Cost Estimator I Salary in the United States

Cost Estimator I 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. Being a Cost Estimator I 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. Additionally, Cost Estimator I typically requires an associate degree or equivalent. Typically reports to a supervisor. The Cost Estimator I works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Cost Estimator I typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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