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