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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 estimates for use in selecting vendors or subcontractors.
- 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.
- Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
- 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.
- 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.
- 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.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
- Establish and maintain tendering process, and conduct negotiations.
Related Technology & Tools
- Desktop computers
- Scanners
- Tablet computers
- Personal digital assistants PDA
- Notebook computers
- Personal computers
- Autodesk Revit
- Laserfiche Avante
- Sage 300 Construction and Real Estate
- Assured Software JPP
- IBM Lotus 1-2-3
- Corel QuattroPro
- Sage 100 Contractor
- Cost accounting software
- ConEst JobTrac
- SAP
- Palisade @Risk
- ConEst Electrical Formulas
- ConEst SureCount
- EFI Hagen OA
- Oracle JD Edwards EnterpriseOne
- Galorath SEER-SEM
- Dassault Systemes CATIA
- CPR International GeneralCOST Estimator
- Microsoft Business Contact Manager
- IBM Costimater
- Choice Job Cost
- Sage 50 Accounting
- PRICE Sytems TruePlanning
- Cost estimation software
- HCSS HeavyBid
- CPR Visual Estimator
- Microsoft Word
- Computer aided design and drafting CADD software
- Microsoft Visio
- Construction Management Software ProEst
- Autodesk AutoCAD
- Microsoft Project
- ConEst Intellibid
- QSM SLIM
- Decisioneering Crystal Ball
- Primavera Cost Management
- ConEst T&M Billing Manager
- Adobe Systems Adobe Acrobat
- HCSS HeavyJob
- WinEstimator WinEst
- Apple AppleWorks
- Software AG
- Xactware Xactimate
- Oracle Hyperion
- ConEst Permit Trac
- Microsoft Excel
- Oracle Primavera Enterprise Project Portfolio Management
- Resources Calculations Incorporated SoftCost
- Logic Software Easy Projects.NET
- Microsoft PowerPoint
- Intuit QuickBooks
- Microsoft Outlook
- Microsoft Office
- Galorath SEER
- ConEst IntelliBid Design Build
- Microsoft Access
- SAP BusinessObjects Crystal Reports
- Softstar Costar COCOMO II
- ConEst BidTrac