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