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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”
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- 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.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- 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.
- Prepare estimates for use in selecting vendors or subcontractors.
- Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- 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.
- Set up cost monitoring and reporting systems and procedures.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
Related Technology & Tools
- Tablet computers
- Desktop computers
- Personal computers
- Scanners
- Notebook computers
- Personal digital assistants PDA
- Autodesk Revit
- IBM Costimater
- Cost accounting software
- Microsoft Project
- Sage 100 Contractor
- HCSS HeavyJob
- Apple AppleWorks
- Primavera Cost Management
- Decisioneering Crystal Ball
- Logic Software Easy Projects.NET
- Computer aided design and drafting CADD software
- Microsoft Access
- Adobe Systems Adobe Acrobat
- Assured Software JPP
- Construction Management Software ProEst
- Galorath SEER
- Cost estimation software
- Xactware Xactimate
- ConEst Intellibid
- WinEstimator WinEst
- SAP BusinessObjects Crystal Reports
- Oracle Primavera Enterprise Project Portfolio Management
- ConEst SureCount
- EFI Hagen OA
- IBM Lotus 1-2-3
- ConEst Permit Trac
- HCSS HeavyBid
- Microsoft PowerPoint
- Choice Job Cost
- Microsoft Office
- Corel QuattroPro
- CPR International GeneralCOST Estimator
- QSM SLIM
- Oracle Hyperion
- ConEst JobTrac
- Sage 300 Construction and Real Estate
- PRICE Sytems TruePlanning
- Resources Calculations Incorporated SoftCost
- Galorath SEER-SEM
- Softstar Costar COCOMO II
- Dassault Systemes CATIA
- Microsoft Business Contact Manager
- Intuit QuickBooks
- Microsoft Word
- ConEst IntelliBid Design Build
- ConEst Electrical Formulas
- ConEst T&M Billing Manager
- Autodesk AutoCAD
- Microsoft Outlook
- SAP
- Microsoft Excel
- Oracle JD Edwards EnterpriseOne
- Palisade @Risk
- Software AG
- Microsoft Visio
- Sage 50 Accounting
- CPR Visual Estimator
- ConEst BidTrac
- Laserfiche Avante