Project Development Manager (Prestige)

JOB SUMMARY

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.

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.

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.

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.

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.

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
• MS Excel and PowerPoint Presentation
• Exceptional communication, negotiation, and problem solving skills