Estimating Manager

The main responsibility of estimation managers is to present estimates of costs and timelines for project milestones as well as their finalization. The daily tasks involve collecting data from the parties involved, creating precise estimates, and sharing this information with the those in charge and teams. Based on the organization and their position, estimating managers might be in constant contacts with vendors, customers as well as internal management as well as other management. While some estimators are part of small teams on big projects, they often operate on their own to ensure coordination and planning between all the parties.

The physical requirements of this job typically involve lengthy hours spent in front of computers, though there could be some work in field sites that are related to construction or other tasks. The hours of work may differ based on the specific project or requirement however, these professionals typically operate during normal business hours.

Due to the specific nature of these jobs the requirements for education vary however the requirement is a bachelor's degree and the graduation certificate from a high school or similar is required. A lot of positions require a long period of knowledge of the job as well as the capability to comprehend blueprints and technical documents, as well. Furthermore, managers who manage estimating require outstanding communication skills, be adept with basic computer programs, and be able to multitask effectively. They should be able to work by themselves with little supervision, and also working in a group setting.

As an Estimating Manager with 3-6 years of experience in the United States, your main responsibilities include:

• Analyzing project requirements, studying contract documents, and preparing accurate cost estimates.
• Collaborating with project managers, engineers, and subcontractors to gather essential information for cost estimation.
• Developing and maintaining a reliable database of material and labor costs to ensure accurate estimates.
• Reviewing and refining cost estimates based on project changes, market prices, and industry trends to maximize profitability.

For an Estimating Manager job role, the following qualifications are required:

• Extensive experience in construction estimating, including a strong understanding of construction plans, specifications, and industry best practices.
• Excellent analytical skills to interpret data, perform cost analysis, and develop accurate and competitive project estimates.
• Strong leadership abilities to manage a team of estimators, providing guidance, training, and support while ensuring the accuracy and timeliness of estimates.
• Exceptional communication and interpersonal skills to collaborate effectively with clients, project managers, and subcontractors, establishing rapport and resolving any estimating-related issues in a professional manner.

The role of an Estimating Manager is crucial in overseeing project cost estimates and ensuring their accuracy. Professionals with 3-6 years of experience in the United States have various alternative roles to consider. Here are following options worth exploring:

• Project Coordinator: As a project coordinator, you'll assist in planning, budgeting, and scheduling projects, ensuring smooth workflow and effective communication.
• Construction Manager: This role involves overseeing the construction process, managing subcontractors, and ensuring compliance with quality standards and timelines.
• Procurement Officer: As a procurement officer, you'll handle sourcing and purchasing materials, negotiating contracts, and managing supplier relationships.
• Cost Engineer: Cost engineers analyze project costs, estimate budgets, and track expenses throughout the project lifecycle to control expenditures effectively.

The role of an Estimating Manager in the United States is expected to witness significant growth in the market. Over the past 10 years, there has been a consistent increase in demand for professionals in this position. According to recent data from Google, there is a positive outlook for the job, with an estimated 11% growth in employment opportunities expected in the coming years. This growth can be attributed to the construction industry's continuous expansion, as well as the increasing need for accurate cost estimation and project evaluation. With the projected growth, there will be ample employment opportunities available for individuals pursuing a career as an Estimating Manager.