Cost Engineer Duties & Responsibilities

The role and function of a Cost Engineer includes the following duties and responsibilities:

Use computer software to calculate estimates
Evaluate a product’s cost-effectiveness or profitability
Develop project plans for the duration of the project
Identify and quantify cost factors, such as production time, materials, and labor expenses factors
Consult with industry experts to discuss estimates and resolve issues
Read blueprints and technical documents in order to prepare estimates
Collaborate with engineers, architects, clients, and contractors on estimates
Recommend ways to make a product more cost effective or profitable
Work with sales teams to prepare estimates and bids for clients
Travel to job sites to gather information on materials needed, labor required, and other

Note that this is not an exhaustive list of Cost Engineer duties and responsibilities. Job functions for specific Cost Engineer roles may vary, depending on the industry and type of employer.

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