Cost Engineer and Estimator V Salary in Bayonne, New Jersey

The Cost Engineer and Estimator V collects data and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Estimates costs for construction, engineering, manufacturing, or other implementation projects based on an analysis of project technical requirements. Being a Cost Engineer and Estimator V updates costs as necessary based on new information and project scope changes. Identifies and quantifies potential cost uncertainties to ensure costing models capture the full range of potential costs. In addition, Cost Engineer and Estimator V coordinates with project management, engineering, procurement and other project stakeholders. Requires a bachelor's degree. Typically reports to a manager. Being a Cost Engineer and Estimator V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Working as a Cost Engineer and Estimator V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)

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