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