A Cost Estimator is a professional who analyzes project requirements and calculates the expected costs associated with completing a project. They gather data on materials, labor, and overhead expenses to provide accurate estimates that help businesses budget effectively. Cost estimators work in various industries, including construction, manufacturing, and engineering.
These experts use specialized software and tools to create detailed reports and forecasts. Their estimates are crucial for project planning and decision-making, ensuring that projects remain financially viable. By providing reliable cost assessments, cost estimators help organizations minimize financial risks and optimize resource allocation.