Cost Estimators
- Architecture and Construction
Tasks
What tasks do Cost Estimators perform?
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.
Collect historical cost data to estimate costs for current or future products.
Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
Knowledge
What do Cost Estimators need to know?
Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Skills
What skills do Cost Estimators need?
Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
Mathematics
Using mathematics to solve problems.
Speaking
Talking to others to convey information effectively.
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Data on career profiles are based on information supplied by the O*NET Program, sponsored by U.S. Department of Labor, Employment, and Training Administration.