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Career Guidance Skills information skills S2.6 - calculating and estimating S2.6.3 - estimating resource needs Estimate profitability
Description
Take various factors into account to calculate the cost and potential revenues or savings gained from a product in order to evaluate the profit that could be generated by the new acquisition or by a new project.
Occupations requiring this skill
This section is generated automatically.
Skill demand overview
- Essential in 2 occupations
- Optional in 13 occupations
- Total: 15 occupations
- Most common in: ISCO major group 1 (Managers)
Essential for
- Real estate investorReal estate investors buy and sell own real estate such as apartments, dwellings, land and non-residential buildings to make a profit. They might actively invest in these propertie…
- Property developerProperty developers buy land, finance deals, order construction projects and orchestrate the process of development. They purchase a tract of land, decide on a marketing strategy, …
Optional for
- Quantity surveyorQuantity surveyors have under their helm complete management of the cost involved in building and construction projects from the inception of the project until the delivery. They s…
- Financial managerFinancial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, e…
- Budget managerBudget managers assess financial proposals of different departments before granting financial resources to projects. They monitor the implementation of budget policies and procedur…
- Call centre quality auditorCall centre quality auditors listen to calls from the call centre operators, recorded or live, in order to assess compliance with protocols and quality parameters. They grade the e…
- Marketing managerMarketing managers carry out the implementation of efforts related to the marketing operations in a company. They develop marketing strategies and plans by detailing cost and resou…
- Solar energy technicianSolar energy technicians install and maintain systems that collect solar energy. They prepare the necessary fixtures, often on roofs, install solar panels, and plug them into an el…
- Real estate agentReal estate agents administer the sales or letting process of residential, commercial properties or land on behalf of their clients. They investigate the property's condition and a…
- Resource managerResource managers manage resources for all potential and assigned projects. They liaise with the different departments to see that all various resources are met, in a timely manner…
- Sales managerSales managers develop sales and targeting strategies for a company. They manage sales teams, allocate sales resources based on the plans, prioritise and follow up on critical lead…
- Supply chain managerSupply chain managers plan, manage and coordinate all activities related to the sourcing and procurement of supplies needed to run manufacturing operations from the acquisition of …
- Property assistantProperty assistants perform several duties including administrative tasks in the real estate sector. They provide clients with financial information about properties and advise the…
- Operations managerOperations managers plan, oversee and coordinate the daily operations of production of goods and provision of services. They also formulate and implement company policies and plan …
- Programme managerProgramme managers coordinate and oversee several projects working simultaneously. They ensure workability and compatibility among projects ensuring that overall, each one of the p…
Related skills
- Manage budgets
- Liaise with managers
- Manage staff
- Project management
- Corporate social responsibility
- Assess financial viability
- Statistics
- Follow company standards
- Accounting techniques
- Real estate market
- Strive for company growth
- Control financial resources
Last updated on February 18, 2026
