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