The last day to receive a refund for this course is November 11, 2025

Course Dates: November 18-20, 2025 from 11am-2pm.

The key to a successful financial outcome with respect to a construction project often lies in the accuracy of budget forecasting which took place during the planning stages. Only accurate budgets can establish clear feasibility. Budget estimates allow the comparative allocation of funds and inform intelligent design decisions. But why do so many projects exceed their initial budget forecasts? What techniques are used when project parameter and design information is sparce? How do budgets develop to become more accurate reflections of real time expenditures? 

Who should attend? 
Construction industry professionals, project managers, estimators, owners and consultants should understand how a budget develops and where the pitfalls and risks lie with respect to construction budget estimating. 

What is a budget estimate? 
Whenever we make a purchasing decision our primary concern soon falls to cost. In the same way, once a construction need, desire or investment opportunity is established, the next question is often "what will that cost, can we afford it, and does this make economic sense?" Budget estimates answer all of those questions, but only if proper techniques and procedures combined with intelligence and expertise are employed, and only if the budget continues to develop in harmony with available design information. 

What will you learn? 

Upon successful completion of this course, participant will be able to: 

1. Clearly define construction budgeting. 

2. Identify and categorize several types of construction budgets. 

3. List several budget estimating processes and procedures. 

4. Differentiate between several common processes. 

5. Understand timelines with respect to budget development. 

6. Implement the use of budget estimating tools 

Completion of this course awards 4 Gold Seal Credits.

By registering for this or any HHCA educational opportunity the attendee agrees to abide by the Release of Liability and Waiver of Claims policy.