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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
- 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 “Production Cost Estimator”
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
- 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.
- Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
- Establish and maintain tendering process, and conduct negotiations.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- Prepare estimates for use in selecting vendors or 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.
- Collect historical cost data to estimate costs for current or future products.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
Related Technology & Tools
- Scanners
- Notebook computers
- Tablet computers
- Desktop computers
- Personal computers
- Personal digital assistants PDA
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- Palisade @Risk
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- Sage 100 Contractor
- Dassault Systemes CATIA
- Autodesk AutoCAD
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- Corel QuattroPro
- Microsoft Office
- Laserfiche Avante
- Microsoft Word
- Autodesk Revit
- Computer aided design and drafting CADD software
- PRICE Sytems TruePlanning
- Microsoft PowerPoint
- IBM Lotus 1-2-3
- Sage 300 Construction and Real Estate
- Logic Software Easy Projects.NET
- Microsoft Access
- Softstar Costar COCOMO II
- Galorath SEER-SEM
- ConEst Intellibid
- ConEst T&M Billing Manager
- Construction Management Software ProEst
- Cost accounting software
- EFI Hagen OA
- HCSS HeavyJob
- ConEst Electrical Formulas
- Adobe Systems Adobe Acrobat
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- Galorath SEER
- Cost estimation software
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- Software AG
- Microsoft Excel
- Assured Software JPP
- Primavera Cost Management
- ConEst IntelliBid Design Build
- ConEst JobTrac
- ConEst Permit Trac
- Microsoft Visio
- Oracle Primavera Enterprise Project Portfolio Management
- Resources Calculations Incorporated SoftCost
- ConEst SureCount
- ConEst BidTrac
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- HCSS HeavyBid