The Construction Budgeting course (CON5111) is a key component of the Commercial Estimating program, designed to equip students with essential skills for managing project finances. This course delves into various aspects of construction budgeting, focusing on practical approaches and tools required to accurately determine funding for successful project completion. You will learn about the different components that make up a construction project budget, preparing you for real-world scenarios. Key topics covered include the construction tendering process, understanding UniFormat/MasterFormat coding conventions, unit pricing, and productivity factors. The course also teaches you how to analyze subcontractor tender prices, and calculate crucial elements like risk, contingency, overhead, and profit. The program culminates in a comprehensive final assignment where you will perform a complete estimate for a commercial project, presented in a systematic and professional format.
This course, CON5111, focuses on the fundamental principles and practical application of construction budgeting. It covers a range of topics from initial tendering to final project estimation.
Applicants must meet the prerequisite for this course. For other part-time AC Online programs, admission information can be found on the Part-time AC Online Admissions page.
Tuition fees for individual courses are typically calculated per course rather than per year. Please refer to the college's finance department or the specific program page for detailed fee structures.
The Construction Budgeting course (CON5111) is a component of the Commercial Estimating program, designed to teach students essential skills for managing project finances and accurately determining funding for projects.
The course covers the construction tendering process, UniFormat/MasterFormat coding, unit pricing, productivity factors, analysis of subcontractor tender prices, and the calculation of risk, contingency, overhead, and profit.
To enroll in CON5111, applicants must have successfully completed CON5103 as a prerequisite.
International applicants must apply directly through the Algonquin College International Application Portal. After applying, you will receive a student number to track your application status via the ACSIS portal.
Tuition fees for this certificate are typically calculated per course. Please refer to the college's finance department or the specific program page for detailed fee structures.
This course provides a foundation for roles in construction planning, cost control, and project management where accurate financial forecasting and tender analysis are critical.