Electrical Estimating

Michael Holt is the owner of Mike Holt Enterprises, Inc. The Electronics School" in Ft Lauderdale, Florida. He has worked his way up through the electrical trade as an apprentice electrician, journeyman electrician, master electrician, electrical inspector, electrical contractor, electrical designer and developer of training programs for the electrical industry. He has taught over 1,000 classes on over 40 different electrical related subjects to over 20,000 students. He was formerly a contributing editor to Electrical Construction and Maintenance Magazine and Electrical Design and Installation Magazine. He is currently contributing editor for Electrical Contractor Magazine."

PREFACE: Electrical Estimating. About This Book. Chapters 1 Through 8. Appendixes. Estimating Software Available. About The Author. The Emotional Aspect Of Learning. Hot To Get The Most From This Book. Acknowledgement. INTRODUCTION: Introduction. Estimating Verses Bidding. A Good Estimating System. Objectives And Purpose Of An Electrical Contractor. Why Are So Many Electrical Contractors Unsuccessful?. The Estimate Must Provide Information For Project Management. Job Management Ultimately Controls The Cost Of Project. Can I Be Competitive?. The Market. Summary. Review Questions. ABOUT ESTIMATING: Qualities Of A Good Estimator. Duties And Responsibilities Of The Estimator. The Estimating Work Space And Tools. Types Of bids. What An Accurate Estimate Must Include. Improper Estimating Methods. Proper Estimating Methods. The Detailed Estimating Method. How Accurate Can An Estimate Be?. Manual Estimate. Computer Assisted, Or An Estimating Service?. Summary. Review Questions. UNDERSTANDING LABOR-UNITS. Introduction, What Exactly Is A Labor-Unit?. How Labor-Units Are Used. What''s Included In The Labor-Unit. Labor-Units Do Not Include. Labor-Unit Manuals, Which Should You Use?. Your Labor-Units As Compared To Your Competitors''. Knowing Your Competitors'' Labor-Units. How To Develop Your Own Labor-Units. Variables That Impact Labor-Units. Labor-Unit Summary. Summary. Review Questions. THE ESTIMATING PROCESS: Introduction. Job Selection. Understanding The Scope Of Work (Step 1). The Take-Off (Step 2). Determining The Bill-Of-Material (Step 3). Pricing And Laboring (Step 4). Extensions And Totals (Step 5). Summary. Review Questions. THE ESTIMATE SUMMARY AND BID PROCESS. Introduction. Part A - The Estimate Summary. Labor-Hours (Step A). Labor Cost (Step B). Labor Burden. Total Material Cost (Step C). Direct Job Expenses (Step D). Estimated Prime Cost (Step E.) Overhead. Overhead Calculation. Applying Overhead (Part F). Understanding break Even Cost (Part G). PART B - THE BID PROCESS: Profit. Other Final Costs. Bid Accuracy. Bid Analysis. Bid Proposal. PART C - UNIT PRICING. Unit Price Example. Summary. Review Questions. ESTIMATING RESIDENTIAL WIRING: Introduction. Part A - Plans And Specifications. Part B - Manual Estimate And Bid. Understanding Scope Of Work. The Take-Off. Completed Residential Take-Off. Determining The Bill-Of-Material. Pricing, Labor, Extended, And Totals, Estimate and Bid Summary, Bid Accuracy And Analysis. The Proposal. Part C - Computer Assisted Estimate And Bid. Bid Preparation And Take-Off. Input Take-Off Into Computer. Bill-Of-Material, Pricing, Laboring, Extending, And Totaling. Estimate & Bid Summary. Bid Accuracy & Analysis. The Proposal. Review Questions. ESTIMATING COMMERCIAL WIRING: Introduction. Part A - Plans & Specifications. Electrical Specifications. Manual Estimate & Bid. Preparing The Estimate. Understanding Scope Of Work. Estimate And Bid Notes. The Take-Off. Determining The Bill-Of-Material. Pricing, Laboring, Extending, And Totals. Estimate And Bid Summary. Bid Accuracy And Analysis. The Proposal. Part C - Computer Assisted Estimate & Bid. Bid Preparation & Take-Off. Input Take-Off Into Computer. Bill-Of-Material, Pricing, Laboring, Extending And Totaling. Estimate And Bid Summary. Bid Accuracy And Analysis. Review Questions. COMPUTER ESTIMATING: Introduction. Computerized Estimating. Frequently Asked Questions. Training & Support. Pricing Services. Software Selection. How Much Should It Cost?. Who Sells Estimating Software?. Review Questions. APPENDIX - ESTIMATING FORMS & WORKSHEETS: INDEX: