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