Project Estimator Job Description

A Sample Job Description for a Project Estimator

A project estimator is someone who is responsible for accurately calculating the total costs associated with the construction of a new project or the development of a new product. It may include completing tasks such as identifying and understanding project requirements, determining key variables, conducting research, looking up or checking on offers from vendors and subcontractors, and estimating manpower needs. The project estimator is expected to plan and monitor projects efficiently within the department, and to work with the team members to reach the project objectives.

The main responsibility of a project estimator is to manage the operation of projects from conception to execution, to ensure that clear areas of duties are defined and areas of dependency are monitored and delivered upon. Other tasks that are included in the project estimate work description include obtaining and critically reviewing offers and quotes by vendors or subcontractors, performing a risk analysis, implementing the use of relevant software for datanalysis, forecasting and budgeting, and preparing general reports and recommendations to clients. To be considered for the project estimating job, you need to have a Bachelor's degree in Engineering or Construction Science, or a related discipline, with adequate professional experience.

If you have worked as a project estimator before or are currently working in that role, you will need to describe your experience in your resume. Adding the professional or job experience section to your resume will help you show the recruiter the kind of duties and responsibilities you have performed working as a project estimator. To complete the professional experience part of your resume, you need a sample project estimator job description that gives the duties and responsibilities of the role that you can use.

A Review of Professional Estimators

An Estimator can provide prices for everything from a one-off scheme to regular maintenance projects which will be completed over several years. Ensuring that the contract can be carried out profitably is one of the things an Estimator is concerned with. Quality of the service and cost are what clients now award contracts for.

Quality is looked at when bidding for new work. Estimators can become an Estimator via several routes, but it is normal for an Estimator to have initially worked in a different work stream before identifying Estimating as their career path. Smaller companies give you more responsibility and exposure in a shorter time.

A larger company tends to offer a clearer path to career progression and larger and higher profile projects, as well as the opportunity to work on larger and higher profile projects. A car allowance is usually given on top of the salary as part of a package, which can also include a pension scheme and private medical insurance. Some employers will offer travel expense as well as travel allowance for the sole purpose of hiring a professional estimator.

A Resume Examples for a Junior Estimator

A junior estimator is responsible for helping the senior estimator calculate the cost of labor materials for a construction project or any other type of manufacturing project. A junior estimator is a person who is responsible for preparing initial cost estimates for the needed services and products, developing price schedules and bid proposals, and examining or analyzing the technical aspects of a project. The junior estimator work description also involves assisting contractors to make effective decisions in order to successfully win bids, as well as reviewing data and documents such as analysis reports, and seeking more orders and also subcontracts.

To become a junior estimator, you need to have certain skills such as good customer service skills, good time management and scheduling skills, and the ability to work under constant pressure. If you have worked as a junior estimator are currently working in that role, you should include the professional experience section your resume. The junior estimator position has a job description that includes duties and responsibilities, so you can use that to create a professional or work experience section your resume.

Developing your career in construction

Estimators who are focused on new construction are required to be able to read and understand plans. They must be able to complete take-offs. The take-offs are the process of removing the information that is needed to make a competent bid.

The final price for the project is arrived at when the information is entered into the company estimating system. Estimators are required to have good math skills. Simple math skills are used to develop bids and estimates.

Estimators need to be very detail oriented. Building a career as a construction estimator requires attention to detail. Projects failing are caused by overlooking key information.

A lot of information is needed to develop a construction estimate. Estimators must be able to consider a number of aspects when developing estimates. Candidates for construction estimating need to be able to gather information from the site and design a solution that complies with the requirements of the building owner, the building code, the product manufacturer and the insurance company.

Both residential and commercial estimating have the same foundation. Both require successful estimators to have strong math skills and a high attention to detail. The performance of the job can be affected by details that are overlooked.

Work-from home construction cost estimator

Estimators estimate the price of a project based on drawings and specifications. They are the factors that determine whether a company will win or lose a project bid. Estimators need to have good analytical and mathematical skills.

Solid communication skills are required as they work with other construction specialists. They work with construction designers to review project plans. Estimators need to view the designs to make sure they don't miss important details.

There is nothing like "one size fits all" when it comes to project costs. Every project is unique in its size, materials, cost, functions, and deadlines. An estimator's role is crucial in any project.

The weight of the materials is one of the things that construction cost estimators must consider when calculating the cost of a project. The risk of overages can be minimized with care, as the materials on a takeoff can be quantified. Other aspects of an estimator's job require assessing a variety of potential risks and factors that aren't as black and white as a takeoff.

The initial cost estimate can't match the final price tag of a construction project. Stakeholders make important decisions on a project's profitability and feasibility with cost estimating. The cost estimator's report is used to make the procurement of a project's financing.

Experience in Estimation

The estimator has the responsibility of considering all the relevant information about each building project and deciding how much it would cost to meet the client's needs. They would need to compete for the work. The winning bid is not always the cheapest one.

Estimators often submit a quality report, which they may have helped to write, if they only submit budgetary costs and analysis. Estimators are called cost engineers. They can be found in a variety of different firms.

As an Estimator, you could be estimating for a school, road, bridge, shopping centre, residential area or sewage works. Estimators may be involved in small, one-off projects or larger, long-term projects. If you want to become an estimator, you need to have work experience.

Employers would like you to have experience in managing construction projects and be familiar with the industry. Studying and completing a relevant work experience is beneficial. If you get a job as an administrator, you can progress to become an estimator, as the firm that employs them also employs estimators.

Value Engineering in the Construction Industry

Estimators perform one of the most important jobs in the construction industry to reduce financial risk before a project begins. Estimating is one of the most difficult tasks in the industry due to the complexity and unpredictable nature of construction. If you can't develop an accurate estimate, you will be stuck with cost overruns and delays, or you can finish the project on time and under budget.

The standard five phases of the design process coincide with the five tiers of estimate. They are called tiers because they grow in complexity as the design is finalized. Sometimes all of them will be used in a project.

In a design-build process, the estimators are on board from the conceptual phase of design and will use each estimate level along the way. An Architect might pull an Estimor into a project at some point along the design process to check that they are within budget. The contractor only gets one shot in traditional bidding, based on the final construction documents.

Accurate Cost Estimation

Accurate cost estimates are required for successful projects. Cost estimates help you to achieve project objectives within the approved timelines and budget. Estimators use defined techniques to create cost estimates that are used to assess the financial feasibility of projects, to budget for project costs, and to monitor project spending.

An accurate cost estimate is important for a number of reasons, including deciding whether to take on a project, determining a project's scope, and ensuring that projects remain financially feasible and avoid cost overruns. An order of magnitude estimate is a rough cost estimate that was created before a project was defined. It is based on the expert's judgement and the costs of similar projects.

A range of costs is presented as an order of magnitude estimate. % to 75. The actual cost is divided by the %.

When a project is limited, an intermediate estimate can be created using a technique called a stochastic or a parametric one. The main purpose is to determine project feasibility based on the general project concept. A preliminary estimate is created when the project deliverables are not yet complete.

Preliminary estimates are accurate enough to be used for project financing. The project budgets are authorized based on the estimate. A definitive estimate is drafted when the scope and tasks are almost complete.