How much does a Cost Estimation Engineer II make in Ohio? The average Cost Estimation Engineer II salary in Ohio is $81,465 as of April 24, 2024, but the range typically falls between $72,030 and $93,575. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Cost Estimation Engineer II Salary | $63,440 | OH | April 24, 2024 |
25th Percentile Cost Estimation Engineer II Salary | $72,030 | OH | April 24, 2024 |
50th Percentile Cost Estimation Engineer II Salary | $81,465 | OH | April 24, 2024 |
75th Percentile Cost Estimation Engineer II Salary | $93,575 | OH | April 24, 2024 |
90th Percentile Cost Estimation Engineer II Salary | $104,601 | OH | April 24, 2024 |
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.
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.
Value Engineering: Value engineering (VE) is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be manipulated by either improving the function or reducing the cost. It is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of pursuing value improvements. The term "value management" is sometimes used as a synonym of "value engineering", and both promote the planning and delivery of projects with improved performance The reasoning behind value engineering is as follows: if marketers expect a product to become practically or stylistically obsolete within a specific length of time, they can design it to only last for that specific lifetime. The products could be built with higher-grade components, but with value engineering they are not because this would impose an unnecessary cost on the manufacturer, and to a limited extent also an increased cost on the purchaser. Value engineering will reduce these costs. A company will typically use the least expensive components that satisfy the product's lifetime projections.
HVAC: Designing, developing, maintaining, and updating Heating, Ventilation, Air-conditioning and Cooling system.
Cost Estimation Engineer II estimates costs for construction, engineering, manufacturing, or other implementation projects based on an analysis of project technical requirements. Collects data and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Being a Cost Estimation Engineer II identifies and quantifies potential cost uncertainties to ensure costing models capture the full range of potential costs. Updates costs as necessary based on new information and project scope changes. Additionally, Cost Estimation Engineer II coordinates with project management, engineering, procurement and other project stakeholders. Requires a bachelor's degree. Typically reports to a manager. The Cost Estimation Engineer II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Cost Estimation Engineer II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Chillicothe, OH | Avg. Salary $77,050 | Date Updated April 24, 2024 |
Location Lakewood, OH | Avg. Salary $81,798 | Date Updated April 24, 2024 |
Location Portsmouth, OH | Avg. Salary $76,051 | Date Updated April 24, 2024 |
Location Aberdeen, OH | Avg. Salary $75,551 | Date Updated April 24, 2024 |
Location Ada, OH | Avg. Salary $78,300 | Date Updated April 24, 2024 |
Location Adamsville, OH | Avg. Salary $77,467 | Date Updated April 24, 2024 |
Location Addyston, OH | Avg. Salary $81,382 | Date Updated April 24, 2024 |
Location Adelphi, OH | Avg. Salary $76,884 | Date Updated April 24, 2024 |
Location Adena, OH | Avg. Salary $77,800 | Date Updated April 24, 2024 |
Location Akron, OH | Avg. Salary $80,382 | Date Updated April 24, 2024 |
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 Estimation Engineer II, the upper level is Cost Estimation Engineer III and then progresses to Cost Estimation Engineer IV.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Cost Accountant II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Cost Engineer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Cost Engineer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Cost Engineer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Cost Estimation Engineer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Cost Estimation Engineer II salary of your education level.
Cost Estimation Engineer II salary varies from country to country. There are several factors that mainly impact the Cost Estimation Engineer II salary, including cost of living, economic conditions, market rates and legal differences. Click below to Cost Estimation Engineer II salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Cost Estimation Engineer II salary varies from category to category. Click below to see Cost Estimation Engineer II salary in different categories.
About Ohio Ohio /oʊˈhaɪoʊ/ (listen) is a Midwestern state in the Great Lakes region of the United States. Of the fifty states, it is the 34th largest by area, th....More
Skills associated with Cost Estimation Engineer II: Cost Estimation, Make To Order, ERP Systems, Project Estimation ...More
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