Cost Estimators

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Job Description

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Key Tasks

• Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
• Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates.
• Collect historical cost data to estimate costs for current or future products.
• Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
• Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
• Establish and maintain tendering process, and conduct negotiations.
• Prepare estimates for use in selecting vendors or subcontractors.
• Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
• Set up cost monitoring and reporting systems and procedures.
• Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
• Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
• Conduct special studies to develop and establish standard hour and related cost data or to reduce cost.
• Visit site and record information about access, drainage and topography, and availability of utility services.
• Prepare and maintain a directory of suppliers, contractors and subcontractors.

O*NET Information

• SOC Code: 13-1051.00
• Title: Cost Estimators

Related Occupations

Based on O*NET Standard Occupational Classification.

Career Resources

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const job = await $.Occupation.create({
  title: 'Cost Estimators',
  description: 'undefined',
  socCode: '13-1051.00',
})