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BUSINESS 232: Introduction to Cost Estimating
- Discuss overhead, profit, breakeven, markup, gross margins, profit and loss statements, and why contractors fail financially.
- Discuss payment schedule, cash flow, expense management, and the legal, financial, and ethics benefits of directly linking income to project progress.
- Examine several cost estimating tools from pre-printed forms and Excel worksheets to estimating software and estimating services.
This program touches on the basics of cost estimating and guides students toward improvements they should make to ensure their long-term financial success.
0.2 IACET CEUs