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 setup 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 costsaving 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 resultsdriven resourceful and innovative
- Must be both taskoriented and relationsoriented
- 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 the real estate industry
- With experience in conceptualizing projects for development conducting feasibility studies & market research and designing sales & marketing strategies