What does an Estimator do?
Estimators typically work for corporations across industries, especially in construction services, to help leaders determine what they need to see a project through to completion. They work closely with contractors and team members to evaluate relative costs or potential risks and conclude whether they can complete a project within the time frame and budget that the client wants. Their job is to perform mathematical calculations and get quotes from vendors to estimate the costs needed for labor and materials.
They may also be responsible for reevaluating project needs throughout the course of the project to adjust to environmental restraints or budget cuts.
Estimator skills and qualifications
Estimators use a variety of technical and soft skills to support the profitable operations of a company, including:
- Proficiency in mathematics, statistics and data analysis
- Excellent analytical skills and attention to detail
- Report writing and strategic planning skills
- Familiarity with analyzing requirement data to develop material and cost estimates for large projects
- Expertise with analytic tools, such as spreadsheets and database managers
- Ability to read and interpret technical documents
- Excellent written communication and interpersonal skills
- Exceptional time management skills
Estimator salary expectations
An Estimator earns an average of $68,920 per year. Salary may depend on the candidate’s level of education, experience and geographical location.
Estimator education and training requirements
Estimators must have a bachelor’s degree in mathematics, finance, accounting, statistics or another related field. Candidates with degrees and training in engineering management or project management with relevant work experience may also be qualified for the role.
Common training requirements include the Certified Professional Estimator, awarded by the American Society of Professional Estimators (ASPE). Estimators with five or more years of work experience are eligible to enroll in this training program. Estimators with less than five years of experience may enroll in the Associate Estimating Professional certification program. Both certifications demonstrate a candidate’s refined skills and expertise in the field.
Estimator experience requirements
Entry-level Estimator candidates should have at least one year of experience estimating costs in a relevant industry. Some entry-level candidates may have other finance, cost accounting or other project management related experience. Other candidates who have three or more years of experience may be able to start work with little-to-no additional training. Those who have five or more years of experience may have leadership potential and be ready for more specialized tasks.
Job description samples for similar positions
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