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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 estimates for use in selecting vendors or subcontractors.
- Collect historical cost data to estimate costs for current or future products.
- 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.
- 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.
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- 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.
- Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
- Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
- 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.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
Related Technology & Tools
- Notebook computers
- Scanners
- Desktop computers
- Personal digital assistants PDA
- Personal computers
- Tablet computers
- Microsoft Access
- Decisioneering Crystal Ball
- ConEst Intellibid
- Microsoft Project
- ConEst Permit Trac
- ConEst BidTrac
- SAP
- HCSS HeavyBid
- Cost estimation software
- Palisade @Risk
- ConEst T&M Billing Manager
- Adobe Systems Adobe Acrobat
- ConEst JobTrac
- ConEst Electrical Formulas
- Sage 300 Construction and Real Estate
- Laserfiche Avante
- HCSS HeavyJob
- ConEst IntelliBid Design Build
- Oracle JD Edwards EnterpriseOne
- Oracle Hyperion
- Microsoft Visio
- Autodesk Revit
- Resources Calculations Incorporated SoftCost
- QSM SLIM
- Microsoft Business Contact Manager
- Apple AppleWorks
- ConEst SureCount
- Microsoft Excel
- Primavera Cost Management
- Computer aided design and drafting CADD software
- CPR Visual Estimator
- Microsoft Outlook
- Intuit QuickBooks
- Assured Software JPP
- Galorath SEER-SEM
- Sage 100 Contractor
- IBM Costimater
- Software AG
- Autodesk AutoCAD
- Dassault Systemes CATIA
- Microsoft PowerPoint
- PRICE Sytems TruePlanning
- EFI Hagen OA
- Galorath SEER
- Microsoft Word
- Logic Software Easy Projects.NET
- Cost accounting software
- IBM Lotus 1-2-3
- Oracle Primavera Enterprise Project Portfolio Management
- CPR International GeneralCOST Estimator
- Softstar Costar COCOMO II
- SAP BusinessObjects Crystal Reports
- Construction Management Software ProEst
- Corel QuattroPro
- WinEstimator WinEst
- Microsoft Office
- Sage 50 Accounting
- Xactware Xactimate
- Choice Job Cost