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Become An Estimator/Project Coordinator

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Working As An Estimator/Project Coordinator

  • Getting Information
  • Interacting With Computers
  • Estimating the Quantifiable Characteristics of Products, Events, or Information
  • Analyzing Data or Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • $56,561

    Average Salary

What Does An Estimator/Project Coordinator Do

Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular product or industry.

Duties

Cost estimators typically do the following:

  • Identify factors affecting costs, such as production time, materials, and labor
  • Read blueprints and technical documents in order to prepare estimates
  • Collaborate with engineers, architects, clients, and contractors
  • Calculate, analyze, and adjust estimates 
  • Recommend ways to reduce costs
  • Work with sales teams to prepare estimates and bids for clients
  • Maintain records of estimated and actual costs

Accurately estimating the costs of construction and manufacturing projects is vital to the survival of businesses. Cost estimators provide managers with the information they need in order to submit competitive contract bids or price products appropriately.

Estimators analyze production processes to determine how much time, money, and labor a project needs. Their estimates account for many factors, including allowances for wasted material, bad weather, shipping delays, and other variables that can increase costs and lower profitability.

In building construction, cost estimators use software to simulate the construction process and evaluate the effects of design choices. They often consult databases to compare the costs of similar projects.

The following are examples of types of cost estimators:

Construction cost estimators prepare estimates for a building project. They may calculate the total cost of building a bridge or commercial shopping center, or they may calculate the cost of just one component, such as the foundation. They identify costs of elements such as raw materials and labor, and they may set a timeline for how long they expect the project to take. Although many work directly for construction firms, some work for contractors and engineering firms.

Manufacturing cost estimators calculate the costs of developing, producing, or redesigning a company’s goods or services. For example, a cost estimator working for a home appliance manufacturer may determine a new dishwasher’s production costs, allowing managers to make production decisions.

Some manufacturing cost estimators work in software development. Many high-technology products require a considerable amount of computer programming, and calculating the costs of software development requires great expertise.

Other workers, such as operations research analysts and construction managers, may also estimate costs in the course of their usual duties.

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How To Become An Estimator/Project Coordinator

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.

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Estimator/Project Coordinator Demographics

Gender

Male

61.4%

Female

37.3%

Unknown

1.2%
Ethnicity

White

61.8%

Hispanic or Latino

16.5%

Black or African American

10.9%

Asian

6.8%

Unknown

3.9%
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Foreign Languages Spoken

Spanish

77.8%

Occidental

5.6%

Korean

5.6%

Ukrainian

5.6%

Japanese

5.6%
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Estimator/Project Coordinator Education

Schools

University of Phoenix

11.1%

Montgomery College

7.9%

Delgado Community College

6.3%

Southern New Hampshire University

6.3%

Arizona State University

4.8%

University of Nebraska - Lincoln

4.8%

Central Piedmont Community College

4.8%

University of California - Berkeley

4.8%

Trident Technical College

4.8%

University of Toledo

4.8%

Texas A&M University

4.8%

Northern Virginia Community College

4.8%

Bowling Green State University

4.8%

Middle Tennessee State University

4.8%

Everglades University

4.8%

Central Washington University

3.2%

Ferris State University

3.2%

University of Maryland - University College

3.2%

Western Carolina University

3.2%

Illinois State University

3.2%
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Majors

Business

23.9%

Construction Management

16.3%

Drafting And Design

8.7%

Mechanical Engineering

4.9%

Project Management

4.5%

Civil Engineering

4.5%

General Studies

3.8%

Management

3.8%

Interior Design

3.4%

Accounting

3.4%

Industrial Technology

3.0%

Electrical Engineering

2.7%

Education

2.7%

Computer Science

2.3%

Liberal Arts

2.3%

Property Management

2.3%

Legal Research And Advanced Professional Studies

1.9%

Architecture

1.9%

Legal Support Services

1.9%

Graphic Design

1.9%
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Degrees

Bachelors

37.9%

Other

29.7%

Associate

17.8%

Masters

7.7%

Certificate

5.4%

Diploma

0.9%

Doctorate

0.5%

License

0.2%
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Real Estimator/Project Coordinator Salaries

Job Title Company Location Start Date Salary
Cost Estimation Project Coordinator Ryder Construction Inc. New York, NY Aug 25, 2016 $80,300
Cost Estimation Project Coordinator Ryder Construction Inc. New York, NY Sep 14, 2016 $80,300
Project Coordinator/Cost Estimator DMG Investments LLC New York, NY Nov 30, 2015 $75,000
Estimator/Project Coordinator Signature-Renovations, LLC Alexandria, VA Sep 18, 2013 $70,000
VDC Coordinator/Estimator Austin Commercial L.P. Dallas, TX Sep 06, 2013 $54,300 -
$62,500
Estimator/Project Coordinator Petro Design Build, Inc. Mitchellville, MD Nov 01, 2011 $52,112
Project Coordinator/Cost Estimator CBRE, Inc. CA Sep 18, 2014 $50,000 -
$60,000
Estimator Project Coordinator Trimond Construction, Inc. New York, NY Dec 05, 2014 $49,316
Estimator Project Coordinator Trimond Construction Inc. NY Oct 01, 2013 $49,316
Project Coordinator/Estimator Civil Contracting Corp Ridgefield, NJ Sep 20, 2014 $49,150

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Top Skills for An Estimator/Project Coordinator

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  1. Contractors
  2. Proposals
  3. Bid Packages
You can check out examples of real life uses of top skills on resumes here:
  • Established and maintained relationships with builders, subcontractors, and manufacturers.
  • Gathered accurate information in order to put business proposals together for major builders in order to generate revenue for company.
  • Interpret, clarify, track submitted bids, return/field all calls and coordinate/prepare bid packages
  • Draft Shop Drawings for approval and for field use.
  • Scheduled pre-construction meetings and projects for general contractor for new construction and upgrades of cellular towers.

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Top 10 Best States for Estimator/Project Coordinators

  1. District of Columbia
  2. Wyoming
  3. Massachusetts
  4. Alaska
  5. Hawaii
  6. Washington
  7. Texas
  8. Connecticut
  9. Rhode Island
  10. Oregon
  • (157 jobs)
  • (27 jobs)
  • (576 jobs)
  • (27 jobs)
  • (49 jobs)
  • (449 jobs)
  • (1,109 jobs)
  • (215 jobs)
  • (50 jobs)
  • (190 jobs)

Top Estimator/Project Coordinator Employers

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