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