Conceptual Estimator

Job Duties & Responsibilities

• Develop conceptual budgets and order-of-magnitude estimates using limited design information, narratives, or performance criteria
• Create detailed line-item estimates based on assumed quantities and scope definitions
• Analyze historical project data, market trends, and cost indices to establish accurate benchmarks
• Build and maintain cost models throughout design development to stay aligned with client budget goals
• Update and refine estimates as design progresses
• Collaborate with clients, architects, and engineers to evaluate design options, materials, and systems
• Provide real-time cost feedback during design meetings to support informed decisions
• Support value management and life-cycle cost analysis to maximize value within budget constraints
• Support pursuit efforts by preparing budgets for CM proposals, feasibility studies, and design-build RFPs
• Participate in client meetings to clearly communicate scope, assumptions, risks, and cost drivers
• Cookordination with trade partners and internal estimators to validate assumptions and pricing strategies
• Develop clear Work Breakdown Structures to communicate estimate organization
• Maintain estimating databases, cost reports, pricing logs, and benchmarking data
• Clearly define estimate inclusions, exclusions, and assumptions for internal teams and clients
• Prepare variance reports tracking estimate changes through each design phase

Qualifications

• Bachelor’s degree in Construction Management, Engineering, Architecture, or a related field
• 5–10 years of estimating or preconstruction experience, with an emphasis on conceptual budgeting
• Proven ability to develop reliable budgets with incomplete information across diverse market sectors
• Deep understanding of building systems, construction means and methods, and local market conditions
• Strong analytical and problem-solving skills, with the ability to think strategically and creatively
• Excellent written and verbal communication skills, including the ability to present complex information clearly
• Proficiency in estimating software, digital database tools, digital quantity takeoff software, and MS Office Suite
• Familiarity with BIM and model-based estimating is a plus
• Ability to build relationships and work collaboratively with clients, design teams, and trade partners