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