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.
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Level 2 Behaviors
(Light Experience)
Prepares reports about the status and progress of the construction project.
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Level 3 Behaviors
(Moderate Experience)
Performs change order estimating and collaborates with the project manager in change order negotiations.
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Level 4 Behaviors
(Extensive Experience)
Monitors the overall aspects and phases of construction projects.
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Level 5 Behaviors
(Mastery)
Monitors various construction schedules and milestones against established programs.
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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)
Explains how capital budgeting works in the evaluation and selection of long-term investments.
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Level 2 Behaviors
(Light Experience)
Informs management of the capital expenditures compared to the budgets for all the assigned projects.
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Level 3 Behaviors
(Moderate Experience)
Provides input on the budgeting process and recommends capital expenditures with healthy returns.
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Level 4 Behaviors
(Extensive Experience)
Oversees the budgeting process for capital needs planning, practice development, and growth opportunities.
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Level 5 Behaviors
(Mastery)
Forecasts future revenues and expenditures to establish cost structures and capital budgeting projects.
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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 and lists the advantages and challenges of land acquisition.
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Level 2 Behaviors
(Light Experience)
Prepares and submits pricing, land analysis, and market research reports to management.
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Level 3 Behaviors
(Moderate Experience)
Prepares legal land descriptions for acquiring property that comply with contract terms.
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Level 4 Behaviors
(Extensive Experience)
Fosters trusted relationships with a network of industry contacts to generate land acquisition opportunities.
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Level 5 Behaviors
(Mastery)
Generates corrective action plans to resolve complex land acquisition matters.
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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.