What does a cost estimator do in construction?

What does a cost estimator do in construction?

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 calculate these estimates accurately.

What is an estimator job description?

Estimator Job Duties: Prepares work to be estimated by gathering proposals, blueprints, specifications, and related documents. Identifies labor, material, and time requirements by studying proposals, blueprints, specifications, and related documents. Computes costs by analyzing labor, material, and time requirements.

What skills do you need to be a cost estimator?

Cost estimators should also possess the following specific qualities:

• Analytical skills. Accurately evaluating detailed specifications is crucial to a cost estimator’s success.
• Detail oriented.
• Technical skills.
• Time-management skills.
• Writing skills.

How much do construction estimators make per year?

How Much Does a Cost Estimator Make? Cost Estimators made a median salary of $65,250 in 2019. The best-paid 25 percent made $86,080 that year, while the lowest-paid 25 percent made $51,300.

Do construction estimators make good money?

Average Salary for a Construction Estimator Construction Estimators in America make an average salary of $65,111 per year or $31 per hour. The top 10 percent makes over $91,000 per year, while the bottom 10 percent under $46,000 per year.

What are the roles and responsibilities of estimator?

The role of an Estimator

• Finding out what the client wants.
• Researching materials, equipment and labour costs.
• Gathering quotes from sub contractors and suppliers.
• Assessing the levels of risk on a project.
• Analysing company data, exchange rates and prices using software packages.

Is a construction estimator a good job?

Analytical skills and the ability to make quick decisions are a must. What makes it great? Not only is the money good, there’s also an increasing call for estimators as companies make more of an effort to keep costs in check, which brings job security.

Are construction estimators in demand?

In Alberta, the 2234: Construction estimators occupational group is expected to have a below-average annual growth of 1.8% from 2019 to 2023. In addition to job openings created by employment turnover, 78 new positions are forecasted to be created within this occupational group each year.

How do you estimate construction?

10 Steps to estimate construction projects

1. Choose the Right Work to Bid.
2. Reviewing Construction Specifications.
3. Reviewing Construction Drawings.
4. Performing a Construction Takeoff.
5. Creating your Construction Estimate.
6. Determining Overhead and Profit.
7. Building your Construction Proposal.
8. Construction Contract Basics.

How do construction estimators get paid?

The average hourly salary for a traditional workweek for a construction estimator is $35.44. For example, did you know that they make an average of $31.3 an hour? That’s $65,111 a year! Between 2018 and 2028, the career is expected to grow 9% and produce 18,700 job opportunities across the U.S.

Is estimating a stressful job?

As estimators, your team is responsible for procuring new work for your construction company. It’s a lot of responsibility and pressure, and as every estimator knows, the job can be stressful. Construction estimating software can help simplify your work and provide a safeguard against costly errors.

What is the main job of estimator?

They are responsible for identifying every single cost that goes into a project. A few of the main duties of an estimator are helping the sales team create a proposal, tracking the costs of a project, understanding customer specifications, and proposing a final budget for a project.