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Unit of study_

DESC9194: Asset and Facility Management

Property and physical infrastructure are essential elements of business operations and organisational functions. This unit of study will examine the key issues in built assets and facilities management (FM), and how they relate to strategic management within the context of high performance buildings. The unit will enable students to develop an understanding of strategic asset management, portfolio planning, benchmarking of operational services, mandatory code compliances, and business needs for high performing facilities. The functions of facilities management within built assets have a direct relationship with the organisation's performance within a constantly changing business environment. A technical understanding of built assets is a prerequisite to optimising business efficiency and future-proofing against market changes. The unit is taught using a case-study methodology with students working through actual industry projects, thus stimulating a broader appreciation of the FM work involved and encouraging students to work collaboratively and creatively towards practical solutions.

Code DESC9194
Academic unit Architectural and Design Science
Credit points 6

At the completion of this unit, you should be able to:

  • LO1. Understand key operational and management principles which drive asset utilisation for physical infrastructure as business enablers;
  • LO2. Develop appreciation of budgets, compliance, risk and business requirements in property, real estate asset and facilities portfolios;
  • LO3. Complete an asset and facility project to develop briefing, due diligence and asset utilisation studies;
  • LO4. Understand complex operational, compliance and budgetary data for qualitative and quantitative evaluations at internal (micro) and external (market) levels;
  • LO5. Apply business and commercial management skills for strategic asset and facilities operations, including risk analysis at property portfolio levels;
  • LO6. Understand the principles of asset and facilities life cycle analysis and management;
  • LO7. Provide professional and academic critique during site visits, class presentations and case studies;
  • LO8. Work as a team (group assignment) to efficiently manage property asset project objectives and deliverable at portfolio levels.

Unit outlines

Unit outlines will be available 2 weeks before the first day of teaching for the relevant session.

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