What Does An Estimator Do?
What does an estimator do?
An estimator is a professional who is responsible for evaluating the cost of a project or service. Their primary role is to determine the resources required for a project, including labor, materials, equipment, subcontractors and other expenses, and to provide an estimate of the total cost.
The specific duties of an estimator may vary depending on the sector of the industry and organization they work for, but typically include:
- Reviewing project specifications: The estimator reviews project specifications, including blueprints, drawings, and technical documents, to understand the scope of the project and the resources required.
- Analyzing data: The estimator analyzes historical cost data and market trends to determine the cost of materials, labor, and equipment.
- Preparing cost estimates: The estimator uses their knowledge of project requirements and cost data to develop accurate and comprehensive cost estimates.
- Communicating with stakeholders: The estimator communicates with stakeholders, including project managers, contractors, and clients, to discuss the cost estimate and answer any questions.
- Monitoring project costs: The estimator monitors project costs throughout the project lifecycle to ensure that actual costs are within budget.
- Evaluating bids: The estimator evaluates bids from subcontractors and suppliers to ensure that the costs are in line with the estimates and project requirements.
Overall, an estimator plays a critical role in ensuring that projects are completed on time and within budget. They work closely with project managers and other stakeholders to develop accurate cost estimates and to monitor costs throughout the project lifecycle.
Here at Decode we can supplement your in house estimating resource as and when high demand requires.