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