PROP13002 - Property Management

General Information

Unit Synopsis

This unit covers the theory and practice of professional real property management. You will examine the functions, roles and responsibilities of property managers at the various levels of the property management hierarchy within the broader context of the parameters that govern the property industry. You will explore the practical requirements and skills required for effective and ethical property management across a range of property types, including focused research skills to resolve emerging practical problems.

Details

Level Undergraduate
Unit Level 3
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites There are no pre-requisites for the unit.

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 3 - 2022

Term 2 - 2023 Profile
Online

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).

Assessment Overview

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. Report 50%
2. Take Home Exam 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%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 2 - 2021 : The overall satisfaction for students in the last offering of this course was 4.9 (on a 5 point Likert scale), based on a 35% 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: Student evaluation
Feedback
Students made mentions of learning something new, such as, ‘As a property manager for the past 6 years, I was pleasantly surprised that I picked up some extra knowledge from this course that have helped round out my understanding of the processes and hierarchy of property management. With [UC] being an active member of the property community he provided some really valuable real life examples to bed down the literature.’
Recommendation
The virtual classes are to include real life examples and clear connections to current news and events.
Action Taken
The virtual classes included real life examples and regular discussions about the news (as it relates to property management). But attendance at the weekly classes could be improved.
Source: Student evaluation
Feedback
Students presented constructive comments around the major assignment. They suggest: 1. more exemplars should be shared. 2. the word count was considered too short to cover the required headings. 3. much of the required material is covered late in the semester requiring them to read ahead if they were to commerce the assignment early.
Recommendation
More exemplars are now available and will be shared with the 2021 cohort. The suggested headings or ‘template’ for the assignment will be revised to be more concise. The refined assignment will exclude some of the later material. The later material will be assessed in the final assessment task.
Action Taken
The template was revised, and new exemplars provided. This resource will be enhanced in 2022 as new examples are provided.
Source: Student evaluations
Feedback
Audio and visual quality of videos is varied. With students suggesting refinement in places.
Recommendation
New videos will incorporate enhanced audio and visual systems and practices.
Action Taken
Nil.
Source: Student evaluations
Feedback
Numerous students commented on the quality of content and informative virtual classes, including 'I really enjoyed not having a textbook, and enjoyed the extra readings. It was catching to be exposed to the commercial industry as the lecturer had worked in that space and so it was easier to connect the industry practice with what we are studying.'
Recommendation
Unlike less specialized fields of study, there are no textbook resources or other materials that cover the property management knowledge and practice well. As such the lecturer(s) will need to progressively update the materials and incorporate industry practice.
Action Taken
Nil.
Source: Unit coordinator reflection
Feedback
There were some students who were hard to engage with.
Recommendation
Students who have limited engagement will continue to be contacted and encouraged to participate.
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Demonstrate the theory underlying property management practice
  2. Analyse and propose solutions for practical and ethical problems in the property management
  3. Research emerging legal, and practical issues in property management.

The Australian Property Institute (API) has accredited this unit as part of the Bachelor of Property course. This unit contributes to the core knowledge field of the API in Property Management. The learning outcomes for the unit and the assessments have been designed around the accreditation requirements.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3
1 - Report
2 - Take Home Exam
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
Graduate Attributes Learning Outcomes
1 2 3
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
6 - Information Technology Competence
8 - Ethical practice
Alignment of Assessment Tasks to Graduate Attributes
Introductory Level
Intermediate Level
Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Report
2 - Take Home Exam