Cost Estimating Survey Results

Yes, the survey results are in! I little while ago I send out a survey to my LinkedIn connections. I wanted to see how well the cost estimating career is serving us, the cost estimators, through some slow economic times. From personal experience, cost estimating jobs are not as volatile as other technical positions within the construction industry. In slow economic times, companies are very busy bidding work to keep going. During good economic times, same companies are busy again, bidding work to compensate for the slow times. And, the cycle continues.

I also wanted to gather some data that would confirm the interest, or lack of it, in construction cost estimating training. I have been working on the development of an online cost estimating course and the survey data is quite encouraging. More than 50% of the survey participants said that they consider registering for cost estimating courses, and 40% of participants are considering achieving professional accreditation/certification.

The challenge: I have to position my course as better than what is offered elsewhere. I have been working on the development of this course for the past eight months. I researched the courses which are currently offered on line by other parties; I talked with individuals who are considering learning cost estimating; and with some who already completed cost estimating courses. My findings are consistent with a lack of proper understanding of the cost estimating knowledge foundation.

Any fool can know. The point is to understand. – Albert Einstein

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As for the survey, I would like to thank everyone who participated. Below are the survey results for your enjoyment. The data below is interactive, so please feel free to make your own selection of data and change the display. The survey will stay open. If you want to take the survey,click HERE. Come back and take another look at the graphs as they will keep updating as the survey results are added in.

What do you think about the results? Is the data shown here reflective of your own situation? Please leave your comments below. Share your thoughts with the rest of us!