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