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