# Cost Estimators > Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured. - Code: 13-1051.00 (O*NET-SOC; SOC 2018 13-1051) - Family: [Business & Financial](https://foundation.org.ai/occupations#family-13), one of its 50 occupations - Tasks: 14 tasks (14 core) - Page: https://foundation.org.ai/occupations/13-1051.00 - JSON: https://foundation.org.ai/data/tasks/13-1051.00.json ## What the work is made of 1. Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates. Core task · Task 80 · Rated by 22 occupational experts, August 2023 2. Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates. Core task · Task 83 · Rated by 22 occupational experts, August 2023 3. Collect historical cost data to estimate costs for current or future products. Core task · Task 20846 · Rated by 22 occupational experts, August 2023 4. Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops. Core task · Task 81 · Rated by 22 occupational experts, August 2023 5. Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues. Core task · Task 82 · Rated by 22 occupational experts, August 2023 6. Establish and maintain tendering process, and conduct negotiations. Core task · Task 90 · Rated by 22 occupational experts, August 2023 7. Prepare estimates for use in selecting vendors or subcontractors. Core task · Task 85 · Rated by 22 occupational experts, August 2023 8. Prepare estimates used by management for purposes such as planning, organizing, and scheduling work. Core task · Task 84 · Rated by 22 occupational experts, August 2023 9. Set up cost monitoring and reporting systems and procedures. Core task · Task 89 · Rated by 22 occupational experts, August 2023 10. Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components. Core task · Task 86 · Rated by 22 occupational experts, August 2023 11. Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project. Core task · Task 87 · Rated by 22 occupational experts, August 2023 12. Conduct special studies to develop and establish standard hour and related cost data or to reduce cost. Core task · Task 91 · Rated by 22 occupational experts, August 2023 13. Visit site and record information about access, drainage and topography, and availability of utility services. Core task · Task 92 · Rated by 22 occupational experts, August 2023 14. Prepare and maintain a directory of suppliers, contractors and subcontractors. Core task · Task 88 · Rated by 22 occupational experts, August 2023 ## More in Business & Financial - [Accountants and Auditors](https://foundation.org.ai/occupations/13-2011.00): 29 tasks - [Agents and Business Managers of Artists, Performers, and Athletes](https://foundation.org.ai/occupations/13-1011.00): 14 tasks - [Appraisers and Assessors of Real Estate](https://foundation.org.ai/occupations/13-2023.00): 30 tasks - [Appraisers of Personal and Business Property](https://foundation.org.ai/occupations/13-2022.00): 14 tasks - [Budget Analysts](https://foundation.org.ai/occupations/13-2031.00): 13 tasks - [Business Continuity Planners](https://foundation.org.ai/occupations/13-1199.04): 21 tasks - [Business Operations Specialists, All Other](https://foundation.org.ai/occupations/13-1199.00): no tasks listed - [Buyers and Purchasing Agents, Farm Products](https://foundation.org.ai/occupations/13-1021.00): 12 tasks - [Claims Adjusters, Examiners, and Investigators](https://foundation.org.ai/occupations/13-1031.00): 29 tasks - [Compensation, Benefits, and Job Analysis Specialists](https://foundation.org.ai/occupations/13-1141.00): 22 tasks - [Compliance Officers](https://foundation.org.ai/occupations/13-1041.00): 16 tasks - [Coroners](https://foundation.org.ai/occupations/13-1041.06): 20 tasks - [Credit Analysts](https://foundation.org.ai/occupations/13-2041.00): 11 tasks - [Credit Counselors](https://foundation.org.ai/occupations/13-2071.00): 23 tasks - [Customs Brokers](https://foundation.org.ai/occupations/13-1041.08): 23 tasks - [Environmental Compliance Inspectors](https://foundation.org.ai/occupations/13-1041.01): 26 tasks - [Equal Opportunity Representatives and Officers](https://foundation.org.ai/occupations/13-1041.03): 18 tasks - [Farm Labor Contractors](https://foundation.org.ai/occupations/13-1074.00): 7 tasks - [Financial and Investment Analysts](https://foundation.org.ai/occupations/13-2051.00): 26 tasks - [Financial Examiners](https://foundation.org.ai/occupations/13-2061.00): 17 tasks - [Financial Quantitative Analysts](https://foundation.org.ai/occupations/13-2099.01): 21 tasks - [Financial Risk Specialists](https://foundation.org.ai/occupations/13-2054.00): 30 tasks - [Financial Specialists, All Other](https://foundation.org.ai/occupations/13-2099.00): no tasks listed - [Fraud Examiners, Investigators and Analysts](https://foundation.org.ai/occupations/13-2099.04): 23 tasks - [Fundraisers](https://foundation.org.ai/occupations/13-1131.00): 28 tasks - [Government Property Inspectors and Investigators](https://foundation.org.ai/occupations/13-1041.04): 13 tasks - [Human Resources Specialists](https://foundation.org.ai/occupations/13-1071.00): 26 tasks - [Insurance Appraisers, Auto Damage](https://foundation.org.ai/occupations/13-1032.00): 7 tasks - [Insurance Underwriters](https://foundation.org.ai/occupations/13-2053.00): 7 tasks - [Labor Relations Specialists](https://foundation.org.ai/occupations/13-1075.00): 28 tasks - [Loan Officers](https://foundation.org.ai/occupations/13-2072.00): 30 tasks - [Logisticians](https://foundation.org.ai/occupations/13-1081.00): 22 tasks - [Logistics Analysts](https://foundation.org.ai/occupations/13-1081.02): 31 tasks - [Logistics Engineers](https://foundation.org.ai/occupations/13-1081.01): 30 tasks - [Management Analysts](https://foundation.org.ai/occupations/13-1111.00): 11 tasks - [Market Research Analysts and Marketing Specialists](https://foundation.org.ai/occupations/13-1161.00): 13 tasks - [Meeting, Convention, and Event Planners](https://foundation.org.ai/occupations/13-1121.00): 21 tasks - [Online Merchants](https://foundation.org.ai/occupations/13-1199.06): 34 tasks - [Personal Financial Advisors](https://foundation.org.ai/occupations/13-2052.00): 21 tasks - [Project Management Specialists](https://foundation.org.ai/occupations/13-1082.00): 20 tasks - [Purchasing Agents, Except Wholesale, Retail, and Farm Products](https://foundation.org.ai/occupations/13-1023.00): 19 tasks - [Regulatory Affairs Specialists](https://foundation.org.ai/occupations/13-1041.07): 30 tasks - [Search Marketing Strategists](https://foundation.org.ai/occupations/13-1161.01): 36 tasks - [Security Management Specialists](https://foundation.org.ai/occupations/13-1199.07): 23 tasks - [Sustainability Specialists](https://foundation.org.ai/occupations/13-1199.05): 14 tasks - [Tax Examiners and Collectors, and Revenue Agents](https://foundation.org.ai/occupations/13-2081.00): 21 tasks - [Tax Preparers](https://foundation.org.ai/occupations/13-2082.00): 12 tasks - [Training and Development Specialists](https://foundation.org.ai/occupations/13-1151.00): 20 tasks - [Wholesale and Retail Buyers, Except Farm Products](https://foundation.org.ai/occupations/13-1022.00): 20 tasks ## Where this comes from Quoted from O*NET 29.0, U.S. Department of Labor, Employment and Training Administration, under CC BY 4.0: free to copy and reuse, with credit. Nothing on this page is written by the Org.AI Foundation.