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