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Cost Estimator

Cost Estimator

  • Ideal for those who love analyzing data and predicting costs accurately.
  • Play a crucial role in project success by providing precise cost estimates.
  • Unique chance to collaborate with diverse teams and influence major decisions.
💰 Earn $63K-$108K
📚 Bachelor Degree

Overview

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

Scoop

Minimum Education

Bachelor Degree

Career Prospects

Shaky (Decreasing by 1-5%)

Training Time

2 to 4 years

Job Openings

18,000 Annually

Earnings

$81,910

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Day-to-Day

  • 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.

Best For You If...

YOU Like 💕

  • Influencing or leading others
  • Using data or completing tasks

You are skilled in 💫

  • Negotiation
  • Critical Thinking
  • Writing
  • Speaking
  • Reading Comprehension
  • Active Listening

You value 🙏

  • Job security
  • Having freedom
  • Personal relationships

In Action

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Cost Estimator

This short video gives an overview of what this career is all about.

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