A bachelor’s degree is generally required to become a cost estimator, although some highly experienced construction workers may qualify without a bachelor’s degree.
Education
Employers generally prefer candidates who have a bachelor’s degree. A strong background in mathematics is essential.
Construction cost estimators typically need a bachelor’s degree in an industry-related field, such as construction management, building science, or engineering.
Those interested in estimating manufacturing costs typically need a bachelor’s degree in engineering, business, or finance.
Training
Some newly hired cost estimators may receive on-the-job training, depending on their experience. Training may include learning a company’s cost-estimating software and techniques.
Work Experience in a Related Occupation
Some employers prefer that construction cost estimators, particularly those without a bachelor’s degree, have previous work experience in the construction industry. For example, experienced electricians and plumbers can become construction cost estimators if they have the necessary construction knowledge and math skills.
Candidates interested in becoming cost estimators can also gain experience through internships and cooperative education programs.
Licenses, Certifications, and Registrations
Voluntary certification can show competence and experience in the field. In some instances, employers may require professional certification before hiring.
The following organizations offer a variety of certifications:
- American Society of Professional Estimators
- Association for the Advancement of Cost Estimating International
- International Cost Estimating and Analysis Association
Estimators must generally have at least 2 years of estimating experience and must pass a written exam to become certified.
Important Qualities
Analytical skills. Cost estimators consider and evaluate different construction and manufacturing methods and options to determine the most cost-effective solution that meets the required specifications.
Detail oriented. Cost estimators must pay attention to details, as minor changes can significantly affect the overall cost of a project or product.
Math skills. Cost estimators calculate labor, material, and equipment cost estimates for construction projects. They use software, such as spreadsheets and databases, and they need excellent math skills to accurately calculate these estimates.
Time-management skills. Cost estimators often work on fixed deadlines, so they must plan their work in advance and work efficiently and accurately.
Writing skills. Cost estimators write comprehensive reports, which often help managers make production decisions.