Cost Estimators
| Description |
OES Code: 21902 |
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.
Wages, California
| Entry-Level Hourly Wage |
$16.46 |
| 25th Percentile |
$19.07 |
| 50th Percentile |
$25.86 |
| 75th Percentile |
$33.90 |
Wages, San Joaquin
| Entry-Level Hourly Wage |
$13.74 |
| 25th Percentile |
$15.44 |
| 50th Percentile |
$22.26 |
| 75th Percentile |
$26.93 |
Wages by California County
OES Survey
CCOIS Survey
Hours & Benefits
Although estimators normally work a 40-hour week, overtime is common. Cost estimators often work under pressure and stress, especially when facing bid deadlines. Inaccurate estimating can cause a firm to lose out on a bid or lose money on a job that was not accurately estimated.
Employment Trends, California
| Employment 1998 |
16,600 |
| Projected Employment 2008 |
20,000 |
| Percent Change 1998-2008 |
20.5% |
| Separations 1998-2008 |
2,200 |
Employment Trends, San Joaquin County
| Employment 1996 |
260 |
| Projected Employment 2006 |
360 |
| Percent Change 1998-2006 |
38.5% |
| Separations 1998-2006 |
30 |
Working Conditions
Although estimators spend most of their time in an office, construction estimators must make visits to project worksites that can be dusty, dirty, and occasionally hazardous. Likewise, estimators in manufacturing must spend time on the factory floor where it also can be noisy and dirty. In some industries, frequent travel between a firm's headquarters and its subsidiaries or subcontractors also may be required.
Advancement
For most estimators, advancement takes the form of higher pay and prestige. Some move into management positions, such as project manager for a construction firm or manager of the industrial engineering department for a manufacturer. Others may go into business for themselves as consultants, providing estimating services for a fee to government or construction and manufacturing firms.
Getting The Job & Other Information
Employers increasingly prefer individuals with a degree in building construction, construction management, construction science, engineering, or architecture. However, most construction estimators also have considerable construction experience, gained through tenure in the industry, internships, or cooperative education programs.
Applicants with a thorough knowledge of construction materials, costs, and procedures in areas ranging from heavy construction to electrical work, plumbing systems, or masonry work have a competitive edge.
For a list of current job listing, browse CalJOBS or America's Job Bank. |
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Many colleges and universities include cost estimating as part of bachelor's and associate degree curriculums in civil engineering, industrial engineering, and construction management or construction engineering technology. In addition, cost estimating is a significant part of many master's degree programs in construction science or construction management. Organizations representing cost estimators, such as American Association of Cost Engineers (AACE) International and the Society of Cost Estimating and Analysis, also sponsor educational and professional development programs. These programs help students, estimators-in-training, and experienced estimators stay abreast of changes affecting the profession. Specialized courses and programs in cost estimating techniques and procedures are also offered by many technical schools, community colleges, and universities.
Skills & Other Requirements
Cost estimators should have an aptitude for mathematics, be able to quickly analyze, compare, and interpret detailed and sometimes poorly defined information, and be able to make sound and accurate judgments based on this knowledge. Assertiveness and self-confidence in presenting and supporting their conclusions are important, as are strong communications and interpersonal skills, because estimators may work as part of a project team alongside managers, owners, engineers, and design professionals. Cost estimators also need knowledge of computers, including word-processing and spreadsheet packages. In some instances, familiarity with special estimation software or programming skills may also be required.
References
US Bureau of Labor Statistics Occupational Outlook Handbook
Related Occupations: Accountants & Auditors, Economists, Underwriters
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