Table 1Transition record

cost analysttomanufacturing cost estimator

A cost analyst already meets 37% of what the manufacturing cost estimator role asks for. The move turns on 6 required skills not yet in the profile.

From cost analyst

37%

Overlap1

To manufacturing cost estimator

11 Skills carried over

6 Required, not held

60.1 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 60.1

This move: 60.1 of 100 · substantial

1 Share of the manufacturing cost estimator role’s weighted skill requirement already met by the cost analyst profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Table 2

Table 2 · What you already bring

Of the 11 skills that carry over, these are the ones fewest other occupations ask for. A manufacturing cost estimator role needs them, and most people applying for one will not have them already. This is the part of a cost analyst background worth leading with.

Skill the target role also needs Area

already held prepare cost-plus pricing models information skills
already held calculate production costs information skills
already held perform cost accounting activities management skills
already held synthesise financial information information skills
already held identify process improvements management skills
already held control of expenses information skills

All 11 carried skills, including the 5 the manufacturing cost estimator role treats as required.

Table 3

Table 3 · What you would need to learn

The 23 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier

01 information skills 3 required, 13 supplementary

required, not held monitor production costs required
required, not held calculate design costs required
required, not held assess operating cost required

optional, not held evaluate cost of software products optional
optional, not held estimate restoration costs optional
optional, not held accurately estimate work hours optional
optional, not held advise on risk management optional
optional, not held analyse business plans optional
optional, not held analyse production processes for improvement optional
optional, not held calculate materials to build equipment optional
optional, not held estimate costs of required supplies optional
optional, not held estimate duration of work optional
optional, not held forecast production quantities optional
optional, not held monitor production developments optional
optional, not held read assembly drawings optional
optional, not held read standard blueprints optional

02 communication, collaboration and creativity 1 required

required, not held liaise with engineers required

03 engineering, manufacturing and construction 1 required

required, not held manufacturing processes required

04 natural sciences, mathematics and statistics 1 required

required, not held mathematics required

05 business, administration and law 2 supplementary

optional, not held project management optional
optional, not held international business optional

06 management skills 2 supplementary

optional, not held ensure cost efficiency in food manufacturing optional
optional, not held perform project management optional

Table 4

Table 4 · Where to start

The 3 entries a manufacturing cost estimator role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 11 skills that carry over

Skill Type

already held assess financial viability skill
already held calculate production costs skill
already held cost management knowledge
already held execute analytical mathematical calculations skill
already held provide cost benefit analysis reports skill
already held control of expenses skill
already held identify process improvements skill
already held manage budgets skill
already held perform cost accounting activities skill
already held prepare cost-plus pricing models skill
already held synthesise financial information skill

17 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held evaluate cost of software products optional
optional, not held ensure cost efficiency in food manufacturing optional
optional, not held estimate restoration costs optional
optional, not held project management optional
optional, not held accurately estimate work hours optional
optional, not held advise on risk management optional
optional, not held analyse business plans optional
optional, not held analyse production processes for improvement optional
optional, not held calculate materials to build equipment optional
optional, not held estimate costs of required supplies optional
optional, not held estimate duration of work optional
optional, not held forecast production quantities optional
optional, not held international business optional
optional, not held monitor production developments optional
optional, not held perform project management optional
optional, not held read assembly drawings optional
optional, not held read standard blueprints optional

22 held skills the manufacturing cost estimator role does not ask for

Skill Type

not needed by the target role advise on tax planning skill
not needed by the target role analyse financial performance of a company skill
not needed by the target role analyse financial risk skill
not needed by the target role analyse transportation costs skill
not needed by the target role carry out tendering skill
not needed by the target role company policies knowledge
not needed by the target role create a financial plan skill
not needed by the target role create a financial report skill
not needed by the target role disseminate information on tax legislation skill
not needed by the target role enforce financial policies skill
not needed by the target role evaluate budgets skill
not needed by the target role exert expenditure control skill
not needed by the target role explain accounting records skill
not needed by the target role financial department processes knowledge
not needed by the target role financial forecasting knowledge
not needed by the target role interpret financial statements skill
not needed by the target role liquidity management knowledge
not needed by the target role manage inventory skill
not needed by the target role manage payroll reports skill
not needed by the target role negotiate supplier arrangements skill
not needed by the target role prepare financial statements skill
not needed by the target role support development of annual budget skill

4 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier

required, not held manufacturing processes required
required, not held mathematics required
optional, not held project management optional
optional, not held international business optional

Index

Other moves recorded from cost analyst

Full index of moves from cost analyst

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.