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