How much does a Cost Estimating Team Leader make in Providence, RI? The average Cost Estimating Team Leader salary in Providence, RI is $93,342 as of February 26, 2024, but the range typically falls between $84,500 and $106,473. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Cost Estimating Team Leader Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Estimating Team Leader Salary $76,449 Providence,RI February 26, 2024
25th Percentile Cost Estimating Team Leader Salary $84,500 Providence,RI February 26, 2024
50th Percentile Cost Estimating Team Leader Salary $93,342 Providence,RI February 26, 2024
75th Percentile Cost Estimating Team Leader Salary $106,473 Providence,RI February 26, 2024
90th Percentile Cost Estimating Team Leader Salary $118,429 Providence,RI February 26, 2024
25% $84,500 10% $76,449 90% $118,429 75% $106,473 $93,342 50%(Median) Didn’t find job title? Click
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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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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 varies from city to city. Compared with national average salary of Cost Estimating Team Leader, the highest Cost Estimating Team Leader salary is in San Francisco, CA, where the Cost Estimating Team Leader salary is 25.0% above. The lowest Cost Estimating Team Leader salary is in Miami, FL, where the Cost Estimating Team Leader salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
84500
106473
93342

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
85735
110141
95238
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Estimating Team Leader in Providence, RI. The base salary for Cost Estimating Team Leader ranges from $84,500 to $106,473 with the average base salary of $93,342. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,735 to $110,141 with the average total cash compensation of $95,238.
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84500
106473

 

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About Providence, Rhode Island    The Providence city limits enclose a small geographical region with a total area of 20.5 square miles (53 km2); 18.5 square miles (48 km2) of it is la....More

Providence, Rhode Island  area prices were up 1.6% from a year ago    View the Cost of Living in Providence, Rhode Island

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