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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
- Cost 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
- Estimator
- Electrical Estimator
- Crating and Moving Estimator
- Cost Recovery Technician
- Contract Analyst
- Construction Job Cost Estimator
- Chief Estimator
- Building Estimator
- Building Construction Estimator
Tasks for “Estimator”
- Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
- 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.
- Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
- Prepare and maintain a directory of suppliers, contractors and subcontractors.
- Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
- Prepare estimates for use in selecting vendors or subcontractors.
- Establish and maintain tendering process, and conduct negotiations.
- 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.
- Set up cost monitoring and reporting systems and procedures.
- Collect historical cost data to estimate costs for current or future products.
- Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
Related Technology & Tools
- Desktop computers
- Notebook computers
- Personal computers
- Personal digital assistants PDA
- Scanners
- Tablet computers
- EFI Hagen OA
- WinEstimator WinEst
- Laserfiche Avante
- IBM Costimater
- Oracle Primavera Enterprise Project Portfolio Management
- Sage 100 Contractor
- HCSS HeavyBid
- Softstar Costar COCOMO II
- CPR Visual Estimator
- Galorath SEER
- Oracle Hyperion
- PRICE Sytems TruePlanning
- ConEst JobTrac
- Palisade @Risk
- Galorath SEER-SEM
- Microsoft Project
- Construction Management Software ProEst
- Xactware Xactimate
- ConEst Electrical Formulas
- SAP BusinessObjects Crystal Reports
- Cost accounting software
- Apple AppleWorks
- ConEst Permit Trac
- Autodesk AutoCAD
- Microsoft Business Contact Manager
- Dassault Systemes CATIA
- Microsoft Outlook
- Adobe Systems Adobe Acrobat
- Microsoft PowerPoint
- Resources Calculations Incorporated SoftCost
- Decisioneering Crystal Ball
- ConEst BidTrac
- Microsoft Excel
- Microsoft Word
- Sage 50 Accounting
- Microsoft Office
- Intuit QuickBooks
- Logic Software Easy Projects.NET
- IBM Lotus 1-2-3
- ConEst IntelliBid Design Build
- QSM SLIM
- Software AG
- ConEst T&M Billing Manager
- Corel QuattroPro
- Computer aided design and drafting CADD software
- ConEst SureCount
- Cost estimation software
- SAP
- Oracle JD Edwards EnterpriseOne
- Microsoft Access
- Choice Job Cost
- CPR International GeneralCOST Estimator
- Primavera Cost Management
- Assured Software JPP
- Microsoft Visio
- Autodesk Revit
- ConEst Intellibid
- Sage 300 Construction and Real Estate
- HCSS HeavyJob