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