Building Cost Estimator

Regardless of the industry in which they work, estimators compile and analyze data on all the factors that can influence costs-such as materials, labor, location, and special machinery requirements, including computer hardware and software. Job duties vary widely depending on the type and size of the project. Costs engineers usually have an engineering background and apply scientific principles and methods to undertake feasibility studies, value engineering, and life-cycle costing. 

The methods of and motivations for estimating costs can vary greatly, depending on the industry. On a construction project, for example, the estimating process begins with the decision to submit a bid. After reviewing various drawings and specifications, the Building Cost Estimator visits the site of the proposed project. The estimator needs to gather information on access to the site and availability of electricity, water, and other services, as well as surface topography and drainage. The information developed during the site visit usually is recorded in a signed report that is made part of the final project estimate. 

That is why it is no wonder that there are probably as many estimating procedures as there are contractors so the Building Cost Estimators. Many contractors have forms and processes with considerable variety suitable to their own needs, though there are standards for estimation practices developed by the American Society of Profession Estimators (ASPE) and American Association of Cost Engineers (AACE). The forms, worksheets, order of procedures and mode of applying costs can all be designed and modified by the individual company to suit its needs.

 Although Building Cost Estimators spend most of their time in an office, construction estimators must make visits to project work sites that can be dusty, dirty, and occasionally hazardous environments to get the clear picture of the site. 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. Although Building Cost 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. So the need of highly skilled and efficient Building Cost Estimators.

Building cost estimator software simplifies the estimating process and make it more accurate