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