Key Responsibilities of a Cost Estimator in Construction Quantity Takeoff: Use integrated quantity takeoff software to measure and quantify materials, labor, and equipment accurately. Cost Analysis & Forecasting: Assess historical data, market trends, and supplier pricing to forecast project costs using advanced estimating tools. Bid Preparation: Prepare detailed estimates and proposals, streamline bidding and tendering management, and submit them efficiently to clients. How ProjectVIEW ERP Supports Cost Estimators 01 Ensuring Accuracy with Quantity Verification Cross-check quantities imported from Excel against measurements from 2D drawings and BIM entities to ensure precise takeoffs. 02 Detailed Cost Breakdown — BoQ Structuring Create nested BoQ sub-items to enable in-depth cost analysis and estimation. 03 Streamlined Bidding by Splitting BoQ into Packages/Divisions Divide the BoQ into subcontractor packages and divisions for EPC and civil works teams, accelerating the tendering process. 04 Optimized Cost Recipes Associate BoQ lines with predefined cost recipes, instantly reflecting resources for faster and more accurate estimates. 05 Budget Scenario Planning Apply templates for indirect costs, overheads, profit margins, and risk factors, then run comparative budget scenarios. 06 Risk & Cost Forecasting Forecast costs and risks based on inflation, improve accuracy in construction cost predictions, and manage version control for scenario comparisons. YOUR SOLUTIONS Explore Modules ProjectVIEW ERP Core Budget Estimation – Bidding Cost Control Subcontractors Management Procurement and Purchasing Machinery Maintenance HRMS Payroll Book a Demo YOU CAN ALSO READ Cost Analysis Simplified Read More