Collect historical cost data to estimate costs for current or future products.
Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
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.
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.
Set up cost monitoring and reporting systems and procedures.
Establish and maintain tendering process, and conduct negotiations.
Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.