Estimator Career Path

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Estimator Career Path

An estimator is a professional who estimates the cost of goods, time, and labor needed to complete a project. They also estimate the materials required for that same project. Estimators are very important in construction projects as they oversee all aspects of it and help decide what needs to be done next. Being an estimator requires extensive knowledge about the industry, strong analytical skills, and good leadership qualities to manage their team members efficiently.


What Are the Educational Qualifications of an Estimator?

A bachelor’s degree in engineering, physical sciences, mathematics, or statistics is typically required for those interested in estimating manufacturing costs. A bachelor’s degree in an industry-related field, such as construction management or building science, is typically required for construction cost estimators.

What Skills Should an Estimator Have?

Estimating has the potential to be a fun and lucrative career that requires a diverse set of skills and interests. Estimators combine on-the-job experience with quantity surveying abilities, business savvy, and a financial mentality. Maths and IT skills, solid problem-solving aptitude, and meticulous attention to detail are essential. You must also communicate well, both verbally and in writing, and manage projects. Skills in organization and presentation are essential.

How Are the Hours and Environment?

Most estimators work from 9 a.m. to 5 p.m., although the job isn’t usually 9 a.m. to 5 p.m. Due to the urgency and set nature of tender submission deadlines, some very late nights may be required.
Although overnight stays are uncommon, you may need to travel to meet clients on the ground. For such visits, protective attire is usually required. You’ll most likely work in a group setting, but you’ll sometimes be expected to work independently.

Is an Estimator a Promising Career?

Estimating can be an exciting and well-paying career that requires a diverse set of skills and interests. Maths and IT skills are essential, as are strong problem-solving abilities and an eye for detail.

What Does an Estimator Do?

Estimators operate in the construction and manufacturing industries, estimating the company’s operational costs. It is the role of the estimators to compile product and service estimates. They use blueprints, specifications, proposals, and other materials to prepare work for estimating. They must also investigate equipment and materials and evaluate labor costs to determine the needs and wishes of their future clientele.
Here are some samples of responsibilities taken from genuine estimator resumes that depict regular tasks they’ll be doing in their jobs.
• Prepare and submit bi-weekly certified payroll reports and manage the prevailing wage for payroll.
• Maintain excellent customer satisfaction and CSI scores while maintaining body shop repair productivity.
• In AutoCAD, you can review and alter drawings.
• During the project, coordinate with MEP consultants.
• Welding robots and CNC cutting machines can be programmed.
• With the superintendent, develop and maintain a site logistics plan.
• Several DOD and government programs were costed.
• Install, operate and maintain CNC equipment.
• Create accounting reports, such as payroll reports, expense reports, and coding.
• Design/build and quote projects by the NEC and the owner’s standards.
• Assist with project logistics to ensure that they are completed effectively.
• From concept to GMP, perform the entire spectrum of estimation functions.
• Finalizing GMP allows you to keep track of and update the scopes of work for these packages.
• Estimate raw resources, components, and processes using CAD drawings.
• Complete all submittal designs in AutoCad and CFS and package preparation for a total of approx.

How Much Does an Estimator Make?

Estimators in the United States earn an average annual pay of $73,347, or $35 per hour. The wealthiest ten percent earns more than $103,000 per year, while the bottom ten percent earn less than $51,000.

Which Are the Top Colleges for Estimators?

A few colleges stand out when it comes to studying for an estimator career. Some of the top colleges for estimators include;

California Polytechnic State University-San Luis Obispo

California’s first polytechnic school was established. Cal Poly San Luis Obispo was the original name. In 1924, it was taken over by the California State Board of Education. California Polytechnic State University has the country’s second-largest campus. California Polytechnic State University-San Luis Obispo’s most common majors are;
• Business
• Mechanical Engineering
• Computer Science
• Civil Engineering
• Electrical Engineering
• Education
• Psychology
• Architecture
• Construction Management
• Industrial Technology
Accounting
• Engineering
• Marketing

New York University

New York University is a private university that was established in 1831. It has a total of 27,444 undergraduate students. New York University has ranked 28 in National Universities in the Best Colleges 2022 edition. It charges $56,500 in tuition and fees. New York University’s most popular majors are;
• Business
• Education
• Psychology
• Electrical Engineering
• Accounting
• Mechanical Engineering
• Civil Engineering
Finance
• Graphic Design
• Construction Management

University of Southern California

The University of Southern California is a world-class private research university. Southern California has ranked National Universities in the Best Colleges 2022 edition. The most common majors at the University of Southern California are ;
• Business
• Computer Science
• Education
• Electrical Engineering
• Accounting
• Mechanical Engineering
• Engineering
Psychology
• Marketing
• Civil Engineering
• Graphic Design
• Construction Management
• Architecture
• Finance

Northwestern University

Northwestern University is a private university that was established in 1851. Northwestern University admissions are the most selective, with a 9 percent acceptance rate. Northwestern University’s most common majors are;
• Business
• Psychology
• Education
Computer Science
• Mechanical Engineering
• Engineering
• Electrical Engineering
• Civil Engineering
• Finance
• Graphic Design
• Marketing
• Accounting

University of Pennsylvania

The University of Pennsylvania is a private Ivy League research university in Philadelphia. Its arts and sciences programs are ranked among the top ten in the country. The most typical major are;
• Education
• Finance
• Business
• Computer Science
• Mechanical Engineering
• Marketing
• Electrical Engineering
• Psychology
• Engineering
• Architecture
• Accounting
• Graphic Design

University of Michigan- Ann Arbor

The University of Michigan—Ann Arbor is a public research university founded in 1817. The University of Michigan—Ann Arbor has ranked National Universities in the Best Colleges 2022 edition. The most frequently occurring major are;
• Business
• Mechanical Engineering
• Electrical Engineering
• Education
• Accounting
• Civil Engineering
• Architecture
• Engineering
• Graphic Design
• Psychology

Stanford University

Stanford University was established in 1885. After more than a century, Stanford has produced 19 Nobel laureates and is consistently ranked among the top three universities globally. The most common majors are as follows:

• Computer Science
• Business
• Education
• Mechanical Engineering
• Electrical Engineering
• Civil Engineering
• Engineering

Lehigh University

Lehigh University is a for-profit research institution located in Bethlehem, Pennsylvania. The College of Arts and Sciences, the P.C. Rossin College of Engineering and Applied Science, the College of Business, the College of Education, and the College of Health are the five colleges that comprise Lehigh University. The most popular majors are;
• Finance
• Mechanical Engineering
• Education
• Computer Science
• Business
• Civil Engineering
• Accounting
• Marketing
• Electrical Engineering
• Psychology
• Architecture
• Graphic Design
• Engineering

Pennsylvania State University

Pennsylvania State University—University Park was established in 1855 as a public institution. There are 39,809 undergraduate students enrolled. It charges $18,898 for in-state tuition and fees and $36,476 for out-of-state tuition and fees. The most common majors are;
• Education
• Accounting
• Finance
• Psychology
• Mechanical Engineering
• Electrical Engineering
• Marketing
• Civil Engineering
• Criminal Justice
• Business
• Engineering
• Architecture
• Computer Science
• Graphic Design

Worchester Polytechnic Institute

Worcester Polytechnic Institute was established in 1865 as a private institution. The total cost of tuition and fees is $55,531. The most popular majors are;
• Mechanical Engineering
• Computer Science
• Electrical Engineering
• Civil Engineering
• Engineering
• Business
• Marketing
• Graphic Design
• Education
• Psychology

What Are the Best Online Courses for Estimator?

There are many online courses available for estimators. Some of the best ones include;

Projects Cost Management, Estimating, Budgeting and Control by Udemy

There are two parts to this course. The first half is a theoretical explanation based on the cost management chapter of the PMBOK (the book required for the PMP certificate), and the second part is a practical example of how to put the theoretical component into practice.

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Quantity Surveying Building Estimation With Cad And Excel by Udemy

Welcome to the online training course for Quantity Surveying/Building Estimation. It focuses on how to estimate using Auto Cad and MS Excel practically.
This is a hands-on course with real-world examples and a full-fledged real-world project for a better understanding. You will be able to Estimate Any Building Project after completing this course.

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The Complete Guide to Construction Management by Udemy

This course examines the entire construction project life cycle, from inception to completion. The content is multidisciplinary, covering engineering, building materials, finishing options, financial models, and legal terminology.

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Learn Estimating & Cost Control by Udemy

This course is intended for business owners and anyone involved in project management and will be especially useful for Estimators, Builders, Engineers, Construction and Project Managers, Project Coordinators, and Site and Works Managers, as well as those who intend to work in the area of project cost estimating or control.

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Construction Cost Estimating and Cost Control by Coursera

This course introduces the types of cost estimation from the conceptual design phase through the more detailed design phase of a construction project. In addition, the course highlights the importance of controlling costs and how to monitor project cash flow. Students will work on a break-even analysis of construction tasks in a project.

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Statistical Inference for Estimation in Data Science by Coursera

This course provides an overview of statistical inference, sampling distributions, and confidence intervals. Students will learn how to define and build good estimators and methods of moments estimation, maximum likelihood estimation, and confidence interval construction methods that can be applied to more general situations.

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Engineering Project Management: Scope, Time and Cost Management by Coursera

This course will teach you how to create a project scope, schedule, and budget and how to status them to predict project performance. You will learn about change management and how to implement it throughout the course.

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RA-GAP VAT Gap Estimation Model b by EDX

In this online course, you will learn the theory behind the design of the International Monetary Fund’s Revenue Administration Gap Analysis Program’s (RA-GAP) Value Added Tax (VAT) gap estimation model, as well as how to use the model to produce your VAT gap estimates. You will learn about the model’s inputs, how to prepare them, and how the model uses these inputs to compute potential VAT, which is then compared to actual VAT to determine the VAT gap.

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Observation Theory: Estimating the Unknown by EDX

This course will teach you to find the best estimates of unknown parameters based on noisy observations. You will also learn how to evaluate the quality of your work. The course introduces a standardized approach to parameter estimation that employs a functional model (which links observations to unknown parameters) and a stochastic model (describing the quality of the observations).

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Field Operations and Administrative Tools in Construction Management by EDX

This course demonstrates how an estimate evolves throughout a project. This course covers design, scheduling, controls, tools, and legal issues.

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What Are the Entry Level Jobs for Becoming an Estimator?

There are many jobs for becoming an estimator. These jobs include construction estimator, quantity surveyor, cost estimator, and construction management. Many other jobs are related to estimating, such as scheduler, project coordinator, and site manager.
Some company’s names that provide entry-level jobs are given below.

Conclusion

An estimator is a great career path for someone who wants to be in the construction industry. It is an excellent position in the construction field because it makes sure that projects stay on schedule and under budget. It is a very stable career, and there are many positions in the construction field for estimators. So if you enjoy working with numbers and having a flexible schedule, then this job is for you.

About the author

Indu has been educator since last 10 years. She can find all kind of scholarship opportunities in the USA and beyond. She also teach college courses online to help students become better. She is one of the very rare scholarship administrator and her work is amazing.

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