The University of Newcastle, Australia

Course handbook


This course develops the students understanding of development economics and facilities management through a case study of a commercial property project. It investigates the theory and practice of facilities management including elements of operational and strategic facilities management. It explore development economics through examination of site analysis, market research, property finance and methods of investment appraisal, and develops the students ability to prepare a feasibility study report to evaluate property investment performance.

Availability2018 Course Timetables

BCA Singapore

  • Semester 1 - 2018


  • Semester 1 - 2018

Distance Education - Callaghan

  • Semester 1 - 2018

Learning outcomes

On successful completion of the course students will be able to:

1. Understand the operation of facilities management

2. Conduct life-cycle costing analysis for strategic facilities management

3. Identify sources of property finance

4. Understand taxation implications and capital allowances in the property development process

5. Apply methods of investment appraisal

6. Prepare a feasibility analysis for a commercial facility


  • Introduction to the process of feasibility study
  • Site analysis and market research
  • Operational facilities management
  • Strategic facilities management and life-cycle costing analysis
  • Valuation of property
  • Property finance and tax implication/capital allowances
  • Time value of miney
  • Present and future value calculation
  • Methods of investment appraisal
  • Discounted cash flow analysis
  • Risk analysis in discounted cash flow
  • Review of discounted cash flow analysis and process of feasibility study


This course replaces ARBE2300. If you have successfully completed ARBE2300 you cannot enrol in this course.

Assumed knowledge

ARBE1300 or equivalent to ARBE2307 or equivalent - Students should have a basic knowledge of economics in construction industry (ARBE2307) before enrolling in this course

Assessment items

Proposal / Plan: Operational and strategic facilities management plan

Quiz: Online quiz - Investment Evaluation

Report: Feasibility Study Report

Contact hours

BCA Singapore, Callaghan and Distance Education - Callaghan


Face to Face On Campus 2 hour(s) per Week for Full Term


Face to Face On Campus 1 hour(s) per Week for Full Term

Distance learning students will receive equivalent instruction through online or other distance education strategies.