BSc (Hons) Real Estate Management with Foundation Year

Version: 5.00

Status: Final

Author: John Mansfield / Janet Hontoir

Date: 08/08/2019

BSc (Hons) Real Estate

Management with

Foundation Year

Programme Specification 2019-20

BSc (Hons) Real Estate Management with Foundation Year Programme

Specification

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Summary Programme Details

Final Award

Award: Bachelor of Science with Honours

Title of (final) Programme: Real Estate Management

Credit points: 360

Level of award (QAA FHEQ): 6

Intermediate award(s)

Intermediate award 1: BSc Real Estate Management

Ordinary Degree

Credit points: 300


Intermediate award 2: Diploma of Higher Education Real Estate Management

Credit points: 240


Intermediate award 3: Certificate of Higher Education Property Studies

Credit points: 120


Validation

Validating institution: University College of Estate Management (UCEM)

Date of last validation: October 2018

Date of next periodic review: March 2024

Professional accreditation/

recognition

Accrediting/recognising body: Royal Institution of Chartered Surveyors

Details of the

accreditation/recognition:

BSc (Hons) award is accredited BSc (Hons) award

Date of last programme


BSc (Hons) award last accredited November 2015

Date of next periodic review: November 2020

Accrediting/recognising body: Chartered Association of Building Engineers


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Details of the


BSc (Hons) award is accredited



BSc (Hons) award last accredited August 2015

Date of next periodic review: August 2020

Accrediting/recognising body: Property Services Regulatory Authority (Republic of

Ireland)

Details of the


Meets the minimum qualification requirements set out in

the Property Services (Regulation) Act 2011

(Qualifications) Regulations 2012, S.1. 181 of 2012



N/A

Date of next periodic review: No time restriction

Miscellaneous

QAA benchmark statement: UK Quality Code for Higher Education

Part A: Setting and Maintaining Academic Standards

The Frameworks for Higher Education Qualifications of

UK Degree-Awarding Bodies (click here).

Quality Assurance Agency (QAA) Subject Benchmark

Statement: Land, Construction, Real Estate and

Surveying October 2016 (click here).

Date of commencement of

first delivery:

October 2019

Duration: 5 years

Maximum period of

registration:

In accordance with the Academic and Programme

Regulations for Students on BSc programmes with

Foundation Year.

UCAS Code: D440

Programme code: U6REF

Other coding as required: N/A

http://www.qaa.ac.uk/en/Publications/Documents/qualifications-frameworks.pdf

http://www.qaa.ac.uk/en/Publications/Documents/qualifications-frameworks.pdf

http://www.qaa.ac.uk/en/Publications/Documents/SBS-Land-Construction-Real-Estate-and-Surveying-16.pdf



https://www.ucem.ac.uk/study-with-ucem/studying-with-ucem/programme-specifications-and-academic-regulations/




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Programme Overview Rationale

To present an internationally recognised programme in a flexible learning format, to

facilitate students who wish to study at their own pace with a high-quality learning

experience. The programme widens access for students to study from worldwide

destinations, and fulfils the needs of those who may wish to remain in employment while

studying, or who perhaps are not in a position, or do not wish to, attend a full-time or part-

time degree programme. The programme provides for students to study at their own pace,

allowing variable module/credit loads to be completed in each semester.

The Foundation Year, designed to appeal to a broad spectrum of students, is a fully

supported and integrated part of this programme. Students who successfully complete the

Foundation Year can progress to Level 4 of UCEM’s BSc (Hons) degrees. Therefore, this

BSc (Hons) with Foundation Year provides a higher education entry point for students who

have insufficient qualifications to enrol directly onto an BSc Honours Degree programme.

Upon successful completion of the Foundation Year, there may be an opportunity to

transfer to the apprenticeship programme.

The programme as a whole is for people who wish to gain an accredited academic

qualification, which meets the requirements to becoming a full member of the Royal

Institution of Chartered Surveyors (RICS) or other related professional bodies. The award

of the degree also acts as a platform for those wishing to study for postgraduate level

qualifications.

The programme is structured to deliver a fully rounded skillset for those wishing to practice

in real estate, and encompasses commercial property management, valuation, property

economics, property development and planning. Gaining this degree will enrich the

student’s knowledge of this vital area of modern commerce and industry, and strengthen

the student’s CV.

The programme is designed for existing and aspiring urban real estate practitioners,

including those who wish to study full time, and those who wish to work whilst studying.

The programme provides the founding base of knowledge for those looking to go on to

practice in the management and valuation of commercial real estate, and also commercial

real estate agency. It is suited to those looking to work in the real estate development

sector. The programme is suitable for those looking to change career direction, and also

school/college leavers looking to pursue a career in real estate.

The Project module is compulsory for all students, with the expectation that apprenticeship

scheme students will use data and information from within the workplace whereas non-

apprenticeship students may use data and information from within or beyond the

workplace. The Project module is the catalyst for students to reflect on their learning

throughout the programme and it hones their research and critical analysis skills, which,

for apprenticeship students, is an intrinsic part of the end-point assessment.

Students on the apprenticeship programme will also receive one full day face to face

workshop per semester to support their professional development. These workshops will

support students’ progress with their professional RICS Assessment of Professional


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Rationale

Competency (APC) diaries and with the reflection and review of the professional

competencies required for their particular RICS APC pathway.

Entry requirements

Entrants to this programme normally are required to have:

• 48 UCAS Tariff points please refer to the 2017 UCAS Tariff tables) or an equivalent level of attainment through recognised qualifications not included in the UCAS tariff;*

and

• Mathematics plus two other GCSE’s at grade C or above (Grade 4 for applicants holding newly reformed GCSEs in England) or equivalent,

The academic level of International qualifications that are not listed on the UCAS tariff will

be assessed using UK NARIC.

All UCEM programmes are taught and assessed in English. In addition to the programme

entry requirements listed above, all applicants will therefore be required to demonstrate

adequate proficiency in the language before being admitted to a programme:

• GCSE Grade C or above in English Language or English Literature (Grade 4 for

applicants holding newly reformed GCSEs in England), or an equivalent

qualification. For further information on equivalent qualifications please contact:

[email protected].

• Grade 5.5 or above, with at least 5.0 in the reading, writing and listening modules,

in the International English Language Testing System (IELTS) test administered by

the British Council in the Social Sciences academic module.

• 79 or above in the Internet option, 213 or above in the computer-based option or

550 or above in the paper-based option, of the Teaching of English as a Foreign

Language (TOEFL) test.

• Grade C or above in Use of English at AS Level or its equivalent.

For English language requirements please click here.

*Recognised qualifications having an equivalent level of attainment as those recognised

by UCAS include: Higher National Certificate (HNC), Higher National Diploma (HND),

professional qualifications from recognised institutions, certain armed forces qualifications

and partially completed degrees. There are also a wide range of international

qualifications that are deemed to have UCAS point equivalent values. For more

information on equivalent qualifications please contact: [email protected].

If a student does not meet the standard entry requirements, and is over 21 years of age,

UCEM will consider the application on an individual basis. In these cases, the application

will be assessed by the Programme Leader, who will give careful consideration to any

professional and life experiences as well as any academic or vocational qualifications the

mailto:[email protected]

https://www.ucem.ac.uk/study-with-ucem/international-students/language-requirements/

mailto:[email protected]


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Entry requirements

student may hold. The student may be asked to provide a detailed personal statement

and/or a reference or letter of support from an employer or mentor to support the

application.

Applications are assessed in accordance with the UCEM Code of Practice: Admissions

and Recognition of Prior Learning (click here).

Students may apply to enter the programme in either semester.

Recognition of prior certificated learning (RPCL) or recognition of prior experiential

learning (RPEL) routes into the Programme

UCEM policy and procedures for Recognition of Prior Experiential Learning (RPEL) and

Recognition of Prior Certificated Learning (RPCL) are set out in the UCEM Code of

Practice: Admissions and Recognition of Prior Learning. This policy statement takes

precedence in any such decision.

RPEL may be used for admission onto the Foundation Year in accordance with the entry

requirements stated in the section above. However, RPEL and RPCL do not normally

enable transfer of credit into this programme nor enable exemption from any component

on this programme.

Programme progression

For details of progression arrangements, please view the Academic and Programme Regulations for Students on BSc programmes with Foundation Year. Successful completion of the Foundation Year will enable progression onto Level 4 of the BSc (Hons) programme. Upon successful completion of the Foundation Year, there may be an opportunity to transfer to the apprenticeship programme. Successful completion of the BSc may enable the student to progress onto one of our MSc programmes.

Award Regulations

For details of award arrangements, please view the Academic and Programme

Regulations for Students on BSc programmes with Foundation Year.

Career prospects

The following provide a range of the types of careers that students pursue after

completing this programme.

Estate and property management:

• Auctioneering, rating, taxation, property investment, portfolio management and

rent reviews;

• Valuing for mortgages, rates, rents and inheritance tax;

• Facilities management, covering tangible assets, support services and people.

https://www.ucem.ac.uk/about-ucem/code-of-practice/

https://www.ucem.ac.uk/about-ucem/code-of-practice/






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Career prospects

Finance, investment and development:

• Advising on development, land purchase or compensation for compulsory

purchase;

• Financial aspects of real estate, including the sale, purchase and portfolio

management of investment property and the financing of real estate projects;

• Working with and understanding the roles of bankers, accountants, developers and

major institutional investors in real estate.

Appraisal, agency and building management:

• Valuing for purchase, sale, letting, investment, mortgage, rating, insurance,

compensation or taxation;

• Negotiating for sale, purchase, leasing or auction

• Managing and maintaining residential, commercial and industrial property.

Planning & Development:

• All aspects of urban and rural planning;

• Advising on economics, amenities, conservation and urban renewal schemes;

• Working with planners to implement plans within a given timescale and budget.

Programme Aims Programme aims

The UCEM BSc (Hons) Real Estate Management programme provides students with a

rigorous understanding of the principles and practices involved in commercial property

management, valuation, planning and development surveying, to undergraduate degree

level. The programme reflects the academic underpinning necessary to prepare students

for a career as a surveyor, predominantly via membership of RICS and other related

professional bodies. Students are provided with a progressive development of knowledge

and skills over four levels of study.

The Foundation Year provides students with a broad, basic and contextual understanding

of the built environment sector. It also provides them with the necessary academic study

skills of literacy, numeracy, digital literacies skills and personal and professional skills

necessary to progress onto Level 4 of the BSc (Hons). The acquisition of skills is driven by

the contextual learning and the skills developed will be transferable across to other study

programmes and other industries.

The programme is designed to ensure that graduates have a stimulating and challenging

education, which prepares them well for their professional career. It also aims to produce

capable individuals with the potential to progress to professional status and prepare for


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Programme aims

advancement to postgraduate qualifications. Students will develop a broad range of skills,

which are transferable across other professions and industries.

Market and internationalisation

This programme is aimed at UK and international students. While UK law, regulatory

controls and practice are at the core of the study materials, the programme aims to

contextualise within an international framework. Where possible, comparative examples

are used to highlight the difference in regional approaches, and thus foster further

understanding of the principles and applications introduced.

Learning Outcomes Having successfully completed the programme, the student will have met the following

learning outcomes.

Level 3 Relevant

modules

A – Knowledge and

understanding

A3.1 Explain and describe the features of buildings,

relating to their construction, material and stakeholder

requirements.

3PEOBLD,

3MATMET

A3.2 Describe and outline the nature of land,

landscapes and communities, recognising the

constraints on the supply and utility of land.

3PEOBLD,

3LANBLD

A3.3 Define and summarise the main features of the

land and residential property markets.

3LANBLD,

3MARBLD

A3.4 Explain the different types of property tenure and

indicate the implications in the management of

buildings.

3PEOBLD,

3MARBLD

B – Intellectual skills B3.1 Recall and select concepts and principles and

relate these to a range of topics in the built

environment

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

B3.2 Recognise and explain relevant topical issues in

the built environment,

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

B3.3 Identify and discuss actions and solutions to a

range of basic problems.

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD


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Level 3 Relevant

modules

B3.4 Demonstrate the use of programme concepts

and principles

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

C – Subject practical

skills

C3.1 Prepare and present visual material using simple

drawings, sketches, photographs and diagrams.

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

C3.2 Measure and draw a plan

3PEOBLD,

3MATMET

C3.3 Use mathematics to provide information and

solutions.

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

C3.4 Use a range of digital tools effectively. 3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

D – Key /

Transferable skills

D3.1 Communicate effectively through a range of

media formats deploying written, digital literacies and

numerical skills.

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

D3.2 Identify the key environmental, social, political

and economic considerations associated with

sustainable development and innovation in the built

environment.

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

D3.3 Apply self-direction in study and work using own

initiative.

3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

D3.4 Manage time effectively and efficiently. 3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD

D3.5 Develop digital literacies 3PEOBLD,

3LANBLD,

3MATMET,

3MARBLD


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Level 4 Relevant

modules

A – Knowledge and

understanding

A4.1 Describe the form and context of professional

practice.

4BLTENV,

4REGFMK,

4LAWBEV

A4.2 Explain management theory and interpret data.

4BLTENV,

4OPDMAN,

4CONTEA,

4PRIVAL,

4LAWBEV

A4.3 Demonstrate knowledge of the ethical,

legislative and regulatory systems that guide

professional practice.

4BLTENV,

4OPDMAN,

4CONTEA,

4PRIVAL,

4LAWBEV

B – Intellectual skills B4.1 Demonstrate a basic understanding of subject-

specific concepts, principles and theories

4BLTENV,

4OPDMAN,

4REGFMK,

4CONTEA,

4PRIVAL,

4LAWBEV

B4.2 Collate, summarise and analyse information.

4BLTENV,

4OPDMAN,

4REGFMK,

4CONTEA,

4LAWBEV

B4.3 Demonstrate an ability to solve basic numerical

problems using appropriate techniques.

4BLTENV,

4OPDMAN,

4REGFMK,

4PRIVAL


skills

C4.1 Use appropriate evaluation techniques to solve

problems.

4BLTENV,

4OPDMAN,

4CONTEA,

4PRIVAL,

4LAWBEV

C4.2 Interpret practical results with guidance.

4BLTENV,

4OPDMAN,

4REGFMK,

4CONTEA,

4PRIVAL,

4LAWBEV


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Level 4 Relevant

modules

C4.3 Present results of investigations in various

formats.

4BLTENV,

4OPDMAN,

4REGFMK,

4CONTEA,

4PRIVAL,

4LAWBEV

D – Key /

Transferable skills

D4.1 Manage, develop and plan individual learning 4BLTENV,

4PRIVAL

D4.2 Identify and apply a range of numerical

techniques.

4OPDMAN,

4PRIVAL,

4BLTENV

D4.3 Communicate information effectively.

4OPDMAN,

4REGFMK,

4CONTEA,

4PRIVAL,

4LAWBEV

D4.4 Develop a knowledge and understanding of

the principles of sustainability.

4REGFMK,

4BLTENV,

4CONTEA,

4LAWBEV,

4PRIVAL

Level 5 Relevant

modules

A – Knowledge and

understanding

A5.1 Examine the techniques used in property

valuation for various purposes.

5VALUAT,

5ECOBEN,

5PRODEV,

5OPPRMA

A5.2 Interpret the legal framework informing

contemporary valuation, planning and property

management practice.

5VALUAT,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA

A5.3 Process and interpret data from various

sources.

5VALUAT,

5ECOBEN,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA


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Level 5 Relevant

modules

B – Intellectual skills B5.1 Identify and apply appropriate techniques and

methods to differing scenarios.

5VALUAT,

5ECOBEN,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA

B5.2 Select and apply appropriate techniques of

appraisal, analysis and research.

5VALUAT,

5ECOBEN,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA

B5.3 Apply a range of methods to solve problems. 5VALUAT,

5ECOBEN,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA


skills

C5.1 Produce professional-standard reports for

various purposes.

5VALUAT,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA

C5.2 Recognise and comment on the ethical

dilemmas associated with the modules.

5VALUAT,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA

C5.3 Discuss the importance of environmental, social

and governance criteria to professional practice

5ECOBEN,

5PROLAW,

5PRODEV,

5OPPRMA

D – Key /

Transferable skills

D5.1 Communicate and collaborate effectively using

a range of media.

5VALUAT,

5ECOBEN,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA

D5.2 Work independently and manage time

efficiently.

5VALUAT,

5ECOBEN,

5PLPRPO,


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Level 5 Relevant

modules

5PROLAW,

5PRODEV,

5OPPRMA

D5.3 Identify and solve problems and make

decisions through reflective thinking and

analysis.

5VALUAT,

5ECOBEN,

5PLPRPO,

5PROLAW,

5PRODEV,

5OPPRMA

D5.4 Identify where and how sustainable principles

can be adopted thereby considering wider

sustainable opportunities and constraints.

5PLPRPO,

5PRODEV,

5ECOBEN,

5TARPMA,

5VALUAT

Level 6 Relevant

modules

A – Knowledge and

understanding

A6.1 Awareness and systematic understanding of

issues and the wider business environment

including the political, economic, legal, social,

technological, cultural, ethical, health and

safety, sustainability and global influences

within which real estate consultancies and their

clients operate.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1

A6.2 Critically evaluate the theories and techniques

utilised in the valuation, development and

management of real estate.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV

A6.3 Critically evaluate research methods and

demonstrate synthesis of a range of data in a

research investigation.

6REEINV,

6PROJT1

A6.4 Demonstrate a critical appreciation of the

uncertainties, ambiguities and limits of

knowledge and practice in the field of real

estate management.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1


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Level 6 Relevant

modules

B – Intellectual skills B6.1 Critically analyse and transfer appropriate

knowledge and methods from one topic to

another within or between modules.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1

B6.2 Critical evaluation of existing techniques and

paradigms in professional context.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1

B6.3 Design and present an independent

investigation that demonstrates research and

synthesis of data and effective communication

of results.

6PROJT1


skills

C6.1 Acquire, analyse and critically evaluate data

and judge its relevance and validity to a range

of real estate situations.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1

C6.2 Critically assess the validity and rigour of a

range of published research and assess its

relevance to further research.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1

C6.3 Select and apply technology and decision

analysis tools to solve complex problems.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1

D – Key /

Transferable skills

D6.1 Collaborate effectively with others. 6REEINV

D6.2 Communicate effectively and professionally in

a range of mediums to both industry and

academic stakeholders

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,


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Level 6 Relevant

modules

6PROJT1

D6.3 Demonstrate the ability to identify, use,

interrogate, interpret and critically evaluate a

range of sources of information.

6STPRMA,

6APPVAL,

6APPDEV,

6STAVAL,

6REEINV,

6PROJT1

D6.4 Demonstrate competence in applying learning

experience to practical real estate situations.

6STPRMA

6APPVAL

6APPDEV

6STAVAL

6REEINV

6PROJT1

D6.5 Have developed the attitudes and applied skills

to make informed decisions that reflect care,

concern and responsibility for themselves, for

others and the environment, now and in the

future.

6STPRMA

6REEINV

6APPDEV

6STAVAL

6APPVAL


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Programme Structure Code Module Level Credits Core

/Elective

*3PEOBLD People and Buildings 3 20 Core

*3LANBLD Land and Buildings 3 20 Core

*3MATMET Material, Methods and Buildings 3 20 Core

*3MARBLD Markets and Buildings 3 20 Core

4BLTENV Introduction to the Built Environment 4 20 Core

4LAWBEV Law for the Built Environment 4 20 Core

4REGFMK Introduction to Regulatory Frameworks 4 20 Core

4CONTEA Construction Technology for Real Estate 4 20 Core

4PRIVAL Principles of Valuation 4 20 Core

4OPDMAN Operational and Data Management 4 20 Core

5PLPRPO Planning Practice and Policy 5 20 Core

5ECOBEN Economics for the Built Environment 5 20 Core

5VALUAT Valuation – The Five Methods 5 20 Core

5PROLAW Property Law 5 20 Core

5PRODEV Property Development 5 20 Core

5OPPRMA Operational Property Management 5 20 Core

6STPRMA Strategic Property Management 6 20 Core

6APPVAL Applied Valuation 6 20 Core

6APPRDE Applied Property Development 6 20 Elective

6STAVAL Statutory Valuations 6 20 Elective

6REEINV Investment Appraisal and Portfolio

Management

6 20 Core

6PROJT1 Project 6 40 Core

Notes

*In the Foundation Year each module is thematic and standalone; there is no progression

between modules and no pre-requisites are necessary. All modules involve the

development of a range of study skills. All four foundation modules must be passed before

progressing to level 4.


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Delivery Structure

Autumn Entry

Foundation Year, Semester 1

Module Block Level

People and Buildings A 3

Land and Buildings B 3


Module Block Level

Materials, Methods and Buildings A 3

Markets and Buildings B 3

Year 1, Semester 1

Module Block Level

Introduction to the Built Environment A 4

Law for the Built Environment B 4

Year 1, Semester 2

Module Block Level

Introduction to Regulatory Frameworks A 4

Construction Technology for Real Estate B 4

Year 2, Semester 1

Module Block Level

Principles of Valuation A 4

Operational and Data Management B 4

Year 2, Semester 2

Module Block Level

Planning Practice and Policy A 5

Economics for the Built Environment B 5


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Year 3, Semester 1

Module Block Level

Valuation: The Five Methods A 5

Property Law B 5

Year 3, Semester 2

Module Block Level

Property Development A 5

Operational Property Management B 5

Year 4, Semester 1

Module Block Level

Strategic Property Management A 6

Applied Valuation B 6

Project A & B 6

Year 4, Semester 2

Module Block Level

Statutory Valuation, or

Applied Property Development

A 6

Investment Appraisal and Portfolio

Management

B 6

Project A & B 6

Delivery Structure

Spring Entry


Module Block Level

People and Buildings A 3

Land and Buildings B 3


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Module Block Level

Materials, Methods and Buildings A 3

Markets and Buildings B 3

Year 1, Semester 1

Module Block Level

Introduction to Regulatory Frameworks A 4

Construction Technology for Real Estate B 4

Year 1, Semester 2

Module Block Level

Introduction to the Built Environment A 4

Law for the Built Environment B 4

Year 2, Semester 1

Module Block Level

Planning Practice and Policy A 4

Economics for the Built Environment B 4

Year 2, Semester 2

Module Block Level

Principals of Valuation A 5

Operational and Data Management B 5

Year 3, Semester 1

Module Block Level

Property Development A 5

Operational Property Management B 5


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Year 3, Semester 2

Module Block Level

Valuation: The Five Methods A 5

Property Law B 5

Year 4, Semester 1

Module Block Level

Statutory Valuation, or


A 6

Investment Appraisal and Portfolio

Management

B 6

Project A & B 6

Year 4, Semester 2

Module Block Level

Strategic Property Management A 6

Applied Valuation B 6

Project A & B 6


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Module Summaries

Core Modules

People and Buildings

This module aims to examine the relationships between buildings and the people who

create, own and use them. It considers how the external and internal design of buildings

fits their purpose and performs different functions for different stakeholder groups. It aims

to stress the importance of sustainability in the design and use of buildings.

Throughout this module, the core skills needed to succeed when studying in Higher

Education are developed to support progression onto a bachelor’s programme accredited

by Professional, Statutory and Regulatory Body(ies) (PSRBs). These skills include:

Classification and presentation of data; online research; reading and listening

comprehension; writing descriptions and summaries; creating a presentation, measuring,

drawing and calculating quantities.

Land and Buildings

This module aims to consider and examine the land on which buildings are constructed. It

considers the different types of land, landscape and land use, the demand for, and supply

of land. It considers the different types of communities which establish themselves on

land. It also stresses the importance of sustainability in the way in which land is developed

and used.




Collecting data from multiple sources, understanding maps, reading and listening

comprehension, writing descriptions and summaries, using simple statistical methods,

drawing graphs and charts, performing calculations on building density and size.

Materials, Methods and Buildings

This module aims to explore the materials and methods used when creating buildings and

the issues concerning these materials and methods. It considers the costs and benefits of

creating and improving buildings. It also stresses the sustainable sourcing and use of

building materials.




Classification and presentation of data which may include, online research, reading and

listening comprehension, writing descriptions, summaries and business communications,

creating a presentation, calculating areas and volumes and comparing costs and benefits.


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Markets for Buildings

This module aims to investigate the markets in which residential and commercial buildings

are bought and sold, leased and rented. It considers the responsibilities of owning and

managing buildings and briefly outlines how buildings are valued for investment purposes.

It stresses economic and social sustainability in housing markets.




Explaining cause and effect relationships which may include, collecting data from multiple

sources, performing calculations on data and drawing graphical representations, planning

and writing a formal report and performing interest rate calculations.

Introduction to the Built Environment

This module covers the core skills needed to succeed when studying in Higher Education,

and when progressing toward accreditation with Professional Statutory and Regulatory

Bodies (PSRBs).

This module provides an introduction to the different roles involved in surveying, real

estate and architectural technology professions. The main emphasis of the learning

focuses on the student’s ability to communicate information in clear and concise terms.

Law for the Built Environment

This module enables the student to develop a basic understanding of aspects of the law in

as much as they relate to the property and construction sectors in England and Wales as

well as in Scotland. This will include an understanding of terminology used and the

relevant principles of tort (delict in Scotland) and contract law. This module provides the

underpinning legal knowledge for further legal studies later in the programme.

Introduction to Regulatory Frameworks

This module provides an introduction to the fundamental legislative and regulatory

frameworks under the law in England and Wales, as it affects people working in the fields

of surveying, construction management, real estate and architectural design technology. It

will focus on the planning process, building controls, codes of practice, professional

standards and management of health and safety.

Construction Technology for Real Estate

This module is designed specifically for Real Estate students to gain an understanding of

the basic construction of generic building types and enable students to be able to

understand these building types in the context of other modules and in their professional

work.


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Principles of Valuation

This module sets property valuation in the broad economic and financial context and

examines the purpose of property valuations. It considers the stakeholders in the valuation

process and regulatory, ethical and sustainability issues. It also provides an overview of

the main valuation methodologies for valuing freehold and leasehold interests.

Operational and Data Management

This module explores the question of “what is management?” and seeks to distinguish it

from leadership. It explains the role and function of management within organisations in

the construction and the built environment. It also considers the external environment and

the role of change as a central theme, as organisations seek to come to terms with issues

that are constantly impacting – both positively and negatively – on the people,

management and structures of organisations. The module also considers the wealth of

information available within the business environment, how to determine the relevance of

such data, and to apply it to the built environment in order to assist in strategy-formation

and decision-making.

Planning Practice and Policy

This module introduces the planning system. It aims to develop students’ understanding of

legislation, policy, issues and sustainable solutions both within a UK context and by

including a wider international perspective. Planning has never been so prominent in the

national debate, and it generates controversy either on a large scale – such as with

infrastructure projects – or on a smaller scale, such as where there is often local

disagreement.

The module comprises the role and purpose of planning, and how it is organised, why

policy is required and at what level it is best developed. It also looks at a range of the main

policies and their issues, within a sustainability context, and the main responses to the

contemporary planning issues with a critical analysis of them.

Economics for the Built Environment

This module investigates a range of ideas and techniques relating to the practice of

property economics. This will include both micro- and macro-economics. In its simplest

form, micro-economics is concerned with choice and decision making by the individual

and the firm in the marketplace, and the operation of markets. Whereas, macro-

economics is the study of the economy, whether that be nationally or internationally.

The overarching intention of the module is to introduce a range of vast economics ideas,

and then to explore how they help make sense of the central place of the property,

construction, estate management and other sectors within the national and global

economy.


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Valuation – The Five Methods

This module examines the traditional property valuation methods: comparative,

investment, residual, profits and cost-based. There is also an introduction to modern

methods of valuation. The module is primarily based on calculation and analysis and aims

to develop the skills required to undertake valuations of the most common property types,

namely residential, offices, retail and industrial. It aims to develop a sound understanding

of the methods and their application and, together with the valuation context, underpins

Applied Valuations studied at level 6.

Property Law

This module provides an introduction to the system of land law in England and Wales. It

gives students grounding on the basic principles of ownership of land (freehold and

leasehold), including acquisition and protection of third-party rights. It also provides an

understanding of the common law, the statutory rules governing the landlord and tenant

relationship, and aims to develop an analytical approach to legal problem-solving.

Property Development

This module examines the process of developing land and the regulatory factors that

determine and guide what can be developed. These factors are then reflected in the

valuation of the development land through the preliminary assessment method – the

residual appraisal. Site layout, scheme design and unit specification are considered

through the broader sustainability lens. The specific issues of contamination and

remediation, heritage conservation, and refurbishment and conversion are also

addressed.

Operational Property Management

This module covers the importance of operational property management in the

commercial, retail and residential sectors. There is an investigation of the key property

management principles, the interpretation of clients' goals within a property management

strategy and the optimisation of the performance of a property portfolio. The module will

explain how to apply appropriate legislation and ethical responsibilities in a property

manager's role.

Strategic Property Management

This module critically explores the importance of strategic property management to

various stakeholders and to property portfolios of all sizes in commercial, residential and

retail sectors. The module examines key issues such as the strategic use of property,

property performance evaluation, positive tenant management and life cycle planning and

evaluates how these issues inform the development of strategic advice.


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Applied Valuation

This module covers the application of valuation principles to more complex situations and

introduces more sophisticated valuation concepts including discounted cash flow

techniques and specialist valuation processes. It develops students’ understanding of both

theoretical and practical limitations in valuing property and its environments and how

these affect value. It also considers the application of professional regulations in valuation

work and issues of professional negligence and valuation accuracy.

Statutory Valuations

The aim of this module is to equip the student with the knowledge and skills to carry out

valuations for statutory purposes, specifically for compulsory purchase, planning

compensation and rating. The module demonstrates how valuation principles and practice

are applied to the artificial statutory context, and further underlines the importance of

relevant case law to assessments, and the principles that underpin these disciplines.

Students’ understanding and skills within these disciplines are enhanced in order to

provide appropriate and reflective advice and valuations to (non-specialist) clients.


This module examines further aspects of the property development process. The

importance of client briefing to a scheme’s regulatory progress is emphasized along with a

critical consideration of negotiated planning agreements. The appraisal of development

opportunities is considered through the period-by-period cash flow and discounted cash

flow approaches. The risks within the development appraisal process are assessed

through the use of sensitivity analysis and other methods, and the ways in which the

whole process can be funded is assessed.

Investment Appraisal and Portfolio Management

This module aims to develop the student’s ability to understand and analyse investments.

It will allow them to recognise property as an investment asset within the overall spectrum

of other investment categories.

Principles of investment, risk, investment appraisal and portfolio management will be

considered in this module to ensure the development of practical skills that enable

informed investment decisions for clients.

Project

This module requires students to develop their research skills whilst providing them with a

vehicle to conduct a self-directed investigation and research that reflects their studies in

the relevant Programme. The topics selected are expected to reflect the issues that

concern the built environment and /or the businesses and organisations that operate

within it.


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Learning, Teaching and Assessment Study support: Induction Module:

All students are expected to complete the non-credit bearing Induction Module before the

programme commences.

The purpose of the Induction Module is to:

• begin to prepare the student for studying with UCEM;

• enable UCEM to identify further ways in which the Institution may be able to

facilitate and support the student as they progress through their learning journey.

There are a variety of resources which will help the student to get started. These include

tutorials regarding how to use the VLE (Virtual Learning Environment), the VitalSource

Bookshelf, the UCEM e-Library and information regarding how to join a webinar. All of this

information is key to having a successful start to supported online learning with UCEM.

There is a non-compulsory, ‘Writing in Your Own Words’ e-learning resource and

associated quiz. This resource aims to provide the student with relevant examples of

referencing, and a clear understanding of what plagiarism is and how to avoid it.

Additionally, the ‘Readiness for Learning’ questionnaire, prompts the student to consider

the practicalities surrounding their studies. This element of the Induction Module is non-

compulsory but designed to provide feedback to the Institution in order to identify further

ways in which UCEM may be able to facilitate and support the student as they progress.

Further information relating to study skills support is also included.

Student learning support:

The programme is delivered via UCEM’s Virtual Learning Environment (VLE) and

academic teaching and support is provided online giving student’s access to UCEM tutors

and other students worldwide.

UCEM’s ‘Student Central’ will act as the main point of contact for students throughout the

duration of their programme. In addition, the programme has a dedicated programme

administrator.

The academic team will guide and support students’ learning. Furthermore, all students

who do not engage with initial assessment or the VLE will receive additional support from

the Programme team. Other UCEM administrative teams provide support for assessments

and technical issues including ICT. Each student, wherever their location, will have access

to a wealth of library and online materials to support their studies. International students

will be supported through international case studies and guest speakers from the region

will be invited to UCEM’s webinar delivery.

Special Needs support is provided via a dedicated Disability and Wellbeing team at

UCEM. The Learning and Teaching Enhancement Team work with departments to

promote student retention, achievement and success. This work is achieved through a

multi-faceted approach, which consists of:


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Student learning support:

• identifying students who are at risk of deferring, suspending and/or with-drawing at

specific points in the academic calendar;

• working with academics to identify ways in which student success can be further

facilitated;

• supporting both students and academic staff through timely interventions which

may include creating support materials and providing academic study skills support

through academic skills surgeries.

Relevant research is also carried out to inform proactive interventions, and to develop

policy and practice.

English language support:

English is the common language for all UCEM programmes. It is appreciated that some

students will need additional support. For those students whose first language is not

English, or those students who wish to develop their English Language skills, additional

support is provided through online resources on the VLE in the resource ‘Developing

Academic Writing’. The resource includes topics such as sentence structure, writing

essays and guidance aimed at developing students’ study skills.

Personal and professional development:

The programme will allow students to develop both personally and professionally. The

Foundation Year will enable them to enhance their academic skills and to ensure that

these are of a sufficient standard to be able to study a BSc (Hons) programme online. At

the same time, it will give them a broad knowledge and understanding of the built

environment topics that they will be studying at degree level later. Those working in the

built environment will be able to make links between these topics and the work done by

their employer; those not working in the built environment will benefit from good insight

into the work they hope to be doing subsequently.

The programme will also help students develop professional skills e.g. time management,

working to deadlines and prioritisation of tasks; being up-to-date in their knowledge and

aware of issues arising in the external environment; and an ability to make connections

between concepts and people. Mature students may have accumulated significant

competency with these skills already but will be assisted to develop them further.

Students are undertaking vocational programmes that are intrinsically linked to the

accrediting professional bodies. Students are encouraged and supported to understand

the need for the recognition of these bodies and guided as to how to meet the professional

membership requirements. More generally, UCEM has a dedicated careers advisor to

ensure students have appropriate access to careers education, information, advice and

guidance.


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Programme specific support:

Each programme has a Programme Leader, Module Leaders and Module Tutors to

support the students throughout their time with the Programme. The UCEM staff are

accessible during normal UK working hours, during which they also monitor the 24/7

forums asynchronously and provide encouragement, assistance and necessary tutor and

student feedback services. Access to the UCEM e-Library is on a 24/7 basis and UCEM

has a full-time librarian during normal UK working hours.

Additional and specific support will be available for students taking the Foundation Year

modules. Module leaders and module tutors will be in regular contact with the students via

the online forums and webinars and will expect no previous knowledge or experience of

the subject-matter. The approach and advice will take into account the lower level of study

(Level 3) and there will be regular formative feedback on the students’ tasks as well as

support throughout on the development of the necessary academic skills.

Learning & Teaching Strategy

Knowledge and understanding

The teaching, learning and assessment strategy for the programme is guided by the UCEM-

wide Learning, Teaching and Assessment (LTA) Strategy. The approach adopted is learner-

centred, but supported and guided, as appropriate to supported online learning.

Students can acquire knowledge in the modules through online learning resources available

to them, including customised text material, core texts, web-based material and media for

communication. These are complemented by teaching sessions using various medias, for

enhancement of the learning experience.

Students are encouraged to research beyond the material provided, and undertake self-

directed learning throughout their programme, increasing this towards the final stage – such

as the Project module – with self-directed learning and problem-solving, combined with

Supervisor guidance.

The particular emphasis in the Foundation Year is the development and enhancement of

academic skills and capability. Therefore, the study material provides the underpinning

knowledge that supports the students’ engagement in the learning tasks. The students’

performance in these tasks will be given a formative grade and feedback by the tutors. This

means that students can identify the strengths and improve upon the weaknesses in their

ePortfolio before submission and thus enhance their academic performance overall.

Intellectual skills

Learning and teaching methods are applied to enable the development of cognitive skills.

These skills are aligned to those used by real estate professionals but also meet the needs

of those working in other industries. These skills are developed through interaction with

multi-media learning resources, self-directed learning and via participation in student-centred

learning activities. The approach to assessment is tutor-guided and, formative feedback on

these skills is given appropriate emphasis.


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Learning & Teaching Strategy

Subject practical skills

The subject themes of the programme introduce the theoretical foundations in the

Foundation Year to enable students to progress, then continue to introduce theoretical

foundations and techniques at level 4 and develop them in an increasingly applied and

specialised context through levels 5 and 6.

Examples of the subjects specific to real estate management include the Construction

Technology for Real Estate and Principles of Valuation at level 4, Planning Policy and

Practice Property Development and Operational Property Management at level 5 and

Applied Valuation, Statutory Valuation, Strategic Property Management and Investment

Appraisal and Portfolio Management at level 6.

Business economics and management are covered in Operational and Data Management

and Economics for the Built Environment at levels 4 and 5 respectively.

The Law for the Built Environment module in level 4 provides a general legal background to

contract law which is further developed at level 5 in the Property Law module and then

aspects of these modules are applied at level 6 in Strategic Property Management.

The subject of valuation is developed throughout the levels of the programme. Principles of

Valuation at level 4 provides the basic theoretical and mathematical foundations for the

subject. At level 5 the module Valuation, the Five Methods, covers the principal methods of

valuation in more detail then at level 6 specialist valuation approaches are developed in the

modules Applied Valuation, Applied Property Development, Statutory Valuations and

Investment Appraisal and Portfolio Management.

The theme of planning and development is advanced from level 4 Principles of Valuation

through to the level 5 modules Planning Policy and Practice and Property Development and

then extended in Applied Property Development at level 6.

Key/Transferable skills

The Induction Module sets out the importance of transferable skills. These skills are

developed through the programme, utilising study and assessment. This can be via virtual

learning environment (VLE) discussion, tuition discussion, problem-solving exercises –

which are conducted individually or in groups – and coursework, which provides the ideal

combination to internalise these aspects though different learning methods.


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Assessment Strategy

The aim of UCEM’s assessments is to allow students an opportunity to demonstrate what

they have learned using a range of formats and which encourage critical self-reflection

linked to personal development. To support this, assessments are clearly related to learning

outcomes and the activities within the module support students in achieving these.

UCEM’s practice is to require assessments to be vocationally and professionally

relevant. This involves the generation of a tasks based on problems, scenarios or case

studies from recent real-world situations that reflect and/or replicate the vocational

requirements of the industry and the international nature of the subject matter.

By studying one module at a time, students will be able to focus on each module’s

assessment individually, without the pressures of conflicting deadlines.

Students are also provided with formative assessment opportunities to provide constructive

feedback to motivate and guide them through their learning. Students are encouraged to

engage in group discussions and collaborative learning with their peers and tutors.

Foundation Year

The summative assessment methods in the Foundation Year modules comprise of:

an ePortfolio or;

an ePortfolio and a computer marked assessment

Levels 4 – 6

The summative assessment methods in Levels 4-6 modules comprise of:

a piece of coursework or;

a piece of coursework and a computer marked assessment

Coursework could include activities such as essays, reports, portfolios, reflections, problem

or short questions or presentations.

QAA Benchmark Mapping

See Appendix A.

Please note that the Foundation Year is integral to each BSc (Hons) programme and is

designed to provide contextual study and higher education skills required to enable

applicants who do not hold the required qualifications to progress to BSc (Hons) entry.

Accordingly, the Foundation Year supports the QAA subject benchmark statement for Land,

Construction, Real Estate and Surveying programmes at Level 4 and above but does not

map directly.

PSRB Benchmark Mapping

See Appendix B.

(Applicable to levels 4-6 only)

BSc (Hons) Real Estate Management with Foundation Year Programme Specification

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Appendix A: QAA Benchmark Mapping Table 1: Benchmark Standards - Subject-specific knowledge and understanding on graduating with an honours degree in Land,

Construction, Real Estate and Surveying

Threshold

Programmes broadly

concerned with real

estate

Graduates will be able to: Demonstrated in:

i. Demonstrate an appreciation of the survey,

measurement and technical analysis supporting

real estate assets

4BLTENV Introduction to the Built Environment

which introduces students to professional bodies and

their purposes, 4REGFMK Introduction to

Regulatory Framework requires students to

understand the legislation and regulations upon which

the building controls, planning and health and safety

are based. 4PRIVAL Principles of Valuation

considers the method of physical measurement of real

estate against IPMS, analysis of retail units and the

mathematical platform for valuing various real estate

interests.

5VALUAT Valuation: The Five Methods extends and

applies the valuation approaches considered in

4PRIVAL Principles of Valuation, 5OPPRMA

Operational Property Management applies the

principles of measurement of buildings in the context of

service charge, 5PRODEV Property Development

applies the appreciation of the freehold valuations in

residual and DCF calculations.

6APPVAL Applied Valuation, 6REEINV Investment

Appraisal and Portfolio Management, 6STATVAL

Statutory Valuations and 6STPRMA Strategic

Property Management all apply the measurement and


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technical analysis in detailed applications

ii. Understand how the performance of real estate

affects the ownership, use and occupation of

property as assets

The following modules provide this understanding -

4BLTENV Introduction to the Built Environment,

4REGFMK Introduction to Regulatory Framework,

4PRIVAL Principles of Valuation,

5PROLAW Property Law, 5VALUAT Valuation: The

Five Methods, 5OPPRMA Operational Property

Management,5PRODEV Property Development

6APPVAL Applied Valuation, 6REEINV Investment

Appraisal and Portfolio Management, 6STATVAL

Statutory Valuations, 6STPRMA Strategic Property

Management

iii. Demonstrate knowledge of the drivers of value

of real estate and the valuation methods and

techniques of analysis supporting this

The drivers are discussed and applied in modules

throughout all Levels of the programme. They are

specifically included in 4BLTENV Introduction to the

Built Environment, 4PRIVAL Principles of

Valuation, 5VALUAT Valuation: The Five Methods,

5OPPRMA Operational Property Management,

5PRODEV Property Development, 6APPVAL

Applied Valuation, 6REEINV Investment Appraisal

and Portfolio Management, 6STATVAL Statutory

Valuations and 6STPRMA Strategic Property

Management

iv. Demonstrate a fundamental knowledge of the

legal systems governing the ownership and

occupation of land and the relationships

between different stakeholders in land

4LAWBEV Law for the Built Environment introduces

students to the law of contract and tort. It focuses on

the English legal system, how it is/should be

discharged, consequences and the importance of law

of tort to real estate practitioners. It also considers how

a valid contract is formed and how it can be breached.


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5PROLAW Property Law considers in detail the

various interests in land and landlord and tenant

legislation in the commercial and residential sectors.

5VALUAT Valuation: The Five Methods, 5OPPRMA

Operational Property Management, 5PRODEV

Property Development, 6APPVAL Applied

Valuations and 6STATVAL Statutory Valuations

applies the legal principles in context

v. Demonstrate a basic knowledge of the main

construction methods and of common defects

affecting domestic and commercial buildings

4CONTEA Construction for Real Estate examines

the component elements of basic domestic building

and low rise framed structures and highlights common

defects

vi. Demonstrate an awareness of the contribution

urban planning and property development make

to real estate and the statutory instruments

regulating the property market

5PROLAW Property Law, 5VALUAT Valuation: The

Five Methods, 5PLPRPO Planning Practice and

Policy, 5PRODEV Property Development, 6APPDEV

Applied Development and 6STATVAL Statutory

Valuations examine the implications of the various

regulatory frameworks and guidelines that shape

property development activity

vii. Demonstrate an awareness of the investment

appraisal techniques available to calculate the

rates of return that real estate commands as a

class of assets within capital markets

These techniques are introduced, applied and critiqued

in 4OPDMAN Operational and Data Management,

4PRIVAL Principles of Valuation, 5VALUAT

Valuation: The Five Methods, 5ECOBEN Economics

for the Built Environment, 5VALUAT Valuation: The

Five Methods and 6REEINV Investment Appraisal

and Portfolio Management

Benchmark Standards

- Subject-specific

knowledge (cont)

viii. Demonstrate awareness of the impact real estate

has on both the environment and social structures

(including health and well-being)

Awareness is developed through various modules

including 4REDFMK Introduction to Regulatory

Framework, 4LAWBEV Law for the Built


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Environment, 5PLPRPO Planning Practice and

Policy, 5PRODEV Property Development,

5OPPRMA Operational Property Management,

6STPRMA Strategic Property Management and

6APPDEV Applied Development

ix. Demonstrate awareness of the contribution that

other professional experts make to sustain the

development of real estate in a global and local

context and mitigate the impact that it has on

the environment

The role and responsibilities of professional experts

are considered in 4REDFMK Introduction to

Regulatory Framework, 4LAWBEV Law for the

Built Environment, 4PRIVAL Principles of

Valuation, 5PLPRPO Planning Practice and Policy,

5PRODEV Property Development, 6APPDEV

Applied Development and 6REEINV Investment

Appraisal and Portfolio Management

x. Demonstrate an awareness of the professional

and ethical responsibilities that real estate experts

have to clients and in terms of the social

corporate responsibility statements made by their

employer organisations and to society

Professional and business ethics is introduced in

4REDFMK Introduction to Regulatory Framework,


and , 4LAWBEV Law for the Built Environment,

4PRIVAL Principles of Valuation and promulgated in

5PLPRPO Planning Practice and Policy, 5PRODEV

Property Development, 5OPPRMA Operational

Property Management, 6STPRMA Strategic

Property Management, 6REEINV Investment

Appraisal and Portfolio Management, 6STAVAL


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xi. Demonstrate an understanding of the principles

and processes that deliver an inclusive

environment recognising the diversity of user

needs by putting people (of all ages and abilities)

at the heart of the real estate process

Inclusivity underlies many of the modules and is

discussed in 4REDFMK Introduction to Regulatory

Frameworks and is considered in relation to domestic

and framed buildings in 4CONTEA Construction for

Real Estate. It is elaborated on in 5PRODEV

Property Development, 5OPPRMA Operational

Property Management, 6STPRMA Strategic

Property Management and 6APPDEV Applied

Development

xii. Demonstrate awareness of how to manage real

estate as property assets This is developed and assessed in 4REDFMK

Introduction to Regulatory Framework, 4BLTENV

Introduction to the Built Environment, 4LAWBEV

Law for the Built Environment, 5PROLAW Property

Law, 5OPPRMA Operational Property

Management, 6STPRMA Strategic Property

Management and 6REEINV Investment Appraisal


xiii. Be aware of the professional and ethical

frameworks associated with the development,

financing, investment in and use of buildings and

facilities.

Awareness is developed and reinforced through all

level of the programme. Specific modules include

4BLTENV Introduction to the Built Environment,

4REDFMK Introduction to Regulatory Frameworks,


Valuation: The Five Methods, 5OPPRMA

Operational Property Management, 5PRODEV

Property Development, 6APPVAL Applied

Valuation, 6REEINV Investment Appraisal and

Portfolio Management, 6STATVAL Statutory

Valuations and 6STPRMA Strategic Property

Management


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Table 2: Benchmark standards - Generic skills: on graduating with an honours degree in Land, Construction, Real Estate and

Surveying, graduates should be able to:

Threshold

6.6.8

Intellectual skills i. Apply knowledge from taught programmes to

solve problems. Although most modules require this skill, it is mainly at

level 5 and 6 where problem-based activities are

incorporated. Level 4 modules set the foundation for

higher level modules, from which students can build on

at higher level. Example of modules are 5VALUAT

Valuation: The Five Methods, 5PRODEV Property

Development, 6APPVAL Applied Valuation, 6REEINV

Investment Appraisal and Portfolio Management,

6STATVAL Statutory Valuations and Project

ii. Demonstrate some understanding of subject-

specific theories, paradigms, concepts and

principles.

4CONTEA Construction for Real Estate is

fundamental for understanding how a building is

constructed, which is essential for the reading and

interpretation of drawings.

4PRIVAL Principles of Valuation provides students

with key principles for measuring buildings, analyzing

and assessing rental and transaction evidence.

4LAWBEV Law for the Built Environment provides the

legal framework within which professional practice is

informed and regulated.

iii. Demonstrate an ability to define and solve

routine problems.

Students are required to define and solve routine

problems in the assessment of the modules for this

programme. for example, in the four valuation modules

(4PRIVAL Principles of Valuation, 5VALUAT

Valuation: The Five Methods, 6APPVAL Applied

Valuation, and 6STATVAL Statutory Valuations, the

two development modules 5PRODEV Property


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Development and 6APPDEV Applied Development

and 6REEINV Investment Appraisal and Portfolio

Management.

iv. Collate, summarise and analyse information. Students begin to collate and analyse information in


where they learn to draw and sketch. Rental, transaction

and building cost data are utilized in 4PRIVAL

Principles of Valuation, 5VALUAT Valuation: The

Five Methods, 6APPVAL Applied Valuation,

6STATVAL Statutory Valuations, 5OPPRMA

Operational Property Management, 6STPRMA

Strategic Property Management and 6REEINV

Investment Appraisal and Portfolio Management.

6.6.8

Intellectual skills

(cont)

v. Integrate lines of evidence from a limited range

of sources to support findings and hypotheses.

Most of the assessments set for this programme require

students to find lines of evidence from sources other

than the course materials and to integrate this evidence

into their analysis and interpretation of a particular

subject area. This ranges from the legal modules, such

as 4LAWBEV Law for the Built Environment,

4CONTEA Construction for Real Estate through to

6STAVAL Statutory Valuations, where students are

required to research topics and provide evidence to

support their arguments using practical examples and

academic and industry literature. This skill is further

developed through the Project module, 6PROJT1.

vi. Demonstrate some ability to consider issues

from a range of multidisciplinary and

interdisciplinary perspectives.

Real Estate Management generally requires the study of

a number of different subject areas such as law,

planning, valuation, economics and construction

technology. Accordingly, students need to understand

the extent of a REM graduate’s skill set and where they


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require the expertise of another. 5PLPRPO Planning

Practice and Policy, 5PRODEV Property

Development and 6APPRDE Applied Development

emphasize the roles of different stakeholders involved in

a development scheme, whether new-build,

refurbishment or based in heritage buildings.

vii. Appraise academic literature and extract

relevant points.

Students are introduced to wider research beyond the

course materials and shown how to reference this

correctly in 4BLTENV Introduction to the Built

Environment but are encouraged to undertake research

in all of the modules, with increasing significance through

each of the levels. Certain publications will be referred to

in teaching materials for students to find, analyse and

extract relevant points and UCEM provide students with

access to a wide range of literature through the e-library.

The weighting given to this skill in coursework marking

increases at student progress from Level 4 to Level 6.

6.6.9

Practical skills i. Plan, conduct and present an independent

investigation with significant guidance.

Most activities and assessments are designed with a key

requirement of students carrying out independent research

or investigations. This and other skills such as finding

appropriate methods of solving problems are included in the

design of most modules.

For example, in 6REEINV Investment Appraisal and

Portfolio Management students are required to consider

the potential for investment based on a location of their

choice. It is anticipated that local yield and rental data will be

ii. Relate investigations to some prior work and reference it appropriate.

iii. Where appropriate use laboratory and field

equipment safely.

iv. Apply a range of methods to solve problems.

v. Use appropriate technologies to address problems.

vi. Where appropriate, describe and record in the


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field and laboratory. obtained, analysed and applied prior to detailed

recommendations for acquisition being drafted.

6PROJT1Project enables students to synthesize these

issues into an independent, extended study of their choice.

vii. Interpret practical results with guidance.

viii. Present results of investigations in a number of formats.

ix. Apply survey measurements and evaluation

techniques as appropriate to the programme.

6.6.9

Practical skills (cont)

x. Recognise and record visual information when

on site or from graphical sources.

xi. Apply professional judgement in drawing skills

and knowledge together and applying them to

real world problems.

6.6.10

Analytical and data

interpretation skills

i. Recognise when information is incomplete. The valuation modules (4PRIVAL Principles of


6APPVAL Applied Valuation and 6STATVAL

Statutory Valuations) are structured to enable students

to appreciate the whole valuation process and to enable

them to address this should information be missing or

incomplete.

ii. Appreciate risk. The valuation modules 4PRIVAL Principles of


6APPVAL Applied Valuation and 6STATVAL

Statutory Valuations, 5PRODEV Property

Development, 6APPDEV Applied Development

examine the various sources of risks. 6REEINV



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considers the risks associated with investment.

iii. Process and interpret data and information. This is assessed in 4PRIVAL Principles of Valuation,

5VALUAT Valuation: The Five Methods, 5PRODEV

Property Development, 6APPVAL Applied Valuation,

5OPPRMA Operational Property Management

6APPRDE Applied Property Development, 6STPRMA

Strategic Property Management and 6STAVAL


iv. Critically appraise spatial data. Students are introduced to the concept of topography,

orientation, micro-climate in the 4CONTEA

Construction for Real Estate, geographical

characteristics of a site are considered in 5PRODEV

Property Development.

v. Solve basic numerical problems using

appropriate techniques.

This begins in Level 4 modules and becomes an integral

part to the applied modules in Levels 5 and 6. For

example, 4CONTEA Construction for Real Estate

requires students to understand basic loading

calculations to enable adequate foundation design and

how to calculate size and spans of floor joists. Elsewhere

numeracy is critical for the valuation, development,

property management and investment modules.

vi. Undertake simple statistical analysis. Elements of statistical analysis are initially considered in

4OPDMAN Operational and Data Management and

further applied in 6REEINV Investment Appraisal


vii. Select and apply appropriate methods of

collecting, analysing, and synthesizing data

In 6PROJT1 Project students take a compulsory final

year of study which enables them to develop specific

research skills and techniques, so that they can


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appreciate the importance of intellectual

property and its role within the innovation

process.

interrogate issues and situations and resolve problems

related to their area of interest. The module gives

students an opportunity to apply their skills and

knowledge to the resolution of an industry-based

problem during a prolonged period of independent study,

supported by a dedicated tutor.

6.6.11 Communication skills

i. Communicate to a variety of audiences in

appropriate written, graphical, electronic and

verbal forms.

Students are introduced to methods of communication in

4BLTENV Introduction to the Built Environment in

which they have to complete an academic essay and a

professional report and to appreciate the differences

between report types. The module provides a solid

platform for the application of approaches in other

modules in the other levels of the programme.

ii. Make contributions to group discussions. Every module has the facility for group discussions through VLE forums and webinars. Students can communicate in webinars via the microphone facility or typing in the text box.

iii. Watch, listen and respond to others.

iv. Negotiate and mediate with others.

v. Use social media for communication.

6.6.12

Digital literacy skills i. Use the internet for communication and

information retrieval.

As an on-line learning University, students are required to retrieve all of the information required for their studies from the UCEM VLE (virtual learning environment) and use the e-library and Vitalsource for reading materials, as well as other databases to which UCEM subscribe. Students are expected to carry out independent research in preparing coursework and are taught the value of using reputable on-line sources for this research.

ii. Handle electronic information with guidance,

applying appropriate techniques, digital tools

Various modules including all valuation modules -



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and applications to support key subjects. Valuation: The Five Methods, 6APPVAL Applied

Valuation and 6STATVAL Statutory Valuations –

address these applications and the issues rising from the

use of electronic information. iii. Have an awareness of the safe, ethical and

legal use of digital media.

iv. demonstrate the application of information

technology and digital tools and techniques to

support key subjects.

6.6.13

Interpersonal and

teamwork skills

i. Make a constructive contribution to teamwork. All modules are designed to incorporate discussion forums, where students are expected to comment on specific questions or scenarios relevant to the activities for the week. Students share their experiences and opinions and encouraged to take part in healthy debate as part of a community of learners and within their allocated tutor groups.

ii. Identify individual goals. In 4BLTENV Introduction to the Built Environment students produce a professional development plan, including a SWOT analysis and they are required to reflect on this and produce two pieces of reflective writing.

iii. Recognise and respect the views of others. Students interact with each other in forums and webinars in all modules and are expected to respect the views of others and challenge these if appropriate.

iv. Recognise equality, diversity and inclusion in

all its forms.

UCEM’s Academic and General Regulations for

Students states that ‘students are expected to conform

to reasonable standards of behaviour, honesty and

integrity and may be subject to disciplinary action by

UCEM where they fail to do so, including where such


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failure threatens the safety of, or otherwise disturbs,

fellow students and/or staff, damages UCEM property or

brings the name of UCEM into disrepute’.

The document also states ‘UCEM is committed to

equality of opportunity and respect for diversity in all

aspects of its operations. In accordance with its Code of

Practice on Equality and Diversity, UCEM acknowledges

the rights of those with whom it interacts to be treated

fairly and with respect and dignity and to receive

encouragement to reach their full potential. UCEM

expects all staff and students and other stakeholders to

recognise these rights and act accordingly’.

Students receive a copy of these Regulations upon

registration. These principles are practiced throughout

the College and reflected in the behaviour of tutors when

in contact with students.

v. Reflect on team performance. In 4BLTENV Introduction to the Built Environment,

students are introduced to not only personal reflection as

a useful addition to professional activities and to

enhance their learning experience, but also as part of

their engaging with activities associated with working

other students within their tutor group.

6.6.14

Self- management and

professional

development Skills

i. Recognise and be able to comment on the

moral and ethical issues associated with the

subject.

Students study ethics and professional standards in

4REGFMK Introduction to Regulatory Frameworks

and extended in application in the valuation,

development and management modules in Levels 5 and

6.

ii. Appreciate the need for professional codes of

conduct.

Students are introduced to RICS Codes of Conduct in

4REGFMK Introduction to Regulatory Frameworks

and extended in application in the valuation,


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development and management modules in Levels 5 and

6.

iii. Accept responsibility for their own learning. Students are responsible for their own learning due in

the main to the nature of the delivery of UCEM courses

which are on-line distance learning. They are provided

with support and guidance to enable them to achieve

this, particularly in the early stages of their studies.

iv. Identify targets for personal, career and

academic development.

In 4BLTENV Introduction to the Built Environment

students produce a professional development plan and

produce two pieces of reflective writing. They are

required to assess their own progress and create an

individual learning plan. They are introduced to personal

reflection as a useful addition to professional activities

and to enhance their development as well as a tool for

lifelong learning.

v. Be adaptable and have a flexible approach to

study and work.

Students are responsible for their own learning due in

the main to the nature of the delivery of UCEM courses

which are on-line distance learning. The VLE helps them

with this and they have structured learning for each week

of the module they are studying to help them manage

their learning. Teaching and learning is also via a

number of mediums such as podcasts, reading, videos

and synchronous webinars which are recorded for

students to watch if they cannot attend the live session.

vi. Develop skills necessary for self-managed,

independent and lifelong learning.


provides students with the fundamental tools and access

to resources needed for their period of study at UCEM

and as a basis for lifelong learning in whatever subject

arises. They produce a portfolio of work that


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demonstrates their skills and personal development

towards a first degree in the built environment.

vii. Recognise personal strengths and

weaknesses.


students produce a professional development plan which

includes a SWOT analysis (Strengths, Weaknesses,

Opportunities, Threats) which is personal to them and is

something which can be reviewed throughout their

studies.


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Appendix B: PSRB Mapping

RICS Mapping

Based on the learning outcomes of course modules, please explain how each area of knowledge for each of the competencies is covered by the

course. Please include (if possible) an estimate of the percentage of the module that covers the area of knowledge.

Mapping is to the Commercial Real Estate – RICS APC Pathway Guide September 2017

Mandatory competencies

Competency Knowledge How are these areas of knowledge covered by the course?

Ethics, Rules of

Conduct and

Professional

Practice

The role and significance of RICS and its

functions.

4BLTENV Introduction to the Built Environment introduces students

to the RICS and other professional bodies.

An appreciation of your personal professional

role

4BLTENV Introduction to the Built Environment introduces the

concept of reflection in professional practice and emphasises the

requirement for continuing professional development.

Society’s expectations of professional practice 4BLTENV Introduction to the Built Environment, 4REGFMK

Introduction to Regulatory Framework introduces ethics and

professional conduct and 4PRIVAL Principles of Valuation provides

more detail through worked examples and exercises.

RICS Rules of Conduct and conduct

regulations, including the general principles of

law and the legal system.

4REGFMK Introduction to Regulatory Framework, 4LAWBEV Law

for the Built Environment and 4PRIVAL Principles of Valuation

examines ethics and professional conduct. The RICS framework of

regulation, guidance and sanction are considered with illustrative

examples. The need for global ethical standards and the lead role taken

by the RICS is assessed. Specific aspects of English law are


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considered in 4LAWBEV Law for the Built Environment, 5PROLAW

Property Law and 6STAVAL Statutory Valuations

Client care The concept of identifying all

clients/colleagues/third parties who are your

clients and the behaviours that are appropriate

to establish good client relationships

This is initially introduced in 4BLTENV Introduction to the Built

Environment and 4OPDMAN Operational and Data Management

and applied further in 4PRIVAL Principles of Valuation, 5PRODEV

Property Development, 5OPPRMA Operational Property

Management, 6STPRMA Strategic Property Management and

6REEINV Investment Appraisal and Portfolio Management

The systems and procedures that are

appropriate for managing the process of client

care, including complaints

This is assessed in 4BLTENV Introduction to the Built Environment

and applied further in 5OPPRMA Operational Property Management,

6STPRMA Strategic Property Management and 6REEINV


The requirement to collect data, analyse and

define the needs of clients

This is assessed in 4OPDMAN Operational and Data Management

and applied further in 5OPPRMA Operational Property Management,

6STPRMA Strategic Property Management and 6REEINV



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Communication

and negotiation

Effective oral, written, graphic and presentation

skills including the methods and techniques that

are appropriate to specific situations

4BLTENV Introduction to the Built Environment explicitly introduces

students early on in their studies to written, numeric and communication

skills and enables them to read and produce basic drawings.

Most modules at all levels of the programme require written

assessments to be produced and drafted in a professional manner. For

example, written communication (report writing) skills are tested in

4REGFMK Introduction to Regulatory Frameworks, 4LAWBEV Law

for the Built Environment, 5PLPRPO Planning Process and Policy,

5PROLAW Property Law, 6REEINV Real Estate Investment and

Project.

Graphical representation is tested in 4CONTEA Construction for Real

Estate and 5PRODEV Property Development.

Numerical analysis is tested in 4OPDMAN Operational and Data

Management, 4PRIVAL Principles of Valuation, 5VALUAT

Valuation: The Five Methods, 6APPDEV Applied Property

Development, 6STAVAL Statutory Valuation and 6REEINV


Health and safety The principles and responsibilities imposed by

law, codes of practice and other regulations

appropriate to your area of practice

4REGFMK Introduction to Regulatory Frameworks requires

students to understand the legislation and regulations upon which the

construction planning process, building controls and the management

of health and safety in construction are based.

Personal safety on site and in the office In 4REGFMK Introduction to Regulatory Frameworks students learn

the relevance of The Health and Safety at Work Act via policies, hazard

and risk assessments, including personal safety as well as general on-

site safety.


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Knowledge and context of the Health and

Safety Law

4REGFMK Introduction to Regulatory Frameworks in relation to

workplace health and safety and CDM Regulations.

Understand your employer’s and your own

responsibility for health and safety

4REGFMK Introduction to Regulatory Frameworks in relation to

workplace health and safety.

Understand the health and safety legislation

process, including asbestos management, fire

safety, workplace regulations etc.

4REGFMK Introduction to Regulatory Frameworks introduces health

and safety legislation.

Accounting

principles and

procedures

Accounting concepts and the format and

preparation of management and company

accounts, including profit and loss statements,

cash flow statements and balance sheets.

Not met specifically.

Business planning How business planning activities contribute to

the achievement of corporate objectives.

Not met specifically.

Conflict

avoidance,

management and

dispute resolution

procedures

Demonstrate knowledge and understanding of

the techniques for conflict avoidance, conflict

management and dispute resolution

procedures, including for example adjudication

and arbitration.

4LAWBEV Law for the Built Environment requires students to

understand the role of law in society. They learn to recognise the

elements for the formation of a legally enforceable contract and the

various rights and obligations of the contracting parties upon breach

and to identify the essential features of various torts, liability and the

remedies available to claimants.


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Data management The sources of information and data, and of the

systems applicable to your area of practice,

including the methodologies and techniques

most appropriate to collect, collate and store

data.

4OPDMAN Operational and Data Management, 4PRIVAL Principles

of Valuation, 4LAWBEV Law for the Built Environment, 5PRODEV

Property Development, 6APPRED Applied Property Development

identify the sources of data capture. 4OPDMAN Operational and Data

Management enables students to analyse the strengths and

weaknesses of different systems

Diversity, inclusion

and teamworking

Demonstrate knowledge and understanding of

the principles, behaviour and dynamics of

successfully working in a team.

• How team members are selected and

appointed

• The role played by the various team

members

• The importance and business value of

diversity in a team

• Formal communication processes within the

team

• Inclusive communications

• How partnering and collaborative working

affects the team

• Internal diversity and inclusion polices,

including any applicable to non-

discrimination or anti-harassment in the

workplace

• Unconscious bias

All students are directed to UCEM’s policies in relation to diversity and

inclusion, particularly UCEM Student Charter 2016 and UCEM Code

of Practice Equality & Diversity Policy 2016. UCEM requires all

members of the community to recognise these rights and to act in

accordance with fellow members of UCEM.


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• Supply chain management

• Relevant legislation within your area of

practice.

Inclusive

environments

Design of new and the adjustment of existing

physical environments - about living in dignity

with equality. Ensuring clients meet their

obligations under any appropriate legislation.

• Recognition of the diversity of user needs.

• Local planning policy, building regulation

and health and safety requirements as

applied to inclusive environments.

• Corporate policies that address inclusivity.

• Appreciate and distinguish between ethical

issues as opposed to legal requirements.

Students are introduced to The Equality Act 2010 and Part M of the

Building Regulations in 4REGFMK Introduction to Regulatory

Frameworks.

5PLPRPO Planning Practice and Policy, 5PRODEV Property

Development and 6APPRDE Applied Property Development also

cover Part M and inclusive design of buildings.

5OPPRMA Operational Property Management and 6STPRMA

Strategic Property Management will look at inclusive design from a

client’s point of view and for students to appreciate the liability of these

clients but also review issues from an ethical stance, particularly in

relation to a client’s CSR policy.

Sustainability Demonstrate knowledge and understanding of

why and how sustainability seeks to balance

economic, environmental and social objectives

at global, national and local levels, in the

context of land, property and the built

environment.

4CONTEA Construction for Real Estate looks at sustainable

solutions in the context of simple forms and framed construction.

5PLPRPO Planning Practice and Policy and 5ECOBEN Economics

for the Built Environment consider ‘triple bottom line sustainability’

within the built environment and explores the balance of cultural,

economic and environmental issues and their impact on each other.

The relationship between property and the

environment and the principles of sustainability

within development and the construction

process

5PRODEV Property Development and 6APPRDE Applied Property

Development place a strong emphasis on sustainability in the design

of new buildings and refurbishment in all sectors including heritage.


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The principles and reasoning of how the design,

and construction processes, together with

technologies, can contribute to sustainable

building.

4CONTEA Construction for Real Estate looks specifically at

sustainable design in simple forms and framed construction and


Development emphasis ‘cradle to grave’ sustainability in the design of

new buildings and refurbishment in all sectors including heritage

The principles of material resource efficiency

within the supply chain including embodied

energy

4CONTEA Construction for Real Estate looks at sustainable

solutions in the context of simple forms and framed structures.

5PRODEV Property Development discusses embodied carbon and

the concept of ‘cradle to grave’

The differences between the various

sustainability ‘labels’ and methods such as

BREEAM, LEED and any other energy

efficiency legislation.

5PRODEV Property Development distinguishes some of the current

schemes to encourage sustainability, including BREEAM.


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Core competencies

Competency Knowledge How are these areas of knowledge covered by the course? %

Inspection Understand the requirements and reasons for

a property inspection This is introduced and assessed in 4BLTENV Introduction to the Built

Environment and considered further in 4PRIVAL Principles of Valuation

Understand safety issues when undertaking

an inspection This is considered in 4REGFMK Introduction to Regulatory Framework

Implications of location and situation This is considered in 4PRIVAL Principles of Valuation and elaborated in

5PRODEV Property Development

Identifying access arrangements This is considered in 4REGFMK Introduction to Regulatory Framework

and 4LAWBEV Law for the Built Environment

Basic knowledge of building construction and

specification This is considered in 4CONTEA Construction for Real Estate and

elaborated in 5PRODEV Property Development

The legal requirements that impact upon the

occupation/ ownership of buildings

These issues are detailed in 4LAWBEV Law for the Built Environment

and 5PROLAW Property Law

Measurement Relevant data capture techniques including

the use of lasers and tapes This is addressed in 4BLTENV Introduction to the Built Environment and

considered further in 4PRIVAL Principles of Valuation

The limitations of different methods of

measurement This is addressed in 4BLTENV Introduction to the Built Environment and


Checking procedures for the instruments

used and the calculations undertaken •

Potential sources of error from use of the

instruments

This is discussed in 4BLTENV Introduction to the Built Environment and



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The basis on which measurements should be

undertaken i.e. the core definitions of

measurement and their application

This is considered in 4REGFMK Introduction to Regulatory Frameworks

and detailed further in 4PRIVAL Principles of Valuation

The appropriate standards and guidance

relating to measurement with particular

reference to the RICS Property measurement

This is assessed in 4REGFMK Introduction to Regulatory Frameworks

and considered further in 4PRIVAL Principles of Valuation

The degree of accuracy that is required for

different types of property and the use to

which the measurements will be put

This is assessed in 4REGFMK Introduction to Regulatory Frameworks

and considered further in 4PRIVAL Principles of Valuation

The use and limitations of plans and drawings This is assessed in 4REGFMK Introduction to Regulatory Frameworks

and considered further in 4PRIVAL Principles of Valuation, 5PRODEV

Property Development and 5OPPRMA Operational Property

Management

Valuation The main drivers that have an impact on value

These are introduced in 4PRIVAL Principles of Valuation, assessed more

closely in 5ECOBEN Economics for the Built Environment and further

applied in 5VALUAT Valuation: The Five Methods, 5PRODEV Property

Development, 6APPVAL Applied Valuation and 6STAVAL Statutory

Valuations

The principles and application of the latest relevant valuation standards

Valuation standards are introduced in 4REGFMK Introduction to

Regulatory Frameworks and applied in 4PRIVAL Principles of Valuation,

5VALUAT Valuation: The Five Methods, 5PRODEV Property

Development, 5OPPRMA Operational Property Management, 6APPVAL

Applied Valuation, 6APPRDE Applied Property Development,

6STPRMA Strategic Property Management and 6STAVAL Statutory

Valuations


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The relevant RICS best practice guidance notes and Professional Statements

RICS Guidance Notes and Professional Statements are introduced in

4REGFMK Introduction to Regulatory Frameworks and applied in

4PRIVAL Principles of Valuation, 5VALUAT Valuation: The Five

Methods, 5PRODEV Property Development, 6APPVAL Applied

Valuation, 5OPPRMA Operational Property Management 6APPRDE

Applied Property Development, 6STPRMA Strategic Property

Management and 6STAVAL Statutory Valuations

The principles of professional practice, liability and indemnity insurance

These issues are highlighted and detailed in 4REGFMK Introduction to

Regulatory Frameworks and 4PRIVAL Principles of Valuation,

The underlying principles of property law,

planning and other relevant regulations or

controls and their impact on property/asset

values

These are 4REGFMK Introduction to Regulatory Frameworks, assessed

further in 4LAWBEV Law for the Built Environment and 5PROLAW

Property Law and applied in 4PRIVAL Principles of Valuation,


Development, 6APPVAL Applied Valuation, 5OPPRMA Operational

Property Management 6APPRDE Applied Property Development,


Valuations

The different purposes for which valuations

may be required (including, bank lending,

taxation, performance management etc.)

The principles of the various methodologies

needed to provide both capital and rental

valuation advice

These are considered in 4PRIVAL Principles of Valuation, 5VALUAT

Valuation: The Five Methods, 5PRODEV Property Development,

6APPVAL Applied Valuation, 5OPPRMA Operational Property

Management 6APPRDE Applied Property Development, 6STPRMA

Strategic Property Management, 6REEINV Investment Appraisal and

Portfolio Management and 6STAVAL Statutory Valuations

The importance of independence and

objectivity These issues are discussed and embedded in 4PRIVAL Principles of

Valuation, 5VALUAT Valuation: The Five Methods, 5PRODEV Property



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6STPRMA Strategic Property Management, 6REEINV Investment

Appraisal and Portfolio Management and 6STAVAL Statutory

Valuations

The role and function of Automated Valuation

Models (AVMs).

This is considered in 6APPVAL Applied Valuation

Information gathering relevant to the

valuation work being undertaken This is assessed in 4PRIVAL Principles of Valuation, 5VALUAT




Strategic Property Management, 6REEINV Investment Appraisal and

Portfolio Management and 6STAVAL Statutory Valuations

Analysis and interpretation of comparable evidence

This is considered and applied in 4PRIVAL Principles of Valuation,





Valuations

Application of a range of valuation methods or techniques

The application of appropriate valuation techniques is emphasised in These

4PRIVAL Principles of Valuation, 5VALUAT Valuation: The Five

Methods, 5PRODEV Property Development, 6APPVAL Applied

Valuation, 5OPPRMA Operational Property Management 6APPRDE

Applied Property Development, 6STPRMA Strategic Property

Management, 6REEINV Investment Appraisal and Portfolio

Management and 6STAVAL Statutory Valuations


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Compulsory

Purchase and

Compensation

The historical background, requirement for,

and justification of the use of compulsory

purchase powers

An overview of the relevant applicable laws

covering acquisition of land and rights,

planning and compensation

The basic principles of compensation (the

before and after principle), accommodation

works, and the legal right to claim.

These issues are assessed in L6STAVAL Statutory Valuations

Outlining the stages and timing involved in

making, confirming and implementing a

compulsory purchase order

An understanding of statutory abilities to

acquire rights other than outright purchase,

such as those exercised by utilities

companies

Setting out heads of claim under a

compensation claim


Supplying and justifying evidence for a

statement of claim using both valuation and

logical techniques to back up the quantum of

the claim.

Dealing with best practice in the

implementation of a compulsory purchase

order on a road scheme, for instance.



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Developing a rationale for the use of

compulsory purchase powers in order to

enable development, taking into account

human rights legislation.

The fee basis for chartered surveyors and the

role of the Lands Tribunal (or relevant local

equivalent) as well as mediation/arbitration.

Assisting in the preparation for and

attendance at a Public Inquiry into a

Compulsory Purchase Order including

understanding of procedure and process.

Contaminated

Land

The definition of contaminated land under the

Contaminated Land Regulations 2000, and

associated legislation

This is considered in 4LAWBEV Law for the Built Environment,

5PRODEV Property Development, 5PLPRPO Planning Practice and

Policy, 6APPVAL Applied Valuation and 6STATVAL Statutory

Valuations

The relevance under Part 11A of the

Environmental Protection Act, planning policy

guidance and RICS published guidance and

practice notes

These are considered in 4LAWBEV Law for the Built Environment,


Policy, 6APPVAL Applied Valuation and 6STATVAL Statutory

Valuations

Areas of professional practice where contaminated land is relevant, e.g. valuations, development, asset management, transactions, environmental assessment. Demonstrate an understanding of the limitations upon Chartered Surveyors in this area, e.g. Professional Indemnity Insurance, Public Liability Insurance.

These are considered in 4LAWBEV Law for the Built Environment,


Policy, 5OPPRMA Operational Property Management, 6APPVAL

Applied Valuation, 6STATVAL Statutory Valuations and 6STPRMA



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Development

Appraisal

Demonstrate knowledge and understanding

of the principles and practices underlying a

valid development appraisal

This is considered in 5VALUAT Valuation: The Five Methods, 5PRODEV

Property Development, 5PLPRPO Planning Practice and Policy,

6APPRDE Applied Development and 6STAVAL Statutory Valuations

The role of development appraisals in the

marketplace and the situations where their

use is appropriate


Property Development, 6APPRDE Applied Development and 6STAVAL


The content of appraisals and how different

issues such as planning requirements can be

reflected




The sensitivities of appraisals, what factors

affect the appraisal

This is considered in 5PRODEV Property Development and 6APPRDE

Applied Development

External factors which have an influence

upon the appraisal process.




Investment

Management

The fundamental elements of property returns

including capital and retail returns, plus how

these are generated in practice • The

mainstream types of property valuation and

being conversant with the theory behind

these

•

This is considered in 5OPPRMA Operational Property Management,

6REEINV Investment Appraisal and Portfolio Management and

6STPRMA Strategic Property Management


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The principles of portfolio management and

asset management These are considered in 5OPPRMA Operational Property Management,



The different forms of indirect investments;

Investment Trusts, etc. These are assessed in 6EEINV Investment Appraisal and Portfolio

Management

Debt structures, how property derivatives

work, and the trends in the indirect

investment markets

These are considered in 6REEINV Investment Appraisal and Portfolio

Management

The reasons clients invest indirectly and the

attractions of varying forms of indirect holding

These issues are considered in 6REEINV Investment Appraisal and

Portfolio Management

Appropriate legislation and regulations

relating to the management of property as a

financial investment

This is considered in 5OPPRMA Operational Property Management,



Investment implications of indirect forms of

investment for clients. This is considered in 5OPPRMA Operational Property Management,



Landlord and

Tenant

The principles of property law This is introduced in 4REGFMK Introduction to Regulatory Frameworks

and developed in 4LAWBEV Law for the Built Environment and

5PROLAW Property Law


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The statutory and common law framework

applying to the landlord and tenant

relationship

This is introduced in 4REGFMK Introduction to Regulatory Frameworks

and developed in 4LAWBEV Law for the Built Environment and


The content, form, and structure of leases

Relevant market conditions and property

values


and developed in 4PRIVAL Principles of Valuation, 4LAWBEV Law for

the Built Environment and 5PROLAW Property Law. There is specific

and applied consideration in 5OPPRMA Operational Property

Management and 6STRPRMA Strategic Property Management

Carrying out market research, collating and

analysing comparable evidence This is assessed in 4PRIVAL Principles of Valuation, 5VALUAT




Strategic Property Management and 6STAVAL Statutory Valuations

Providing strategic advice upon landlord and

tenant matters, relating to individual

properties or blocks of properties

This is assessed in 5OPPRMA Operational Property Management and


Legal / regulatory

compliance

The law relating to building compliance and

the risks associated with poorly maintained or

operated assets or equipment.

This is introduced in 4REGFMK Introduction to Regulatory Frameworks,

and assessed further in in 4LAWBEV Law for the Built Environment,

5PROLAW Property Law, 5OPPRMA Operational Property Management

and 6STPRMA Strategic Property Management


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The extent and impact of regulation

compliance on development projects with

particular reference to health and safety,

disability, and construction, design and

management regulations.

This is assessed in 4REGFMK Introduction to Regulatory Frameworks,

4LAWBEV Law for the Built Environment, and developed and applied

in 5PRODEV Property Development, 5OPPRMA Operational Property

Management and 6APPRDE Applied Property Development.

Using current case law, appeals and

representations This is introduced in 4REGFMK Introduction to Regulatory Frameworks

and assessed further in 4LAWBEV Law for the Built Environment,

4PRIVAL Principles of Valuation, 5PROLAW Property Law, 5OPPRMA

Operational Property Management and 6STAVAL Statutory Valuations

Understanding the impact of wider regulatory

compliance around Ethics, Safety,

Procurement, Modern Slavery, Information

and data security, applying health and safety

at work practices, disability, and construction,

design and management regulations.


and assessed further in in 4LAWBEV Law for the Built Environment,

5PRODEV Property Development

Leasing and

Letting

The market for leasing and letting, and how

values and lease terms may be affected by

market trends and pressures

This is considered in 5ECOBEN Economics for the Built Environment

and applied in 5OPPRMA Operational Property Management and


The legislative framework associated with

lease terms and show how this is reflected in

the market place

This is considered in 4LAWBEV Law for the Built Environment,

5PROLAW Property Law and applied in 5OPPRMA Operational Property

Management and 6STPRMA Strategic Property Management

What factors affect value for property in the

letting market.

This is considered in 5ECOBEN Economics for the Built Environment

and applied in 4PRIVAL Principles of Valuation, 5PRODEV Property

Development, 5OPPRMA Operational Property Management and



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Local taxation/

assessment

Code of measuring practice to include

zoning of shops This is introduced in 4BLTENV Introduction to the Built Environment

and 4REGFMK Introduction to Regulatory Frameworks, and expanded

upon in 4PRIVAL Principles of Valuation and embedded in 5VALUAT





Application of statute and case law This is introduced in 4BLTENV Introduction to the Built Environment

and 4REGFMK Introduction to Regulatory Frameworks, elaborated upon

in 4LAWBEV Law for the Built Environment and 5PROLAW Property

Law and applied in 4PRIVAL Principles of Valuation, 5VALUAT



Management, 6APPRDE Applied Property Development, 6STPRMA


Analysis of evidence and relevance of the law

of Landlord and Tenant This is introduced in 4BLTENV Introduction to the Built Environment


in 4LAWBEV Law for the Built Environment and 5PROLAW Property

Law and applied in 4PRIVAL Principles of Valuation, 5VALUAT





• Measuring and inspecting properties

This is introduced in 4BLTENV Introduction to the Built Environment


in 4LAWBEV Law for the Built Environment and applied in 4PRIVAL

Principles of Valuation, 5VALUAT Valuation: The Five Methods,


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5PRODEV Property Development, 6APPVAL Applied Valuation,

5OPPRMA Operational Property Management, 6APPRDE Applied

Property Development, 6STPRMA Strategic Property Management and

6STAVAL Statutory Valuations

• Valuing different property types

This is considered in 4PRIVAL Principles of Valuation, 5VALUAT


6APPVAL Applied Valuation, 6APPRDE Applied Property Development

and 6STAVAL Statutory Valuations

• Using different methods of valuation: rental

and comparative approaches, profits,

receipts and expenditure and costs

This is introduced in 4PRIVAL Principles of Valuation, 5VALUAT

Valuation: The Five Methods, 6APPVAL Applied Valuation and

6STAVAL Statutory Valuations

Planning and

Development

Management

Site/building surveys and details e.g. site

planning history, flood risk, biodiversity,

archaeology, architectural character,

conservation, accessibility, highways,

services and utilities

These issues are considered in 5VALUAT Valuation: The Five Methods,


Development

Environmental features and issues

This is introduced in 5VALUAT Valuation: The Five Methods and applied

in 5PRODEV Property Development and 6APPRDE Applied Property

Development

Gross and net site development areas


Property Development and 6APPRDE Applied Property Development

Urban design principles and

characteristics This is discussed in 5PLPPRO Planning Practice and Policy and applied

in 5PRODEV Property Development and 6APPRDE Applied Property

Development


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Basic architectural and urban design

language in relation to planning proposals This is introduced in 4BLTENV Introduction to the Built Environment and

developed in 5PRODEV Property Development and 6APPRDE Applied

Property Development

The objectives and characteristics of different

kinds of brief

This is detailed in 5PRODEV Property Development and 6APPRDE


The stages of the development application

and appeals process


developed in 5PLPRPO Planning Practice and Policy and applied in


Development.

The consultation process and

stakeholder management This is introduced in 4REGFMK Introduction to Regulatory Frameworks,



Development

The role of supplementary planning

documents, design guides and codes in

guiding planning applications and their

consideration




Development

Property finance

and funding

• The various senior debt providers, and their

expectations in terms of pricing and security This is considered in 6REEINV Investment Appraisal and Portfolio


6APPRDE Applied Property Development

• The impact of gearing on equity returns This is considered in 6REEINV Investment Appraisal and Portfolio



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• The ability to demonstrate this gearing effect

numerically This is considered in 6REEINV Investment Appraisal and Portfolio


• How mezzanine and equity finance might be

priced This is considered in 6REEINV Investment Appraisal and Portfolio



• The financing process This is considered in 6REEINV Investment Appraisal and Portfolio



Use of financial information such as audited

report and accounts.

This is considered in 6REEINV Investment Appraisal and Portfolio


Property

Management

The key factors determining the landlord and

tenant relationship in relation to the running

of a property

These are introduced in 4LAWBEV Law for the Built Environment and

5PROLAW Property Law and developed in 5OPPRMA Operational

Property Management and 6STPRMA Strategic Property Management

The key lease terms and their implications to

property management These issues are considered in 5PROLAW Property Law and applied in

5OPPRMA Operational Property Management and 6STPRMA Strategic

Property Management

How disputes and problematical issues can

be resolved, and be able to prioritise key

tasks

This is considered in 4LAWBEV Law for the Built Environment and

applied in 5OPPRMA Operational Property Management and 6STPRMA


Managing property from both a landlord

and tenant perspective, and understanding

the key factors from each viewpoint

This is considered in 5OPPRMA Operational Property Management and



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Understanding legal requirements

associated with multi-let property and/or

managed property




Understanding property management

accounting principles from the landlord and

tenant perspective, and also the

requirements of law and RICS




Understanding courses of action in relation to

breaches of lease by landlord and tenant.




Participating in all aspects of property

management including works, emergency

reactive maintenance, planned programmes,

budgets

This is considered in 5OPPRMA Operational Property Management and


Applying your negotiation, communication,

and business skills in relation to contentious

issues with both landlord and tenant

This is assessed in 5OPPRMA Operational Property Management and


Purchase and

sale

The different types of interests that can be

sold or purchased, and the factors affecting

value




Factors governing the methods of

disposal/acquisition and the

advantages/disadvantages of each



Property Management, 6STPRMA Strategic Property Management and

6REEINV Real Estate Investment


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The legal processes needed to complete a

sale/purchase This is considered in 4LAWBEV Law for the Built Environment and


What factors affect value for property in the

purchase/sales market

These are considered in 5ECOBEN Economics for the Built Environment

and 4PRIVAL Principles of Valuation

Strategic real

estate

consultancy

• Organisational structures, values and

objectives These are introduced in 4OPDMAN Operational and Data Management

and considered in greater detail in 5OPPRMA Operational Property

Management, 6STPRMA Strategic Property Management and 6REEINV


• Business performance This is introduced in 4OPDMAN Operational and Data Management and

are considered further in 5OPPRMA Operational Property Management,

6STPRMA Strategic Property Management and 6REEINV Investment


• The role and importance of real estate in

organisational/business performance. The

role of real estate in business strategies

These are considered in 5OPPRMA Operational Property Management,



• Strategic uses of real estate These are considered in 5OPPRMA Operational Property Management,



• Methods for appraising options for real

estate strategies These are considered in 5OPPRMA Operational Property Management,




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• The role of the real estate professional as a

strategic business adviser These are considered in 5OPPRMA Operational Property Management,



Styles of consultancy intervention These are considered in 5OPPRMA Operational Property Management,



Preparing and analysing relevant data These are considered in 5OPPRMA Operational Property Management,

6STPRMA Strategic Property Management and 6REEINV Real Estate

Investment

Undertaking option appraisals for real estate

strategies These are considered in 5OPPRMA Operational Property Management,

