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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 Analyst
- Construction Estimator
- Acquisition Cost Estimator
- Service Advisor
- Quantity Surveyor
- Project Estimator
- Production Cost Estimator
- Procurement Technician
- Job Estimator
- Job Cost Estimator
- Investment Recovery Technician
- Electrical Estimator
- Crating and Moving Estimator
- Cost Recovery Technician
- Cost and Risk Analysis Manager
- Contract Analyst
- Construction Job Cost Estimator
- Chief Estimator
- Building Estimator
- Building Construction Estimator
Tasks for “Cost and Risk Analysis Manager”
- 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.
- Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
- 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.
- Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
- Prepare estimates for use in selecting vendors or subcontractors.
- Set up cost monitoring and reporting systems and procedures.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- 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.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
Related Technology & Tools
- Notebook computers
- Tablet computers
- Personal computers
- Desktop computers
- Personal digital assistants PDA
- Scanners
- WinEstimator WinEst
- SAP BusinessObjects Crystal Reports
- ConEst SureCount
- Autodesk AutoCAD
- Sage 300 Construction and Real Estate
- HCSS HeavyJob
- Sage 50 Accounting
- ConEst T&M Billing Manager
- Software AG
- Microsoft Excel
- Primavera Cost Management
- Decisioneering Crystal Ball
- Corel QuattroPro
- Microsoft PowerPoint
- Galorath SEER-SEM
- Microsoft Project
- IBM Costimater
- PRICE Sytems TruePlanning
- Oracle Primavera Enterprise Project Portfolio Management
- SAP
- Cost accounting software
- Logic Software Easy Projects.NET
- ConEst Electrical Formulas
- Adobe Systems Adobe Acrobat
- Construction Management Software ProEst
- HCSS HeavyBid
- Cost estimation software
- ConEst Intellibid
- Laserfiche Avante
- Softstar Costar COCOMO II
- Oracle JD Edwards EnterpriseOne
- ConEst BidTrac
- Microsoft Outlook
- Assured Software JPP
- Oracle Hyperion
- Microsoft Visio
- Galorath SEER
- Xactware Xactimate
- Resources Calculations Incorporated SoftCost
- CPR International GeneralCOST Estimator
- Palisade @Risk
- Microsoft Access
- Microsoft Office
- IBM Lotus 1-2-3
- ConEst Permit Trac
- Microsoft Word
- CPR Visual Estimator
- EFI Hagen OA
- ConEst JobTrac
- Apple AppleWorks
- Intuit QuickBooks
- Microsoft Business Contact Manager
- ConEst IntelliBid Design Build
- Sage 100 Contractor
- Computer aided design and drafting CADD software
- Autodesk Revit
- Dassault Systemes CATIA
- QSM SLIM
- Choice Job Cost