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How to hire a capital project manager

Capital project manager hiring summary. Here are some key points about hiring capital project managers in the United States:

  • In the United States, the median cost per hire a capital project manager is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new capital project manager to become settled and show total productivity levels at work.

How to hire a capital project manager, step by step

To hire a capital project manager, you should create an ideal candidate profile, determine a budget, and post and promote your job. Here's a step-by-step guide on how to hire a capital project manager:

Here's a step-by-step capital project manager hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a capital project manager job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new capital project manager
  • Step 8: Go through the hiring process checklist

What does a capital project manager do?

A capital project manager is responsible for overseeing company projects, ensuring efficiency and smooth workflow. They are in charge of identifying the project's requirements, setting objectives and timelines, handling the budget, and developing strategies to optimize project operations. They must also coordinate with managers and other staff, monitor the progress of projects, and produce regular progress reports. Above all, as a manager, it is essential to lead and encourage the team members to reach goals, all while implementing the company's policies and regulations.

Learn more about the specifics of what a capital project manager does
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  1. Identify your hiring needs

    Before you start hiring a capital project manager, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    Hiring the perfect capital project manager also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.

    Here's a comparison of capital project manager salaries for various roles:

    Type of Capital Project ManagerDescriptionHourly rate
    Capital Project ManagerConstruction managers plan, coordinate, budget, and supervise construction projects from start to finish.$25-56
    Project SuperintendentThe construction or project superintendent's role is to oversee the operations of construction sites, from the planning phase to completion. They have varied duties and responsibilities based on specific projects that include scheduling and budgeting, communicating and negotiating with external partners, and acquiring materials and equipment... Show more$34-63
    Project SupervisorA project supervisor is someone employed in industries like engineering, construction, manufacturing, as well as design and marketing industries to coordinate all aspects of a project. Common duties include participating in project planning, acting as a communication liaison, coordinating labor needs, and training employees... Show more$13-46
  2. Create an ideal candidate profile

    Common skills:
    • Project Management
    • Portfolio
    • Construction Management
    • Project Scope
    • Construction Projects
    • Infrastructure
    • HVAC
    • PowerPoint
    • Real Estate
    • CAD
    • Plumbing
    • Cost Estimates
    • OSHA
    • Continuous Improvement
    Check all skills
    Responsibilities:
    • Manage clinical trial projects according to study protocol, FDA and sponsor guidelines.
    • Manage special projects including store fixture and flooring upgrades; electrical, HVAC and data modifications.
    • Coordinate operations performance cost effectiveness, preparing submittals and managing request for information (RFI).
    • Manage and conduct the development of a SharePoint base system for providing notifications of application and automation releases throughout the enterprise.
    • Reduce number of emergency repairs and the need for full HVAC replacements.
    • Comply with applicable code and regulatory requirements, including MSHA and OSHA regulations.
    More capital project manager duties
  3. Make a budget

    Including a salary range in your capital project manager job description is one of the best ways to attract top talent. A capital project manager can vary based on:

    • Location. For example, capital project managers' average salary in kansas is 41% less than in hawaii.
    • Seniority. Entry-level capital project managers 55% less than senior-level capital project managers.
    • Certifications. A capital project manager with certifications usually earns a higher salary.
    • Company. Working for an established firm or a new start-up company can make a big difference in a capital project manager's salary.

    Average capital project manager salary

    $79,852yearly

    $38.39 hourly rate

    Entry-level capital project manager salary
    $53,000 yearly salary
    Updated December 17, 2025

    Average capital project manager salary by state

    RankStateAvg. salaryHourly rate
    1California$108,360$52
    2New Jersey$97,411$47
    3Maryland$96,966$47
    4New York$96,696$46
    5Ohio$93,120$45
    6Pennsylvania$88,474$43
    7Washington$86,627$42
    8Florida$86,077$41
    9Arizona$84,647$41
    10Illinois$84,473$41
    11Wisconsin$81,772$39
    12Oregon$80,360$39
    13Georgia$78,135$38
    14Massachusetts$77,774$37
    15North Carolina$77,017$37
    16Virginia$76,969$37
    17Michigan$75,950$37
    18District of Columbia$73,640$35
    19Alaska$71,766$35
    20Missouri$71,713$34

    Average capital project manager salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Apple$133,850$64.3520
    2PBF Energy$121,329$58.33
    3Colonial Pipeline$117,200$56.353
    4Intel$111,661$53.6812
    5Entegris$109,060$52.43
    6Albemarle$108,076$51.962
    7Credit Suisse$106,942$51.41
    8Citi$106,249$51.085
    9Amgen$105,146$50.555
    10Koch Industries$105,002$50.481
    11Bristol-Myers Squibb$104,392$50.197
    12Alexandria Real Estate Equities$102,411$49.24
    13Bio-Rad Laboratories$100,685$48.41
    14Commonwealth$100,357$48.25
    15Chicago Transit Authority$99,109$47.65
    16Tenet Healthcare$98,990$47.59
    17National Grid plc$96,274$46.29
    18Occidental Petroleum$95,460$45.892
    19Veolia Water Tech$94,258$45.329
    20Eastman$93,864$45.13
  4. Writing a capital project manager job description

    A capital project manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a capital project manager job description:

    Capital project manager job description example

    Welcome to Mill Creek! We're glad you're here! At Mill Creek Residential, we believe that every associate is imperative to the success of our organization. We believe in embracing our core values and in the power of People, Places and Relationships.

    The Capital Project Manager is responsible for the budgeting, tracking and the completion of designated renovation and major capital projects across the entire MCR portfolio. The Capital Project Manager is responsible for executing projects on time and on budget with as minimal impact to Mill Creek property operations as possible. The Capital Project Manager is responsible for helping to create an efficient policy, process and centralized tracking system for capital and renovation projects across the portfolio. Straight-forward projects with more limited scopes would continue to be completed by the Regional Service Managers, Regional Managers, and Community Managers. The Capital Project Manager serves in an advisory role for these projects.
    The Capital Project Manager reports to the Managing Director of Renovations and Capital Projects.

    Essential Functions/Responsibilities
    Budgeting, tracking and completion of designated renovation and major capital projects Budgeting and execution of all major renovation and capital projects following completion of ConstructionSource vendors and bids for major projects Write, review, and execute scopes of work for major projects Write, review, and negotiate construction contracts Help create an efficient policy, process and centralized tracking system for capital and renovation projects across the portfolio Ensure appropriate risk mitigation procedures are implemented Assist in Due Diligence of new Mill Creek Management opportunities Able to successfully use communication and interpersonal skills to properly correspond with executive management, vendors, customers and others at all levels Know and adhere to all policies and procedures contained in the manuals issued by Mill Creek Residential or as otherwise communicated to associates Ensure compliance with all Federal, State and local laws Consistently abide by Fair Housing and OSHA regulations Embody the Mill Creek mission, values and brand promise in all that he or she does All other duties as assigned.

    Education and/or Experience
    High School Diploma or equivalent required; college degree preferred Minimum of 5 years of experience managing major capital or renovation projects, high rise operations, garden-style, wrap, and podium multi-family buildings, and major facilities Knowledge of mechanical and electrical building infrastructure Energy management experience

    About the Benefits of joining the Mill Creek Team
    Competitive compensation Comprehensive medical, dental and vision Employer sponsored short and long term disability, Life and ADD insurance 401k with employer matching Paid time off benefits: Vacation, Sick, Holidays

    Mill Creek is an Equal Opportunity Employer
    Are you ready to contribute to the success of Mill Creek Residential? If so, apply today and become part of an organization that believes in uncompromising integrity, celebrating successes, continuous improvement, and working hard, smart and together!
  5. Post your job

    There are various strategies that you can use to find the right capital project manager for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your capital project manager job on Zippia to find and recruit capital project manager candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    Recruiting capital project managers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

    It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new capital project manager

    Once you have selected a candidate for the capital project manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

    It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    To prepare for the new capital project manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a capital project manager?

There are different types of costs for hiring capital project managers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new capital project manager employee.

The median annual salary for capital project managers is $79,852 in the US. However, the cost of capital project manager hiring can vary a lot depending on location. Additionally, hiring a capital project manager for contract work or on a per-project basis typically costs between $25 and $56 an hour.

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