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Chosen career:
Cost Estimator
Business
Description
Cost estimators think about all the costs involved in a project before it starts. This is especially useful if the company is looking for a contract, for example from the government, and needs to prove that their costs have been considered in an initial project proposal so that they know it is possible.
Routes
May require a degree in finance, accounting or business, but degrees that give mathematical skills are relevant.
Example UK Employers
Lockheed Martin.
Key Stage 2 Curriculum Links
Maths
Number: Cost estimators add up the costs of lots of individual items.
Fractions: Cost estimators distribute costs between different projects.
Statistics: Cost estimators calculate statistics to compare costs.
Algebra: Cost estimators use algebra to combine the costs of different amounts of items.
Key Stage 3 Curriculum Links
Maths
Number: Cost estimators add up the costs of lots of individual items.
Algebra: Cost estimators use algebra to combine the costs of different amounts of items.
Ratio, proportion and rates of change: Cost estimators distribute costs between different projects.
Statistics: Cost estimators calculate statistics to compare costs.
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