Vice President (VP), Construction Management Operations Salary
VPs of Construction Management Operations in the United States can look forward to a sizeable six-figure salary — around $122K per year on average. With some bonuses approaching $41K and certain profit sharing proceeds approaching $22K, overall incomes of VPs of Construction Management Operations spread between $80K and $204K depending on individual performance. Location and years of experience each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. A large number enjoy medical while the larger part get dental coverage. Vision coverage is also available to just over a half. Respondents to the PayScale salary survey provided the data for this report.
Job Description for Vice President (VP), Construction Management Operations
The vice president (VP) of construction management operations is in charge of not only day-to-day operations, but also the financial well-being of the various projects under their supervision. They are in charge of hiring project managers, writing contracts, and helping design construction plans.The vice president of construction management operations serves in a hands-on role in nearly every aspect of construction management; not only are they responsible for hiring and supervising the project management team, but they are also in charge of creating and managing budgets.Read More...
The ideal candidate for this position would need to have an extensive knowledge of how a basic construction site works, as well as a general understanding of the real estate industry. The vice president of construction management operations helps write up contracts, put together designs, and work directly with clients to ensure projects meet their expectations.
Vice president of construction management operations generally must have a minimum of 10 years’ construction experience, as well as a bachelor’s degree. Experience or education in finance and real estate is also a requirement. Prior leadership or supervisory skills are a must. With new technologies emerging every day, this vice president needs to have a thorough understanding of emerging relevant technology. Leadership skills and proficiency with basic computer programs such as the Microsoft Office suite are needed as well.
Vice President (VP), Construction Management Operations Tasks
- Hire, manage, and evaluate superintendent staff.
- Create and maintain a safe and secure worksite.
- Ensure that procurement of materials, supplies and equipment meets project needs.
- Direct, measure, and report progress towards project goals.
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Popular Skills for Vice President (VP), Construction Management Operations
Survey results show that VPs of Construction Management Operations typically report just a few professional skills. Most notably, skills in Contractor Management, Operations Management, Project Management, and Construction Estimating are correlated to pay that is above average. Skills that seem to negatively impact pay include Construction Estimating. Those proficient in Construction Estimating are, more often than not, also skilled in Operations Management.
Pay by Experience Level for Vice President (VP), Construction Management Operations
Median of all compensation (including tips, bonus, and overtime) by years of experience.
VPs of Construction Management Operations generally obtain higher compensation for more plentiful past experience. Although employees with less than five years' experience earn around $81K on average, the five-to-10 year group has a much higher, six-figure median of $109K. The average pay reported by folks with 10 to 20 years of experience is around $137K. People who have worked for more than 20 years report a median income of $146K, which is barely higher than the median for folks with 10 to 20 years of experience.