Course Title: Development Decisions

Part A: Course Overview

Course Title: Development Decisions

Credit Points: 12


Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

OMGT1179

City Campus

Postgraduate

325H Property, Construction & Project Management

Face-to-Face

Sem 2 2006,
Sem 2 2007,
Sem 2 2008,
Summer2009,
Sem 2 2009,
Sem 2 2010,
Sem 2 2012,
Sem 2 2013,
Sem 2 2014,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016

Course Coordinator: Judith Callanan

Course Coordinator Phone: 99252644

Course Coordinator Email: property@rmit.edu.au

Course Coordinator Location: 8.8.8

Course Coordinator Availability: by appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

MKTG1140 Investment Evaluation Techniques for Real Estate and OMGT1165 Valuation Techniques and Property Analysis.


Course Description

This course examines the process of land use decision -making and focuses on the role of the real estate developer and the planner. The objectives of this course are to develop and expand your knowledge of resource limitations, political processes (legislative change) and locational constraints in the process of land- use decision making.
In addition to the specific skills in developing demographic and market analysis you will develop your ability to understand the dynamics of the development process, particularly with regard to the people, their roles and organisations involved. The social and political aspects and implications of developments will also be considered within the decision-making framework. You will develop your abilty The continued development of the Your ability to work in multi-disciplinary team to achieve effective decision making .
This course will build and develop your understanding of complex property processes involved in development, planning and land use decision-making.


Objectives/Learning Outcomes/Capability Development

In this course you will develop the following program capabilities:

1.  Research, interpret, analyse and synthesise knowledge and information from diverse sources

2.  Apply knowledge to undertake critical analysis and solve problems

3.  Assess and manage risk in a strategic way & take a strategic perspective with the ability to implement new directions

4. Engage critically with social, environmental and economic policy frameworks

These capabilities will enable you to work as a valued and ethical property professional in a diverse range of property related disciplines. The skills adopted in these capabilities will enhance you capacity to Research, interpret, analyse and synthesise knowledge and information from diverse sources to assist your ability to make valuable decisions towards development of property


Upon successful completion of this course, you will be able to:

L1 - Research, interpret and analyse a range of data from diverse sources, including legislation

 L2 - Undertake a critical analyse of property and related data to diagnose and solve problems

L3 - Apply sound decision making and analytical skills to successfully review and set directions

L4 - Apply decision making skills within a decision matrix

Develop your ability to work in a multi disciplinary teams to achieve effective decision making to develop your your skills to

Identify and analyse how external and internal events coupled with environmental and regulatory factors impact on the development process


Overview of Learning Activities

Key concepts will be explained and illustrated in lectures, with workshop or tutorials to apply the knowledge


Overview of Learning Resources

There are no prescribed textbooks for this course.

This course covers a wide range of material and as such there is no comprehensive reading guide that will provide the student. Student will be guide toward relievant readings and current events that influence this topic.

All students will be directed to relevant sources of information for further study during the lectures.


Overview of Assessment

Each student will be required to complete three pieces of assessment and to undertake a final exam

Assessment will include an individual assignment, a group assignment and Presentation

This program will have a final examination that is conducted at home and student will have 1 week to complete the task that will be released during the examination period.