An estimator is responsible for determining the total cost of a construction project. The first step of doing so involves validating the project’s Scope of Work. The Scope of Work is a document that lays out the entirety of work that needs to be done in order to complete the building project.
What is an Estimator?
An Estimator within the construction industry is a professional responsible for producing the commercial aspects of a tender document with a view to securing new business. The Estimator will do this by working out how much a project is likely to cost and creating budgets accordingly.
What does a commercial construction estimator do?
The estimator prepares cost estimates of probable project costs on materials, equipment, and labor. Estimators base the calculations on quotations, schematic drawings, contract bids, and specifications.
The Need for an Outsource Estimator:
There are many options to consider when trying to make a fiscal decision as to whether to hire a full-time estimator or not:
- After the busy time you are going through, will there be enough work for you that you will be able to afford to keep an estimator employed full time?
- You are a new company that needs assistance but are still confused as to whether you are ready to bear the financial burden of a full-time estimator.
- There is an influx of bid requests, and you just need intermitting estimators to assist your current estimators.
- Before taking on the burden of a full-time estimator, you need to ask yourself if it makes sense fiscally.
It is important to note that hiring a full-time estimator is not cheap but in fact quite expensive. So, before hiring an estimator you need to take into account that if you hire them then you are also taking on the financial responsibility where you will have to make sure you have enough work for them that they will be able to provide for themselves and their family.
If you are not ready for this and all things considered you decide you don’t need to hire an estimator for full time, you can always request the services of Outsource Estimating Companies. Companies like Paramount Estimating have the experience, the knowledge, and a team of professionals that will provide you with takeoffs that have a very high accuracy rate.
People can fill these roles and more:
Assistant Project Manager