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

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

Essential Knowledge

manufacturing processes mathematics cost management

Optional Skills and Competences

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

Optional Knowledge

project management

Concept URI

Concept Uri

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

Status

released

Occupations