1. What is the average salary of an SVP of Construction?
The average annual salary of SVP of Construction is $276,060.
In case you are finding an easy salary calculator,
the average hourly pay of SVP of Construction is $133;
the average weekly pay of SVP of Construction is $5,309;
the average monthly pay of SVP of Construction is $23,005.
2. Where can an SVP of Construction earn the most?
An SVP of Construction's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, an SVP of Construction earns the most in San Jose, CA, where the annual salary of an SVP of Construction is $346,455.
3. What is the highest pay for SVP of Construction?
The highest pay for SVP of Construction is $380,833.
4. What is the lowest pay for SVP of Construction?
The lowest pay for SVP of Construction is $171,408.
5. What are the responsibilities of SVP of Construction?
SVP of Construction leads the construction organization and directs strategic planning, business development, and operational activities related to construction to meet the financial and growth organizational objectives. Develops quality, performance, and safety standards and processes for construction projects and operations. Being an SVP of Construction manages financial processes like forecasting, estimating, budgeting, and cost control to ensure profitability. Builds effective teams and the capacity to estimate, scope, design, plan, organize and implement construction projects. Additionally, SVP of Construction represents the organization in discussions and negotiations with clients, contractors, governmental or regulatory officials, and other stakeholders. Identifies risk and implements insurance and risk control strategies. Monitors costs and timelines to deliver projects on time and within budget. Evaluates and implements new or innovative construction methods and systems to improve efficiency, productivity, and project outcomes. Requires a bachelor's degree in construction management, engineering. Typically reports to top management. The SVP of Construction manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. To be an SVP of Construction typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.
6. What are the skills of SVP of Construction
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
2.)
Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
3.)
Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.