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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
- Construction Job Cost Estimator
- Chief Estimator
- Building Estimator
- Building Construction Estimator
Tasks for “Contract Analyst”
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
- Set up cost monitoring and reporting systems and procedures.
- Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
- Prepare estimates for use in selecting vendors or subcontractors.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
- Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- 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.
- Collect historical cost data to estimate costs for current or future products.
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
- Establish and maintain tendering process, and conduct negotiations.
Related Technology & Tools
- Personal computers
- Desktop computers
- Personal digital assistants PDA
- Scanners
- Tablet computers
- Notebook computers
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- Oracle JD Edwards EnterpriseOne
- Microsoft PowerPoint
- Microsoft Office
- Dassault Systemes CATIA
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- Decisioneering Crystal Ball
- ConEst T&M Billing Manager
- Autodesk AutoCAD
- Sage 50 Accounting
- Oracle Hyperion
- ConEst SureCount
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- Autodesk Revit
- Adobe Systems Adobe Acrobat
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- Galorath SEER-SEM
- Softstar Costar COCOMO II
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- HCSS HeavyBid
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- Cost estimation software
- Xactware Xactimate
- Microsoft Word
- ConEst IntelliBid Design Build
- HCSS HeavyJob
- Sage 300 Construction and Real Estate
- SAP
- Microsoft Project
- IBM Costimater
- EFI Hagen OA
- Construction Management Software ProEst
- ConEst JobTrac
- SAP BusinessObjects Crystal Reports
- ConEst Electrical Formulas
- Microsoft Outlook
- Microsoft Excel
- Primavera Cost Management
- Microsoft Access
- Choice Job Cost
- PRICE Sytems TruePlanning
- ConEst BidTrac