About the job Project Development Manager (High-End Residential)
Industry: Real Estate/High-end Developer
The Project Development Manager is responsible for overseeing project profitability and managing the full cycle of the project development process, including feasibility studies, project design & planning, project launch & implementation, turnover to clients, and set-up of property management operations. The PDM champions project success by leading and working with his/her partners from Design & Construction, Finance, Sales, Marketing, Permits & Property Management to ensure the timely accomplishment of milestones
Key Responsibilities:
Project Planning and Strategy:
- Develop and implement project plans, including timelines, budgets, and resource allocation.
- Conduct feasibility studies and market analysis to identify potential real estate development opportunities.
- Define project scope, goals, and deliverables.
Team Leadership:
- Lead and manage a multidisciplinary team, including architects, engineers, contractors, and other professionals.
- Foster a collaborative and productive working environment.
- Provide direction and guidance to team members throughout the project lifecycle.
Financial Management:
- Oversee budgeting and financial forecasting for real estate projects.
- Monitor project costs and ensure adherence to budgetary constraints.
- Identify cost-saving opportunities without compromising project quality.
Regulatory Compliance:
- Stay informed about local zoning laws, building codes, and other regulations.
- Ensure that all projects comply with legal and regulatory requirements.
- Obtain necessary permits and approvals for development projects.
Site Selection and Acquisition:
- Identify and evaluate potential project sites.
- Negotiate land acquisition deals and coordinate due diligence processes.
- Work with legal and financial teams to finalize land purchases.
Design and Development:
- Collaborate with architects and design teams to create project concepts.
- Oversee the development of detailed project plans and specifications.
- Monitor construction progress to ensure alignment with design and quality standards.
Stakeholder Communication:
- Communicate project progress, challenges, and milestones to internal and external stakeholders.
- Build and maintain relationships with investors, government officials, and other relevant parties.
Risk Management:
- Identify potential risks and develop risk mitigation strategies.
- Implement effective risk management practices throughout the project lifecycle.
Technical Competencies & Skills:
- Demonstrates strong & decisive leadership skills
- Must be highly entrepreneurial, with a strong sense of ownership
- Must be highly analytical Strategic, organized, results-driven, resourceful and innovative
- Must be both task-oriented and relations-oriented
- With experience supervising staff
Education and Work Experience:
- Candidate must be at least Graduate of business courses, preferably with MBA
- With at least 5 years of experience in an Assistant Manager/Manager position in the real estate industry
- With experience in conceptualizing projects for development, conducting feasibility studies & market research, and designing sales & marketing strategies