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