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Daily Tasks
| 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. | | Conduct special studies to develop and establish standard hour and related cost data or to effect cost reduction. | | Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates. | | Consult with clients, vendors, personnel in other departments or construction foremen to discuss and formulate estimates and resolve issues. | | Establish and maintain tendering process, and conduct negotiations. | | Prepare and maintain a directory of suppliers, contractors and subcontractors. | | Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project. | | Prepare estimates for use in selecting vendors or subcontractors. | | Prepare estimates used by management for purposes such as planning, organizing, and scheduling work. | | Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components. | | Set up cost monitoring and reporting systems and procedures. | | Visit site and record information about access, drainage and topography, and availability of services such as water and electricity. |
Daily Work Activities
| Analyze financial data. | | Use cost benefit analysis techniques. | | Bid engineering, construction or extraction projects. | | Compute financial data. | | Estimate cost for engineering projects. | | Estimate materials or labor requirements. | | Estimate time needed for project. | | Evaluate material specifications. | | Understand engineering data or reports. | | Interpret maps for architecture, construction, or engineering project. | | Negotiate business contracts. | | Estimate time or cost for installation, repair, or construction projects. | | Advise clients on financial matters. | | Understand construction specifications. | | Read blueprints. | | Read specifications. | | Understand technical operating, service or repair manuals. | | Convert design specifications to cost estimates. | | Use spreadsheet software. | | Use statistical cost estimation methods. | | Use computers to enter, access and retrieve financial data. | | Compile data for financial reports. | | Prepare financial reports. | | Monitor operational budget. | | Identify supplier with best bid. | | Prepare periodic reports comparing budgeted costs to actual costs. | | Confer with vendors. | | Analyze technical data, designs, or preliminary specifications. | | Analyze budgets. | | Prepare cost estimates. | | Estimate production costs. | | Compute cost estimates of construction or engineering projects. |
Other Work Activities
| Communicating with Persons Outside Organization | Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail. | | Communicating with Supervisors, Peers, or Subordinates | Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person. | | Coordinating the Work and Activities of Others | Getting members of a group to work together to accomplish tasks. | | Developing and Building Teams | Encouraging and building mutual trust, respect, and cooperation among team members. | | Establishing and Maintaining Interpersonal Relationships | Developing constructive and cooperative working relationships with others, and maintaining them over time. | | Estimating the Quantifiable Characteristics of Products, Events, or Information | Estimating sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity. | | Getting Information | Observing, receiving, and otherwise obtaining information from all relevant sources. | | Guiding, Directing, and Motivating Subordinates | Providing guidance and direction to subordinates, including setting performance standards and monitoring performance. | | Identifying Objects, Actions, and Events | Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events. | | Making Decisions and Solving Problems | Analyzing information and evaluating results to choose the best solution and solve problems. | | Monitor Processes, Materials, or Surroundings | Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems. | | Organizing, Planning, and Prioritizing Work | Developing specific goals and plans to prioritize, organize, and accomplish your work. | | Performing for or Working Directly with the Public | Performing for people or dealing directly with the public. This includes serving customers in restaurants and stores, and receiving clients or guests. | | Resolving Conflicts and Negotiating with Others | Handling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others. | | Scheduling Work and Activities | Scheduling events, programs, and activities, as well as the work of others. | | Selling or Influencing Others | Convincing others to buy merchandise/goods or to otherwise change their minds or actions. | | Updating and Using Relevant Knowledge | Keeping up-to-date technically and applying new knowledge to your job. |
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Schools Offering Degrees for
Cost Estimators |
 | Jones International University | Online | | | South University | Online | | | DeVry University | Online | | | Keller Graduate School of Management | Online | | | Grand Canyon University | Online | | | Ellis College | Online | | | Florida Metropolitan University | Online | | | Mountain State University | Online | | | Salem International University | Online | | | Stonecliffe College | Online | | | Virginia College | Online | | | Strayer University | Online | | | Capella University | Online | | | Kaplan University | Online | | | Harding University | Online | | | Berkeley College | Online | | | University of Phoenix | Campus | Guaynabo, PR 00968 | | Mildred Elley | Campus | Pittsfield, MA 01201 | | Hesser College | Campus | Nashua, NH 03063 | | Hesser College | Campus | Concord, NH 03301 | | Andover College | Campus | Portland, ME 04103 | | Andover College | Campus | Lewiston, ME 04240 | | Ridley Lowell Business and Technical Institute | Campus | New London, CT 06320 | | Dover Business College | Campus | Clifton, NJ 07011 | | Berkeley College | Campus | Woodbridge, NJ 07095 | | Berkeley College | Campus | Newark, NJ 07102 | | Berkeley College | Campus | West Paterson, NJ 07424 | | Advantage Career Institute | Campus | West Long Branch, NJ 07764 | | Dover Business College | Campus | Dover, NJ 07801 | | Prism Career Institute | Campus | Cherry Hill, NJ 08052 | | Prism Career Institute | Campus | West Atlanitc City, NJ 08322 | | Technical Career Institutes | Campus | New York, NY 10001 | | Hunter College | Campus | New York, NY 10010 | | Wood Tobe - Coburn School | Campus | New York, NY 10016 | | Berkeley College | Campus | New York, NY 10017 | | Keller Graduate School of Management | Campus | Manhattan, NY 10036 | | Berkeley College | Campus | New York, NY 10038 | | College of Westchester | Campus | White Plains, NY 10606 | | Keller Graduate School of Management | Campus | Long Island City, NY 11101 | | Plaza College | Campus | Jackson Heights, NY 11372 | | Business Informatics Center Inc | Campus | Valley Stream, NY 11580 | | Briarcliffe College | Campus | Bethpage, NY 11714 | | Hunter Business School | Campus | Levittown, NY 11756 | | Hunter Business School | Campus | Medford, NY 11763 | | Briarcliffe College | Campus | Patchogue, NY 11772 | | Mildred Elley School | Campus | Latham, NY 12110 | | Elmira Business Institute | Campus | Vestal, NY 13850 | | Ridley-Lowell School of Business | Campus | Binghamton, NY 13905 | | Everest College | Campus | Rochester, NY 14621 | | Elmira College | Campus | Elmira, NY 14901 | | Newport Business Institute | Campus | Lower Burrell, PA 15068 | | Career Training Academy | Campus | New Kensington, PA 15068 | | Career Training Academy | Campus | Monroeville, PA 15146 | | Bradford School | Campus | Pittsburgh, PA 15219 | | Everest Institute | Campus | Pittsburgh, PA 15222 | | Keller Graduate School of Management | Campus | Pittsburgh, PA 15222 | | ICM School of Business and Medical Careers | Campus | Pittsburgh, PA 15222 | | University of Phoenix | Campus | Pittsburgh, PA 15235 | | Career Training Academy | Campus | Pittsburgh, PA 15237 | | University of Phoenix | Campus | Pittsburgh, PA 15276 | | University of Phoenix | Campus | Washington, PA 15301 | | Pennsylvania Commercial College | Campus | Washington, PA 15301 | | Laurel Business Institute | Campus | Uniontown, PA 15401 | | Tri-State Business Institute | Campus | Erie, PA 16506 | | Central Pennsylvania College | Campus | Summerdale, PA 17093 | | YTI Career Institute | Campus | Lancaster, PA 17402 | | Consolidated School of Business | Campus | York, PA 17404 | | Consolidated School of Business | Campus | Lancaster, PA 17603 | | McCann School of Business and Technology | Campus | Sunbury, PA 17801 | | McCann School of Business and Technology | Campus | Pottsville, PA 17901 | | McCann School of Business and Technology | Campus | Mahanoy City, PA 17948 | | McCann School of Business and Technology | Campus | Scranton, PA 18503 | | Allied Medical and Technical Institute | Campus | Forty Fort, PA 18704 | | PJA School | Campus | Upper Darby, PA 19082 | | Keller Graduate School of Management | Campus | Chesterbrook, PA 19087 | | Keller Graduate School of Management | Campus | Philadelphia, PA 19103 | | Pace Institute | Campus | Reading, PA 19601 | | Potomac College | Campus | Washington, DC 20016 | | Potomac College | Campus | Herndon, VA 20170 | | University of Phoenix | Campus | Reston, VA 20190 | | University of Phoenix | Campus | Greenbelt, MD 20770 | | Keller Graduate School of Management | Campus | Bethesda, MD 20814 | | University of Phoenix | Campus | Rockville, MD 20850 | | University of Phoenix | Campus | Aberdeen, MD 21001 | | University of Phoenix | Campus | Columbia, MD 21045 | | University of Phoenix | Campus | Timonium, MD 21093 | | University of Maryland | Campus | Baltimore, MD 21250 | | Hagerstown Business College | Campus | Hagerstown, MD 21742 | | University of Phoenix | Campus | Fairfax, VA 22031 | | Keller Graduate School of Management | Campus | McLean, VA 22102 | | Keller Graduate School of Management | Campus | Arlington, VA 22202 | | University of Phoenix | Campus | Arlington, VA 22202 | | National College of Business and Technology | Campus | Harrisonburg, VA 22802 | | National College of Business and Technology | Campus | Charlottesville, VA 22901 | | University of Phoenix | Campus | Richmond, VA 23230 | | Kee Business College | Campus | Chesapeake, VA 23320 | | ECPI College of Technology | Campus | Virginia Beach, VA 23462 | | ECPI College of Technology | Campus | Newport News, VA 23606 | | Kee Business College | Campus | Newport News, VA 23606 | | National College of Business and Technology | Campus | Martinsville, VA 24114 | | National College of Business and Technology | Campus | Salem, VA 241 |
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