How are Engineering Fees for Construction Projects estimated

It is important that all engineers have an understanding of how Engineering Fees for Construction Projects are estimated, as in the end money pays the bills. When you are just starting out it is too easy to just focus on engineering, however, you shouldn't neglect the engineering project fees. Knowing the different types of project fees and delivery methods how they are calculated will make sure that you what you are expected to deliver. When explaining Structural Engineering Project Fees it is not just about the cost but it is also important to understand the project scope. Project scope creep is one of the biggest causes of cost blowouts, so when reviewing the engineering fee look and what is included and excluded.


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Chapter
00:00 Intro
00:40 Types
04:39 it is not your hourly wage
06:02 Why T and E
07:28 The devils in the scope