CompGeo Salary Survey Benchmark Job Summary and Competencies

Cost Estimators

The Benchmark Job Description below represents the specific Position Characteristics of the job used in the Salary Survey. Benchmark Job Descriptions should be inspected carefully to review the degree of matching between an organizations' Job and the Salary Survey Benchmark. Matching internal Jobs to Salary Survey Benchmark Jobs should not be done on Job Title alone. A thorough comparison of Salary Survey Benchmark to Internal Job Descriptions is recommended. A good overlap should exist on any comparisons used on critical Job Dimensions and Competencies.
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
Summary Job Description Tasks
Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured. 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, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues.
 
Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates.
 
Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
 
Prepare estimates 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 at regular intervals for the duration of the project.
 
Prepare and maintain a directory of suppliers, contractors and subcontractors.
 
Set up cost monitoring and reporting systems and procedures.
 
Establish and maintain tendering process, and conduct negotiations.
 
Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction.
 
Visit site and record information about access, drainage and topography, and availability of services such as water and electricity.
 
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
Important Knowledge Competencies Competency Description
Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
 
Engineering and Technology Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
 
English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
 
Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
 
Computers and Electronics Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
 
Administration and Management Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
 
Design Knowledge of design techniques, tools, and principles involved in production of precision technical plans, blueprints, drawings, and models.
 
Production and Processing Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
 
Building and Construction Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
 
Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
 
Mechanical Knowledge of machines and tools, including their designs, uses, repair, and maintenance.
 
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
Important Skill Competencies Competency Description
Mathematics Using mathematics to solve problems.
 
Speaking Talking to others to convey information effectively.
 
Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
 
Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
 
Judgment and Decision Making Considering the relative costs and benefits of potential actions to choose the most appropriate one.
 
Reading Comprehension Understanding written sentences and paragraphs in work related documents.
 
Management of Financial Resources Determining how money will be spent to get the work done, and accounting for these expenditures.
 
Complex Problem Solving Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
 
Writing Communicating effectively in writing as appropriate for the needs of the audience.
 
Systems Analysis Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
 
Active Learning Understanding the implications of new information for both current and future problem-solving and decision-making.
 
Social Perceptiveness Being aware of others' reactions and understanding why they react as they do.
 
Coordination Adjusting actions in relation to others' actions.
 
Persuasion Persuading others to change their minds or behavior.
 
Time Management Managing one's own time and the time of others.
 
Monitoring Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
 
Negotiation Bringing others together and trying to reconcile differences.
 
Systems Evaluation Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
 
Management of Material Resources Obtaining and seeing to the appropriate use of equipment, facilities, and materials needed to do certain work.
 
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
Important Ability Competencies Competency Description
Number Facility The ability to add, subtract, multiply, or divide quickly and correctly.
 
Mathematical Reasoning The ability to choose the right mathematical methods or formulas to solve a problem.
 
Oral Comprehension The ability to listen to and understand information and ideas presented through spoken words and sentences.
 
Oral Expression The ability to communicate information and ideas in speaking so others will understand.
 
Written Comprehension The ability to read and understand information and ideas presented in writing.
 
Deductive Reasoning The ability to apply general rules to specific problems to produce answers that make sense.
 
Inductive Reasoning The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
 
Speech Clarity The ability to speak clearly so others can understand you.
 
Speech Recognition The ability to identify and understand the speech of another person.
 
Written Expression The ability to communicate information and ideas in writing so others will understand.
 
Information Ordering The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
 
Near Vision The ability to see details at close range (within a few feet of the observer).
 
Fluency of Ideas The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
 
Problem Sensitivity The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
 
Category Flexibility The ability to generate or use different sets of rules for combining or grouping things in different ways.
 
Selective Attention The ability to concentrate on a task over a period of time without being distracted.
 
Originality The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.
 
Flexibility of Closure The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.
 
Perceptual Speed The ability to quickly and accurately compare similarities and differences among sets of letters, numbers, objects, pictures, or patterns. The things to be compared may be presented at the same time or one after the other. This ability also includes comparing a presented object with a remembered object.
 
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
Tools/Technology Example Product Category
Apple AppleWorks Spreadsheet software
 
Assured Software JPP Project management software
 
Business Objects Crystal Reports Data base reporting software
 
CPR International GeneralCOST Estimator Accounting software
 
CPR International Visual Estimator Financial analysis software
 
Choice Job Cost Accounting software
 
Computer aided design CAD software Computer aided design CAD software
 
Construction Management Software ProEst Analytical or scientific software
 
Corel QuattroPro Spreadsheet software
 
Cost accounting software Accounting software
 
Cost estimation software Financial analysis software
 
Decisioneering Crystal Ball Analytical or scientific software
 
Galorath SEER software Project management software
 
Galorath SEER-SEM Project management software
 
HCSS HeavyBid Project management software
 
HCSS HeavyJob Project management software
 
IBM Costimater Financial analysis software
 
IBM Lotus 1-2-3 Spreadsheet software
 
Intuit QuickBooks software Accounting software
 
Microsoft Access Data base user interface and query software
 
Microsoft Excel Spreadsheet software
 
Microsoft Outlook Electronic mail software
 
Microsoft Project Project management software
 
Microsoft Word Word processing software
 
National Job Cost software Accounting software
 
PRICE Sytems TruePlanning Financial analysis software
 
Palisade @Risk Financial analysis software
 
Primavera Cost Management Financial analysis software
 
QSM SLIM Analytical or scientific software
 
Resources Calculations Incorporated SoftCost Analytical or scientific software
 
SAP software Enterprise resource planning ERP software
 
Sage Master Builder Project management software
 
Sage Timberline Office software Accounting software
 
Softstar Costar COCOMO II Financial analysis software
 
Software AG software Data base reporting software
 
Spreadsheet software Spreadsheet software
 
WinEstimator WinEst Analytical or scientific software
 
Xactware Xactimate Project management software
 
Desktop computers Desktop computers
 
Notebook computers Notebook computers
 
Personal computers Personal computers
 
Personal digital assistants PDA Personal digital assistant PDAs or organizers
 
Scanners Scanners
 
Tablet computers Tablet computers
 
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
Prerequisite Qualification Category Education and Experience Level
Required Level of Education Bachelor's Degree
 
On-the-Job Training Over 6 months, up to and including 1 year
 
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
Alternate Job Title(s)
Building Construction Estimator
Building Estimator
Construction Estimator
Construction Job Cost Estimator
Cost Analyst
Cost Estimator
Cost Recovery/Investment Recovery Technician
Crating and Moving Estimator
Design Consultant
Electrical Estimator
Environmental Marketing Specialist
Estimator
Estimator Project Manager
Job Cost Estimator
Job Estimator
Operations Manager
Procurement Technician
Production Cost Estimator
Project Manager
Quantity Surveyor
Sales Engineer
 
CompGeo Occupation Group: Management
Job Family: Construction Managment
Benchmark Title: Cost Estimators
 
 
.
 
CompGeo Professional Salary Survey and Total Compensation Forecast Options
 
Professional Total Compensation Forecast Library
Regional Online Access Subscription Options. Online Salary Survey Forecast Library Subscriptions include Access To All 23 CompGeo Salary Survey Career Occupation Groups covering thousands of Salary Survey Benchmarks with Salary and Compensation Forecasts over a eight year time period - an unmatched feature in the Salary and Compensation Forecast Business Realm.. Direct Pay, Fringe Benefit Costs and Total Compensation Forecasts included. Compensation Forecasts are present for all CompGeo Salary Survey Benchmarks along with Salary Survey Aging Factors for ea ch Projection Date. All Salary Survey Forecast Reports include a Companion Excel Salary Survey Forecast Data Sheet.
 
CompGeo Professional Salary Survey Report and Forecast Samples
CompGeo Salary Survey Report Samples
Samples and Pricing for all CompGeo Online Professional Report and Online Forecast Library Subscription Options.
 
 
 
Copyright © 1995 - 2018 International Compensation Technologies and The Clayton Wallis Company.
All Rights Reserved World Wide ictcw.com
Member, WorldatWork - Formerly American and Canadian Compensation Associations (ACA/CCA)