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