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