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