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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”
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- Establish and maintain tendering process, and conduct negotiations.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- 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.
- 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.
- Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
- 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.
- 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
- Desktop computers
- Personal digital assistants PDA
- Scanners
- Personal computers
- Construction Management Software ProEst
- Microsoft Business Contact Manager
- Microsoft Project
- Oracle Primavera Enterprise Project Portfolio Management
- ConEst BidTrac
- Softstar Costar COCOMO II
- Decisioneering Crystal Ball
- Microsoft Visio
- Choice Job Cost
- Dassault Systemes CATIA
- ConEst SureCount
- CPR International GeneralCOST Estimator
- Autodesk AutoCAD
- Computer aided design and drafting CADD software
- IBM Costimater
- SAP BusinessObjects Crystal Reports
- Laserfiche Avante
- Microsoft Word
- Microsoft Excel
- Adobe Systems Adobe Acrobat
- Microsoft Office
- Software AG
- Sage 300 Construction and Real Estate
- Galorath SEER
- Apple AppleWorks
- Logic Software Easy Projects.NET
- ConEst IntelliBid Design Build
- Palisade @Risk
- ConEst JobTrac
- ConEst T&M Billing Manager
- Xactware Xactimate
- PRICE Sytems TruePlanning
- Microsoft PowerPoint
- Cost estimation software
- ConEst Permit Trac
- Resources Calculations Incorporated SoftCost
- SAP
- Microsoft Access
- Primavera Cost Management
- HCSS HeavyJob
- IBM Lotus 1-2-3
- Autodesk Revit
- Cost accounting software
- Galorath SEER-SEM
- Sage 100 Contractor
- Sage 50 Accounting
- WinEstimator WinEst
- EFI Hagen OA
- ConEst Electrical Formulas
- HCSS HeavyBid
- QSM SLIM
- Intuit QuickBooks
- Corel QuattroPro
- Oracle Hyperion
- Oracle JD Edwards EnterpriseOne
- Assured Software JPP
- ConEst Intellibid
- Microsoft Outlook
- CPR Visual Estimator