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