manufacturing cost estimator

Manufacturing cost estimators collect and analyse data to evaluate the money, materials, labour and time required for manufacturing processes. They conduct analyses to identify (alternative) cost effective technical designs and production processes. They develop and use methods and tools for cost planning, controlling and analysis. They also perform quantitative and qualitative risk analyses and report on the development of costs.

Alternative Labels

manufacturing estimate clerk

estimator

production cost estimator

manufacturing cost estimator

manufacturing cost analyst

manufacturing cost recovery technician

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

assess financial viability provide cost benefit analysis reports execute analytical mathematical calculations

Essential Knowledge

mathematics cost management manufacturing processes

Optional Skills and Competences

analyse production processes for improvement prepare cost-plus pricing models read assembly drawings liaise with engineers read standard blueprints synthesise financial information advise on risk management control of expenses calculate materials to build equipment estimate duration of work perform cost accounting activities perform project management manage budgets accurately estimate work hours

Optional Knowledge

project management

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/219d1c30-3849-4de3-b0d6-07da187b6521

Status

released

Occupations