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Danaos

Cost Estimator / Estimating Engineer

Cost Estimation and Quantity Take-off for Project-Based Industries

Turn quantities into a price you can defend.

ProjectVIEW ERP is not a standalone estimating spreadsheet. It is one integrated system where each unit rate is a cost recipe of labor, materials, machinery, subcontract and time, linked to the BoQ or BoM item, the WBS activity and the cost code that will control the project. The approved estimate becomes the project budget, the procurement plan and the cash-flow forecast in company finance. The BoQ ↔ WBS ↔ Cost Codes structure weaves site, project and company data into one consistent record, with the integrity that ProjectVIEW AI needs to give reliable forecasts, alerts and answers.

Import the client BoQ from any Excel format or take off quantities from the model, and the estimate becomes the project budget without re-entry. Actual cost and productivity from completed projects come back into your cost recipes, so every estimate is better than the last.

Cost Estimator / Estimating Engineer
Illustrative workflow profile
Illustrative workflow profile: Cost Estimator / Estimating Engineer. Illustrative highlights: Bid Wins, Contract Mgmt, Revenue Inflow.Bid WinsSchedulingSourcingMaterials MgmtLaborProductivityMachineryUtilizationProjectPerformanceContract MgmtChange MgmtRevenue Inflow
Illustrative highlights

Illustration only, not measured results. Actual priorities depend on your project and organization.

What does a cost estimator do in a project-based company?

A cost estimator turns quantities into a priced budget that the company can bid and then deliver. In ProjectVIEW ERP, every unit rate is built from a cost recipe of labor, materials, machinery and time, and then linked to the BoQ or BoM item. The estimate is therefore transparent, reusable and ready to become the project budget. It works in the same way for a building, a hull, an offshore campaign, a mine development or an engineer-to-order product.

  • Measure: take off quantities from drawings, models or the client BoQ before pricing starts.
  • Price: then build unit rates from resources, productivity and current prices.
  • Check: compare the estimate with past projects before it goes to the bid manager.

How ProjectVIEW ERP supports cost estimators

01
How do I start from the client BoQ?
BoQs from any Excel format are imported and cleaned, then structured for pricing. Bill of Quantities Software
02
How is a unit rate built?
Each rate is a cost recipe, so it combines crew, plant, materials, subcontract and time per unit of work. Budget Estimation & Bidding
03
Can I estimate from the model?
Quantities can come from BIM through native connectors and are then linked to BoQ or BoM items. Bill of Quantities Software
04
Are my productivity assumptions realistic?
Rates and outputs are compared with comparable items and also with actual cost on completed projects. Budget Estimation & Bidding
05
Are material and subcontract prices current?
Recent quotations and supplier prices in the system feed the estimate, so rates stay current. Procurement and Purchasing
06
What happens to the estimate after award?
It then becomes the project budget per BoQ or BoM item, WBS activity and cost code. Cost Control

Your ProjectVIEW stack

AI agents

These specialized AI agents are available with ProjectVIEW v12. They work on governed ERP data, send risk alerts and propose actions. Your team approves every action. ProjectVIEW AI v12

Three ways to start: connect ProjectVIEW ERP to your current ERP, start with the modules you need most, or run the complete ERP + AI system. See integration with SAP, Oracle and other ERPs.

FAQ

FAQ: Cost Estimator / Estimating Engineer

Talk to our expert

Questions about your role or your industry? Talk to a subject-matter expert who implements ProjectVIEW ERP.

What is a cost recipe?

In short, a cost recipe is the breakdown of one unit of work into labor, materials, machinery, subcontract and time. ProjectVIEW ERP then uses it to build unit rates and to fill in resources automatically.

Can it take quantities from BIM?

Yes, because native connectors take quantities from BIM applications and then link them to BoQ or BoM items for pricing.

How do I make sure my rates are realistic?

Compare them with comparable items and also with the actual cost recorded on completed projects. In addition, the Bidding and Estimation AI Agent is designed to flag unusual assumptions.

Does the estimate become the budget?

Yes. After award, the priced BoQ becomes the budget per BoQ or BoM item, WBS activity and cost code, so there is no re-entry.

Which industries does this cover?

Construction, shipbuilding and repair, marine and offshore, mining and quarrying, as well as project-based manufacturing. The same estimating logic also applies in each, whether the scope is a BoQ, a BoM or a work package.

The Hidden Cost of “Good Enough” Estimation in Complex ProjectsDefence & Space Manufacturing ERP: Why Project-Based Manufacturing Starts with BoQ-to-BoM25+ Years of ERP Lessons Learned: Why Generic ERP Is Not Enough for Project-Based Industries