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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 Consultant”
- 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.
- 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.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- 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.
- 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.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
- 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.
Related Technology & Tools
- Notebook computers
- Scanners
- Desktop computers
- Personal digital assistants PDA
- Tablet computers
- Personal computers
- ConEst JobTrac
- Construction Management Software ProEst
- Oracle Hyperion
- SAP
- Microsoft Office
- Dassault Systemes CATIA
- ConEst Electrical Formulas
- EFI Hagen OA
- Computer aided design and drafting CADD software
- HCSS HeavyBid
- Microsoft Outlook
- Palisade @Risk
- ConEst IntelliBid Design Build
- Laserfiche Avante
- ConEst Permit Trac
- Oracle JD Edwards EnterpriseOne
- ConEst SureCount
- Autodesk Revit
- Microsoft Visio
- Primavera Cost Management
- Galorath SEER
- ConEst BidTrac
- Apple AppleWorks
- SAP BusinessObjects Crystal Reports
- Microsoft Project
- Adobe Systems Adobe Acrobat
- CPR International GeneralCOST Estimator
- Autodesk AutoCAD
- Cost estimation software
- Oracle Primavera Enterprise Project Portfolio Management
- Microsoft Word
- IBM Lotus 1-2-3
- HCSS HeavyJob
- IBM Costimater
- ConEst T&M Billing Manager
- Cost accounting software
- Microsoft Access
- QSM SLIM
- Choice Job Cost
- Logic Software Easy Projects.NET
- Sage 100 Contractor
- Resources Calculations Incorporated SoftCost
- Sage 50 Accounting
- Microsoft PowerPoint
- WinEstimator WinEst
- Intuit QuickBooks
- Sage 300 Construction and Real Estate
- Decisioneering Crystal Ball
- Corel QuattroPro
- Softstar Costar COCOMO II
- Microsoft Excel
- Microsoft Business Contact Manager
- Galorath SEER-SEM
- Software AG
- Xactware Xactimate
- Assured Software JPP
- PRICE Sytems TruePlanning
- ConEst Intellibid
- CPR Visual Estimator