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  3. Sustainable Management of Design Assets

Sustainable Management of Design Assets (PROP30002)

Undergraduate level 3Points: 12.5On Campus (Parkville)

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Year of offer2019
Subject levelUndergraduate Level 3
Subject codePROP30002
Semester 2
FeesSubject EFTSL, Level, Discipline & Census Date

This core subject for the Bachelor of Design property major draws together economic, physical/environmental, financial and legal aspects relating to the management of the property asset from the perspective of a managing agent or major property portfolio manager who are responsible for the performance of investment properties during the 95% of their economic life between the completion of initial construction and eventual demolition.
Topics include:

  • What is property management?;
  • Stakeholders including: public and private perspectives, and owner/investor and occupier perspectives;
  • Managing properties from various use classifications;
  • Managing the physical asset: property inspections;
  • Services – contract management;
  • Planned programmed maintenance systems, etc.;
  • Legal, environmental and market demands including lease conditions and management;
  • Sustainability risk management;
  • OHS;
  • International comparisons.

Intended learning outcomes

Understand and apply the principles of managing the built environment to achieve design objectives.

On successful completion of this subject, students should be able to:

  • Understand the social, legal, economic and environmental impacts of sustainable property asset management practice;
  • Analyse sustainable asset management systems and practices across a range of property design types from a range of stakeholder perspectives to maintain and enhance value and utility for users and owners;
  • Access, interpret and synthesise data relevant to current sustainable property design management issues;

Generic skills

Upon successful completion of this subject the student will have had the opportunity to develop the following generic skills:

  • analytical skills
  • communication skills
  • problem solving skills
  • critical thinking

Last updated: 10 August 2019