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