.1 Linking Unit Prices to Work Breakdown Structures - Quiz

    3. 3.2 Aligning Unit Prices with Owner's Measurement and Payment Framework

    4. 3.2 Aligning Unit Prices with Owner's Measurement and Payment Framework - Quiz

    5. 3.3 Breaking Down the Components of a Unit Price

    6. 3.4 Assignment – Build a Component Matrix for a Sample Activity

    1. 4.1 Step-by-Step Process: How Unit Prices Are Built

    2. 4.1 Step-by-Step Process: How Unit Prices Are Built - Quiz

    3. 4.2 Applying Productivity and Crew Logic to Labour-Driven Prices

    4. 4.2 Applying Productivity and Crew Logic to Labour-Driven Prices - Quiz

    5. 4.3 Incorporating Equipment and Cycle Time in Equipment-Driven Activities

    6. 4.3 Incorporating Equipment and Cycle Time in Equipment-Driven Activities - Quiz

    7. 4.4 Using Production Rates to Validate Output Assumptions

    8. 4.4 Using Production Rates to Validate Output Assumptions - Quiz

    9. 4.5 Assignment – Develop Two Unit Prices from Provided Quantities and Production Rates

    1. 5.1 Escalation, Inflation, and Pricing for Future Work

    2. 5.1 Escalation, Inflation, and Pricing for Future Work - Quiz

    3. 5.2 Regional Adjustments and Labour Market Variability

    4. 5.2 Regional Adjustments and Labour Market Variability - Quiz

    5. 5.3 Currency Risk, Long Lead Materials, and Subcontract Exposure

    6. 5.3 Currency Risk, Long Lead Materials, and Subcontract Exposure - Quiz

    7. 5.4 Assignment – Unit Price Adjustment Scenario Based on Location and Timing

    1. 6.1 Common Errors and Overlooked Scope in Unit Prices

    2. 6.1 Common Errors and Overlooked Scope in Unit Prices - Quiz

    3. 6.2 Internal Review Techniques and Peer Cross-Checks

    4. 6.2 Internal Review Techniques and Peer Cross-Checks - Quiz

    5. 6.3 Estimating Contingency within Unit Price Contracts

    6. 6.3 Estimating Contingency within Unit Price Contracts - Quiz

    7. 6.4 Assignment – Identify and Correct Errors in a Unit Price Table

About this course

  • $1,230.00
  • 62 lessons
  • Total learning commitment to complete this course: 37 hours
  • Course format: text, presentations, audio, downloadable PDF's.

Collaboration is essential

The benefit of timely feedback.

All lessons have a dedicated discussion section so you can ask questions, see previously answered questions, interact with other course participants and your instructor. You do not have to go through this learning journey alone or have to ponder on unanswered questions.

Master the Fundamentals: Strengthen Your Skills in Cost Estimating Workflow and Methodology

This course is part of the Construction Estimating Workflow and Methodology bundle. Build the full skillset and save 35%, a structured way to learn the complete process.