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