FAQ about Cost Estimating Supervisor
1. Where can a Cost Estimating Supervisor earn the most?
A Cost Estimating Supervisor's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Cost Estimating Supervisor earns the most in San Jose, CA, where the annual salary of a Cost Estimating Supervisor is $111,127.
2. What is the highest pay for Cost Estimating Supervisor?
The highest pay for Cost Estimating Supervisor is $101,127.
3. What is the lowest pay for Cost Estimating Supervisor?
The lowest pay for Cost Estimating Supervisor is $64,345.
4. What are the responsibilities of Cost Estimating Supervisor?
Develops cost estimates for projects based on work scope, specifications, and contract proposals using applicable estimating methodologies and tools. Analyzes project requirements, plans, and specifications to identify labor, material, equipment, and service requirements. Uses benchmark data, trends, prior estimates, and historical pricing schedules to generate detailed cost estimates that consist of itemized lists of expenses, labor hours, material quantities, and potential cost variations. Depending on the complexity and type of project, may use different estimating methods, mathematical models, or specialized estimating software tools to generate estimates. Provides guidance and training on estimating best practices. May require a bachelor's degree or equivalent. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.