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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 and Risk Analysis Manager
- 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 Consultant
- Contract Analyst
- Construction Job Cost Estimator
- Chief Estimator
- Building Estimator
- Building Construction Estimator
Tasks for “Cost Consultant”
- Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- Prepare estimates for use in selecting vendors or subcontractors.
- 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.
- Establish and maintain tendering process, and conduct negotiations.
- Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
- 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.
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
Related Technology & Tools
- Personal computers
- Desktop computers
- Scanners
- Personal digital assistants PDA
- Notebook computers
- Tablet computers
- Galorath SEER
- Microsoft Access
- Oracle Hyperion
- Corel QuattroPro
- Sage 100 Contractor
- IBM Costimater
- EFI Hagen OA
- Microsoft Project
- Sage 300 Construction and Real Estate
- PRICE Sytems TruePlanning
- Logic Software Easy Projects.NET
- Assured Software JPP
- Microsoft Word
- Computer aided design and drafting CADD software
- SAP BusinessObjects Crystal Reports
- WinEstimator WinEst
- SAP
- Decisioneering Crystal Ball
- CPR Visual Estimator
- ConEst Intellibid
- Microsoft Excel
- Microsoft Office
- Construction Management Software ProEst
- Microsoft Outlook
- CPR International GeneralCOST Estimator
- ConEst Electrical Formulas
- Adobe Systems Adobe Acrobat
- Sage 50 Accounting
- Xactware Xactimate
- Palisade @Risk
- Microsoft PowerPoint
- Intuit QuickBooks
- QSM SLIM
- ConEst SureCount
- ConEst JobTrac
- Oracle Primavera Enterprise Project Portfolio Management
- Oracle JD Edwards EnterpriseOne
- ConEst Permit Trac
- IBM Lotus 1-2-3
- ConEst BidTrac
- HCSS HeavyJob
- ConEst T&M Billing Manager
- Cost estimation software
- Primavera Cost Management
- Dassault Systemes CATIA
- ConEst IntelliBid Design Build
- Softstar Costar COCOMO II
- Autodesk Revit
- Apple AppleWorks
- Laserfiche Avante
- Galorath SEER-SEM
- Cost accounting software
- Microsoft Business Contact Manager
- Choice Job Cost
- HCSS HeavyBid
- Resources Calculations Incorporated SoftCost
- Microsoft Visio
- Autodesk AutoCAD
- Software AG