Description

The main responsibility of estimation managers is to present estimates of costs and timelines for project milestones as well as their finalization. The daily tasks involve collecting data from the parties involved, creating precise estimates, and sharing this information with the those in charge and teams. Based on the organization and their position, estimating managers might be in constant contacts with vendors, customers as well as internal management as well as other management. While some estimators are part of small teams on big projects, they often operate on their own to ensure coordination and planning between all the parties.

The physical requirements of this job typically involve lengthy hours spent in front of computers, though there could be some work in field sites that are related to construction or other tasks. The hours of work may differ based on the specific project or requirement however, these professionals typically operate during normal business hours.

Due to the specific nature of these jobs the requirements for education vary however the requirement is a bachelor's degree and the graduation certificate from a high school or similar is required. A lot of positions require extensive knowledge of the job as well as the capability to comprehend blueprints and technical documents, as well. Furthermore, managers who manage estimating require outstanding communication skills, be adept with basic computer programs, and be able to multitask effectively. They should be able to work by themselves with little supervision, and also working in a group setting.

Roles & Responsibilities

As an Estimating Manager with 6-9 years of experience in the United Kingdom, your main responsibilities include:

  • Oversee the estimation process, ensuring accurate cost calculations and timelines for construction projects.
  • Collaborate with project managers and stakeholders to develop comprehensive project cost estimates and budgets.
  • Supervise and guide the estimating team, providing training and support in bidding strategies and pricing analysis.
  • Continuously evaluate and improve estimating procedures, incorporating industry best practices and cost-saving measures.

Qualifications & Work Experience

For an Estimating Manager job role, the following qualifications are required:

  • Extensive experience in construction estimating, including a strong understanding of construction plans, specifications, and industry best practices.
  • Excellent analytical skills to interpret data, perform cost analysis, and develop accurate and competitive project estimates.
  • Strong leadership abilities to manage a team of estimators, providing guidance, training, and support while ensuring the accuracy and timeliness of estimates.
  • Exceptional communication and interpersonal skills to collaborate effectively with clients, project managers, and subcontractors, establishing rapport and resolving any estimating-related issues in a professional manner.

Essential Skills For Estimating Manager

1

Cost Analysis

2

Leadership Management

3

Budget Estimation

4

Leadership Communication

Skills That Affect Estimating Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

People Management

4%

Microsoft Excel

6%

Career Prospects

The role of an Estimating Manager is essential in overseeing project estimation and cost analysis. For professionals with 6-9 years of experience in the United Kingdom, here are following alternative roles to consider:

  • Construction Project Manager: A position that involves managing and coordinating all aspects of construction projects, including budgeting, scheduling, and resource allocation.
  • Cost Control Engineer: A role focused on monitoring and controlling project costs, analyzing variances, and implementing cost-saving measures.
  • Quantity Surveyor: A position that involves assessing and managing project costs, including estimating quantities, preparing bills of quantities, and valuing work done.
  • Business Development Manager: A role that entails identifying and pursuing new business opportunities, conducting market research, and developing strategic partnerships.

How to Learn

Based on the available data points, the job role of Estimating Manager in the United Kingdom is expected to experience steady growth in the market. Over the past 10 years, there has been a consistent demand for professionals in this role, indicating its stability and importance within industries. With the increasing complexity of projects and the need for accurate cost estimation, the position of Estimating Manager is projected to continue growing in the foreseeable future. This trend suggests that there will be a substantial number of employment opportunities available in this field in the coming years.