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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 Construction Estimator
Tasks for “Building Estimator”
- Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
- Collect historical cost data to estimate costs for current or future products.
- 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.
- Set up cost monitoring and reporting systems and procedures.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- Establish and maintain tendering process, and conduct negotiations.
- 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.
- 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.
- Prepare estimates for use in selecting vendors or subcontractors.
- Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
Related Technology & Tools
- Desktop computers
- Notebook computers
- Personal computers
- Personal digital assistants PDA
- Scanners
- Tablet computers
- CPR International GeneralCOST Estimator
- ConEst Intellibid
- Decisioneering Crystal Ball
- HCSS HeavyBid
- Microsoft Excel
- Computer aided design and drafting CADD software
- Assured Software JPP
- Microsoft Visio
- HCSS HeavyJob
- Apple AppleWorks
- Laserfiche Avante
- Microsoft Project
- WinEstimator WinEst
- Corel QuattroPro
- Sage 100 Contractor
- Microsoft Outlook
- EFI Hagen OA
- Oracle Primavera Enterprise Project Portfolio Management
- Microsoft PowerPoint
- Resources Calculations Incorporated SoftCost
- Microsoft Word
- ConEst T&M Billing Manager
- QSM SLIM
- PRICE Sytems TruePlanning
- Logic Software Easy Projects.NET
- ConEst Electrical Formulas
- ConEst BidTrac
- Intuit QuickBooks
- SAP BusinessObjects Crystal Reports
- IBM Lotus 1-2-3
- CPR Visual Estimator
- Dassault Systemes CATIA
- Sage 300 Construction and Real Estate
- Choice Job Cost
- Palisade @Risk
- Galorath SEER
- Galorath SEER-SEM
- ConEst SureCount
- Sage 50 Accounting
- Primavera Cost Management
- Oracle Hyperion
- ConEst JobTrac
- ConEst IntelliBid Design Build
- Microsoft Business Contact Manager
- Softstar Costar COCOMO II
- Microsoft Access
- Autodesk Revit
- IBM Costimater
- Cost estimation software
- Autodesk AutoCAD
- Construction Management Software ProEst
- Microsoft Office
- Software AG
- Adobe Systems Adobe Acrobat
- ConEst Permit Trac
- Oracle JD Edwards EnterpriseOne
- SAP
- Cost accounting software
- Xactware Xactimate