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