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