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