Residential Construction Project Manager

Career Area: Construction, Extraction, and Architecture

Occupation Group: Construction Managers

Salary

Percentile wages tell how much a certain percentage of an overall population in a geographic area or within a given industry or field makes. The percentile wage estimate is the value of a wage below which a certain percent of workers fall.

An example would be the 25th percentile, 25 percent of workers employed in that occupation earn less and 75 percent earn more than the estimated wage value. At the 75th percentile, 75 percent of workers employed in that occupation earn less and 25 percent earn more than the estimated wage value.

A typical Residential Construction Project Manager earns the following wages (national and state):

State

The average salary in North Carolina for those pursuing this career is $62,839

National

The average salary in the United States for those pursuing this career is $67,419

What Does a Professional in this Career Do?

Supervises residential construction projects from beginning to end, ensuring that projects are completed within time and budgetary constraints. Controls the time, cost and quality of projects. Plans and coordinates all aspects of the construction process, including hiring contractors and working with engineers, architects and vendors. Often works with construction superintendent.

Employment Trends

The job demand and job growth statistics shown here were derived from job posts over the past year. Expected job growth projections are extrapolated from year-over-year job post listing history.

Job demand and job growth is expected at the following rates:

Skills

A professional in this position typically utilizes the following skills in the course of everyday work in this exciting and challenging field:

Baseline Skills

The following are baseline skills every Residential Construction Project Manager is expected to have in order to experience success in this field:

• Communication Skills: The ability to convey information to another effectively and efficiently.
• Organizational Skills: Experience with a systematic process of structuring, integrating, co-ordinating task goals, and activities to resources in order to attain objectives.
• Detail-Oriented: A detail oriented person is someone who pays attention to the details and can make a conscious effort to understand causes instead of just the effects, and that does this in a second nature type of way.
• Microsoft Office: Microsoft Office is an office suite of applications, servers, and services developed by Microsoft.
• Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.

Specialized Skills

These skills are specific to working in this career:

• Project Management: Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.
• Residential Construction: Working experience of Residential Construction, which is the business of building and selling individual and multi-family dewellings. The market fragments into single-unit, manufactured, duplex, quad-plex, and apartments and condominiums. Manufactured housing further divides into mobile homes and pre-built houses.
• Budgeting: Experience planning how the financial resources of a business or department are to be allocated during the next business period.
• Scheduling: Working experience making schedules, which are basic time-management tools, consisting of a list of times at which possible tasks, events, or actions are intended to take place withing an organization.
• Construction Management: Construction Project Management (CM) is a professional service that uses specialized, project management techniques to oversee the planning, design, and construction of a project, from its beginning to its end.

Distinguishing Skills

Any Residential Construction Project Manager that possesses the following skills will stand out against the competition:

• Punch List: A punch list is a document prepared near the end of a construction project listing work not conforming to contract specifications that the contractor must complete prior to final payment.
• New Construction: New construction means, for the purposes of determining insurance rates, structures for which the start of construction commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures.
• Commercial Construction: Commercial construction is the business of building and selling or leasing manufacturing or assembly plants, medical centers, retail shopping centers, and standard space for offices.

Salary Boosting Skills

A professional who wishes to excel in this career path may consider developing the following highly valued skills:

• Request for Information (RFI): A request for information (RFI) is a standard business process whose purpose is to collect written information about the capabilities of various suppliers.
• Commercial Construction: Commercial construction is the business of building and selling or leasing manufacturing or assembly plants, medical centers, retail shopping centers, and standard space for offices.
• Land Development: Working experience of Land Development, which refers to investments making land more usable by humans. For accounting purposes it refers to any variety of projects that increase the value of the property . Most are depreciable, but some land improvements are not able to be depreciated because a useful life cannot be determined. Home building and containment are two of the most common and the oldest types of development.
• Procore: Working experience of Procore. Procore is a construction project management software company founded in 2003, with headquarters in Carpinteria, CA .
• Project Management: Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.

Experience

This position typically requires the following level of experience. The numbers presented in the pie charts below were derived from actual job posts over the past year. Not all job postings list experience requirements.

Common Job Titles

It is possible to find work in this field in positions commonly listed as the following job titles:

• Residential Construction Project Manager
• Construction Project Manager
• Project Manager
• Residential Project Manager
• Superintendent - Multifamily Construction

Similar Occupations

If you are interested in exploring similar occupations, you may want to research the following job titles:

• Residential Construction Manager
• Residential Construction Superintendent
• Commercial Construction Superintendent
• Commercial Construction Project Manager
• Commercial Construction Manager
• Construction Superintendent
• Construction Project Manager
• Construction Site Manager
• Construction Manager