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