1 hard skill or competency (industry competency) for Top Real Estate Executive
Skill definition-Providing overall planning, coordination, and control of construction processes.
Level 1 Behaviors
(General Familiarity)
Lists the tools and technologies used in construction management.
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Level 2 Behaviors
(Light Experience)
Reports schedule updates and submittals to management.
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Level 3 Behaviors
(Moderate Experience)
Works with engineers, architects, and contractors to discuss project objectives and progress.
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Level 4 Behaviors
(Extensive Experience)
Supervises the adherence of construction projects to client contracts and engineering practices.
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Level 5 Behaviors
(Mastery)
Oversees the development and approval of project estimates and resources.
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7 general skills or competencies (Job family competencies) for Top Real Estate Executive
Skill definition-Evaluating and measuring the project's value throughout its life cycle to determine the most advantageous return on investment options.
Level 1 Behaviors
(General Familiarity)
Identifies and describes the concepts and principles of capital budgeting.
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Level 2 Behaviors
(Light Experience)
Supports the development of a routine capital budgeting process to ensure a healthy return on investment (ROI).
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Level 3 Behaviors
(Moderate Experience)
Works with operations teams to handle business capital spend budgeting and cash flow roll-up.
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Level 4 Behaviors
(Extensive Experience)
Reviews facility's needs to create capital recommendations for budgeting purposes.
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Level 5 Behaviors
(Mastery)
Promotes modernized capital planning to drive accuracy and efficiency in the budgeting process.
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Skill definition-Acquiring land while complying with established laws and regulations and providing resettlement or compensation plans for landowners.
Level 1 Behaviors
(General Familiarity)
Identifies the property owner information required for land acquisition processes.
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Level 2 Behaviors
(Light Experience)
Supports all aspects of land acquisition, from identifying potential land prospects to closing land transactions.
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Level 3 Behaviors
(Moderate Experience)
Utilizes market research to identify potential land acquisition opportunities.
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Level 4 Behaviors
(Extensive Experience)
Monitors the latest trends in land development to secure the achievement of organizational goals.
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Level 5 Behaviors
(Mastery)
Presents land acquisition and disposition opportunities to help the organization meet strategic plans.
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10 soft skills or competencies (core competencies) for Top Real Estate Executive
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Discusses the strengths and weaknesses of our products and services.
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Level 2 Behaviors
(Light Experience)
Explains advantages and disadvantages of different organizational structures from an efficiency perspective.
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Level 3 Behaviors
(Moderate Experience)
Demonstrates an innate sense of how to achieve positive results in the current environment.
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Level 4 Behaviors
(Extensive Experience)
Leverages the latest technologies and tools that enhance business analytics.
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Level 5 Behaviors
(Mastery)
Conceptualizes new and creative business initiatives to boost business growth.
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Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Explains the different purposes and uses of our organization's budgets.
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Level 2 Behaviors
(Light Experience)
Gathers financial data to help support management in budgeting analysis and forecasting.
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Level 3 Behaviors
(Moderate Experience)
Prepares and reviews the annual budgeting process to ensure effective and efficient budgeting.
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Level 4 Behaviors
(Extensive Experience)
Monitors budgeting processes to ensure adherence to our organization's financial practices and standards.
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Level 5 Behaviors
(Mastery)
Establishes operating procedures to guide the consistency and repeatability of our budgeting processes.
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Summary of Top Real Estate Executive skills and competencies
There are 1 hard skills for Top Real Estate Executive, Construction Management.
7 general skills for Top Real Estate Executive, Capital Budgeting, Land Acquisition, Property Acquisition, etc.
10 soft skills for Top Real Estate Executive, Business Acumen, Budgeting, Planning and Organizing, etc.
While the list totals 18 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Top Real Estate Executive, he or she needs to be skilled in Business Acumen, be skilled in Budgeting, and be an expert in Planning and Organizing.