Low to No Risk

10

Moderate Risk

1

High Risk

2

Extreme Risk

1

• 1.5Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
• 2.5Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
• 1.1Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
• 1Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates.
• 2Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
• 2.5Prepare estimates for use in selecting vendors or subcontractors.
• 2.2Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
• 1.2Establish and maintain tendering process, and conduct negotiations.
• 1.5Conduct special studies to develop and establish standard hour and related cost data or to reduce cost.
• 2Visit site and record information about access, drainage and topography, and availability of utility services.

21.4% of Cost Estimators tasks can be automated with AI or robotics