Will “Cost Analyst” be Replaced By Robots? 🤔
100 % Chance of Automation
“Cost Analyst” will definitely be replaced by robots.
This job is ranked #321 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍
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
- Chief Estimator
- Building Estimator
- Building Construction Estimator
Tasks for “Cost Analyst”
- 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.
- Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- 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.
- Prepare estimates for use in selecting vendors or subcontractors.
- 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.
- 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.
- Establish and maintain tendering process, and conduct negotiations.
Related Technology & Tools
- Personal digital assistants PDA
- Desktop computers
- Scanners
- Notebook computers
- Tablet computers
- Personal computers
- IBM Lotus 1-2-3
- Autodesk Revit
- Dassault Systemes CATIA
- Oracle Hyperion
- Laserfiche Avante
- Cost accounting software
- Assured Software JPP
- Microsoft Project
- ConEst SureCount
- Microsoft PowerPoint
- ConEst IntelliBid Design Build
- Oracle Primavera Enterprise Project Portfolio Management
- WinEstimator WinEst
- ConEst JobTrac
- Logic Software Easy Projects.NET
- Cost estimation software
- Oracle JD Edwards EnterpriseOne
- ConEst Intellibid
- Sage 50 Accounting
- Construction Management Software ProEst
- Apple AppleWorks
- Adobe Systems Adobe Acrobat
- ConEst Permit Trac
- Xactware Xactimate
- Microsoft Excel
- Microsoft Access
- Intuit QuickBooks
- Microsoft Visio
- PRICE Sytems TruePlanning
- CPR International GeneralCOST Estimator
- HCSS HeavyBid
- ConEst T&M Billing Manager
- ConEst Electrical Formulas
- Sage 100 Contractor
- Corel QuattroPro
- EFI Hagen OA
- Microsoft Business Contact Manager
- Computer aided design and drafting CADD software
- Microsoft Word
- Sage 300 Construction and Real Estate
- Resources Calculations Incorporated SoftCost
- ConEst BidTrac
- Primavera Cost Management
- Software AG
- Choice Job Cost
- Galorath SEER
- IBM Costimater
- HCSS HeavyJob
- Decisioneering Crystal Ball
- SAP BusinessObjects Crystal Reports
- Softstar Costar COCOMO II
- Galorath SEER-SEM
- CPR Visual Estimator
- Microsoft Office
- QSM SLIM
- SAP
- Microsoft Outlook
- Palisade @Risk
- Autodesk AutoCAD