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Development Project Executive

 

Development Project Executive Summary:

Responsible for the strategic execution of land and vertical development efforts (for multi-family/mixed use luxury developments)including project initiation, planning & design, budgeting, resource allocation; construction monitoring and communication while ensuring alignment with the company’s short- and long-term goals

 

Development Project Executive Job Functions:

  • Formulates and defines the scope and objectives of various projects
  • Gathers and documents project requirements and ensures completion of the necessary feasibility studies, designs and entitlement processes including resource plans, schedules and work plans to produce final project plan
  • Reviews, coordinates, and recommends approval of all changes that occur during the planning process
  • Revises plans and schedules as appropriate to meet changing needs and requirements
  • Leads the development of financial models to evaluate project viability and analyze/forecast cost estimate data for project proformas
  • Prepares and monitors project-related budgets, proformas, documentation outlining staffing requirements including engagement of consultants and contractors
  • Develops and implements RFPs and reviews and qualifies vendor bids
  • Reviews and administers all project contracts including those from consultants, contractors, etc.
  • Provides recommendations for project/contractor awards
  • Manages the day-to-day operational and tactical aspects of assigned projects
  • Coordinates the project team comprised of internal departments and external operating partners to manage the scope, layout, design and other criteria regarding the project
  • Oversees contractors, subcontractors, architects, engineers, tenants, etc. during all phases of the projects
  • Monitors and reports project activities to ensure each project phase is progressing on schedule and within prescribed financial parameters
  • Interfaces with project teams and customers (as appropriate) to manage day- to-day interactions
  • Responsible for maintaining communication and providing timely and accurate project documentation and reporting regarding project scope, design, budget, quality and schedule agreements
  • Facilitates team meetings for purposes of project planning, communicating project information, status updates and to address issues
  • Resolves and/or escalates issues in a timely manner and communicate difficult/sensitive information tactfully
  • Enforce standards and procedures for project planning, design, reporting, decision making, and documentation
  • Ensures all project documentation is complete, current and stored appropriately
  • Provides oversight and evaluates contractors ensuring adherence to project and quality standards and addressing issues as necessary
  • Closes out projects for transfer with all required certificates, inspections and documents as required

Development Project Executive Knowledge, Skills and Abilities:

  • Demonstrated ability to foster teamwork, collaboration and build relationships Demonstrated understanding of bidding and procurement requirements
  • Understands critical path management and the utilization of schedules to establish timelines, meet deadlines and prioritize appropriately
  • Ability to coordinate all activities related to the planning and construction of development projects
  • Previous demonstrated experience managing individual projects in excess of $100M
  • Must have knowledge of the local, state & federal jurisdictions required to obtain all necessary permits.
  • Must be able to maintain a positive and productive work attitude and a team orientated mind-set with the ability to maintain good relations with employees, supervisors, governmental agencies, and clients

(ref#1141)

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