Cost Estimator
Cost Estimator
Job Duties and Tasks for:
Cost Estimator
1. Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
2. Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
3. Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
4. Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
5. Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
6. Prepare estimates for use in selecting vendors or subcontractors.
Job Activities for:
Cost Estimator
1) Communicating with Persons Outside Organization -- Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
2) Scheduling Work and Activities -- Scheduling events, programs, and activities, as well as the work of others.
3) Communicating with Supervisors, Peers, or Subordinates -- Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
4) Getting Information -- Observing, receiving, and otherwise obtaining information from all relevant sources.
5) Establishing and Maintaining Interpersonal Relationships -- Developing constructive and cooperative working relationships with others, and maintaining them over time.
6) Performing for or Working Directly with the Public -- Performing for people or dealing directly with the public. This includes serving customers in restaurants and stores, and receiving clients or guests.
Skills Needed for:
Cost Estimator
1) Active Listening -- Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
2) Reading Comprehension -- Understanding written sentences and paragraphs in work related documents.
3) Mathematics -- Using mathematics to solve problems.
4) Time Management -- Managing one's own time and the time of others.
5) Writing -- Communicating effectively in writing as appropriate for the needs of the audience.
6) Management of Personnel Resources -- Motivating, developing, and directing people as they work, identifying the best people for the job.
7) Critical Thinking -- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
8) Active Learning -- Understanding the implications of new information for both current and future problem-solving and decision-making.
9) Speaking -- Talking to others to convey information effectively.
10) Equipment Selection -- Determining the kind of tools and equipment needed to do a job.
11) Complex Problem Solving -- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
12) Coordination -- Adjusting actions in relation to others' actions.
13) Social Perceptiveness -- Being aware of others' reactions and understanding why they react as they do.
14) Judgment and Decision Making -- Considering the relative costs and benefits of potential actions to choose the most appropriate one.
15) Negotiation -- Bringing others together and trying to reconcile differences.
16) Monitoring -- Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
17) Instructing -- Teaching others how to do something.
18) Management of Financial Resources -- Determining how money will be spent to get the work done, and accounting for these expenditures.
19) Learning Strategies -- Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
20) Quality Control Analysis -- Conducting tests and inspections of products, services, or processes to evaluate quality or performance.
21) Service Orientation -- Actively looking for ways to help people.
22) Persuasion -- Persuading others to change their minds or behavior.
23) Operations Analysis -- Analyzing needs and product requirements to create a design.
24) Technology Design -- Generating or adapting equipment and technology to serve user needs.
25) Management of Material Resources -- Obtaining and seeing to the appropriate use of equipment, facilities, and materials needed to do certain work.
Abilities Needed for:
Cost Estimator
1) Oral Comprehension -- The ability to listen to and understand information and ideas presented through spoken words and sentences.
2) Oral Expression -- The ability to communicate information and ideas in speaking so others will understand.
3) Computer Skills - Must be able to use Cost Estimation, Scheduling and Project Management software to include Plan Swift, RS Means Cost Works, Microsoft Office Package, Microsoft Project, P6 Primavera and Procore.
4) Information Ordering -- The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
5) Inductive Reasoning -- The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
6) Mathematical Reasoning -- The ability to choose the right mathematical methods or formulas to solve a problem.
7) Near Vision -- The ability to see details at close range (within a few feet of the observer).
8) Speech Recognition -- The ability to identify and understand the speech of another person.
9) Speech Clarity -- The ability to speak clearly so others can understand you.
10) Written Comprehension -- The ability to read and understand information and ideas presented in writing.
11) Deductive Reasoning -- The ability to apply general rules to specific problems to produce answers that make sense.
12) Written Expression -- The ability to communicate information and ideas in writing so others will understand.
13) Problem Sensitivity -- The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
14) Category Flexibility -- The ability to generate or use different sets of rules for combining or grouping things in different ways.
15) Number Facility -- The ability to add, subtract, multiply, or divide quickly and correctly.
16) Selective Attention -- The ability to concentrate on a task over a period of time without being distracted.
17) Fluency of Ideas -- The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
18) Originality -- The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.
Knowledge, Experience, Education Required for:
Cost Estimator
1) Knowledge/Experience bidding government construction contracts, Order of Magnitudes estimates, Task Order MATOC contracts with Contract coefficients using RS Means.
2) Mathematics -- Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
3) 2) Administration and Management -- Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
4) English Language -- Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
5) Customer and Personal Service -- Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
6) Production and Processing -- Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
7) Clerical -- Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
Estimated Salary: $20 to $28 per hour based on qualifications.
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