Responsible for collecting and analyzing data to estimate the amount of time, money, and labor that is required for construction of the company projects necessary in making a sound financial decisions.
Predict the expense of future projects or products by analyzing monetary costs and other factors.
Aid management in bidding on or determining price of product or service.
Break down all expenses related to a project including materials, labor, and other resources.
Plan project budgets.
Track projects running throughout its course and recommend budget adjustments.
Find and correct problems associated with the project costing
Confer with engineers, architects, owners, contractors and subcontractors on changes and adjustments to cost estimates
Prepare estimates used by management for purposes such as planning, organizing, and scheduling work
Prepare estimates for use in selecting vendors or subcontractors
Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.