NAICS Code 541330-19 - Engineers-Cost

Marketing Level - NAICS 8-Digit

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Contact Emails: 12
Company Websites: 2
Phone Numbers: 3
Business Addresses: 4
Companies with Email: 2
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NAICS CODE 541330-19
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NAICS Code 541330-19 Description (8-Digit)

Engineers-Cost is a subdivision of the Engineering Services industry that specializes in providing cost engineering services to clients. Cost engineering involves the application of scientific principles and techniques to estimate the cost of a project or product. Engineers-Cost professionals use their expertise to provide clients with accurate cost estimates, cost control, and cost management services. They work closely with project managers, architects, and other engineers to ensure that projects are completed within budget and on time.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 541330 page

Tools

Tools commonly used in the Engineers-Cost industry for day-to-day tasks and operations.

  • Cost estimating software
  • Project management software
  • Spreadsheet software
  • Statistical analysis software
  • Database management software
  • Financial analysis software
  • Risk analysis software
  • Data visualization software
  • CAD software
  • Simulation software

Industry Examples of Engineers-Cost

Common products and services typical of NAICS Code 541330-19, illustrating the main business activities and contributions to the market.

  • Construction cost estimating
  • Manufacturing cost analysis
  • Energy cost management
  • Infrastructure project cost control
  • Aerospace cost engineering
  • Defense industry cost estimation
  • Transportation project cost management
  • Mining project cost analysis
  • Oil and gas project cost estimation
  • Telecommunications cost engineering

History

A concise historical narrative of NAICS Code 541330-19 covering global milestones and recent developments within the United States.

  • The Engineers-Cost industry has a long history dating back to the early 20th century when the first cost engineers were hired by the US government to manage the costs of large-scale construction projects. During World War II, cost engineering became an essential part of the war effort, and the industry grew rapidly. In the post-war period, the industry continued to expand as companies began to recognize the value of cost engineering in managing complex projects. In recent years, the industry has seen significant growth due to the increasing demand for cost engineering services in the construction, manufacturing, and energy sectors. In the United States, the Engineers-Cost industry has experienced significant growth in recent years due to the increasing demand for cost engineering services in the construction, manufacturing, and energy sectors. The industry has also benefited from advances in technology, which have made it easier to collect and analyze data, and from the growing trend towards outsourcing non-core functions. Despite the challenges posed by the COVID-19 pandemic, the industry has remained resilient, and many firms have adapted to the new normal by offering virtual services and implementing new safety protocols.