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Become A Commercial Project Manager

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Working As A Commercial Project Manager

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Resolving Conflicts and Negotiating with Others
  • Scheduling Work and Activities
  • Getting Information
  • $87,400

    Average Salary

What Does A Commercial Project Manager Do At Siemens

* Analyze and evaluate all commercial issues from project start (handover from sales) through the project execution phase (handover to Lifecycle management), ensure the contractual obligations are met.
* Perform financial planning, forecasting, controlling on projects Interface with external customers on project billing and contract or finance related issues.
* Point of contact for all commercial and financial topics for the projects
* CPM Tasks:
* Monitor cash flow, revenue, and margin development, financial forecasting and reporting on projects
* Ensure project invoicing with proper supporting documents are performed timely and accurately
* Serve as point of contact for all commercial and financial topics including tax, guarantee/bond, and lien waivers
* Work with Project Manager to ensure that:
* Bill plan is setup timely
* Monthly forecast and project progress are monitored proactively
* Progress billing invoices are issued in line with cash flow projections
* Customer PO and subsequent change orders are reconciled to SAP Orders
* Conduct quarterly project review and discussion with LP Management

What Does A Commercial Project Manager Do At Cybercoders

* Ensure that construction activities move according to predetermined schedule, mitigating and reporting all potential delays by monitoring the progress of the construction activities on a regular basis and holding weekly status meetings with all the team members, subcontractors and clients and their consultants.
* Coordinate the efforts of all parties involved in the project, which include clients, architects, consultants, subcontractors and laborers.
* Maintain strict adherence to the budgetary guidelines, quality and safety standards.
* Daily inspection of construction site to monitor compliance with building and safety codes, and other applicable regulations.
* Study job specifications to determine appropriate construction methods.
* Identify the elements of project design and construction likely to produce constructability issues and plan coordination problems prior to beginning construction of the project.
* Interpret and explain plans and contract terms to administrative staff, subcontractors, and clients
* Select, contract, and oversee workers who complete specific scopes of the project, such as painting or plumbing
* Prepare subcontracts and negotiate revisions, changes and additions to contractual agreements
* Manage the budget, track project expenses and minimize exposure and risk in the project
* Collect, review and approve progress payments submitted by all subcontractors and vendors
* Ensure project documentation and reports are complete
* Handling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others
* Serve as a key link with the clients and review the deliverable prepared by the team before passing onto client.
* What You Need for this Position

What Does A Commercial Project Manager Do At Glaxosmithkline

* Provides GSK CH Canada with overall governance for innovation/business continuity (PET) projects to drive executional excellence on in year launches along with proper resource allocation for future pipeline projects.
* Provides GSK CH Canada with strong project management capability on select (high value/complex) product launches/initiatives to ensure prioritization and coordination across all touch points and executional excellence.
* Primary liaison with Brand Management team and cross functional support functions (Supply chain, R&D, Regulatory, etc.) to handle activities associated with product launch, mitigate issues and drive resolution.
* Partners with US/Global to leverage key tools and processes & capability building modules.
* Owns & drives PM capability building across the organization, with emphasis across marketing organization.
* Utilizes best practice processes and tools to drive business simplification and standardization.
* Takes relevant functional training to expand knowledge in other areas to facilitate project management role.
* Timely communication of risks/issues and appropriate mitigation plans
* Leads cross-functional teams to deliver consistency, discipline, objectivity and process to the projects managed; entails project tracking of milestones to provide full visibility to the operating teams
* GSK is an equal opportunity employer committed to diversity and inclusion.
* We welcome applications from all qualified individuals.
* GSK is committed to accommodating persons with disabilities.
* If you need accommodation at any stage of the application process or want more information on our accommodation policies, please contact us at canada-recruitment@gsk.com
* Why You

What Does A Commercial Project Manager Do At Nations Roof

* Develop and use advanced planning skills for establishing maximum productivity of manpower, materials and equipment, etc
* Ensure jobs start on time, customer expectations are met or exceeded, and hours and materials are properly expended
* Recruit, train, mentor and retain a dependable and knowledgeable maintenance workforce
* Learn and teach best practices for roofing service, inspection and roof system maintenance by fully participating in on-the-job training as well as periodic manufacturer training
* Comply with all safety policies and procedures, be an example, and support the company safety goals and objectives
* Manage department finances, including budgets and project invoicing
* Review and analyze budget reports, and prepares and develops budget modifications and recommendations
* Strengthen customer relationships and customer development
* Prospect and sales to new and existing clients of additional services such a preventive maintenance programs

What Does A Commercial Project Manager Do At BBVA Compass

* Performs the portfolio management function by (1) actively managing loan maturities within assigned regions, (2) completing credit management reviews for loans with aggregate exposure greater than $1,000,000 prior the required completion deadlines, (3) conducting periodic reviews for credits with 60+ day delinquencies as needed, and (4) analyzing credits chosen for review based on material changes in business financial condition, business credit scores, and consumer bureaus.
* Leverages Moody’s Risk Analyst to generate credit grades within policy guidelines.
* Underwrites renewal credit applications presented through both the (1) Emerging Markets Commercial process (Commercial and Wealth Management Business Lines) and (2) Retail Small Business Maturing loan program.
* Initiates the renewal process for the Retail Line of Business by means of branch and/or customer contact, determines the appropriate loan product and renewal structure based upon customer needs and credit worthiness, and obtains requisite financial data.
* Obtains and analyzes pertinent financial and credit data to assist in determining the risk of assigned credits.
* Completes financial and repayment analysis with a focus on cash flow, liquidity, and leverage analysis.
* Evaluates collateral adequacy, industry risk, strengths/weaknesses, borrowing purpose, and viability of the business.
* Reviews credit applications, business credit scores, business reports and consumer bureaus.
* Periodically reviews and recommends additional credit requests including rate modifications, loan restructures, forbearance requests, etc.
* Recommends and manages the transfer of impaired loans to the bank’s special assets division (ARMS).
* Collaboration with Retail Collections and Special Asset Group required during the loan transfer process.
* Verifies underwriting conditions and additional approval requirements are satisfied.
* Ensures effective communication between field officers, Business Loan Center and other departments involved in the loan process.
* Other duties and special assignments assigned by Director of Portfolio Risk and Underwriting Center Manager.
* Qualifications

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How To Become A Commercial Project Manager

Large construction firms increasingly prefer candidates with both construction experience and a bachelor’s degree in a construction-related field. While some individuals with a high school diploma and many years of experience in a construction trade may be hired as construction managers, these individuals are typically qualified to become self-employed general contractors.

Education

It is becoming increasingly important for construction managers to have a bachelor’s degree in construction science, construction management, architecture, or engineering. As construction processes become more complex, employers are placing greater importance on specialized education.

More than 100 colleges and universities offer accredited bachelor’s degree programs in construction science, building science, or construction engineering. These programs include courses in project control and management, design, construction methods and materials, cost estimation, building codes and standards, and contract administration. Courses in mathematics and statistics are also relevant.

More than fifty 2-year colleges offer construction management or construction technology programs. An associate’s degree combined with work experience is typical for managers who supervise smaller projects.  

A few universities offer master’s degree programs in construction management.

Those with a high school diploma and several years of relevant work experience may qualify to become a construction manager, although most are qualified to become self-employed general contractors.

Training

New construction managers are typically hired as assistants and work under the guidance of an experienced manager. This training period may last several months to several years, depending on the firm.

Work Experience

If the typical education is not obtained, practical construction experience is important for jobseekers, because it reduces the need for initial on-the-job training. Internships, cooperative education programs, and previous work in the construction industry can provide that experience. Some construction managers become qualified solely through extensive construction experience, spending many years in carpentry, masonry, or other construction specialties.

Licenses, Certifications, and Registrations

Although not required, certification is becoming increasingly important for construction managers. Certification is valuable because it can demonstrate knowledge and experience.

The Construction Management Association of America awards the Certified Construction Manager (CCM) designation to workers who have the required experience and who pass a technical exam. It is recommended that applicants for this certification complete a self-study course that covers the professional role of a construction manager, legal issues, the allocation of risk, and other topics related to construction management.

The American Institute of Constructors awards the Associate Constructor (AC) and Certified Professional Constructor (CPC) designations to candidates who meet its requirements and pass the appropriate construction exams.

Some states require licensure for construction managers. For more information, contact your state licensing board.

Important Qualities

Analytical skills. Most managers plan a project strategy, handle unexpected issues and delays, and solve problems that arise over the course of the project. In addition, many managers use cost-estimating and planning software to determine costs and the materials and time required to complete projects.

Business skills. Construction managers address budget matters and coordinate and supervise workers. Choosing competent staff and establishing good working relationships with them is critical.

Customer-service skills. Construction managers are in constant contact with owners, inspectors, and the public. They must form good working relationships with these people and ensure their needs are met.

Decisionmaking skills. Construction managers choose personnel and subcontractors for specific tasks and jobs. Often, these choices must be made quickly to meet deadlines and budgets.

Initiative. Self-employed construction managers generate their business opportunities and must be proactive in finding new clients. They often market their services and bid on jobs, and they must also learn to perform special home improvement projects, such as installing mosaic glass tiles, sanding wood floors, and insulating homes.

Leadership skills. Managers must effectively delegate tasks to construction workers, subcontractors, and other lower level managers.

Speaking skills. Managers must give clear orders, explain complex information to construction workers and clients, and discuss technical details with other building specialists, such as architects. Self-employed construction managers must get their own projects, so the need to sell their services to potential clients is critical.

Technical skills. Managers must know construction methods and technologies, and must be able to interpret contracts and technical drawings.

Time-management skills. Construction managers must meet deadlines. They ensure that construction phases are completed on time so that the next phase can begin as scheduled. For instance, a building’s foundation cannot be constructed until the land is completely excavated.

Writing skills. Construction managers must write proposals, plans, and budgets, as well as document the progress of the work for clients and others involved in the building process.

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Commercial Project Manager jobs

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Commercial Project Manager Demographics

Gender

  • Male

    75.6%
  • Female

    22.3%
  • Unknown

    2.1%

Ethnicity

  • White

    81.1%
  • Hispanic or Latino

    8.3%
  • Asian

    8.1%
  • Unknown

    1.7%
  • Black or African American

    0.9%
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Languages Spoken

  • Spanish

    42.3%
  • French

    19.2%
  • Arabic

    7.7%
  • Russian

    3.8%
  • Portuguese

    3.8%
  • Chinese

    3.8%
  • German

    3.8%
  • Mandarin

    3.8%
  • Hindi

    3.8%
  • Dakota

    3.8%
  • Bengali

    3.8%
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Commercial Project Manager

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Commercial Project Manager Education

Commercial Project Manager

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Real Commercial Project Manager Salaries

Job Title Company Location Start Date Salary
Commercial Project Manager Outotec (USA), Inc. Denver, CO May 15, 2014 $164,000
Senior Commercial Project Manager-Drilling General Electric Company-Infrastructure Houston, TX Dec 26, 2013 $111,800
Commercial Project Manager III Siemens Industry, Inc. Louisville, KY Aug 14, 2015 $101,000
Commercial Equipment Project Manager II The Coca-Cola Company Atlanta, GA Mar 18, 2016 $95,000 -
$124,000
Commercial Project Manager Philips Electronics North America Corporation Somerset, NJ Jul 21, 2015 $93,413
Commercial Project Manager IV Siemens Industry, Inc. Sacramento, CA Jan 15, 2012 $93,000
Cadiology & Critical Care Commercial Project Manager Md International Miami, FL Sep 22, 2009 $85,600
Commercialization Project Manager Google Inc. Mountain View, CA Sep 16, 2014 $83,600
Commercial Project Manager Siemens Industry, Inc. TX Oct 01, 2012 $77,315
Commercial Credit Risk Analytics Project Manager BB&T Corporation Winston-Salem, NC Dec 09, 2016 $72,985
Commercial Credit Risk Analytics Project Manager BB&T Corporation Winston-Salem, NC Sep 12, 2013 $65,600
Commercial Project Manager W & O Supply, Inc. Jacksonville, FL Jul 04, 2016 $61,464 -
$82,620

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Top Skills for A Commercial Project Manager

ContractualObligationsProjectManagementFinancialReportsSafetyPurchaseArchitectsGeneralContractorsSub-ContractorsSuperviseConstructionProjectsCustomerServiceJobSiteProjectPlansHvacSubcontractorFacilityRiskManagementCustomerSatisfactionProjectBudgetsLogistics

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Top Commercial Project Manager Skills

  1. Contractual Obligations
  2. Project Management
  3. Financial Reports
You can check out examples of real life uses of top skills on resumes here:
  • Ensured that contract details were in agreement with customer expectations and identified points at which contractual obligations were met.
  • Contributed to the ongoing improvement of Project Management methodology and process flows.
  • Prepared, analyzed, managed and distributed all monthly sales and financial reports for western region.
  • Reviewed and updated work instructions and safety instructions.
  • Purchased, maintained, repaired and kept inventory on all company equipment.

Top Commercial Project Manager Employers

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Commercial Project Manager Videos

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