How much does a Cost Estimating Team Leader make in Michigan? The average Cost Estimating Team Leader salary in Michigan is $87,916 as of February 26, 2024, but the range typically falls between $79,588 and $100,284. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Cost Estimating Team Leader Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Estimating Team Leader Salary $72,005 MI February 26, 2024
25th Percentile Cost Estimating Team Leader Salary $79,588 MI February 26, 2024
50th Percentile Cost Estimating Team Leader Salary $87,916 MI February 26, 2024
75th Percentile Cost Estimating Team Leader Salary $100,284 MI February 26, 2024
90th Percentile Cost Estimating Team Leader Salary $111,545 MI February 26, 2024
25% $79,588 10% $72,005 90% $111,545 75% $100,284 $87,916 50%(Median) Didn’t find job title? Click
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Electrical Estimator

Annonymous - Carlsbad, NM

Estimating Manager - Construction

Metro Environmental Services - Holbrook, NY

What skills does a Cost Estimating Team Leader need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

2.

Installation: The action or process of installing someone or something, or of being installed. the act of installing the state of being installed, something that is installed for use.

3.

Data Analysis: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.

Project Management 6.19%
Installation 1.82%
Data Analysis 1.07%
Others 90.92%

Job Description for Cost Estimating Team Leader

Cost Estimating Team Leader develops cost estimates for projects based on work scope, specifications, and contract proposals using applicable estimating methodologies and tools. Analyzes project requirements, plans, and specifications to identify labor, material, equipment, and service requirements. Being a Cost Estimating Team Leader uses benchmark data, trends, prior estimates, and historical pricing schedules to generate detailed cost estimates that consist of itemized lists of expenses, labor hours, material quantities, and potential cost variations. Depending on the complexity and type of project, may use different estimating methods, mathematical models, or specialized estimating software tools to generate estimates. Additionally, Cost Estimating Team Leader provides guidance and training on estimating best practices. May require a bachelor's degree or equivalent. Typically reports to a manager. Working team member that may validate or coordinate the work of others on a support team. Suggests improvements to process, is a knowledge resource for other team members. Has no authority for staff actions. Generally has a minimum of 2 years experience as an individual contributor. Thorough knowledge of the team processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Estimating Team Leader in Michigan

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Location Avg. Salary Date Updated
Location Taylor, MI Avg. Salary $89,487 Date Updated February 26, 2024
Location Acme, MI Avg. Salary $83,539 Date Updated February 26, 2024
Location Ada, MI Avg. Salary $85,967 Date Updated February 26, 2024
Location Addison, MI Avg. Salary $89,555 Date Updated February 26, 2024
Location Adrian, MI Avg. Salary $88,017 Date Updated February 26, 2024
Location Afton, MI Avg. Salary $82,368 Date Updated February 26, 2024
Location Ahmeek, MI Avg. Salary $84,203 Date Updated February 26, 2024
Location Akron, MI Avg. Salary $82,463 Date Updated February 26, 2024
Location Alanson, MI Avg. Salary $82,368 Date Updated February 26, 2024
Location Alba, MI Avg. Salary $82,368 Date Updated February 26, 2024

Career Path for Cost Estimating Team Leader

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Estimating Team Leader, the upper level is Estimating Supervisor and then progresses to Estimating Manager.

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Cost Estimating Team Leader Salary in Michigan
Cost Estimating Team Leader Salary Graph, Regional Distribution and Summary