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)
Explains the importance of construction management for engineering projects.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Prepares reports about the status and progress of the construction project.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Performs change order estimating and collaborates with the project manager in change order negotiations.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Monitors the overall aspects and phases of construction projects.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Monitors various construction schedules and milestones against established programs.
See 4 More Skill Behaviors
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)
Explains how capital budgeting works in the evaluation and selection of long-term investments.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Informs management of the capital expenditures compared to the budgets for all the assigned projects.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Provides input on the budgeting process and recommends capital expenditures with healthy returns.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Oversees the budgeting process for capital needs planning, practice development, and growth opportunities.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Forecasts future revenues and expenditures to establish cost structures and capital budgeting projects.
See 4 More Skill Behaviors
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 and lists the advantages and challenges of land acquisition.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Prepares and submits pricing, land analysis, and market research reports to management.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Prepares legal land descriptions for acquiring property that comply with contract terms.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Fosters trusted relationships with a network of industry contacts to generate land acquisition opportunities.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Generates corrective action plans to resolve complex land acquisition matters.
See 4 More Skill Behaviors
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)
Explains our key business strategies and priorities.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Reports and communicates market and competitor status regularly to the management team.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Evaluates supply chain efficiency with an eye toward improving shortcomings.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Optimizes business processes based on deep insight into various business unit functions.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Designs and implements feedback loops to identify and promptly address business problems.
See 4 More Skill Behaviors
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 importance of budget reporting and forecasting in our workplace.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Produces budget reports showing planned vs. actual variances highlighted and explained.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Reviews and helps approve major budget adjustments to negotiate and reconcile line variances.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Provides in-depth training to our entire organization about the zero based budgeting methodology.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Forecasts asset needs to leverage available inventory and data compilation for annual budgeting.
See 4 More Skill Behaviors
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.