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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
- Crating and Moving Estimator
- Cost Recovery Technician
- Contract Analyst
- Construction Job Cost Estimator
- Chief Estimator
- Building Estimator
- Building Construction Estimator
Tasks for “Electrical Estimator”
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
- Set up cost monitoring and reporting systems and procedures.
- 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.
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
- Establish and maintain tendering process, and conduct negotiations.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
- 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 estimates for use in selecting vendors or subcontractors.
Related Technology & Tools
- Tablet computers
- Personal computers
- Notebook computers
- Personal digital assistants PDA
- Scanners
- Desktop computers
- SAP BusinessObjects Crystal Reports
- Autodesk AutoCAD
- EFI Hagen OA
- ConEst IntelliBid Design Build
- Sage 300 Construction and Real Estate
- Cost accounting software
- QSM SLIM
- Sage 50 Accounting
- ConEst BidTrac
- Oracle JD Edwards EnterpriseOne
- Microsoft Visio
- Softstar Costar COCOMO II
- Sage 100 Contractor
- Microsoft Word
- IBM Lotus 1-2-3
- Microsoft Excel
- ConEst Electrical Formulas
- CPR Visual Estimator
- IBM Costimater
- Primavera Cost Management
- HCSS HeavyJob
- Adobe Systems Adobe Acrobat
- WinEstimator WinEst
- Microsoft Access
- Dassault Systemes CATIA
- ConEst T&M Billing Manager
- Software AG
- Computer aided design and drafting CADD software
- ConEst JobTrac
- Galorath SEER
- SAP
- Cost estimation software
- Corel QuattroPro
- Galorath SEER-SEM
- Logic Software Easy Projects.NET
- CPR International GeneralCOST Estimator
- Palisade @Risk
- Xactware Xactimate
- Microsoft Project
- Choice Job Cost
- HCSS HeavyBid
- PRICE Sytems TruePlanning
- Construction Management Software ProEst
- Apple AppleWorks
- Decisioneering Crystal Ball
- Microsoft Outlook
- Intuit QuickBooks
- ConEst Intellibid
- Autodesk Revit
- Assured Software JPP
- ConEst SureCount
- Oracle Primavera Enterprise Project Portfolio Management
- Laserfiche Avante
- Microsoft Business Contact Manager
- Microsoft PowerPoint
- ConEst Permit Trac
- Oracle Hyperion
- Resources Calculations Incorporated SoftCost
- Microsoft Office