Construction Economist: Key Skills, Qualifications and Career Path
Learn about the key skills, qualifications, and career path for a Construction Economist
Practice Interviews Online - Identify your strengths and weakness in a realistic Construction Economist mock interview, under 10 minutes
Practice Now »What is a Construction Economist?
As a Construction Economist, you essentially act as a financial advisor for construction projects, monitoring and controlling costs, and making sure everything stays within the budget. You'll calculate what materials will be needed, assess potential risk factors and their impact on costs, and advise on not only how to save money but also deliver project successfully.
Skills
- Strong analytical and mathematical skills
- Proficiency in cost estimation software and tools
- Excellent attention to detail and accuracy
- Knowledge of construction materials and methods
- Ability to interpret and analyze construction drawings and specifications
- Strong communication and negotiation skills
- Ability to work under pressure and meet deadlines
- Knowledge of industry regulations and standards
- Strong problem-solving and decision-making abilities
- Ability to work collaboratively in a team environment
Qualifications & Education
- Professional training and membership of an appropriate professional organisation is required for entry into the field of Cost Estimators in the UK
- To be eligible for professional examinations, candidates must have GCSEs/S grades and A levels/H grades, a BTEC/SQA award, a degree or equivalent qualification
- Candidates typically undergo a period of probationary training and professional assessment
Career Path
Frequently Asked Questions
A construction economist, also known as a quantity surveyor or cost manager, is a professional advisor in the construction industry. They are responsible for estimating and monitoring construction costs, which involves managing finances and administration related to construction projects.
The job of an industry economist is to create financial and economic forecasts and models. They analyze large amounts of data, research market trends, design company policies to solve problems, and develop economic policies.
Identify your strengths and weakness in a realistic Construction Economist mock interview, under 10 minutes
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