Cost Estimators
Business and FinancialAI Impact Assessment
This job may see some changes due to AI, but human skills remain important.
Cost Estimators with an AI automation risk score of 50%. Analysis includes 14 core tasks.
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Key Tasks
Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
Set up cost monitoring and reporting systems and procedures.
Conduct special studies to develop and establish standard hour and related cost data or to reduce cost.
Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project.
Collect historical cost data to estimate costs for current or future products.
Analyze blueprints and other documentation to prepare time
Confer with engineers
Assess cost effectiveness of products
Upskilling Courses
Data Sources
Analysis based on O*NET data