Unit Synopsis
Historically, property management was limited to day-to-day operational and administrative tasks associated with the functioning of commercial property. However, the holding and use of real property has emerged over the past several decades (and continues to develop) as a critical component of corporate strategic asset management. It is now widely recognised that corporate investment objectives can only be achieved through management that maximises the value of all asset classes, including the property portfolio held by a corporate entity. This has resulted in a hierarchical approach to property asset management, from corporate real estate management, through facilities management to routine operational management. This unit will provide you, as a prospective property professional, with a clear appreciation of the functions, roles and responsibilities of the stakeholders at the various levels of the property asset management hierarchy within the broader context of the economic, legal, physical and financial parameters that govern the property industry. As an advanced unit, this unit builds on, and assumes basic competencies garnered from the units, you the student have already completed in the Bachelor of Property course.
Details
| Level | Undergraduate |
|---|---|
| Unit Level | 2 |
| Credit Points | 6 |
| Student Contribution Band | SCA Band 4 |
| Fraction of Full-Time Student Load | 0.125 |
| Pre-requisites or Co-requisites |
Pre-requisites: ACCT11059 and LAWS19035 Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework). |
| Class Timetable | View Unit Timetable |
| Residential School | No Residential School |
Unit Availabilities from Term 1 - 2026
Attendance Requirements
All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Assessment Tasks
| Assessment Task | Weighting |
|---|---|
| 1. Written Assessment | 20% |
| 2. Written Assessment | 30% |
| 3. Examination | 50% |
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).
Past Exams
All University policies are available on the Policy web site, however you may wish to directly view the following policies below.
This list is not an exhaustive list of all University policies. The full list of policies are available on the Policy web site .
Term 2 - 2017 : The overall satisfaction for students in the last offering of this course was 87.50% (`Agree` and `Strongly Agree` responses), based on a 66.67% response rate.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Source: Unit evaluation survey
The assessment items worked well to support the learning content and to get real world experience.
We will update the assignment items again to add more practice related contents.
Assignments 1 and 2 have been updated with specific tasks and practices related contents were supplied to all students.
Source: Unit evaluation survey
Nurturing support from the unit coordinator was very helpful.
We will provide additional tutorial supports for all students.
Additional tutorial supports have been provided.
Source: Unit evaluation survey
The pre-recorded video lectures were not easily understandable.
We will review all recorded lectures and either all or some lectures will be re-recorded next year with appropriate care.
Tutorial sessions have been recorded and uploaded to the unit Moodle site.
Source: Unit Evaluation Survey and Emails
Nurturing support from the Lecturer and new course materials were very supportive.
We will continue to strengthen the tutorial supports.
In Progress
Source: Unit Evaluation Survey
A combination of conceptual and practical blend in the content and assignment design increased the student's learning outcome and satisfaction with this unit.
We will continue to monitor at a very micro-level to further strengthen the relationship between theories and practices of property management.
In Progress
Source: Unit Evaluation Survey
The lecture video volume was a little low and sometimes it was hard to follow the audio.
We will increase lecture's audio volume next year.
In Progress
On successful completion of this unit, you will be able to:
- Have a good theoretical and practical working knowledge of asset planning, maintenance management, lease management, financial management, performance management, systems and reporting insofar as those functions relate to the management of real property assets.
- Have a sound understanding of the management of real property assets at the corporate, strategic and operational levels.
- Have a sound understanding of the economic, legal, physical, financial, social and environmental parameters that govern the establishment, holding, use and income generation of real property assets.
- Have a broad understanding of the historic, contemporary and potential future issues facing property asset management in the property industry.
| Assessment Tasks | Learning Outcomes | |||
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| 1 - Written Assessment | • | • | • | • |
| 2 - Written Assessment | • | • | • | • |
| 3 - Examination | • | • | • | • |
| Graduate Attributes | Learning Outcomes | |||
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| 1 - Communication | • | • | • | • |
| 2 - Problem Solving | • | • | • | • |
| 3 - Critical Thinking | • | • | • | • |
| 4 - Information Literacy | • | • | • | • |
| 6 - Information Technology Competence | • | • | • | • |
| 8 - Ethical practice | • | • | • | • |
| Assessment Tasks | Graduate Attributes | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 10 | |
| 1 - Written Assessment | • | • | • | • | • | • | |||||
| 2 - Written Assessment | • | • | • | • | • | • | |||||
| 3 - Examination | • | • | • | • | • | • | |||||