How to become a cost estimator

Is becoming a cost estimator right for me?

The first step to choosing a career is to make sure you are actually willing to commit to pursuing the career. You don’t want to waste your time doing something you don’t want to do. If you’re new here, you should read about:

Overview
What do cost estimators do?
Career Satisfaction
Are cost estimators happy with their careers?
Personality
What are cost estimators like?

Still unsure if becoming a cost estimator is the right career path? to find out if this career is right for you. Perhaps you are well-suited to become a cost estimator or another similar career!

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How to become a Cost Estimator

Becoming a cost estimator involves a mix of education, hands-on experience, and developing specific skills. Here’s a clear guide to starting a career as a cost estimator:

  • Bachelor's Degree: Pursue a degree in a field like construction management, engineering, business, or something related. Some employers may also accept degrees in math or statistics. Look for programs that include courses in cost estimation and project management to get a strong foundation.
  • Gain Relevant Experience: Get practical experience through internships, co-op programs, or entry-level positions. This hands-on work helps you understand how cost estimating works in real projects and gives you exposure to industry practices.
  • Specialize if Necessary: Depending on your interests, you might focus on a particular industry, such as construction, manufacturing, or IT. Specializing helps you gain deeper knowledge and become more valuable in your chosen field.
  • Consider Certification: While not required, certifications can boost your credibility and marketability. Professional organizations, like the American Society of Professional Estimators (ASPE), offer certifications for cost estimators.
  • Advance Your Education (Optional): Some cost estimators pursue advanced degrees, such as a Master’s in Project Management or a related field, to expand their knowledge and career opportunities.
  • Apply for Positions: Start applying for entry-level or junior estimator roles. Highlight your education, relevant experience, and any certifications you have. Focus on skills in cost estimation, math, and project management.
  • Career Development: As you gain experience, take on larger and more complex projects. Continuing education and professional growth are key to advancing your career as a cost estimator.

Certifications
Certifications can help cost estimators demonstrate their expertise and commitment to professional development. Some relevant certifications include:

  • Certified Cost Professional (CCP): Offered by the Association for the Advancement of Cost Engineering International (AACEI), this certification is recognized globally and shows proficiency in cost engineering and estimating.
  • Certified Construction Estimator (CCE): Offered by the American Society of Professional Estimators (ASPE), this certification is designed for construction estimators and covers many aspects of cost estimating.
  • Certified Professional Estimator (CPE): Also from ASPE, this certification covers a broad range of estimating topics for professionals in the field.
  • Project Management Professional (PMP): While not specific to estimating, this certification from the Project Management Institute (PMI) includes project cost management and is recognized worldwide.
  • Certified Professional Constructor (CPC): Offered by the American Institute of Constructors (AIC), this certification covers construction management, including cost estimating skills.
  • Estimator Certification Program (ECP): Provided by ASPE, this program includes a certification exam covering estimating principles and practices.