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§ OCCUPATION · GLOBAL STANDARDS

manufacturing cost estimator

Manufacturing cost estimators collect and analyse data to evaluate the money, materials, labour and time required for manufacturing processes.

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Description

Manufacturing cost estimators collect and analyse data to evaluate the money, materials, labour and time required for manufacturing processes. They conduct analyses to identify (alternative) cost effective technical designs and production processes. They develop and use methods and tools for cost planning, controlling and analysis. They also perform quantitative and qualitative risk analyses and report on the development of costs.

Theoretical Knowledge
ESSENTIALTheoretical knowledge required
manufacturing processescost managementmathematics
OPTIONALAdjacent knowledge that strengthens fit
project managementinternational business
Practical Skills
ESSENTIALApplied skills & competences
liaise with engineersmonitor production costsassess operating costexecute analytical mathematical calculationsprovide cost benefit analysis reportscalculate design costscalculate production costsassess financial viability
OPTIONALOptional competences
ensure cost efficiency in food manufacturingcalculate materials to build equipmentidentify process improvementsforecast production quantitiesprepare cost-plus pricing modelsmonitor production developmentsanalyse business plansevaluate cost of software productsperform cost accounting activitiesestimate costs of required suppliesanalyse production processes for improvementadvise on risk managementcontrol of expensessynthesise financial informationperform project managementestimate restoration costsaccurately estimate work hoursmanage budgetsread standard blueprintsread assembly drawingsestimate duration of work

GLOBAL RESOURCE

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SKILLS OVERVIEW

34 total
11 essential · 23 optional

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)

© 2026 DESTINAI · BETA 1.0 · ISCED ISCO O*NET ESCO
CareersSkillsPrivacyTermsEU AI Act notice