ARPL 675 Asset Management & Strategic Planning
Explores the financial side of facilities management, including the basics of real estate investment, development, and disposition. Students will learn to consider Lifecycle Cost Assessment (LCA), use different financial metrics to evaluate the Total cost of Ownership (TCO), estimate the market value of a facility and develop multiple investment holding scenarios for maximizing the return, financial and otherwise, from the owner's perspective. Students will also learn how to compute and rank-order the benefit-cost analysis of investment portfolios that include multiple types of real estate properties, both in the short-term and long term. Prerequisite: None.