Course Title: Property Asset Management

Part A: Course Overview

Course Title: Property Asset Management

Credit Points: 12.00

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

OMGT1156

City Campus

Undergraduate

325H Property, Construction & Project Management

Face-to-Face

 Sem 2 2012,
Sem 2 2013,
Sem 1 2014,
Sem 1 2015,
Sem 1 2016,
Sem 1 2017,
Sem 1 2018,
Sem 1 2019,
Sem 1 2020,
Sem 1 2021,
Sem 1 2022,
Sem 1 2023,
Sem 1 2024

Course Coordinator: Callum Logan

Course Coordinator Phone: +61 3 9925 2801

Course Coordinator Email: callum.logan@rmit.edu.au

Course Coordinator Location: 8.8.11


Pre-requisite Courses and Assumed Knowledge and Capabilities

Enforced Pre-Requisite
Courses Successful completion of

OMGT2214/OMGT2234/OMGT2249 Introduction to Property  
Note: it is a condition of enrolment at RMIT that you accept responsibility for ensuring that you have completed the prerequisite/s and agree to concurrently enrol in co-requisite courses before enrolling in a course. For your information go to RMIT Course Requisites webpage.


Course Description

This course will introduce you to the administration and maintenance of various types of property. The objectives of this course are to promote your critical understanding of: the impact of different solutions in the management of individual properties and portfolios of properties, the enrichment of the value of an investment and the continuing review of the asset.

This course uses practical applications and industry knowledge to provide the ability to apply the latest asset and property management strategies to maximise asset value.

Please note that if you take this course for a bachelor honours program, your overall mark in this course will be one of the course marks that will be used to calculate the weighted average mark (WAM) that will determine your award level. (This applies to students who commence enrolment in a bachelor honours program from 1 January 2016 onwards. See the WAM information web page for more information.)
 


Objectives/Learning Outcomes/Capability Development

Program Learning Outcomes (PLOs)

In this course you will develop the following program learning outcomes:

1. Determine and apply knowledge of complex property and valuation theory to your professional practice and/or further study
2. Professionally communicate to a range of audiences, demonstrating in depth knowledge of the discipline and of the needs of diverse property and valuation stakeholders
3. Apply logical, critical and creative thinking to analyse, synthesise and apply theoretical knowledge, and technical skills, to formulate evidenced based solutions to industry problems or issues
5. Collaborate effectively with others and demonstrate intellectual independence and autonomy to solve problems and/or address industry issues and imperatives
6. Critically examine and reflect on the profession , in local and/or global contexts, and question accepted interpretations and decision making


Course Learning Outcomes (CLOs)

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

  1. Analyse techniques for maintaining and adding value to the property asset.
  2. Interpret and negotiate lease documentation.
  3. Demonstrate your ability to communicate with a wide range of clients, authorities, professionals and other stakeholders.
  4. Apply strategic thinking to negotiate equitable outcomes in property transactions, recognising the rights of each party, and achieving the best outcome for the owner/stakeholders.
  5. Identify and reflect on best practice in property and facility management processes, and implement strategies to enhance the quality and value of assets.


Overview of Learning Activities

This course comprises lectures and workshops. Learning activities in this course includes case study analysis, discussions and guest industry lectures/presentations.


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems.
A textbook may be required for this course which is supplemented with industry readings.


Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program learning outcomes. 

Assessment 1: Test 1 Covers lecture material and tutorials from weeks 1-3. 15%  CLO1, CLO2. 

Assessment 2: Sustainability Report 30% CLO3, CLO5

Assessment 3: Test 2: Covers lecture material and tutorials from weeks 5-10. 20%  CLO1, CLO3.

Assessment 4: Operating Expenses Reconciliation Report 35%  CLO 2, CLO3, CLO 5

Feedback will be given on all assessment tasks. 

If you have a long term medical condition and/or disability it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or Equitable Learning Services if you would like to find out more. 

Your course assessment conforms to RMIT assessment principles, regulations, policies, procedures and instructions.