A Day In The Life
Construction & Architecture Industry
Construction & Architecture
Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service.
Construction & Architecture Industry
Cost Estimators
Average
$67,530
ANNUAL
$32.47
HOURLY
Entry Level
$38,510
ANNUAL
$18.52
HOURLY
Mid Level
$62,320
ANNUAL
$29.96
HOURLY
Expert Level
$99,590
ANNUAL
$47.88
HOURLY
Cost Estimators
3,860
Projected job openings through 2030
Cost Estimators
Supporting Programs
Cost Estimators
Cost Estimators
01
Collect historical cost data to estimate costs for current or future products.
02
Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
03
Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
04
Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
05
Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates.
06
Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
07
Prepare estimates for use in selecting vendors or subcontractors.
08
Set up cost monitoring and reporting systems and procedures.
09
Establish and maintain tendering process, and conduct negotiations.
10
Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
Cost Estimators
Common knowledge, skills & abilities needed to get a foot in the door.
KNOWLEDGE
Mathematics
KNOWLEDGE
Engineering and Technology
KNOWLEDGE
English Language
KNOWLEDGE
Building and Construction
KNOWLEDGE
Computers and Electronics
SKILL
Mathematics
SKILL
Critical Thinking
SKILL
Reading Comprehension
SKILL
Active Listening
SKILL
Judgment and Decision Making
ABILITY
Inductive Reasoning
ABILITY
Mathematical Reasoning
ABILITY
Number Facility
ABILITY
Oral Comprehension
ABILITY
Oral Expression
Construction & Architecture
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