Cost Estimator Job Description

What is the job description of a Cost Estimator? What are the duties and responsibilities of a Cost Estimator? What does a Cost Estimator do?

Job description of a Cost Estimator

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 industry or type of product. Accurately predicting the cost, size, and duration of future construction and manufacturing projects is vital to the survival of businesses.

Cost estimators’ calculations give managers or investors this information. When making calculations, estimators analyze many inputs in order to determine how much time, money, and labor a project needs and how profitable it will be. These estimates have to take many factors into account, including allowances for wasted material, bad weather, shipping delays, and other factors that can increase costs and lower profitability.

This Cost Estimator job description example includes the list of most important Cost Estimator duties and responsibilities as shown below. It can be modified to fit the specific Cost Estimator profile you're trying to fill as a recruiter or job seeker.

Cost Estimator Duties and Responsibilities

Cost Estimator job description should contain a variety of functions and roles including:

  • Use computer software to calculate estimates
  • Evaluate a product’s cost-effectiveness or profitability
  • Develop project plans for the duration of the project
  • Travel to job sites to gather information on materials needed, labor required, and other factors
  • Consult with industry experts to discuss estimates and resolve issues
  • Read blueprints and technical documents in order to prepare estimates
  • Collaborate with engineers, architects, clients, and contractors on estimates
  • Recommend ways to make a product more cost effective or profitable
  • Identify and quantify cost factors, such as production time, materials, and labor expenses
  • Work with sales teams to prepare estimates and bids for clients

Cost Estimator Requirements / Skills / Qualifications

Cost Estimator job description should include these common skills and qualifications:

  • Bachelor’s degree in Engineering, Construction Management or similar field.
  • Proven work experience as a Cost Estimator.
  • Advanced knowledge of construction and engineering processes.
  • High-level mathematical skills.
  • Ability to read and interpret blueprints.
  • Good verbal and written communication skills.
  • Advanced analytical skills.
  • Proficient with computer estimation software.
  • Good project management skills.
  • Ability to travel.

As a hiring manager, recruiting an ideal Cost Estimator starts with crafting a good job description. Use this Cost Estimator job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Cost Estimator may also reference it in preparation for the interview.