

|
 |
| Cost Estimators |
| |
| Employment Increase: |
30% |
| People In Field: |
211,000 |
| Average Salary: |
$31,500 |
| Qualifications: |
Associate Degree, Bachelor's Degree |
| |
Nature of the Work:
Being able to accurately predict the cost of future
projects is vital to the economic survival of any business. Cost
estimators develop this information for owners or managers to
use in making bids for contracts or in determining if a new
product will be profitable, or in determining which of a
firms' products are making a profit.
Training, Other Qualifications, and Advancement:
Entry requirements vary by industry. In construction,
employers prefer applicants with a thorough knowledge of
construction materials, costs, and procedures in areas
ranging from heavy construction to electrical work, plumbing
systems, or masonry work. In fact, most construction estimators
have experience as a construction craft worker or as a
contractor. Persons who combine this experience with some
post-secondary training in construction estimating or a bachelor's or
associate degree in civil engineering, architectural drafting,
or building construction have the edge in landing jobs.
Those with an academic background who lack work
experience qualify for some jobs, but are at a distinct disadvantage
when competing for jobs with experienced applicants. In
manufacturing, employers prefer persons with a degree in
engineering, science, operations research, mathematics, or statistics, or
in accounting, finance, business, or a related subject.
In hightechnology industries, great emphasis is placed on
experience involving quantitative techniques. Computer
literacy and, in some cases, programming capability are required.
Job Outlook:
Employment of cost estimators is dependent primarily upon the level
of construction and manufacturing activity. Growth of the construction
industry, where about 58 percent of all cost estimators are employed,
will be the driving force behind the rising demand for these workers,
whose employment is expected to increase faster than the average for
all occupations through the year 2005. There will be an estimated
211,000 cost estimators by 2005. The fastest growing sectors of the
construction industry will be those associated with spending on the
nation's infrastructure. Construction and repair of highways and
streets, bridges; and construction of more subway systems, airports,
water and sewage systems, and electric power plants and transmission
lines will stimulate demand for many more cost estimators. In addition,
spending on hotels, office and other commercial buildings, and
construction of residential units will add to the demand for cost
estimators to predict the costs of these projects. Job prospects
should be best for those workers who have substantial experience in
various phases of construction or a specialty craft or those with a
degree in construction management, engineering, or architectural drafting.
Sources of Additional Information:
Information about career opportunities, certification, schools, and
continuing education programs in cost estimating in the construction
industry may be obtained from:
AACE International
P.O. Box 1557
Morgantown, WV 26507-1557
Professional Construction Estimators Association of America
P.O. Box 11626
Charlotte, NC 28220-1626
Similar information about cost estimating in government and manufacturing
and other industries is available from:
Society of Cost Estimating and Analysis
101 S. Whiting St., Suite 313
Alexandria, VA 22304
|
| |
| Back to Career Listings |
| |
|