Identify and establish cost estimation targets throughout the design and development
process, offering recommendations for cost-effective solutions.
Collect proposals, specifications, and relevant documentation, collaborating with
stakeholders to translate specifications into cost estimates for both new
and existing products.
Employ cost estimation methodologies, tools, and suitable software models and
packages to ensure the preparation and maintenance of reliable, accurate data.
Develop cost estimates pertaining to production processes and tooling expenses, and
explore alternatives or provide suggestions for enhancements.
Evaluate the cost efficiency of products, monitor actual expenses against the
budget, and provide regular updates to ensure alignment with forecasted costs.