diff --git a/Makefile b/Makefile
index f11e12d..d190b21 100644
--- a/Makefile
+++ b/Makefile
@@ -48,6 +48,10 @@ ifeq ($(USE_IMAGE_DIGESTS), true)
 	BUNDLE_GEN_FLAGS += --use-image-digests
 endif
 
+# Set the Operator SDK version to use. By default, what is installed on the system is used.
+# This is useful for CI or a project to utilize a specific version of the operator-sdk toolkit.
+OPERATOR_SDK_VERSION ?= v1.31.0
+
 # Image URL to use all building/pushing image targets
 DEFAULT_IMG ?= quay.io/openstack-k8s-operators/openstack-baremetal-operator:latest
 IMG ?= $(DEFAULT_IMG)
@@ -79,25 +83,6 @@ endif
 SHELL = /usr/bin/env bash -o pipefail
 .SHELLFLAGS = -ec
 
-##@ Build Dependencies
-
-## Location to install dependencies to
-LOCALBIN ?= $(shell pwd)/bin
-$(LOCALBIN):
-	mkdir -p $(LOCALBIN)
-
-## Tool Binaries
-KUSTOMIZE ?= $(LOCALBIN)/kustomize
-CONTROLLER_GEN ?= $(LOCALBIN)/controller-gen
-ENVTEST ?= $(LOCALBIN)/setup-envtest
-GINKGO ?= $(LOCALBIN)/ginkgo
-
-## Tool Versions
-KUSTOMIZE_VERSION ?= v3.8.7
-CONTROLLER_TOOLS_VERSION ?= v0.11.1
-
-KUSTOMIZE_INSTALL_SCRIPT ?= "https://raw.githubusercontent.com/kubernetes-sigs/kustomize/master/hack/install_kustomize.sh"
-
 .PHONY: all
 all: build
 
@@ -138,11 +123,6 @@ vet: gowork ## Run go vet against code.
 	go vet ./...
 	go vet ./... ./api/...
 
-.PHONY: ginkgo
-ginkgo: $(GINKGO) ## Download ginkgo locally if necessary.
-$(GINKGO): $(LOCALBIN)
-	test -s $(LOCALBIN)/ginkgo || GOBIN=$(LOCALBIN) go install github.com/onsi/ginkgo/v2/ginkgo
-
 .PHONY: test
 test: manifests generate fmt vet envtest ginkgo ## Run tests.
 	KUBEBUILDER_ASSETS="$(shell $(ENVTEST) use $(ENVTEST_K8S_VERSION) --bin-dir $(LOCALBIN) -p path)" $(GINKGO) --coverprofile cover.out --cover --covermode=atomic --coverpkg=../../pkg/...,../../controllers,../../api/v1beta1 --trace ./...
@@ -213,28 +193,72 @@ deploy: manifests kustomize ## Deploy controller to the K8s cluster specified in
 undeploy: ## Undeploy controller from the K8s cluster specified in ~/.kube/config. Call with ignore-not-found=true to ignore resource not found errors during deletion.
 	$(KUSTOMIZE) build config/default | kubectl delete --ignore-not-found=$(ignore-not-found) -f -
 
+##@ Build Dependencies
+
+## Location to install dependencies to
+LOCALBIN ?= $(shell pwd)/bin
+$(LOCALBIN):
+	mkdir -p $(LOCALBIN)
+
+## Tool Binaries
+KUSTOMIZE ?= $(LOCALBIN)/kustomize
+CONTROLLER_GEN ?= $(LOCALBIN)/controller-gen
+ENVTEST ?= $(LOCALBIN)/setup-envtest
+GINKGO ?= $(LOCALBIN)/ginkgo
+
+## Tool Versions
+KUSTOMIZE_VERSION ?= v3.8.7
+CONTROLLER_TOOLS_VERSION ?= v0.11.1
+
+KUSTOMIZE_INSTALL_SCRIPT ?= "https://raw.githubusercontent.com/kubernetes-sigs/kustomize/master/hack/install_kustomize.sh"
 .PHONY: kustomize
-kustomize: $(KUSTOMIZE) ## Download kustomize locally if necessary.
+kustomize: $(KUSTOMIZE) ## Download kustomize locally if necessary. If wrong version is installed, it will be removed before downloading.
 $(KUSTOMIZE): $(LOCALBIN)
-	rm -f $(LOCALBIN)/kustomize || true
+	@if test -x $(LOCALBIN)/kustomize && ! $(LOCALBIN)/kustomize version | grep -q $(KUSTOMIZE_VERSION); then \
+		echo "$(LOCALBIN)/kustomize version is not expected $(KUSTOMIZE_VERSION). Removing it before installing."; \
+		rm -rf $(LOCALBIN)/kustomize; \
+	fi
 	test -s $(LOCALBIN)/kustomize || { curl -Ss $(KUSTOMIZE_INSTALL_SCRIPT) | bash -s -- $(subst v,,$(KUSTOMIZE_VERSION)) $(LOCALBIN); }
 
 .PHONY: controller-gen
-controller-gen: $(CONTROLLER_GEN) ## Download controller-gen locally if necessary.
+controller-gen: $(CONTROLLER_GEN) ## Download controller-gen locally if necessary. If wrong version is installed, it will be overwritten.
 $(CONTROLLER_GEN): $(LOCALBIN)
-	test -s $(LOCALBIN)/controller-gen || GOBIN=$(LOCALBIN) go install sigs.k8s.io/controller-tools/cmd/controller-gen@$(CONTROLLER_TOOLS_VERSION)
+	test -s $(LOCALBIN)/controller-gen && $(LOCALBIN)/controller-gen --version | grep -q $(CONTROLLER_TOOLS_VERSION) || \
+	GOBIN=$(LOCALBIN) go install sigs.k8s.io/controller-tools/cmd/controller-gen@$(CONTROLLER_TOOLS_VERSION)
 
 .PHONY: envtest
 envtest: $(ENVTEST) ## Download envtest-setup locally if necessary.
 $(ENVTEST): $(LOCALBIN)
 	test -s $(LOCALBIN)/setup-envtest || GOBIN=$(LOCALBIN) go install sigs.k8s.io/controller-runtime/tools/setup-envtest@latest
 
+.PHONY: operator-sdk
+OPERATOR_SDK ?= $(LOCALBIN)/operator-sdk
+operator-sdk: ## Download operator-sdk locally if necessary.
+ifeq (,$(wildcard $(OPERATOR_SDK)))
+ifeq (, $(shell which operator-sdk 2>/dev/null))
+	@{ \
+	set -e ;\
+	mkdir -p $(dir $(OPERATOR_SDK)) ;\
+	OS=$(shell go env GOOS) && ARCH=$(shell go env GOARCH) && \
+	curl -sSLo $(OPERATOR_SDK) https://github.com/operator-framework/operator-sdk/releases/download/$(OPERATOR_SDK_VERSION)/operator-sdk_$${OS}_$${ARCH} ;\
+	chmod +x $(OPERATOR_SDK) ;\
+	}
+else
+OPERATOR_SDK = $(shell which operator-sdk)
+endif
+endif
+
 .PHONY: bundle
-bundle: manifests kustomize ## Generate bundle manifests and metadata, then validate generated files.
-	operator-sdk generate kustomize manifests -q
+bundle: manifests kustomize operator-sdk ## Generate bundle manifests and metadata, then validate generated files.
+	$(OPERATOR_SDK) generate kustomize manifests -q
 	cd config/manager && $(KUSTOMIZE) edit set image controller=$(IMG)
-	$(KUSTOMIZE) build config/manifests | operator-sdk generate bundle $(BUNDLE_GEN_FLAGS)
-	operator-sdk bundle validate ./bundle
+	$(KUSTOMIZE) build config/manifests | $(OPERATOR_SDK) generate bundle $(BUNDLE_GEN_FLAGS)
+	$(OPERATOR_SDK) bundle validate ./bundle
+
+.PHONY: ginkgo
+ginkgo: $(GINKGO) ## Download ginkgo locally if necessary.
+$(GINKGO): $(LOCALBIN)
+	test -s $(LOCALBIN)/ginkgo || GOBIN=$(LOCALBIN) go install github.com/onsi/ginkgo/v2/ginkgo
 
 .PHONY: bundle-build
 bundle-build: ## Build the bundle image.
@@ -324,6 +348,11 @@ golint: get-ci-tools
 	GOWORK=off PATH=$(GOBIN):$(PATH); $(CI_TOOLS_REPO_DIR)/test-runner/golint.sh
 	GOWORK=off PATH=$(GOBIN):$(PATH); $(CI_TOOLS_REPO_DIR)/test-runner/golint.sh ./api
 
+.PHONY: operator-sdk
+operator-sdk: $(OPERATOR_SDK) ## Download operator-sdk locally if necessary.
+$(OPERATOR_SDK): $(LOCALBIN)
+	test -s $(OPERATOR_SDK) || curl -o $(LOCALBIN)/operator-sdk -L https://github.com/operator-framework/operator-sdk/releases/download/$(OPERATOR_SDK_VERSION)/operator-sdk_linux_amd64 && chmod +x $(LOCALBIN)/operator-sdk
+
 .PHONY: gowork
 gowork: ## Generate go.work file to support our multi module repository
 	test -f go.work || go work init