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Become A Project Estimator

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Working As A Project Estimator

  • 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

  • $49,387

    Average Salary

What Does A Project Estimator Do At Kinder Morgan

* Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
* Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
* Consult with clients, vendors, and company personnel to discuss and formulate estimates and resolve issues.
* Confer with engineers, contractors and subcontractors on changes and adjustments to cost estimates.
* Prepare estimates used by management for purposes such as planning, organizing, and scheduling and bidding of projects.
* Prepare estimates and cost saving analysis for use in selecting vendors or subcontractors.
* Review material and labor requirements, to decide whether it is more cost-effective to produce or purchase components.
* Prepare cost and expenditure statements and other necessary documentation as needed for project implementation in conjunction with the Corporate Procurement Department
* Prepare and maintain a directory of suppliers, contractors and subcontractors.
* Set up cost monitoring and reporting systems and procedures.
* Establish and maintain effective vendor relationships and conduct appropriate negotiations.
* Conduct special studies to develop and establish standard hour and related cost data in efforts to reduce company cost while not impacting product quality.
* Review previous project performance and incorporate lessons learned into estimates.
* Position Requirements

What Does A Project Estimator Do At Belcan

* Utilize the company approved costing methodology, data and systems to present estimate results in a detailed breakdown format suitable for use by the project manager and the project team.
* Prepare cost estimates assuring that all necessary costs are detailed and included in the estimate.
* Attend client pre-bid meeting and job showing, visit the job sites, and keep a record of all verbal information disseminated by the client during the pre-bid meeting and job showing.
* Prepare project cost estimate from the client's RFQ documents and drawings and any other information learned during the pre-bid showing.
* Maintain meticulous cost estimating tools including databases, spreadsheets, and other computer-based applications to keep up dated information on past performance and industry standards.
* Maintain lines of communications between company departments, project manager and client with regard to cost estimating activities.
* Assist project manager on alternative project execution approaches based on the scope of work and the most cost effective execution methods available

What Does A Project Estimator Do At Interstates Control Systems Inc.

* Reviewing and analyzing bid specifications, bid drawings and other bid documents to prepare estimatesDeveloping the proposal timelinesTraveling to pre or post bid meetingsBuilding complete estimates of all services provided by ICSIAssisting Sales team with negotiations, competitive analysis, new projects, and client communicationAssisting in upgrading and devising new estimating methods and toolsQualifications for this position:2 or 4 year degree in automation, business, computer science, or engineeringDesire to learn about automation/information technology/business intelligence servicesStrong MS Excel skillsCollaboration with vendors, clients, and various internal departmentsStrong attention to detailAbility to travel up to 35% varying on business needsInterstates Control Systems has been awarded the Control Engineering 2010 System Integrator of the Year and has been a Certified CSIA Integrator since 2003.
* We offer a competitive salary and great benefits, focus on the training and development of our team members, and our business growth will provide you with consistent challenge and career development opportunities
* Interstates is an Equal Opportunity/Affirmative Action Employer and provides a drug free work environment.
* All applicants will receive consideration for employment without regard to age, race, gender, creed, color, sex, sexual orientation, gender identity or expression, national origin, religion, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws.
* Interstates complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities.
* A copy of our AAP is available upon request during regular business

What Does A Project Estimator Do At Kforce

* Support project sponsors in development of conceptual estimates; collaborate with engineering, project management, and other stakeholders in the development of the detailed project scope of work; prepare detailed project cost estimates based on the approved scope of work
* Interface with planning, engineering, project engineering/management, outage management, construction, and operating company personnel to identify/initiate, scope, status and follow-up estimate efforts (if necessary); This role includes providing recommendations and guidance to interfacing groups/individuals regarding estimate approach and input requirements
* Develop and analyze historical records of project costs; review and critique designs and specifications for cost effectiveness and suggests alternatives when appropriate
* Adhere to standard processes and procedures for estimating; review estimate basis and assumptions for completeness and reasonableness Work with functional departments and service organization to develop services labor estimates
* Provide technical direction and guidance regarding estimate approach/development, assumptions/qualifications and resolution of estimate issues
* Assist with maintaining the integrity of the estimating software and associated resource and assembly cost data
* Demonstrate the highest standards of ethical behavior and support the company's Corporate Compliance Policy
* Develop effective leadership, team building, and meeting management skills
* Develop a high-level of confidence in the ability to lead a team and a project to successful conclusion
* Develop outstanding communication skills, both written and verbal, with all stakeholders including team members, sponsors, management and senior management
* To be considered for this position, candidates must have experience in a similar role or they must possess significant knowledge, experience, and abilities to successfully perform the responsibilities listed.
* Relevant education and/or training will be considered a plus

What Does A Project Estimator Do At Black & Veatch

* Responsible for conceptual estimating, cost analysis and estimate coordination and consolidation
* Reviews the design scope and develop quantities
* Performs productivity analysis of estimates, prepare contingency, escalation and reconciliations for estimates
* Prepares contingency, escalation and reconciliations for estimates
* Performs comparisons of scope, quantities and cost data between projects
* Prepares management presentations and develop the estimate basis
* Updates and maintain historical cost data
* Reviews designs and specifications for cost effectiveness and suggests alternatives where appropriate.
* Supports continuous improvement efforts and the change management effects associated with the implementation of improvements.
* Individual contributor with no subordinates

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How To Become A Project Estimator

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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Project Estimator jobs

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Real Project Estimator Salaries

Job Title Company Location Start Date Salary
Senior Project Estimator Safway Atlantic, LLC Carlstadt, NJ Apr 17, 2015 $172,682
Project Estimator Principal Walt Disney Parks and Resorts U.S., Inc. Glendale, CA Aug 15, 2016 $140,000
Project Estimator Reidy Contracting Group LLC New York, NY Mar 17, 2014 $107,510
Project Estimator Reidy Contracting Group LLC New York, NY Mar 21, 2014 $107,510
Senior Project Estimator II Bechtel Oil, Gas & Chemicals, Inc. Houston, TX Oct 01, 2010 $102,107 -
$111,240
Project Estimator Willbros United States Holdings, Inc. Houston, TX Aug 26, 2013 $100,000
Project Estimator Sky Materials Corp. NY Sep 03, 2015 $100,000
Construction Project Estimator FLBE Inc. Herndon, VA Feb 20, 2015 $97,739
Project Estimator J.T. Magen & Company, Inc. New York, NY Sep 23, 2013 $95,000
Project Estimator Richter and Ratner Contracting Corp. New York, NY Jul 15, 2015 $92,000
Project Estimator Kitchell Contractors, Inc. of Arizona Phoenix, AZ Sep 25, 2015 $90,000
Project Estimator Kitchell Contractors Del Mar, CA Sep 05, 2016 $90,000
Project Estimator Kitchell Contractors Del Mar, CA Apr 04, 2016 $90,000
Project Estimator/Planner Enovity, Inc. San Francisco, CA Dec 12, 2011 $87,500
Integrated Project Delivery Estimator Satterfield & Pontikes Construction, Inc. Irving, TX Nov 07, 2014 $80,230
Project Estimator FH Martin Constructors Warren, MI Jun 04, 2008 $80,000
Project Estimator Black & Veatch Corporation Overland Park, KS Dec 14, 2015 $77,397 -
$125,700
Project Estimator Lead Contico Corp Edison, NJ Oct 02, 2012 $75,000
Project Estimator Lead Contico Corp Edison, NJ May 07, 2012 $75,000
Project Estimator Cg Power Solutions USA, Inc. Albany, NY Oct 26, 2013 $72,481
JR. Project Estimator Ks Engineers, P.C. Newark, NJ Sep 20, 2015 $70,720
Project Estimator Minkoff Company Inc. Beltsville, MD Mar 02, 2012 $57,593
Junior Project Estimator Ks Engineers, P.C. Newark, NJ Sep 20, 2012 $56,432
Infrastructure Project Estimator Keller & Kirkpatrick, Inc. Morris Plains, NJ Sep 06, 2012 $56,000
Project Estimator J.T. Magen & Company, Inc. New York, NY Sep 27, 2010 $55,000
Project Estimator J.T. Magen & Company, Inc. New York, NY Sep 23, 2010 $55,000
Project Estimator J.T. Magen & Company, Inc. New York, NY Sep 22, 2010 $55,000
Project Estimator J.T. Magen & Company, Inc. New York, NY Sep 20, 2010 $55,000
Project Estimator Reidy Contracting Group LLC New York, NY Aug 10, 2014 $55,000

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Top Skills for A Project Estimator

BidProposalsGeneralContractorsProjectScopeProjectManagementConstructionProjectsSafetyCADSubContractorsArchitecturalDrawingsProjectCostFacilityHvacRFICustomerServiceProjectEstimatesNewConstructionBidPackagesCostAnalysisLumpSUMValueEngineering

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Top Project Estimator Skills

  1. Bid Proposals
  2. General Contractors
  3. Project Scope
You can check out examples of real life uses of top skills on resumes here:
  • Developed a systematic method which provided consistency for bid proposals and signified a reduction in errors
  • Work directly with general contractors regarding project requirements, scope of work, and proposal reviews.
  • Conduct job site meetings with owners, property managers and subcontractors for project scope of work and special needs.
  • Estimated residential renovations, performed project management on renovations, worked as a carpenter
  • Summer 2013 Determined validity and potential value of various commercial and industrial construction projects by evaluating detailed architectural and civil drawings.

Top Project Estimator Employers