Should I Be a Certified Estimator?
Certified estimators, also known as certified cost estimators, generally work in the construction industry, though others work in manufacturing and other sectors. Common job tasks include reviewing bids, comparing vendor pricing, reading blueprints, and communicating with other professionals, such as subcontractors. Frequent travel may be necessary, and estimators must be accurate and timely to prevent loss of funds related to jobs.
|Degree Level||Bachelor's degree|
|Degree Field||Building science, construction management, or other business-related or industry-related field|
|Certification||Certification is voluntary and offered by several organizations|
|Experience||Relevant work experience can be beneficial|
|Key Skills||Analytical, detail oriented, critical-thinking, communication and time-management skills; knowledge of calculation programs and databases; knowledge of industry and materials used in the industry|
|Salary (2015)||$60,390 (Median annual salary for cost estimators, which include certified estimators)|
Source: U.S. Bureau of Labor Statistics
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Steps to Be a Certified Estimator
What steps do I need to take to become a certified estimator?
Step 1: Obtain a Bachelor's Degree
Estimators with work experience and a bachelor's degree have the best prospects of finding employment, according to BLS. Related programs, such as the Bachelor of Science in Construction Science and Management, generally offer core or elective courses in estimating. To become an estimator in manufacturing, students should consider programs in areas like mathematics or engineering.
Regardless of which degree program a student chooses, a strong aptitude for mathematics and deductive reasoning, along with critical-thinking and problem-solving skills, are required for a career as a cost estimator. Students can also learn how to design or use blueprints and models, as well as track reports and costs on databases. Courses to develop these skills can be beneficial for anyone pursuing a career in cost estimating.
Step 2: Find an Internship
Many undergraduate programs offer student internship programs in their fields of choice, such as construction. Internships are designed to allow students to apply classroom instruction to real-life situations under the supervision of a trained professional.
Step 3: Obtain Work Experience
Work experience allows new estimators to learn from more experienced estimators. It provides hands-on knowledge of blueprints, construction materials, and estimating procedures. Work experience is also a requirement for professional certification. Individuals seeking professional certification should acquire at least two years of professional experience after obtaining a bachelor's degree. Individuals without a bachelor's degree should have at least five years of professional experience before seeking certification.
Step 4: Obtain Professional Certification
The American Society of Professional Estimators (ASPE), International Cost Estimating and Analysis Association (ICEAA), and AACE International are the three main certification bodies for the cost estimating profession. The ASPE certification is for professionals working in the construction industry. The certification process for ASPE's Certified Professional Estimator (CPE) credential involves attending an orientation meeting, submitting a professional evaluation application, passing two written examinations, and writing an acceptable technical paper of at least 2,500 words.
The ICEAA supports professional cost estimators in the manufacturing, defense, space, environment, and transportation industries. It promotes a common body of knowledge for estimators in both the public and private sectors. ICEAA offers a Certified Cost Estimator/Analyst program (CCEA).
CCEA candidates are encouraged to train for the certification examinations. The Certified Estimator Body of Knowledge is a training program to prepare individuals for the test. The examination, which is divided into two parts, takes five hours. The first part tests foundational knowledge and practical application. The second part includes advanced analysis and case study.
The AACE offers a variety of certification options, including the Certified Cost Consultant (CCC), Certified Cost Engineer (CCE), Certified Cost Technician (CCT), and Certified Estimating Professional (CEP) credentials. All require professional experience, which can range from 4-8 years, or equivalent education and a written examination. Some have additional requirements.
Be sure to do your research. There are many different certifications available and they can change. So cost estimators should ensure that they are pursuing the certification that best fits their career goals. It is important to research the different certifications to ensure all of the educational or experience requirements have been met.
Step 5: Complete the Continuing Education and Professional Development Requirements of Your Certification
The ASPE has stringent requirements for certification renewal, which must be completed every three years. CPEs must actively participate in continuing education and be involved in the industry, as well as contribute to the construction estimating industry.
The ICEAA requires recertification every five years. ICEAA recertification requires a fee and either retaking the examination or earning 30 points, where points are awarded on a system based on continuing education and professional involvement.
Recertification for the AACE takes place every three years. The exception is CCT certification, which is an entry-level certification. After five years, CCTs must complete another level of professional certification. The other certifications require retaking the examination or gaining professional credits for recertification.
Certified estimators have bachelor's degrees. They are analytical and knowledgeable about their industries and the materials used in their industries. And they earn a median annual salary of $60,390.