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)
Describes the construction management concepts, from pre-construction to project completion.
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Level 2 Behaviors
(Light Experience)
Conducts basic research and analysis on construction management situations.
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Level 3 Behaviors
(Moderate Experience)
Creates requests for information, requests for proposal, and change orders for construction projects.
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Level 4 Behaviors
(Extensive Experience)
Integrates construction management to deliver complex projects to the highest standards.
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Level 5 Behaviors
(Mastery)
Establishes process improvement metrics for the related management of construction projects.
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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)
Describes the importance of evaluating investment proposals in capital budgeting.
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Level 2 Behaviors
(Light Experience)
Assists in analyzing capital improvement documentation, including budgeting and estimating project costs.
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Level 3 Behaviors
(Moderate Experience)
Participates in budgeting to recommend new capital equipment investments to senior management.
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Level 4 Behaviors
(Extensive Experience)
Facilitates in-depth capital budgeting analysis on projects and investments to abstain from over and under-investing.
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Level 5 Behaviors
(Mastery)
Designs and develops financial models to support budgeting and capital allocation decisions.
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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)
Documents and explains the laws and regulations regarding land acquisition.
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Level 2 Behaviors
(Light Experience)
Assists in negotiating land acquisition contracts and processing applications and permits.
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Level 3 Behaviors
(Moderate Experience)
Maintains and updates land records of property ownership, acquisitions, and settlement agreements.
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Level 4 Behaviors
(Extensive Experience)
Engages with property owners to acquire easements, land acquisitions, and access rights.
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Level 5 Behaviors
(Mastery)
Creates detailed schedules that map pathways to ensure the completion of land acquisitions.
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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)
Describes the market conditions that impact the business.
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Level 2 Behaviors
(Light Experience)
Collects and compiles competitor information for competitive analysis.
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Level 3 Behaviors
(Moderate Experience)
Communicates financial insights that positively influence the business plan development process.
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Level 4 Behaviors
(Extensive Experience)
Coordinates technical and business teams to solve complex and diverse customer problems.
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Level 5 Behaviors
(Mastery)
Champions organizational change and digital transformation to drive higher business performance.
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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)
Describes the concepts and principles of budgeting operations.
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Level 2 Behaviors
(Light Experience)
Gathers data from financial statements to help create budget plans and improve budgeting strategies.
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Level 3 Behaviors
(Moderate Experience)
Implements strategic operational efficiencies and techniques for conducting successful budgeting.
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Level 4 Behaviors
(Extensive Experience)
Determines system capabilities and needs to improve the process for financial budgeting.
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Level 5 Behaviors
(Mastery)
Develops financial models to support the strategic improvement 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.