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Job Description
Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
Job Details
- The SOC (Standard Occupational Classification) code is 13-1051.00
- The Mean Annual Wage in the U.S. is $ 66,620.00
- The Mean Hourly Wage is $ 32.00
- Currently, there are 214,610 people on this job
☝️ Information based on the reference occupation “Cost Estimators”.
Also Known As…
- Cost Estimators
- Preconstruction Manager
- Estimator Project Manager
- Estimator
- Cost Estimator
- Cost Engineer
- Cost Consultant
- Cost and Risk Analysis Manager
- Cost Analyst
- Construction Estimator
- Acquisition Cost Estimator
- Service Advisor
- Quantity Surveyor
- Project Estimator
- Production Cost Estimator
- Procurement Technician
- Job Estimator
- Job Cost Estimator
- Investment Recovery Technician
- Electrical Estimator
- Crating and Moving Estimator
- Cost Recovery Technician
- Contract Analyst
- Construction Job Cost Estimator
- Chief Estimator
- Building Estimator
- Building Construction Estimator
Tasks for “Acquisition Cost Estimator”
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
- Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
- Prepare estimates for use in selecting vendors or subcontractors.
- Collect historical cost data to estimate costs for current or future products.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
- Set up cost monitoring and reporting systems and procedures.
- Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
- Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
- Establish and maintain tendering process, and conduct negotiations.
Related Technology & Tools
- Desktop computers
- Personal computers
- Personal digital assistants PDA
- Tablet computers
- Notebook computers
- Scanners
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- Dassault Systemes CATIA
- Logic Software Easy Projects.NET
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- Corel QuattroPro
- HCSS HeavyBid
- Galorath SEER-SEM
- Oracle Primavera Enterprise Project Portfolio Management
- Microsoft Excel
- Computer aided design and drafting CADD software
- QSM SLIM
- IBM Costimater
- Galorath SEER
- Microsoft Word
- WinEstimator WinEst
- Adobe Systems Adobe Acrobat
- Microsoft Office
- ConEst SureCount
- Softstar Costar COCOMO II
- Oracle Hyperion
- ConEst IntelliBid Design Build
- Microsoft Visio
- Cost estimation software
- Assured Software JPP
- Software AG
- CPR International GeneralCOST Estimator
- Intuit QuickBooks
- ConEst JobTrac
- Apple AppleWorks
- Primavera Cost Management
- Oracle JD Edwards EnterpriseOne
- Sage 50 Accounting
- HCSS HeavyJob
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- Microsoft Outlook
- EFI Hagen OA
- SAP BusinessObjects Crystal Reports
- PRICE Sytems TruePlanning
- Sage 100 Contractor
- CPR Visual Estimator
- IBM Lotus 1-2-3
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- Autodesk AutoCAD
- Construction Management Software ProEst
- Laserfiche Avante
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