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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.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- Set up cost monitoring and reporting systems and procedures.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
- 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.
- 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.
- 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.
- Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
Related Technology & Tools
- Notebook computers
- Personal computers
- Tablet computers
- Desktop computers
- Personal digital assistants PDA
- Scanners
- Dassault Systemes CATIA
- Galorath SEER
- Assured Software JPP
- Microsoft PowerPoint
- Cost accounting software
- ConEst Intellibid
- Construction Management Software ProEst
- Logic Software Easy Projects.NET
- HCSS HeavyJob
- Sage 50 Accounting
- WinEstimator WinEst
- ConEst SureCount
- Oracle Hyperion
- Xactware Xactimate
- Sage 100 Contractor
- Primavera Cost Management
- CPR Visual Estimator
- ConEst JobTrac
- Cost estimation software
- Autodesk AutoCAD
- EFI Hagen OA
- Oracle Primavera Enterprise Project Portfolio Management
- Adobe Systems Adobe Acrobat
- ConEst Permit Trac
- QSM SLIM
- Resources Calculations Incorporated SoftCost
- Decisioneering Crystal Ball
- CPR International GeneralCOST Estimator
- Apple AppleWorks
- ConEst T&M Billing Manager
- Oracle JD Edwards EnterpriseOne
- ConEst BidTrac
- Microsoft Excel
- Sage 300 Construction and Real Estate
- Microsoft Word
- PRICE Sytems TruePlanning
- Galorath SEER-SEM
- Microsoft Visio
- IBM Lotus 1-2-3
- ConEst Electrical Formulas
- IBM Costimater
- SAP BusinessObjects Crystal Reports
- Microsoft Business Contact Manager
- Microsoft Access
- ConEst IntelliBid Design Build
- Softstar Costar COCOMO II
- Microsoft Office
- Laserfiche Avante
- Computer aided design and drafting CADD software
- HCSS HeavyBid
- Autodesk Revit
- Palisade @Risk
- Microsoft Outlook
- Microsoft Project
- Choice Job Cost
- Software AG
- SAP
- Intuit QuickBooks
- Corel QuattroPro