
Project Development Manager
4 days ago
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.
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.
Sales and Marketing:
- Collaborate with Sales and Marketing teams to develop go-to-market strategies for new projects.
- Provide market insights and consumer trend analysis to guide pricing, product positioning, and promotional campaigns.
- Support the development of sales materials, project brochures, and marketing collaterals.
- Align project milestones with sales launch timelines to ensure market readiness.
- Monitor sales performance, absorption rates, and buyer feedback to inform project adjustments.
- Represent the company in project presentations, client meetings, and industry events to promote developments.
Stakeholder Communication:
Communicate project progress, challenges, and milestones to internal and external stakeholders.
Build and maintain relationships with investors, government officials, clients, and other relevant parties.
Risk Management:
- Identify potential risks and develop risk mitigation strategies.
- Implement effective risk management practices throughout the project lifecycle.
QUALIFICATIONS
- Graduate of a Bachelor's degree in Business, Marketing, Marketing Management, Economics, Civil Engineering, and other related courses, preferably with an MBA
- 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
- With 5-8 years of experience in the real estate industry
- With experience in conceptualizing projects for development, conducting feasibility studies & market research, and designing and implementing sales & marketing strategies
- Ability to travel frequently within the assigned area as required
TECHNICAL COMPETENCIES AND SKILLS
- Market and Competitive Analysis
- Financial Data Analysis
- Financial Feasibility
- Conceptual Planning
- Financial Management and Reporting
- Project Management
- Sales and Marketing
- Sales Management (Background)
- MS Excel and PowerPoint Presentation
- Exceptional communication, negotiation, and problem solving skills
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