Cost Estimator Job Description

October 14, 20110 Comments

Cost Estimator Job Profile and Description

The duty of the Cost Estimator is to estimate the cost of that project for the outcome of a project. The jobs are increased because of the growth in the construction industry. They can be employed in different sectors and projects of different nature for they have the skills required to deal with the growing complexity of construction projects.

Cost Estimator Duties and Responsibilities

The duties and responsibilities which have to be fulfilled by a cost estimator are as follows:

  • The main responsibility is to estimate the cost, size, nature and duration of a future project perfectly.
  • It will be very necessary to gather data for analyzing for all financial aspects of the project.
  • As he or she has to estimate the costs of project so it will be also needed to consider the materials, location, duration etc of project.
  • He or she has the duty to separate the costs from the construction and manufacturing estimates.
  • He or she has the duty to help the business owners to make a bid for a contract the required information.
  • It will be the responsibility to carry out necessary operational research, production control etc for the completion of the project.

Cost Estimator Skills and Specifications

The skills and specifications required in a candidate to do the job of a cost estimator are as follows:

  • EXPIRIENCE: The candidate needs to have required experience in the fields of cost estimation as well as updated and upgraded in latest technology.
  • MATHEMATICAL SKILLS: He or she should have the high aptitude for mathematics and the skills as well.
  • ANALYTICAL SKILLS: He or she should have great analyzing skills as it is the most important requirement.
  • COMMUNICATION SKILLS: He or she should have exceptional communication skills both verbally and written.
  • He or she needs to have the ability to pay close attention to details.

Cost Estimator Education and Qualifications

  • The basic degree required to do the job is a bachelor’s degree in construction management or construction science, along with basic experience in the construction industry is highly imperative.
  • Candidate having the degrees such as Bachelor’s degree in engineering, statistics, accounting, physical science or any other such related subjects is an added advantage for sure.

Cost Estimator Salary

The salary basically depends upon the factors such as the experience, knowledge, expertise, at work and the nature of the work and the organization as well.

  • On the general scale, the wage of a typical cost estimator is about $56,510.

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