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)
Cites the basic processes in writing construction project plans and schedules.
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Level 2 Behaviors
(Light Experience)
Checks the working condition of all equipment used for construction projects.
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Level 3 Behaviors
(Moderate Experience)
Communicates regularly with clients regarding construction projects and costs.
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Level 4 Behaviors
(Extensive Experience)
Collaborates with the management to build a seamless construction management team.
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Level 5 Behaviors
(Mastery)
Advocates the application of emerging technologies to optimize construction management practice.
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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)
Cites examples of the capital budgeting process used in formulating appropriate investment strategies.
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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)
Defines high-level migration plans to address budgeting and other capital planning process gaps.
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Level 4 Behaviors
(Extensive Experience)
Evaluates major technology capital projects to identify various risks involved in an investment opportunity.
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Level 5 Behaviors
(Mastery)
Conceptualizes strategic plans to drive effective capital allocation and budgeting throughout the organization.
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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)
Explains the importance of understanding party needs in the land acquisition and permitting process.
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Level 2 Behaviors
(Light Experience)
Gathers market-related data regarding the planning of acquisitions or dispositions of land assets.
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Level 3 Behaviors
(Moderate Experience)
Performs residual analyses to determine appropriate offer prices for land acquisitions.
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Level 4 Behaviors
(Extensive Experience)
Facilitates strategy discussions and recommends opportunities for land acquisitions.
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Level 5 Behaviors
(Mastery)
Develops and implements acquisition strategies to ensure a seamless process of land purchase.
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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.