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Cost Estimator II 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 II 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 II typically requires an associate degree or equivalent. Typically reports to a supervisor. The Cost Estimator II works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Cost Estimator II typically requires 3-5 years of related experience.
The Cost Engineer and Estimator II collects and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Estimates costs for engineering projects based on an analysis of project technical requirements. Being a Cost Engineer and Estimator II 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 II requires interface with project management, engineering, and procurement departments. Requires a bachelor's degree. Typically reports to a manager. Being a Cost Engineer and Estimator II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Cost Engineer and Estimator II typically requires 2 to 4 years of related experience.
The Project Cost Estimator II 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 an Project Cost Estimator II 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, Project Cost Estimator II coordinates with project management, engineering, procurement and other project stakeholders. Requires a bachelor's degree. Typically reports to a manager. Being an Project Cost Estimator II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as an Project Cost Estimator II typically requires 2-4 years of related experience.