Asset Management

This subject has the following teaching availabilities in 2016:

170 hours

Either of the subjects below or an equivalent.

OR

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

Topics covered include:

• advanced life cycle based property asset management;
• economic modelling;
• asset management optimisation;
• functional and economic performance;
• standards;
• obsolescence;
• condition assessment;
• maintenance and refurbishment implications;
• market and income issues;
• property finance, accounting and taxation issues;
• risk analysis;
• public and private sector guidelines.

At the conclusion of the subject students should be able to:

• Understand more complex asset management issues in the areas noted above;
• Undertake more comprehensive research and analysis practices in the financial and strategic aspects of asset management; and
• Undertake quantitative analysis of more complex assets and whole buildings.

Three major assignments totalling 5,000 words per student as a staged analysis of a building asset.

Assignment 1: Group assignment reporting on Asset Description, Condition, & Future Technical Requirements, due week 5, 25%, 1250 words per student.

Assignment 2: Group assignment reporting on Asset Market Analysis, due week 8, 20%, 1000 words per student.

Assignment 3: Individual assignment reporting on Modelling and Financial Analysis, due week 12, 55%, 2750 words.

Study Guide and Reader Asset Management published annually

This subject is not available as a breadth subject.

• Analytical skills – advanced analysis of life-cycle approaches to property.
• Communication skills -an enhanced ability to communicate complex property issues through written presentations.
• Problem solving skills – an increased body of knowledge associated with complex existing property assets.