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