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