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)
Documents the capital budgeting techniques used to select the organization's best investments.
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Level 2 Behaviors
(Light Experience)
Compiles and tracks information from active projects to assist in projects’ annual capital budgeting process.
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Level 3 Behaviors
(Moderate Experience)
Participates in the capital funding plan and budgeting process to ensure appropriate resource allocation.
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Level 4 Behaviors
(Extensive Experience)
Leads the facilitation of capital budgeting analysis to select projects that drive the organization's future profits.
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Level 5 Behaviors
(Mastery)
Develops capital budgeting methodologies to acquire profitable projects and investments for the company.
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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)
Collects resources and funding review comments on proposed land acquisitions to meet requirements.
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Level 3 Behaviors
(Moderate Experience)
Performs in-depth investigations of land details to determine eligibility for land acquisition.
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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)
Designs and implements financial models and automated workflows to evaluate opportunities.
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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)
Evaluates and explains the financial aspects of a business initiative to different teams.
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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)
Describes the procedures for capital and expense allocation and budgeting.
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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)
Evaluates past decisions on budgetary considerations to improve the budgeting process.
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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.