702-415 Facility Management

Formerly available as 702-415/658 Building Economy and 702-415/658 Property Asset Management. Students who have completed 702-415/658 are not eligible to enrol in this subject.

702-353 Statutory Valuation or 702-302 Architectural Design 3A or 702-316 Management of Construction 3 or

equivalent

Strategic planning and accommodation decisions. Financial analysis of capital works. Terotechnology, life cycle costing and cost benefit analysis. Development leases and maintenance contract procedures.

On completion of the subject students should be able to:

• Place property ownership in the context of the investment environment, design and construction.

• Understand life cycle study for a significant part or element of a building and be able to carry out an analysis of a whole building.

• Understand the principles of depreciation, obsolescence and other ownership issues as they apply to new and existing buildings.

On completion of the subject students should have developed the following skills and capabilities:

• Communication.

• Analytical skills.

• Problem solving skills.

One three hour examination (60%). Assignments totaling no more than 2000 words (40%). A minimum mark of 40% must be achieved in the examination in order to pass this subject.