Use this tool to get accurate cost estimates for your construction project based on specific inputs.
How to Use the AECOM Estimator
This estimator helps you calculate the total cost of a project based on various parameters including project size, material costs, labor costs, and overhead costs.
- Enter the size of the project in square feet.
- Input the cost of materials per square foot.
- Enter the hourly labor cost and the total labor hours needed.
- Provide the total equipment cost.
- Specify the overhead cost as a percentage of the base cost.
- Click on ‘Calculate’ to get the total estimated project cost.
How the Calculator Works
The calculator takes the following steps to calculate the total cost:
- Calculates the material cost by multiplying the project size by the materials cost per square foot.
- Calculates the total labor cost by multiplying the hourly labor rate by the total labor hours.
- Adds the material cost, labor cost, and equipment cost to get the base cost.
- Calculates the overhead cost as a percentage of the base cost.
- Adds the overhead cost to the base cost to get the total estimated project cost.
Limitations
This estimator provides a rough estimate and may not account for all variables in real-world project scenarios such as regional price differences, unforeseen complexities, and additional administrative fees. Always consult with a professional estimator for more accurate figures.
Use Cases for This Calculator
Calculating Material Cost
Enter the quantity of each material needed along with the unit price to accurately estimate your material cost for your construction project. The AECOM estimator will automatically calculate the total material cost.
Estimating Labor Cost
Input the number of workers required, their hourly wage, and the estimated hours they will work to get an accurate labor cost estimation. The AECOM estimator will help you determine the total cost of labor for your project.
Determining Equipment Cost
Specify the type and quantity of equipment necessary for your project, along with their rental cost or depreciation per hour. The AECOM estimator will provide you with the total equipment cost for your construction job.
Calculating Overhead Expenses
Enter the percentage of overhead expenses you want to include in your project cost to cover indirect costs like utilities and administrative expenses. The AECOM estimator will calculate the total overhead cost for your project.
Adding Contingency Budget
Decide on the percentage of contingency budget you wish to allocate to account for unexpected costs or project changes. The AECOM estimator will help you determine the contingency amount to add to your project cost.
Estimating Total Project Cost
By inputting accurate values for material, labor, equipment, overhead, and contingency costs, the AECOM estimator will calculate the total cost of your construction project. Get a comprehensive overview of your project expenses in one place.
Comparing Costs for Different Scenarios
Experiment with different values for material quantities, labor wages, equipment types, and other cost factors to compare the total project costs for various scenarios. The AECOM estimator enables you to make data-driven decisions for your construction project.
Generating Detailed Cost Breakdown
Review a detailed breakdown of your project costs, including material, labor, equipment, overhead, and contingency expenses. The AECOM estimator provides you with a clear understanding of where your budget is allocated.
Saving and Exporting Cost Estimates
Save your cost estimates for future reference or export them for sharing with project stakeholders. The AECOM estimator allows you to keep track of your project costs and collaborate effectively with your team.
Real-Time Cost Updates
As you make changes to your project details or cost inputs, the AECOM estimator updates the total project cost in real-time. Instantly see how adjustments impact your budget, ensuring accurate and up-to-date cost estimates.