Chief Estimator Goals and Objectives Examples
Maintain an up-to-date database of industry-standard cost data.
Evaluate project costs and prepare detailed estimates for bidding purposes.
Develop and maintain relationships with subcontractors and suppliers.
Ensure all bids are submitted on time and in accordance with project requirements.
Continuously analyze bid results to improve estimating accuracy.
Implement new technologies to streamline the estimating process.
Develop cost-saving strategies that reduce overall project expenses.
Communicate effectively with project owners, architects, and engineers to ensure accurate estimates.
Collaborate with project managers to create budgets for ongoing projects.
Monitor job site conditions and adjust estimates accordingly.
Ensure all bids comply with legal and regulatory requirements.
Stay informed about changes in construction materials and methods.
Train and mentor junior estimators.
Conduct competitive analysis of other construction firms.
Participate in industry organizations and events to stay current on best practices.
Develop standard procedures for the estimating department.
Produce detailed takeoffs from architectural drawings and specifications.
Review bids to identify potential areas for improvement in future estimates.
Coordinate with procurement staff to obtain accurate pricing from vendors.
Develop and maintain a library of standard estimating templates.
Provide project management with accurate budget projections.
Develop and maintain relationships with clients to secure future business.
Work with legal counsel to negotiate contracts with subcontractors and suppliers.
Provide feedback to design professionals to help optimize design for cost savings.
Ensure all estimates are complete, accurate, and in line with project scope.
Facilitate communication between team members to ensure effective collaboration.
Attend pre-bid meetings and site visits to assess project risks and opportunities.
Participate in value engineering sessions with design professionals to achieve project savings.
Conduct rigorous peer reviews of estimates to identify areas for improvement.
Develop and manage a comprehensive cost-tracking system to monitor project expenses.
Manage multiple estimates concurrently while meeting all deadlines.
Ensure the estimating department is staffed appropriately to meet demand.
Create detailed materials lists and obtain accurate pricing from suppliers.
Work with accounting staff to ensure accurate tracking of expenses and billing.
Provide regular feedback to senior management on project status and estimated costs.
Develop and maintain relationships with lenders and bonding companies to secure financing for projects.
Constantly evaluate and improve estimating techniques to maintain competitive edge.
Provide input to project managers regarding scope changes and their impact on budgets.
Develop contingency plans for unexpected events that could impact project costs.
Monitor construction industry trends to identify new opportunities for business growth.
Develop and implement effective risk management strategies for each project.
Develop a library of standard building systems for use in estimating.
Provide support to project teams during construction to ensure budget compliance.
Analyze past performance data to improve future estimates.
Maintain an up-to-date understanding of local building codes and regulations.
Attend trade shows to learn about new construction products and materials.
Collaborate with marketing staff to develop effective proposals and bid packages.
Prepare presentations for clients on their projects’ estimated costs and timelines.
Manage the estimating department’s budget, including personnel and software expenses.
Oversee contract negotiations and compliance with subcontractors and suppliers.
Maintain up-to-date knowledge of market trends, labor rates, and material costs.
Evaluate current software platforms and recommend improvements as necessary.
Develop and maintain dashboards that provide senior management with critical performance metrics.
Establish quality control procedures for the estimating process.
Ensure company-wide adherence to ethical standards in all bidding activities.
Cross-train team members to improve departmental efficiency.
Develop and maintain a comprehensive database of historical cost data.
Collaborate with project teams to identify potential change orders and their impact on budgets.
Provide accurate and timely reports to senior management on all aspects of the estimating function.
Work with insurance providers to ensure appropriate coverage for ongoing projects.
Manage the estimating department’s staffing levels to respond to changing business needs.
Develop standard operating procedures for each phase of the estimating process.
Maintain positive relationships with regulatory agencies and government officials.
Foster a culture of continuous improvement within the estimating department.
Ensure compliance with all environmental regulations.
Conduct regular performance reviews of team members.
Develop and implement effective training programs for junior estimators.
Advocate for the use of sustainable building practices and materials.
Complete ongoing professional development activities to stay current in the field.
Champion the use of technology to improve estimating accuracy and efficiency.
Manage the estimating department’s workload to minimize overtime expenses.
Ensure all bids are commercially viable and competitive within the marketplace.
Promote a positive and collaborative work environment within the estimating department.
Foster productive relationships with other departments, including accounting and procurement.
Develop and maintain accurate and up-to-date project schedules.
Help develop marketing strategies to expand the company’s business opportunities.
Attend industry conferences and events to network with peers and learn about new trends.
Maintain strict adherence to safety regulations and best practices.
Review project plans and specifications to identify potential cost-saving options.
Maintain accurate records of all bid documents, estimates, and other relevant information.