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