Facility Management (Masters)

This subject is not offered in 2013.

120 hours

Entry into the Melbourne School of Design or approval from the subject coordinator.

Exposure to the time-value of money - discounting and compounding factors.

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

The subject examines a number of topics relevant to the long term ownership and use of buildings.

These topics include:

• strategic accommodation decisions and briefing;
• facility economics, including life cycle costing;
• investment analysis for capital works and cost benefit analysis;
• property asset maintenance management and terotechnology;
• corporate real estate;
• procurement procedures in facility management.

On completion of the subject students should be able to:

• place property ownership in the context of the investment environment, design and construction;
• analyse the life cycle of significant parts or elements of a building and be able to carry out an analysis of a whole building;
• demonstrate the principles of depreciation, obsolescence and other ownership issues as they apply to new and existing buildings.

• One three-hour end of semester examination (60%).
• Assignment one is due before mid semester (10%) equivalent of 1000 words.
• Assignment two is due towards the end of semester (30%) equivalent of2000 words.

A minimum grade of 40% has to be achieved in the examination in order to pass this subject.

Study Guide and Reader Facility Management published annually

This subject is not available as a breadth subject.

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

• communication;
• analytical skills;
• problem solving skills.

Formerly available as ABPL40008 (702-415) or ABPL90027 (702-658) Building Economy and Property Asset Management. Students who have completed either of these subjects are not eligible to enrol in this subject.