Cost Estimator

A Cost Estimator analyzes and estimates the costs involved in constructing, manufacturing, or providing a service. They play a crucial role in determining the financial feasibility of projects and ensuring budgets are effectively managed.

Cost Estimators gather and analyze data related to project specifications, materials, labor costs, and other factors that influence expenses. This involves reviewing blueprints, conducting site visits, and consulting with engineers and contractors to understand project requirements thoroughly.

They use specialized software and mathematical models to calculate the projected costs accurately, breaking down the project into measurable units, applying cost formulas, and adjusting estimates based on variables like market conditions and project timelines. Their goal is to provide realistic cost projections that align with project goals and financial constraints.

Cost Estimators also prepare detailed reports and presentations that outline their findings and recommendations. These documents are crucial for stakeholders, including project managers and clients, to make informed decisions about budget allocations and resource planning.

Want to use your analytical skills to contribute to successful construction project outcomes?

Join us as a Cost Estimator and play a critical role in our project team!

In this position, you'll meticulously gather and analyze data, including project specifications, materials costs, and labor expenses, to produce detailed and reliable cost estimates.

As a key decision-maker, you'll ensure our projects remain financially viable by forecasting and managing budgets effectively, supporting our commitment to delivering projects on time and within budget.

Collaborating closely with engineers, contractors, and project managers, you'll communicate your findings clearly and concisely, contributing to informed decision-making for our business growth and success.

• Analyze project drawings and specifications to prepare accurate cost estimates
• Identify and quantify cost factors such as materials, labor, and equipment for project bids
• Utilize cost databases and pricing systems to compile comprehensive estimates
• Collaborate with project managers and engineers to understand project requirements
• Evaluate subcontractor and supplier quotes for competitiveness and accuracy
• Present and defend estimates to management and clients during bid reviews
• Track cost data and update estimates throughout the project lifecycle
• Conduct post-project cost analysis to identify areas for cost savings and efficiency improvements
• Ensure compliance with project budgets and financial targets
• Participate in project risk analysis and contingency planning
• Stay updated on industry pricing trends, labor rates, and material costs
• Assist in value engineering exercises to optimize project costs
• Prepare and maintain documentation of all estimating activities
• Coordinate with the procurement team to secure necessary resources at competitive prices
• Support the finance department in budget forecasting and variance analysis

• Achieved an average project cost accuracy close to actual costs.
• Increased bid-to-award ratio through competitive and accurate bidding.
• Reduced project cost overruns through effective cost-control measures.
• Successfully met project budget constraints on the majority of projects.
• Improved cost-estimating efficiency with new tools or processes.
• Generated regular cost reports and analysis for management.
• Contributed to overall company profitability through optimized costs.

• Bachelor’s degree in Engineering, Construction Management, or related field
• Proven experience as a Cost Estimator in the construction industry
• Proficiency in construction estimating software such as RSMeans or ProEst
• Strong analytical and mathematical skills
• Attention to detail and accuracy in cost calculations
• Knowledge of construction materials, methods, and processes
• Exceptional problem-solving abilities
• Solid understanding of project management principles
• Excellent communication and presentation skills
• Ability to work under pressure and meet tight deadlines