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