budgetary principles
Principles of estimating and planning of forecasts for business activity, compile regular budget and reports.
Property developers buy land, finance deals, order construction projects and orchestrate the process of development. They purchase a tract of land, decide on a marketing strategy, and develop the building program. Developers must also obtain legal approval and financing. When the project is finished, they may lease, manage, or sell the property.
Competences and skills
41 ESCO relationsEssential knowledge 5 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competencesinvestment analysis
The methods and tools for analysis of an investment compared to its potential return. Identification and calculation of profitability ratio and financial indicators in relation to associated risks to guide decision on investment.
Cross-sector
3 competencescontract law
The field of legal principles that govern written agreements between parties concerning the exchange of goods or services, including contractual obligations and termination.
market research
The processes, techniques, and purposes comprised in the first step for developing marketing strategies such as the collection of information about customers and the definition of segments and targets.
real estate market
The trends concerning the buying, selling, or renting of property, including the land, buildings, and natural resources encompassed within the property; the categories of residential properties and properties for business purposes which such properties are traded in.
Essential skills and competences 15 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competencenegotiate land acquisition
Negotiate with landowners, tenants, mineral rights owners or other stakeholders of land containing mineral reserves in order to buy or lease the land.
Cross-sector
14 competencesassess financial viability
Revise and analyse financial information and requirements of projects such as their budget appraisal, expected turnover, and risk assessment for determining the benefits and costs of the project. Assess if the agreement or project will redeem its investment, and whether the potential profit is worth the financial risk.
audit contractors
Examine and document different industry contractors, in order to determine whether they comply with regulations and standards in relation to safety, environment and quality of design, construction and testing, etc.
compare property values
Obtain information on the value of properties comparable to a property which is in need of valuation in order to make more accurate appraisals and assessments, or to set or negotiate the price at which the property can be sold or leased.
coordinate marketing plan actions
Manage the overview of the marketing actions such as the marketing planning, internal financial resource granting, advertising materials, implementation, control, and communication efforts.
create a financial plan
Develop a financial plan according to financial and client regulations, including an investor profile, financial advice, and negotiation and transaction plans.
ensure compliance with legal requirements
Guarantee compliance with established and applicable standards and legal requirements such as specifications, policies, standards or law for the goal that organisations aspire to achieve in their efforts.
estimate profitability
Take various factors into account to calculate the cost and potential revenues or savings gained from a product in order to evaluate the profit that could be generated by the new acquisition or by a new project.
execute feasibility study
Perform the evaluation and assessment of the potential of a project, plan, proposition or new idea. Realise a standardised study which is based on extensive investigation and research to support the process of decision making.
follow health and safety procedures in construction
Apply the relevant health and safety procedures in construction in order to prevent accidents, pollution and other risks.
green
keep records of work progress
Maintain records of the progress of the work including time, defects, malfunctions, etc.
maintain financial records
Keep track of and finalise all formal documents representing the financial transactions of a business or project.
manage contracts
Negotiate the terms, conditions, costs and other specifications of a contract while making sure they comply with legal requirements and are legally enforceable. Oversee the execution of the contract, agree on and document any changes in line with any legal limitations.
monitor contractor performance
Manage contractor performance and assess whether they are meeting the agreed standard and correct underperformance if needed.
provide cost benefit analysis reports
Prepare, compile and communicate reports with broken down cost analysis on the proposal and budget plans of the company. Analyse the financial or social costs and benefits of a project or investment in advance over a given period of time.
Optional knowledge 7 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
2 competencesarchitecture regulations
The regulations, statutes, and legal agreements existing in the European Union in the field of architecture.
building systems monitoring technology
Computer-based control systems that monitor mechanical and electrical equipment in a building such as HVAC, security and lighting systems.
digital
Cross-sector
5 competencesaccounting techniques
The techniques of recording and summarising business and financial transactions and analysing, verifying, and reporting the results.
building codes
The set of guidelines that determine the minimum standards for buildings and other constructions in order to protect public health and safety.
business management principles
Principles governing business management methods such as strategy planning, methods of efficient production, people and resources coordination.
energy performance of buildings
Factors that contribute to lower energy consumption of buildings. Building and renovation techniques used to achieve this. Legislation and procedures regarding energy performance of buildings.
green
leasing process
The leasing process, including any requirements, tenants, and legal conditions.
Optional skills and competences 14 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
1 competencenegotiate land access
Negotiate with landowners, tenants, mineral rights owners, regulatory bodies or other stakeholders to obtain permission to access areas of interest for exploration or sampling.
Cross-sector
13 competencesattend trade fairs
Attend exhibitions organised to enable companies in a specific sector to demonstrate their latest products and services, study the activities of their competitors, and observe recent market trends.
develop energy saving concepts
Use current research results and collaborate with experts to optimise or develop concepts, equipment, and production processes which require a lesser amount of energy such as new insulation practices and materials.
green
liaise with financiers
Liaise with people willing to finance the project. Negotiate deals and contracts.
liaise with quality assurance
Work closely with the relevant quality assurance or grading party involved.
liaise with shareholders
Communicate and serve as communication point with shareholders in order to provide an overview on their investments, returns, and long-term plans of the company to increase profitability.
manage maintenance operations
Oversee maintenance activities, making sure that staff is following procedures and ensuring routine and periodic refurbishment and maintenance activities.
manage staff
Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet the company objectives. Monitor and measure how an employee undertakes their responsibilities and how well these activities are executed. Identify areas for improvement and make suggestions to achieve this. Lead a group of people to help them achieve goals and maintain an effective working relationship among staff.
monitor parameters' compliance in construction projects
Monitors progress in construction sites and the compliance of various parameters outlined in the design phase such as quality, costs, timeline, and contractors' responsibilities.
oversee planning of security systems
Monitor the selection and installation of security systems such as fire protection and soundproofing equipment and make sure it is sufficiently efficient and compliant with current legislation.
provide information on properties
Provide information on the positive and negative aspects of a property and the practicalities concerning any financial transactions or insurance procedures; such as location, composition of the property, renovation or repair needs, the cost of the property and the costs related to insurance.
recruit employees
Hire new employees by scoping the job role, advertising, performing interviews and selecting staff in line with company policy and legislation.
- Scope note
- It may include recruiting volunteers.
use safety equipment in construction
Use elements of protective clothing such as steel-tipped shoes, and gear such as protective goggles, in order to minimise risk of accidents in construction and to mitigate any injury if an accident does occur.
value properties
Examine and evaluate land and buildings in order to make valuations about their price.