Published: August 23, 2024 -The Cost Estimator supports in managing budget allowances, contingencies, and the development of the condo upgrade program. Engaged throughout all stages of drawing development, ongoing reviews are conducted to identify potential cost savings and value engineering opportunities. Proactive analysis of risks and gaps, coupled with strategic data gathering, helps enhance project pipeline and inform organizational improvement strategies.
Tips for Cost Estimator Skills and Responsibilities on a Resume
1. Cost Estimator, Precision Building Solutions, Orlando, FL
Job Summary:
- Responsible for costing metals products for regional operations and will be responsible for all aspects of quoting management for all OEM’s and developing new business.
- Works closely with engineering, operations and the tooling groups in order to standardize the company’s efforts regarding manufacturing and design while providing a cost perspective.
- Provides support to Program Managers with respect to issues concerning advanced product engineering, manufacturing, production stamping, die processes, assembly processes and customer cost evaluations, serving as a conduit between the technical teams and Program Management.
- Determine part weights and make raw material assumptions
- Identifies equipment, labor, raw material purchased components, packaging and other requirements needed to produce the product.
- Supports the tooling group with target estimates and sending out RFQs to tooling vendors.
- Determines manufacturing processes required to produce product and collaborates with manufacturing/industrial engineering to solidify assumptions and order of operations.
- Coordinates with purchasing to provide targets and secures supplier pricing.
- Works to support rate development activities in line with company objectives and best practices
- Updates cost model, applying profit mark up, to determine the recommended selling price for review with Management.
- Assists in completing customer quotation forms
- Confers with design and manufacturing engineers on changes and adjustments to cost estimates.
- Maintains data in information system or databases.
- Conform with and abide by all regulations, policies and procedures.
Skills on Resume:
- Cost Management (Hard Skills)
- Cross-Functional Collaboration (Soft Skills)
- Technical Support (Soft Skills)
- Material and Labor Estimation (Hard Skills)
- RFQ Handling (Hard Skills)
- Manufacturing Process Analysis (Hard Skills)
- Supplier Coordination (Soft Skills)
- Data Management (Hard Skills)
2. Entry Level Cost Estimator, Advanced Infrastructure Tech, Reno, NV
Job Summary:
- Support the estimating department in building cost and lead time for quotations using the approved requote process.
- Be a liaison between the estimating, operations, purchasing and quality departments.
- Compile cost breakdowns and price walks for key stakeholders.
- Build cost and lead time of components for repeat work.
- Determine best manufacturing processes to achieve desired part dimensions and tolerances based on job history.
- Compile estimates for programming, set up times and machine cycle times based on past job histories.
- Compile estimates for materials and outside services
- Determine lead times based on internal capacity, materials, and outside services.
- Collaborate with floor leads, purchasing, outsourcing and operations
- Confirm quotations are still valid at time of customer order.
- Participate in quotation review meetings
- Participate in job kick-off meetings
- Work toward meeting departmental key performance indicators (KPI’s) / measurables.
- Read and understand blueprints.
Skills on Resume:
- Cost and Lead Time Estimation (Hard Skills)
- Department Liaison (Soft Skills)
- Cost Breakdown Compilation (Hard Skills)
- Manufacturing Process Optimization (Hard Skills)
- Time Estimation (Hard Skills)
- Materials and Services Estimation (Hard Skills)
- Lead Time Determination (Hard Skills)
- Blueprint Reading (Hard Skills)
3. Cost Estimator, Metro Construction Services, Albany, NY
Job Summary:
- Review design consultant and construction contractor cost estimates and supporting documents
- Review cost estimates associated with value engineering proposals
- Prepare independent cost estimates or check estimates
- Support project construction managers and project managers with contract disputes involving cost issues (invoice values, change order amounts, claims, etc.)
- Participate in guaranteed maximum price development, review, and negotiations
- Coordinate with Public Outreach, Real Estate, Permitting, Controls, and other functions
- Collaborate with engineers, contractors, vendors, and suppliers
- Monitor and report on relevant commodities
- Recommend cost management strategies
- Support the annual baseline and budgeting process
- Maintain appropriate records in the project management information system (e-Builder)
- Monitor and track cost estimating performance (e.g., budget vs bid results)
- Build and maintain unit cost database
- Work in a manner to ensure personal safety and that of fellow employees by following PMO and company health and safety guidelines and policies
Skills on Resume:
- Cost Estimate Review (Hard Skills)
- Value Engineering Analysis (Hard Skills)
- Independent Cost Estimation (Hard Skills)
- Contract Dispute Support (Soft Skills)
- Price Negotiation (Hard Skills)
- Cross-Functional Coordination (Soft Skills)
- Cost Management Recommendations (Hard Skills)
- Performance Monitoring (Hard Skills)
4. Cost Estimator/Scheduler, Summit Estimating, Boise, ID
Job Summary:
- Work independently with responsibility for reporting results.
- Responsible for the development and maintenance of master schedules, preparation and analysis of project schedules, conceptual and detailed take-off estimating of individual projects, review of cost estimates prepared by others, managing complex project financial information, and cost analysis reports for the project construction management team.
- Develops and maintains budgets and monitors adherence to project schedule.
- Works with other estimators on cost reports to identify potential gaps, failures and/or discrepancies that could be encountered in the project execution.
- Understand construction means and methods.
- Prepare, develop, and review documents to process change orders.
- Schedule and negotiate potential change orders.
- Performs monthly Estimate at Completions on project.
- Reconcile program and project controls data with the project team.
- Produces monthly variance reports for schedule and cost.
- Present results of schedule and cost analyses to Project Director and other client representatives.
- Prepares technical and administrative reports
Skills on Resume:
- Independent Reporting (Soft Skills)
- Schedule Development (Hard Skills)
- Budget Management (Hard Skills)
- Cost Report Analysis (Hard Skills)
- Construction Methods Understanding (Hard Skills)
- Change Order Management (Hard Skills)
- Variance Reporting (Hard Skills)
- Technical Report Preparation (Hard Skills)
5. Cost Estimator, Summit Estimating, Boise, ID
Job Summary:
- Reviews plans and specifications to become familiar with project scopes
- Ensures that corporate estimating procedures are followed
- Support and work with estimating/engineering/business development staff in the review of project plans, requirements and specifications
- Perform quantity take-offs and pricing of primarily federal construction projects
- Perform constructability reviews and develop draft project schedules
- Support client presentations such as charrettes, design review meetings, and value engineering meetings
- Supervise junior level estimating staff or estimating subconsultants
- Work closely with a global, cross-functional team that includes Contracts and Finance to support customer fact finds, audits, and negotiations.
- Proactively support strategic pricing initiatives for assigned customers/products to incorporate market and value pricing methodologies.
- Evaluate historical data, competitive information and product features to develop customer/product specific pricing.
- Prepare Long Term Agreement proposal signoffs and negotiation objectives for management review.
- Partner with Technical Support and Product Management in confirming product commerciality and competitive position for assigned product lines.
- Serve as a cross-functional back-up to other Cost Estimators including developing part pricing and key and valued customer quoting.
Skills on Resume:
- Project Scope Familiarization (Hard Skills)
- Procedure Adherence (Hard Skills)
- Quantity Take-Offs (Hard Skills)
- Constructability Review (Hard Skills)
- Client Presentation Support (Soft Skills)
- Team Supervision (Soft Skills)
- Strategic Pricing (Hard Skills)
- Competitive Pricing Evaluation (Hard Skills)
6. Senior Cost Estimator, Conceptual Build, Charleston, WV
Job Summary:
- Prepares labour and material estimates for ship maintenance and repair, conversions, and new constructions.
- Estimates requests based on accurate evaluations of owner-supplied specifications, terms and conditions, detailed or outline specifications, drawings, sketches, or following verbal instructions.
- Soliciting pricing from suppliers, consulting with shipyard personnel, contractors, regulatory bodies, and trades
- Applying general and specific knowledge of the work to be performed gained from experience and analysis
- Determine man-hour and material requirements and calculate the overall costs for the project.
- Provides management with summaries for estimated labour and material and overviews of work content, including work requiring special consideration regarding complexity, time requirements, and non-availability of products or services.
- Develops and maintains reports derived from key organizational data to support future estimating work, as well other business divisions.
- Optimizes and standardizes all stages of the data analysis process, from extraction through to modelling & visualization.
- Builds data set requirements, metrics, data/report definitions and establishes reporting governance processes.
Skills on Resume:
- Labour and Material Estimation (Hard Skills)
- Specification Analysis (Hard Skills)
- Pricing Solicitation (Soft Skills)
- Cost Calculation (Hard Skills)
- Management Summarization (Soft Skills)
- Report Development (Hard Skills)
- Data Analysis Optimization (Hard Skills)
- Reporting Governance (Hard Skills)
7. Senior Cost Estimator, Apex Development Corp., Tucson, AZ
Job Summary:
- Collects, interprets, analyzes, and transforms various types of data into relevant metrics and reports for end users.
- Validates data sources, transformations, and analysis against reference data to ensure quality, accuracy, and completeness of derived reports.
- Supports Estimators, Resource Planners, and Program Controllers in the application and interpretation of data, for use in estimates/budget calculations.
- Performs risk analysis on estimates by allocating risk profiles to cost elements and running simulations to identify the level of confidence.
- Builds and maintains cost estimate models to accurately calculate and classify project costs according to the given work breakdown structure.
- Uses estimating software to aid the calculation of estimates and to meet estimate reporting requirements.
- Store and maintain past project data in the estimating database (CostFact database) to support future project cost calculations.
- Develops and releases Yard performance reports to Operations and Upper Management on weekly and monthly basis.
- Identifies, connects, and maintains access to shipyard data sources (PowerBI dataflows, IFS, ShipConstructor, E1, Primavera).
Skills on Resume:
- Data Interpretation (Hard Skills)
- Data Validation (Hard Skills)
- Estimation Support (Soft Skills)
- Risk Analysis (Hard Skills)
- Cost Model Building (Hard Skills)
- Estimating Software Use (Hard Skills)
- Database Maintenance (Hard Skills)
- Report Development (Soft Skills)
8. Cost Planner / Estimator, Pioneer Engineering, Fargo, ND
Job Summary:
- Support the wider team in providing commercial and procedural support.
- Developing cost plans and involved in the cost management of national Framework tenders within a variety of public sectors, offering commercial advice on project affordability, cost savings and methods of construction.
- Positively contribute to the improvement in quality of response for all bids and pre-qualifications as well as collating cost and commercial data and maintaining accurate records accordingly.
- Use cost estimating experience to perform technically complex work ensuring that project budgeting is accurate and complete at every stage of the project life-cycle.
- During pre-construction you will be responsible for the development of cost estimates at a level of detail commensurate with the project scope definition of the design documents, following the recommended practices and industry standards.
- Provide independent cost estimates for potential change orders for reference as lead in contractor negotiations for extra work.
- Responsible for working with claims analysts in the quantification of the financial damages incurred by contractors as a result of delays, loss of productivity, cost overruns, and other project impacts.
- Assist with the review of change orders, prepare or review cost estimates, review contractor’s proposals, and participate in negotiations with contractors at a field site
- Perform accurate quantity takeoffs by hand and/or using software enabled applications
- Prepare full or section of project estimates from conceptual design through 100% design, and prepare written basis of estimate report associated with the estimates
- Track market conditions and construction costs
- Organize and manage cost estimating database
- Assist with the development of project scope and communicate scope with key project stakeholders
Skills on Resume:
- Commercial Support (Soft Skills)
- Cost Plan Development (Hard Skills)
- Bid Quality Improvement (Soft Skills)
- Cost Estimation (Hard Skills)
- Pre-Construction Budgeting (Hard Skills)
- Change Order Estimation (Hard Skills)
- Claims Analysis Collaboration (Soft Skills)
- Scope Development Communication (Soft Skills)
9. Cost Estimator, Elite Project Management, Columbia, SC
Job Summary:
- Lead conceptualization, development, and economic evaluation of new distillation technologies
- Interface with Business, Operations and Engineering to understand plant requirements for informing design improvements
- Design, carry out and evaluate laboratory experiments aimed at evaluating the performance of distillation equipment
- Obtain patents and contribute to intellectual property strategy around key new technologies
- Review state-of-the-art developments in distillation technology and champion adoption
- Engage in and lead distillation troubleshooting efforts, including interfacing with operators, reading P&IDs, and tailoring test plans to plant capabilities.
- Preparation and communication of labour and material estimates in support of business activities, using a variety of costing toolsets and techniques
- Monitoring labour and material spend against contract, using uniform/appropriate work breakdown structures
- Supporting planning processes in relation to the management of budget
- Assisting with Budgeting work orders to allow the process to run smoothly
- Assisting with Key events schedule/resource schedule
- Generating and validating company Norm and metrics
Skills on Resume:
- Technology Conceptualization (Hard Skills)
- Cross-Department Collaboration (Soft Skills)
- Experimental Design (Hard Skills)
- Intellectual Property Strategy (Soft Skills)
- Technology Adoption (Soft Skills)
- Troubleshooting Leadership (Hard Skills)
- Cost Estimation (Hard Skills)
- Budget Management Support (Soft Skills)
10. Cost Estimator, Horizon Investments, Little Rock, AR
Job Summary:
- Works with the project team and external consultants to establish construction timing and assess schedule impacts for project specific conditions/objectives.
- Tendering and Contracting: responsible for preparation of RFP’s, assists with scope reviews and extra items to ensure alignment with project parameters, and manages internal trade and material database.
- Prepares preliminary budgets for review and prepares high-level quantity takeoffs to understand the value associated with project changes (both cost and schedule).
- Assists with managing budget allowances and contingencies.
- Conducts ongoing drawing reviews to provide cost assistance by identifying potential cost savings (value engineering) opportunities during all drawing development stages.
- Proactively analyze the possible risks and gaps with recommended solutions.
- Leveraged as a resource to assess the cost for various sustainability targets.
- Helps minimize the financial impact of these measures through proactive value engineering.
- Supports RioCan Living to develop the scope and management of the condo upgrade program.
- Gathers specific data to inform the organization on areas of improvement via strategic relationships or policies to guarantee and potentially improve project pipeline.
Skills on Resume:
- Construction Scheduling (Hard Skills)
- RFP and Contracting (Hard Skills)
- Budget Management (Hard Skills)
- Value Engineering (Hard Skills)
- Risk Mitigation (Soft Skills)
- Sustainability Costing (Hard Skills)
- Scope Development (Soft Skills)
- Data-Driven Strategies (Soft Skills)
11. Cost Estimator, Urban Solutions, Richmond, VA
Job Summary:
- Responsible for quoting requirements for new / transfer programs
- Responsible for communicating competitive sources & pricing pertaining to tooling, resins & components to the Purchasing & Materials Supervisor
- Responsible for articulating quote terms & conditions of products to the Purchasing & Materials Supervisor, Materials Dept. and Quality Dept.
- Responsible for feasibility studies pertaining to new / transfer programs
- Present estimates and conduct review meetings with personnel responsible for Pricing approval
- Establish unit costs, labor rates, productivity factors and location impacts
- Assist plant & materials dept. with cost savings, feasibility studies, continuous improvements, time studies & awarded business
- Responsible to quote 3 suppliers on all tooling, resin and components unless deviation requested
- Responsible to attend QPP meetings with Program Managers & Team
- Responsible to articulate quoted budgets on all tooling, resin, colorant and components to Program Managers and plant personnel
- Responsible for the compilation of pricing breakdown sheets for presentation to the customer
- Responsible for sending the breakdown to the respective sales agent
- Responsible for the organized filing of completed quotes , background information and the update of the quote log
Skills on Resume:
- Quoting Requirements Management (Hard Skills)
- Competitive Pricing Communication (Soft Skills)
- Terms and Conditions Articulation (Soft Skills)
- Feasibility Studies Analysis (Hard Skills)
- Cost Estimation and Review (Hard Skills)
- Supplier Quotation Management (Hard Skills)
- Continuous Improvement Support (Soft Skills)
- Organized Filing and Documentation (Hard Skills)
12. Construction Cost Estimator, Future Builds, Cheyenne, WY
Job Summary:
- Virtually visit project site to evaluate information about access, topography, drainage, and availability of services, confer with architects, engineers and key internal stakeholders
- Clarify project objectives and adjust costs
- Assist in the preparation of detailed cost estimates and budgets
- Analyzing plans and specifications and applying historic cost data and industry trends.
- Initiate the bidding process by developing bid packages, releasing RFPs, conduct virtual pre-bid site walks, respond to RFIs and conduct negotiations.
- Implement a strategy for tracking and organizing new GCs, including pre-quals, types of projects they work on, and areas of service/competitive areas
- Implement a rating system for GCs/Subs in conjunction with a do not use/on pause list. WORKING RELATIONSHIPS
- Interact with other Construction, Planning, and Real Estate Project Managers and personnel
Skills on Resume:
- Project Site Evaluation (Hard Skills)
- Stakeholder Collaboration (Soft Skills)
- Cost Estimation (Hard Skills)
- Data Analysis (Hard Skills)
- Bid Process Management (Hard Skills)
- Strategic Implementation (Soft Skills)
- Contractor Rating System Development (Hard Skills)
- Team Interaction (Soft Skills)