Cost Estimating for Manufacturing
Quoting below cost wins work that loses money, and quoting blind loses work that would have been profitable. This course covers estimating manufacturing cost from drawings and specifications.
Course outline
What this programme covers, module by module.
- 01What a manufacturing estimate has to get right
- 02Material cost, yield, scrap and price volatility
- 03Process routing, labour times and standards
- 04Machine rates, overhead recovery and absorption
- 05Setup, batch size and volume effects on unit cost
- 06Building the quotation, margin and risk allowance
- 07Estimate versus actual comparison and improving accuracy
What you will gain
- Estimate material cost including yield and scrap
- Estimate labour from process routing and times
- Apply machine rates and overhead recovery
- Account for setup, batch size and volume effects
- Build a quotation with defensible margin
- Compare estimates against actual cost afterwards
Who should attend
- Estimators and cost engineers
- Manufacturing and production engineers
- Commercial and sales staff quoting work
- Finance staff in manufacturing
Upcoming sessions
| Date | City | Duration | Fees | Book |
|---|---|---|---|---|
| 27 to 29 Oct 2026 | London | 3 Days | US$1,500 | |
| 10 to 12 Nov 2026 | Dubai | 3 Days | US$1,500 | |
| 30 Nov to 2 Dec 2026 | Pretoria | 3 Days | R13,000 | |
| 11 to 13 Jan 2027 | Durban | 3 Days | R13,000 | |
| 9 to 11 Feb 2027 | Cape Town | 3 Days | R13,000 | |
| 26 to 28 Apr 2027 | Johannesburg | 3 Days | R13,000 | |
| 22 to 24 Jun 2027 | London | 3 Days | US$1,500 |
Fees are per delegate and exclude VAT. Public intakes are confirmed once minimum numbers are met. We also deliver this course on your own schedule, in-house or live online.
Enquire about this course
Register your team or ask for a tailored in-house quote. We reply within one working day.
WhatsApp usCourse brochure (PDF)- Fees from
- R13,000 per delegate
- Duration
- 3 Days
- Field
- Finance, Accounting & Budgeting
- Formats
- In-house, public, online
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