Determine cost estimate targets during the design and development
process, recommending cost effective solutions
Gather proposals, specifications and related documents and liaise with
stakeholders in order to convert specifications to cost estimates for new
and current products
Utilise cost methodologies and tools and appropriate software models and
packages to prepare and maintain reliable and accurate data
Establish cost estimates of production processes and tooling costs and
review alternatives or put forward recommendations for improvement
Assess cost effectiveness of products and track actual costs relative to
budget and report status on a regular basis to ensure costs are in line with
forecasts