Qualifications and Experience
A bachelor's degree is generally required for someone to become a cost estimator. However, a few highly experienced craftsperson may qualify without a bachelor's degree as they will have the on-the-job knowledge as background. Voluntary certification can show competence and experience in the field. There are no set requirements, but experience as an administrator, craftsperson, technician, or surveying assistant in the same industry will be helpful.
Skills
- Excellent maths and IT skills
- Excellent communication, writing and presentation skills
- Project management skills
- Business skills
- System integration estimating experience
- Electrical and Instrumentation panel building estimating experience
- Previous mining and heavy industry estimating experience
- Analytical
- Detailed oriented
- Technical
- Time management
- Negotiation skills
Job Responsibilities
- Consult with industry experts to discuss estimates and resolve issues
- Identify and quantify cost factors, such as production time and raw material, equipment, and labour expenses
- Travel to job sites to gather information on materials needed, labour requirements, and other factors
- Read blueprints and technical documents to prepare estimates
- Collaborate with engineers, architects, owners, and contractors on estimates
- Use sophisticated computer software to calculate estimates
- Evaluate a product's cost effectiveness or profitability
- Recommend ways to make a product more cost effective or profitable
- Prepare estimates for clients and other business managers
- Develop project plans for the duration of the project
- Work with sales teams to prepare estimates and bids for clients
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