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