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