COST ESTIMATOR

EDUCATION and EXPERIENCE: 

 

Knowledge of cost estimating techniques; understanding of engineering, manufacturing and related operations; working knowledge of Cost Accounting Systems.  Equivalent to 2 years of college.  Strong working knowledge of MS Excel.  3 to 5 years experience, to qualify.

 

DUTIES:

 

Under direction of the Proposal Manager or designee, is responsible for preparing moderate price proposals of limited scope and complexity.  Assists in the accumulation, analysis, and presentation of data required for assignments of greater scope and complexity. Duties include, but are not limited to, the following:

 

Prepare price proposals, providing maximum visibility to all technical and financial data.  Utilizing historical and current source data, review estimates for accuracy by comparing numbers to similar programs or estimates prior to reviewing estimates with supervision.  Analyze individual cost elements. Recognize and analyze scope of work involved.  Use approved estimating methods and source data and prepare and present results in an organized form and with sufficient detail to facilitate review or be readily adaptable for inclusion into complete cost estimate summary.  Ensure all estimates are auditable and in accordance with U.S. Government Cost Accounting Standards.

 

Notify all support functions of impending work requirement and include copies of milestone charts with required due dates and activity time frames.  Prepare a detail Bill of Material.  Request quotations (with sufficient definition) for all outside services and material dollars.  Estimate the direct labor hours for all items on the Bill of Material that require direct labor effort.  Estimate and develop production hours, tooling costs, engineering costs, quality costs, packaging costs, other costs, facilities costs, tooling and engineering sustaining ratios, inspection ratios, material allowance factors, program management, and configuration management.  Upon final pricing establishment, prepare the final proposal presentation for estimating supervision review.

 

Report any unusual changes or conditions, or serious slippages in commitment dates.  Maintain and upgrade knowledge in price proposals and estimating requirements.   Maintains complete, organized, and auditable files.