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