Master of Construction Management/Master of Property

This subject introduces the construction of detached and multi-unit low-rise residential buildings with an emphasis on Australian construction practices, standards, and methods. Students will develop relevant knowledge of local building techniques and compliance requirements applicable to the Australian residential construction sector. The key functions and performance requirements for the main elements are discussed in relation to material selection, structural design and construction methods.

This aim of this subject is to introduce students to the intersection of construction techniques, contemporary practice, building legislation, developments in sustainable design principles, and advancements in materials technology and their influence on the construction of low-rise residential buildings. This is particularly important for students who are entering the program without a cognate undergraduate degree. The subject also includes an introduction to services within a residential context, and discusses various topics related to building pathology and maintenance.

Incidental costs

Students will be required to purchase personal protective equipment (steel-toed boots, hard-hat, hi-vis vest and safety goggles); cost approx. $90 to $120 per person. Students may use equipment from a previous subject if these are in good working condition.

View detailed information in the Handbook

This subject provides a coverage of the different systems significant in the design of buildings, which are described in terms of 3 interlocking systems: human, mechanical and natural systems.

Human Systems
• Concepts of environmental comfort: heat, light and sound
• Occupational Health, Safety and Environment
• Post-Occupancy Evaluation

Mechanical Systems
• energy efficiency, alternative energy sources and energy management
• active solar heating and cooling systems;
• electrical, telecommunications, transportation and building management systems;
• air-conditioning system designs; refrigeration, heating and air handling plants;
• façade design, natural ventilation and mixed mode systems;
• displacement ventilation, evaporative cooling and radiant cooling systems;
• special servicing conditions
• acoustical design and noise control

Natural Systems
• passive design techniques for buildings
• waste and water treatment techniques, WSUD (water sensitive urban design)
• green infrastructure and ecological services
• integrated greenery – green roofs and vertical greenery

Sustainable building standards like Green Star and NABERS will also be introduced and used in the discourse of the lectures.

View detailed information in the Handbook

This subject provides an introduction to the nature and construction industry both locally and internationally. It investigates the roles and responsibilities of a range of industry stakeholders and introduces project procurement systems and contracts. Theories relating to management and project management and how they apply to the construction industry are presented. The subject then focuses on issues affecting the management of construction projects at the site level. An overview of production management and how it relates to the construction industry is provided along with consideration of issues affecting the efficient use of resources such as labour, subcontract labour, materials, plant and equipment. Labour productivity improvement techniques to such as work study and activity sampling are presented. Industrial relations, site safety and quality assurance are introduced along with construction project planning methods. Critical path scheduling is presented and the construction plan for a small scale building is undertaken.

View detailed information in the Handbook

This subject is an introduction to engineering materials, statics, mechanics, and structural systems designed for students without a background in engineering, construction or building. It provides a general understanding of engineering materials and discusses how these materials are used in construction. Concepts of mechanic of materials and structural systems will be discussed by drawing on examples in residential and low-rise construction. Various forms of structural systems for timber, reinforced concrete and steel construction will be investigated.

View detailed information in the Handbook

Steel and composite construction systems can take many forms when used to construct commercial or industrial buildings. This subject will introduce students to construction techniques and performance requirements that influence material selection for constructing low to medium rise office or apartment buildings, hospitals and institutional buildings, shopping centres and sporting facilities. Each project has characteristic structural forms and resultant methods of construction. Structural design concepts for steel, composite and hybrid construction systems are analysed and their influence on construction methods assessed. The topics covered include the interpretation of steel framed systems, industrial ground slabs, basement construction and site retention methods, piling systems and construction methods to suit various geotechnical conditions, composite construction, tilt slab construction methods, precast concrete building systems and hybrid floor construction systems.

Incidental costs

Students will be required to purchase personal protective equipment (steel-toed boots, hard-hat, hi-vis vest and safety goggles); Students may use equipment from a previous subject if these are in good working condition.

View detailed information in the Handbook

This subject deals with building works measurement and tendering processes. It provides students with the skills of pricing of measured items of building works and the building-up of unit rates for pricing.

Topics covered include computerised building measurement and documentation including the;

• Processes of preparing Bills of Quantities (BoQ), including on screen take off and types of bill formats and their uses;
• The use of Formulae, Trigonometry, Mensuration and Abbreviations to measure and describe building works;
• Basic principles of measurement and description of works: the use of Australian Standard Method of Measurement (ASMM) for producing construction tender documents;
• Measurement and description of specific Trades: Groundworks, Concrete work (including reinforcement and formwork), Masonry, Roofing, and Internal Finishes for simple residential building.

Prescribed software programs with no cost
RiB CostX Educational ver 6.9

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

This subject examines the principles and procedures for effective contract management from both clients’ and contractors’ perspectives. Practices and techniques of planning and managing a contract through to a successful conclusion are presented.

Topics include: development of legal framework for project delivery (contract formation – principles and philosophies of contract drafting); contract negotiation techniques and execution; contract performance, monitoring and enforcement; managing project close-out; relationship management during the construction phase; project procurement and allocation of risks; payment systems; contractual responsibilities and liabilities imposed by general conditions of contracts; construction delay claims management; conflict and dispute management.
The subject also examines alliancing and partnering contracts, performance-based contracts as well as contract management in the context of BIM-based projects.
Contract management software applications are used where applicable.

View detailed information in the Handbook

Construction of commercial and high-rise buildings relies heavily on the use of reinforced concrete for its structural components. This subject introduces students to reinforced concrete systems and techniques for constructing commercial and high-rise buildings. Students will be taught how to interpret information provided by the engineers’ reinforced concrete drawings and specifications that provides the necessary means to be able to transfer documented details into the physical built form. Students will investigate structural design concepts, structural behaviour and construction methods for reinforced concrete structural members. This includes reinforced concrete frames including slab and beam systems, prestressed concrete design concepts and introduction of hybrid wall construction systems and construction methods. Other related topics include exposed concrete surface finishes, sprayed concrete technology, concrete detailing and constructability.

View detailed information in the Handbook

An introduction to the principles and legal concepts that apply to the built environment professions and how this law develops and changes. The subject covers:

• the fundamentals of common law;
• liability in tort law for injury or loss caused to other people or their property;
• legally binding contracts, their terms, obligations and breaches. These concepts extend into construction contracts, standard forms of contract, liabilities, litigation and arbitration;
• concepts of property and ownership in Australia. The legal nature of land, improvements, fixtures and chattels, land registration systems and encumbrances. Co-ownership: subdivision, joint tenancy in common. licenses and leases. occupier's liability;
• planning law;
• environmental law;
• intellectual property covering copyright, patents and consultancy issues.

View detailed information in the Handbook

This Masters level subject is designed to introduce the fundamental concepts required for understanding how property markets function and/or operate, as well as the basic valuation techniques required for determining the value of real property.

It serves both the new 300 point Master of Property and the Graduate Diploma of Property Valuation, which are courses taught within the Melbourne School of Design.

This is a foundation subject and is meant for students who are relatively new to the property education. The emphasis of this subject is to introduce students to the main systems and relationships which govern the operation of property markets, with particular reference to the valuation of commercial property in Australia.

The subject examines market analysis and valuation techniques as they apply to real property. The main areas to be covered include:

• To set property within an economic context
• To examine property as a set of linked markets, functionally divided between use, investment and development
• To critically evaluate the role that regulations and planning play in the property markets
• Typical valuation processes focussing on direct comparison, direct capitalization method, discounted cash flow method and residual method.

View detailed information in the Handbook

This subject aims to provide a range of applied skills to operate as a property professional in the area of property valuation and management. The subject examines:

• ownership and use perspectives as they apply to investment, valuation and management of real property as a business;
• property classes, market sectors and specialised properties;
• managing the physical asset in the various ownership and use scenarios, including legal, OHS, risk management, environmental and market demands;
• lease income and management.

The application of quantitative methods in analysis will be emphasised. These will include: discounted cashflow analysis, real estate finance and financial analysis, post taxation analysis and securitisation.

View detailed information in the Handbook

This subject focuses on the nature of accounting from the perspective of the users of financial reports. In this subject, students will learn how to analyse and interpret financial information prepared by diverse businesses, both profit and not-for-profit. A key theme in the subject is to understand the relevance of accounting information for the decisions typically made by diverse stakeholders including financial analysts, bankers and shareholders as well as the strategic and operational decisions made by managers within the different businesses. This subject is designed to meet the needs of students from all disciplines, who seek to become more informed users of accounting information but who do not intend to pursue further studies in accounting.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject is designed to equip students with the tools necessary to enable them to make the core decisions faced by managers and investors. The first part of the subject deals with establishing the environment in which organizations operate, namely the objectives of the suppliers of financial and human capital. The subject then considers the basic tools commonly employed by financial managers and investors including discounted cash flow techniques and financial mathematics. Measures and definitions of alternative forms of risk are considered and the relation between risk and expected reward in capital markets is established. Finally, the subject considers the important decisions faced by firms (such as investment, financing and dividend policy) and by investors (the composition of their optimal portfolio of stocks).

View detailed information in the Handbook

This subject provides an introduction to the fundamentals of microeconomics, strategy and key issues in macroeconomics, and applies this knowledge to business and management issues. Topics to be covered include: the working of competitive markets; the operation of business organisations such as cost management and pricing decisions; strategic behaviour and market outcomes in different market environments; the effect of public policy on business organisations; and the main macroeconomic influences on the business environment.

View detailed information in the Handbook

This subject aims to give students an introduction to construction regulations including:

• relevant State and Commonwealth government legislation and the Building Code of Australia (including performance requirements, Deemed to Satisfy solutions and alternative solutions);
• fire technology including fire science, fire statistics, causes of fire, wildfire, fire prevention, fire containment, automatic fire detection, fire properties of materials, fire resistance levels, human movement and emergency egress, emergency warning systems, emergency lighting and controlling fire spread;
• an overview of the BCA Deemed to Satisfy fire related provisions and associated standards and codes;
• an introduction to fire safety engineering including analysing fire and smoke spread, use of computer tools, preparing alternative solutions, evaluating alternative solutions;
• an introduction to sustainable building practice in the context of the legislation, regulations standards and codes,

View detailed information in the Handbook

The subject examines the features and functions of various construction plant and temporary works employed in Australia and abroad, comparatively discussing their advantages and disadvantages to facilitate selection according to specific construction contexts. The historical development of construction methods and the factors behind their trends and innovation are also discussed.

View detailed information in the Handbook

Overview of the legal system in Australia:

• The concept of property and ownership in Australia
• Comparative land policy
• The general law and the Torrens land registration systems
• The legal nature of land: improvements, fixtures and chattels
• Encumbrances: easements, restrictive covenants, right
• Co-ownership: subdivision, joint tenancy in common
• Licenses and leases
• Contract, tort and agency
• Occupier's liability
• Impact of heritage legislation

View detailed information in the Handbook

This subject aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision making in property development. The subject integrates in the context of development climate change risk, sustainability, social and ethical considerations. The core content and competencies focus on:

• the development process and the major players;
• property market research and analysis;
• the decision to build;
• time value of money;
• appreciation of investment and market valuation methods;
• development appraisal including residual analysis and cash flow modelling;
• price and worth; risk, return and risk analysis.

This subject may involve the following software: ARGUS Estate Master, ARGUS Developer. Details of software availability and pricing are captured at https://msd.unimelb.edu.au/graduate-research/resources/it-support#software.

View detailed information in the Handbook

The subject will examine the economic, social, legal and political context of land and property by focusing on:
1. Local, national and global economies: the changing spatial dimensions of land and property markets.
2. Social significance: social meanings attached to land and property and their effects on economic behaviour.
3. Regulatory regimes and public involvement: the legal framework for property market activity and its economic implications.
4. Governance and policy processes: the political significance and policy implications of land and property.

Prescribed software programs with no cost
SSPS Statistics 26, SPSS Amos 26
Prescribed software programs with a cost
RStudio

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.

View detailed information in the Handbook

This subject builds on property fundamentals and valuation principles, and focuses on current research and practices in the real estate market for specialist property assets. The subject aims to introduce to you a range of applied knowledge and skills for property valuation analysis and evaluation, such as:

• Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
• Advanced financial analysis;
• Composition and functioning of the property lending market;
• Property lenders and lending products;
• The determination (and assessment of major determinants) of lending interest rate;
• Contemporary risk issues;
• Measurement of returns.

View detailed information in the Handbook

This subject introduces three key management systems used in the construction industry, namely Work Health and Safety Management Systems (WHSMS), Environmental Management Systems (EMS) and Quality Management Systems (QMS). It aims to provide relevant practical knowledge and skills to help manage projects to comply with specific safety, environmental and quality standards, codes and regulations. This subject endeavours to develop your knowledge and understanding of the processes and activities involved in preparing a Work Health and Safety (WHS) Plan and Safe Work Method Statement (SWMS) in accordance with the relevant Work Health and Safety legislation; a project-specific Environmental Management Plan (EMP) to manage environmental performance and conformity with environmental management policies, practices, and project specific environmental conditions; and a Quality Management Plan (QMP) in accordance with Australian and international standards. Major topics covered include management principles, models, and tools related to these three management systems.

View detailed information in the Handbook

This subject builds on the general legal principles and methodologies covered in earlier subjects. It is tailored to the need for construction professionals enrolled in the Master of Construction Management, to have an advanced and integrated understanding of the role of law and its application to the industry.

Topics to be covered include: causes of action; contracting methodologies and selection (including traditional and alternative forms of contract); the regulatory framework (including security of payment legislation); legal aspects of time, cost and quality; subcontracting; insurance and performance security; and dispute resolution and avoidance.

Students interested generally in the Construction Law program in the Melbourne Law Masters are encouraged to explore the Construction Law subject selection PDF guide.

View detailed information in the Handbook

The subject focuses on major innovations in building materials, components, systems, and methods that require input from specialist trades and the adaptation of standard design and construction practices. Emphasis is placed on innovative construction methodologies that demand extensive planning and design management, as well as specialized construction practices. Topics may include advanced building construction and structural design principles, innovations in building materials and components, digital innovative methods, emerging construction systems, and advanced technologies in manufacturing, fabrication, and building processes. The subject content is reviewed annually to incorporate emerging practices and challenges within the building industry.

View detailed information in the Handbook

Through an introduction to details of construction scheduling techniques and use of professional scheduling tools, this subject articulates the clear processes of logical development of time program for construction activities in projects. Real-life case projects are used for students to explore the concepts of activity definition, activity sequencing, resource allocation and resource leveling in the time schedule development process. Organised as a working seminar, the subject exposes students to clear visualisation of the construction processes and logical placement of construction activities whilst enabling them to understand underlying constraints in the schedule development context.

Prescribed software programs with no cost
Primavera

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

As the real estate market becomes increasingly international, it is necessary to understand how specific national markets operate and how they relate to one another within an international system. With globalisation, capital flows with increasing ease between national economies, and many real estate market actors - users, investors, developers and financiers - now search for opportunities across national boundaries. Real estate services, such as agency or research, have become international in order to serve these requirements.

At the global level, the institutional environment of real estate is extremely diverse. There are wide national differences in the economic, political, social and legal contexts within which real estate markets operate. Variations in planning control, landlord and tenant law, methods of valuation, professional education, and the symbolic significance of landed property represent important examples, and there are many others. Real estate market analysis therefore has to translate between different systems, both literally in terms of working language and metaphorically in terms of differences in business practice and culture.

This subject is intended to provide a comprehensive analysis of international real estate markets examining the rationale for their existence and development, its links to economic change, international financial diversification and institutional adaptation. The subject also examines the role of, and changes in, business culture to provide an understanding of the behaviour of real estate markets. The subject allows comparison over time of real estate markets in different countries, showing differences in market characteristics and changes thereof. The entry of international companies and their role in market development is also examined.

View detailed information in the Handbook

This subject critically reviews established and emerging research areas in the field of construction. This is accompanied by an exposition of the underlying research objectives, the methods in use or required, and the challenges and limitations of the methods.

Designed as an advanced, hands-on introduction to the culture and protocols of disciplinary research in construction, the subject has two aims: 1) To equip students with the skills necessary to conduct rigorous and original research; 2) To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation of their choice.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and commencing the research. The product of their work constitutes the basis for original empirical research project conducted in ABPL90359 Research Practicum in Construction and forms an integral part of the final research report of that subject.

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

Topics covered in this subject include:

• The role of corporate property in the strategic management of the organisation;
• Property as a strategic asset;
• Corporate property strategies and their alignment with organisational strategy;
• Models of CRE management;
• Tenure decisions;
• CRE portfolio analysis;
• CRE projects as interventions in CRE portfolios;
• CREM and procurement;
• Measuring corporate property performance;
• Workplaces and CRE;
• National and international locational analysis and competition;
• CRE information and information systems.

View detailed information in the Handbook

This subject is an in-depth examination of property investment and financing strategy and decision-making, with a focus on cash flows, return, and value. Property investments are surveyed with emphases on the analysis of commercial real estate and the theory and methods of investment analysis in respect to tax and financial consequences. Financial and non-financial determinants of investment feasibility of income-producing property are covered. The subject covers a range of approaches used in financing of investment properties. A case-based approach facilitates student learnings in analysing investment and financing strategies as they are applied to real world scenarios. Students will learn financial modelling skills, the art of investment and financing decision making involving qualitative and quantitative skills, and considerations that add value to property assets and investment portfolios of investors

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Property Research and Analysis is a taught module that draws on theories and techniques to analyse various property-related research questions in an applied way through selected research-based studies demonstrating how these theories and techniques are applied. The specific focus on research in this subject provides the foundation for ABPL90362 Research Thesis – Property.

The subject has two aims:

1. To equip students with the skills necessary to conduct rigorous and original research;
2. To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation into a research topic determined by the student in conjunction with an academic supervisor. The academic supervisor will guide the student while undertaking ABPL90362 Research Thesis – Property.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and beginning implementation of the research. The output of students' work constitutes the basis for the empirical work conducted in ABPL90362 Research Thesis - Property and forms an integral part of the final research report of that subject.

Together ABPL90363 Property Research Analysis and ABPL90362 Research Thesis - Property meet the 25-point research pathway to PhD requirement.

Prescribed software programs with a cost
SPSS Statistics

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

This subject builds on knowledge from Measurement of Building Designs (CONS20002) and Cost Management (ABPL90312). It comprises automated measurement and quantification for cost planning and documentation of commercial building works. Topics include: measurement of substructure; superstructure; reinforced concrete structures including frames, columns, beams and slabs; stair in steel and concrete; doors and windows in timber and steel including ironmongery; glazing; floor, wall and ceiling finishing; painting and decorations; measurement of mechanical and electrical installation for commercial buildings. It also addresses unit rate estimating and project pricing in depth. The subject uses 3D Building Information Model (BIM) as a platform for project pricing using CostX Software. Students will be introduced to 3D Building Information Modeling using Autodesk Revit Architecture Software or GraphiSOFT Software as well as model analysis workflow with Solibri software.

View detailed information in the Handbook

The subject provides students with an opportunity to produce an ordered, critical exposition of autonomously gained knowledge, thus demonstrating proper understanding of the nature, development strategies and conventions of research work, with particular focus in their area of specialisation.

The subject concentrates on the middle to final stages of research: from implementation of a research plan, to effectively interpreting and presenting results of the research plan implemented. Seminar group and one-on-one meetings are held with the supervisor/coordinator, to allow students to exchange and/or obtain advice on their topics.

Knowledge and materials prepared in the ABPL90363 Property Research and Analysis are to inform the final research report.

View detailed information in the Handbook

Students enrolled in this subject will partner with a host organization to complete an industry-based research project. Firms may be based in the commercial property development, investment, valuation, management and consultancy fields. Students will be supervised by the Subject Coordinator in collaboration with a designated party at the host organisation. Students will work on a research topic chosen by the host organization and will spend no more than 12 days working at the host organization over the course of the subject. Work will be limited to that needed to complete the research project. The Industry-Based Research Project will enable students to extend and apply the knowledge acquired through the Master of Property coursework subjects, will provide students with a valuable professional experience, and will extend their professional networks. This project can be taken to fulfil the research requirement of the Master’s in Property and may replace ABPL90362 Research Thesis – Property

View detailed information in the Handbook

Organised as an advanced seminar, this subject examines management issues relating to contemporary businesses within the construction industry. The various models of organisations and corporate strategies to achieve competitive advantage are researched and explored. Management concepts such as financial analysis, competitive strategy, innovation, negotiation, leadership and corporate social responsibility are analysed and discussed in the context of a contemporary construction company. More recent developments such as knowledge management, relationship marketing, operations management, and supply chain management etc. are also examined. Academic research, industry reports and relevant business school case studies are used extensively.

Incidental costs

Students will be required to purchase Harvard Business School cases for approximately $55-60 per person.

View detailed information in the Handbook

This subject provides advanced knowledge and skills on the technological design, performance requirements, procurement, manufacturing and construction of building envelope systems and materials.

Considering facades and roofing systems from start to finish of the building process, the subject gives insight on the specificity of the facade construction industry as a key agent of the design and delivery of contemporary projects.

New knowledge is built from the properties and behaviour of materials commonly used in building envelopes (e.g. glass, metals, insulation, sealants) and the fitness for purpose of different façade and roofing configurations, systems and products.

Learning activities focus on detailed design and construction technology aspects informed by regulatory benchmarks and established design principles, including waterproofing, wind-effects, air-tightness, thermal control, fire safety, acoustics, durability and safety in operation.

Industry perspectives are considered from the different standpoints of designers, head contractors, sub-contractors and specialist consultants by exploring facade-specific case studies in procurement, environmental performance, design management, testing, prototyping, fabrication, installation, defect prevention and building maintenance.

View detailed information in the Handbook

This subject provides an insight into the issues currently facing the construction industry. It aims to develop an understanding and awareness of the complex nature of construction supply chains and how they may be better managed to improve productivity, value, efficiency and client satisfaction within the construction industry. The network of organisations involved, through upstream and downstream linkages, in the different processes and activities that contribute to the production of construction artifacts is explored. The subject provides an introduction to supply chain management and provides the skills and knowledge needed to map construction supply chains, identify critical nodes and suggest possible solutions for improving existing construction practices. Case studies, site visits and industry guests are used to demonstrate current local and international industry practices and provide examples of the application of supply chain management-related initiatives in real-world projects.

View detailed information in the Handbook

The subject will expose you to the latest international developments in prefabrication and its application within construction. You will develop an appreciation for how prefabrication can be used to minimise or avoid many of the issues currently faced by the construction industry as well as the environmental, financial and social benefits that are possible.

The construction and associated challenges and benefits of prefabrication will be demonstrated through a series of case studies and site visits.

The use of prefabrication in construction will be covered at various scales and levels of complexity, including an in-depth look at a range of componentised, panelised and modular construction systems.

You will also develop professional expertise in the analysis of prefabrication as an alternative approach to procurement within the construction industry.

View detailed information in the Handbook

The subject exposes students to construction procurement in a broad sense, by articulating and examining the legal and functional links between multiple contracting parties in project delivery. Different procurement methods with their associated contract types are introduced, and the theories and principles governing their selection discussed. To this end, decision support system tools that can facilitate the selection process are introduced and practiced with case studies. Ethics in procurement, public procurement concerns and strategies, as well as international differences in the use of procurement methods, are also covered.

View detailed information in the Handbook

This subject sets the context for an understanding of the operations of firms within the construction production process. This includes conducting statistical analysis of the data concerning construction. By analysing construction’s contribution to national income and its linkages to other sectors of the economy it is possible to draw conclusions and gain insights into the operations of firms involved in the production of the built environment.

View detailed information in the Handbook

In this subject, students will evaluate, select, and implement Artificial Intelligence (AI) technologies to solve complex construction challenges, develop strategic approaches to AI adoption in construction organisations, and communicate AI-driven solutions through professional documentation and artefacts suitable for diverse industry stakeholders. This subject examines the transformative applications of AI across the complete construction lifecycle, from initial design through to post-delivery asset management. Designed specifically for students from diverse disciplinary backgrounds with no programming prerequisites, the subject provides accessible pathways to implementing AI solutions in construction practice. The subject encompasses three integrated themes: (i) analysing foundational AI principles and their strategic implications for construction industry transformation; (ii) critically examining contemporary AI-enabled methodologies revolutionizing construction project delivery; and (iii) applying practical AI tools and methodologies to real-world construction challenges through case-based learning. The subject combines advanced seminar discussions with hands-on workshops, enabling students to gain both theoretical knowledge and practical competency in deploying AI solutions for enhanced construction outcomes.

View detailed information in the Handbook

The construction industry is not only one of the largest employment sectors globally but also one of the most dynamic and complex industrial settings. The industry relies heavily on the skill set of a wide range of workers who are employed within diverse industry settings. This subject investigates the effective management of construction’s most important resource – its people. Overall it explores the importance of human resource management (HRM) in order to develop a high level of consistency between organisational and individual needs.

The subject begins by looking at contextual factors which influence the supply of workers and the management of this resource. A history of industrial relations, as it relates to construction, is provided along with an examination of industrial relations on construction projects today. Employment legislation as it applies in the Australian context is also presented. Individual and team based theories and models of organisational behaviour are then examined and human resource management theories and their key functions are presented providing students with current theoretical approaches to people management. Issues specific to the construction industry such as communication and teamwork; conflict management, negotiation and resolution; employee motivation and retention; organisational and project cultures; ethics and ethical behaviour; equal opportunity and diversity; work-life balance; career development and mentoring are also covered. This subject covers briefly some aspects of occupational health and safety (OHS) of workers (for instance psychological risks) but not issues such as legislation, statutory responsibilities of employers or current theories within OHS management.

Note: Students are expected to complete up to 100 pages of course readings and any other course preparation as outlined on the LMS. The LMS will become available earlier than the start date of the subject.

View detailed information in the Handbook

Research skills are paramount in the increasingly specialised world we live in. This subject provides you with an opportunity to conduct research on a topic of your choice, pertaining to construction. You will be focusing on the middle to final stages of research: from research design to interpreting research results and presenting them in writing, graphically and orally. The subject uses seminars with all students to share knowledge and advancement but mostly capitalises on one-on-one mentoring and supervision from dedicated supervisors to progress your research. You will use and build upon knowledge and materials acquired and developed in Research in Construction (ABPL90358) to inform your final research thesis.

View detailed information in the Handbook

Design Management has developed an increasingly important role within the construction industry since the development of new project acquisition methods from the 1990s onwards. These recognise the importance of the integration of the design and construction processes, the emergence of the project management profession as well as the more specialised role of architects and engineers. This industry role, to coordinate a team of people within a defined framework with agreed goals to achieve a desired design outcome, has evolved within various organisational settings such as architectural and engineering practices, project management consultancies and construction contracting companies. The organisation of the design effort to produce a set of deliverables that achieve the functional, financial and time requirements expected by the relevant key stakeholders is at the core of the design manager’s role. This subject will investigate these roles and responsibilities within the different organisational environments and throughout the project’s lifecycle. In addition, the unique stakeholder relationships and expectations of the design manager acting on behalf of the client, consultant or contractor will be explored and a design management plan developed for a contemporary commercial building project.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Successful project development depends on pro-active cost management from feasibility through to design, tender and construction, to the completion and useful life of the project. This subject examines applications of economics, management, law and statistical techniques to construction cost economics and management.

Topics include: advanced cost modelling techniques with parametric and probabilistic cost estimating methods; cost-in-use studies and life-cost approach to building evaluation (LCC in practice); feasibility studies and financial decision-making; value management; tender analysis; construction claims, conflict and dispute management; professional practice in quantity surveying including professional ethics; the role of quantity surveyors during construction as it affects the valuation of preliminaries, fluctuations, change orders and accounts, provisional sums and prime cost sums, as well as the role of quantity surveyors in risk assessment.

Principles of professional liability in quantity surveying practice as well as the impact of advanced digital technology such as Building Information Modelling on Cost management are also examined.

View detailed information in the Handbook

Cities are responsible for more than 70% of energy use and associated greenhouse gas emissions. The operation of buildings alone represents around 40% of energy use in many developed economies. Reducing energy use and transitioning towards zero greenhouse emissions in the built environment is therefore critical to sustain the Earth’s ecosystems and the general environmental equilibrium of the planet. This is further recognised by the UN sustainability goals, namely Goal 11: Sustainable Cities and Communities. With a growing world population, most of which going to live in cities, addressing this current and upcoming challenge is paramount.

The aim of this subject is to equip students with the skills and knowledge required to analyse, quantify, visualise and improve the energy performance of buildings, neighbourhoods and cities, at different scales of the built environment, towards zero greenhouse gas emissions.

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Political Economy of Design seeks to position and discuss architecture in relation to the world of production, economic interests and community benefits, at a local and global scale. By integrating yet moving beyond the stylistic, technological or sociological aspects of the discipline, the discussion reviews the industrial elements that are likely to affect programmatic objectives, formal directions and technical outcomes of building projects. Such discussion has a strong comparative bent, and is coloured by the notion of innovation - what it means from a social, technical and cultural point of view, and how it enters and affects different building markets. Attention is directed at understanding the distinction between innovation on one side and invention and technological change on the other. In this context, architecture's connection with planning and building disciplines is examined and criticised in the attempt to formulate a strategic framework for its use as an environmental policy instrument.

The subject has a lecture component and a research component. The lecture component provides a general theoretical framework largely borrowed from political economy, industrial theory, innovation theory and labour studies literature, but adapted to the analysis of the design and building sector. The research component seeks to apply the elements of this framework to a specific situation providing opportunities for applied research.

View detailed information in the Handbook

This subject aims to give students the knowledge of the cost planning processes involved in establishing and maintaining a client’s budget within the multiple constraints of time, cost and quality. It provides students with the skills needed to effectively monitor the budget for a building project as design evolves prior to actual construction.

This subject examines the allocation of costs to individual building elements as well as developing student’s appreciation of costs, overheads and allowances that are attributed to the overall project cost.

Topics covered include design economics, building morphology, sources and uses of cost data, the cost planning of engineering services, functional analysis, computerised estimating, cash flow forecasting, and the basics of costing sustainable building design features.

Prescribed software programs with a cost
RiB CostX 6.9

Details of software availability and pricing are captured at https://edsc.unimelb.edu.au/student-experience/it-support

View detailed information in the Handbook

Drawing from the lean principles originating in the Toyota Production System (TPS), lean practices have gained popularity in the construction industry (known as lean construction). Lean construction enhances value on projects and uncovers wasted resources. It has the potential to help owner organisations, contractors, and subcontractors to realise improvements in project delivery—including in terms of cost, schedule, quality, and productivity. This subject aims to develop students’ knowledge and understanding of lean construction as a philosophy, a bundle of lean tools, and a problem-solving culture which forms the lean construction body of knowledge. Key topics include lean philosophy, lean tools, and lean practices, and how they apply to construction in a national and international context.

View detailed information in the Handbook

Students will gain the ability to analyse the use of materials and the means of constructing buildings from antiquity on, but with particular reference to the nineteenth and twentieth centuries. Class activities will focus on the comparison of equivalent materials and trades between different cultures, and explore the transmission of skills, building processes and techniques from one to another.

View detailed information in the Handbook

This subject is suitable for graduate students seeking to understand the donor or sovereign government driven international development sector of international development and humanitarian work and the considerations and challenges in delivering culturally appropriate sustainable infrastructure outcomes. This subject complements the theory and principles in ABPL90277 Humanitarian Construction and further explores the policy settings, political motivations, contextual and cultural considerations of this specific area of the international development sector.

Through in-person class sessions, students will gain an appreciation of current theory, practices and approaches and undertake a series of group activities related to the delivery of infrastructure investment in this part of the international development sector. The subject has been designed to enable students to apply their technical discipline understanding and learnings from prior studies and work experience and to collaborate with interdisciplinary peers. Industry leaders, guest presenters and technical experts will share their experiences and project case studies for students to learn about the industry and to test and challenge their own personal values and perspectives when working in developing countries.

The subject will offer built environment and other graduate students an insight into the principles, strategic objectives and priority areas of delivering quality infrastructure to build genuine and respectful partnerships with our international neighbours in the Asia Pacific region. Topics will include how to prepare, plan, program, design and construct sustainable infrastructure in differing cultural contexts as well as how to consider policy, governance, economic, environmental and social factors in order to sensitively manage and implement complex program requirements linked to specific outcomes in a development context. Finally, students will also develop an understanding of potential pathways and employment opportunities in the international development industry.

View detailed information in the Handbook

This subject introduces the concept of social procurement in construction. Social procurement refers to contractual obligations of head contractors to meet targets for employment of women, Indigenous, CALD, socially disadvantaged, and disabled workers as part of the total workforce employed on a construction project. Social procurement targets also include local manufacture and supply of materials. The subject will examine the legal framework of social procurement clauses in contracts, and contemporary strategies employed by construction managers to meet those contractual obligations, including the use of specialist third-party providers to act as intermediaries. At the conclusion of the subject, students will be able to describe the expectations behind social procurement, investigate the obligations and consequences of social procurement targets in contracts, identify innovative construction methodologies that have community benefit beyond building, and propose and evaluate solutions to the challenge of social procurement.

View detailed information in the Handbook

Topics covered include:

• advanced life cycle based property asset management;
• economic modelling;
• asset management optimisation;
• functional and economic performance;
• standards;
• obsolescence;
• condition assessment;
• maintenance and refurbishment implications;
• market and income issues;
• property finance, accounting and taxation issues;
• risk analysis;
• public and private sector guidelines.

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

A series of case studies conducted in different countries or cities over four intensive weeks. Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost and accommodation is around AUD 5500 (AUD 2500 for travel and AUD 3000 for accommodation, food and local travel). One preferred/ recommended budget accommodation option in each of the cities will be provided.

Note: This subject includes a pre-teaching period. During the pre-teaching period students are expected to complete the course readings, review the lectures and any other course preparation as outlined on the LMS. The LMS will become available at the commencement of the pre-teaching dates.

View detailed information in the Handbook

A series of case studies will be conducted in one or two cities of an Asian country (chosen from China, Singapore, Indonesia, South Korea, and Japan), over two intensive weeks.

Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost is estimated to be about AUD 3000 (AUD 1200 for travel and AUD 1800 for accommodation, food, local travel and incidentals). One preferred/ recommended budget accommodation option will be provided.

Note:

• Travelling time: 29 June-10 July 2026
• The student will receive a $500 subsidy in 2026

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject explores planning and policy making for productive and competitive urban settlements by investigating the economic drivers, activities, and interrelationships of cities and regions. You will examine how making and moving of goods, services, and jobs shapes the vitality, structure and governance of cities and regions. Complex planning issues, requiring judgements about the competing demands of economic development and social needs, are associated with the growth and decline of sectors and places in their particular urban contexts. Various economic perspectives and examples are used to show and interpret how urban activities and sectors – such as manufacturing, transport, services, recreation, and creative activities – have locational and network impacts within and between cities. Special attention will be paid to comparative analysis and innovation in developing cities and regions, and to the implications of market failures and inequalities produced by economic development activities, and to crucial socio-economic agendas including Indigenous issues.

View detailed information in the Handbook

The subject concerns housing issues. The provision of housing is presented as a complex system of interplay between construction, finance, real estate and bureaucracy (and others). It considers the challenge of providing good homes to all within the context of consistent under-supply over decades and a policy preference for private sector delivery.

This subject has four components

1. The structure of housing provision. The roles and interplay between parts of the housing system including how markets work; the roles of developers, financiers, consumers and government; how the housing market works; supply, demand, role of property developers and the role of banks (including the growth of financialisation).
2. The contribution of housing form and planning for housing to the workings of cities.
3. The implications of market failure for certain population groups.
4. Low-income housing policy (e.g. social housing).

View detailed information in the Handbook

This subject aims to give students an understanding of the processes and issues relating to the transfer of freehold and leasehold interests in property with a commercial agency focus within the current legal and market context. The subject will be presented under three main themes:

1. real estate agency structures - legislation and agency practice, licensing, codes of ethics, consumer protection;
2. the management of an agency practice including trust accounts;
3. marketing and markets.

View detailed information in the Handbook

Urban Informatics is the study of cities using digital data, information, knowledge and models to understand trends, complexities and inform the formulation and evaluation of sustainable urban futures.

This subject aims to arm the student with the necessary fundamental concepts and practical understanding of the rise of the Smart City and how urban informatics can assist in evidenced-based and collaborative decision-making.

The new science of cities (Batty, 2013) is driven by the deluge of data that enables the mapping of the Smart City and new geographies that can be explored, analysed and synthesized. Planners, geographers, urban designers, landscape architects, spatial scientists and other disciplines interest in the urban settlements require a deeper knowledge of digital data and how to access, interrogate, visualize and synthesis such data to realise the vision of the smart and sustainable city.

This subject utilises the Australian Urban Research Infrastructure Network (AURIN) portal as an e-learning resource for exploring what is possible in emerging in the new discipline of urban informatics. Students will also be exposed to a range of other complementary digital environments including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Demographic ageing is creating a shift in how to think and define homes, cities and public spaces. This subject explores feasible and sustainable approaches to keep the older segment of the population physically and socially active. Innovative changes in design can lead to significant advancements in service delivery, transportation models and homes that allow people to age in place. In addition, design principles for dementia and palliative care are a few of the many concepts that help minimise stress on people as they age and their families. Students will explore these topics and develop their own ideas about the way design can optimise the ageing process for comfort, security and overall well-being.

View detailed information in the Handbook

Property is the choice of investors amongst many avenues of asset classes and constitutes a significant share of the global wealth. The economic performance of most developed countries is influenced by the performance of their real estate markets. The property investment has witnessed numerous cycles of growth and recession, and is now considered as a mature and sophisticated market. In order to attract even wider participation, and to meet the appetite of diverse range of investors, newer instruments (in particular) real estate derivatives, are being developed across the globe. While financial and commodity derivative products are being used widely, financial engineering in property is relatively recent. These products have the potential to offer better returns and diversification, while prone to significant risks as the potential to destabilize the operating environment is large. It would be imperative to have better risk management capacity to configure and utilize these instruments.

The aim of this subject is to expose you to the linkage between structured finance and property markets, and the functioning of financial engineering products prevalent in Property domain, in particular real estate derivates, and to equip you with knowledge, skills required to understand, analyse and value different derivative instruments

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Representing Spatial Information is the study of conveying insight gained through geospatial data and information. Upon completion, students will be able to communicate complex relations and insights through visual storytelling and concise graphics.

This subject will introduce students to fundamental concepts in spatial information and provide a practical understanding of the rise of the Smart City and how spatial information can assist in evidenced-based and collaborative decision-making.

Students will also be exposed to a range of digital environments, including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Spatial Analytics is the study of geospatial digital data, information, knowledge and models to understand trends, complexities and inform decision process. The subject explores approaches at the intersection of spatial information, statistics and spatial analytics to further students’ understanding of the built environment.

The new science of cities is driven by the deluge of data that enables the mapping of new geographies that can be explored, analysed and synthesized. Studies of urban settlements require a deeper knowledge of digital data and how to access, interrogate and synthesis such data.

A range of research methods will be taught in combination with case studies to provide fundamental skills in Python, spatial analysis and sharpen critical spatial and analytical thinking. At the end you will have a set of Jupyter Notebooks in Python that can be deployed in future cases such as health, urban planning and real estate for evidence-based decision making.

View detailed information in the Handbook

Realising The Knowledge Economy develops a holistic approach to the understanding and realisation of the urban knowledge economy, i.e., an urban development strategy that draws upon knowledge-intensive sectors and activities. In particular, the implications and impacts of this strategy in property development and management, the planning of housing and infrastructure, and the attraction of human capital and the (re)construction of our built environment will be critically discussed. The subject will cover the various theoretical bases for the centrality of knowledge to the performance of urban economies, these knowledge will be used to analyse different models of planning, development and management of key knowledge spaces. It will also cover how property, the labour market and our built environment react to a knowledge-based development strategy worldwide.

Adopting a student-led learning approach, this subject is designed to capitalise on the multi-disciplinary nature of the student cohort. It uses case studies, active discussions, interactive problem solving, scenario analysis, peer review and group work, among other teaching and learning activities. An essential part of this subject is a group fieldwork around Melbourne to collect data on selected innovation districts and precincts, which requires innovative applications of your learning

Incidental Cost

This subject involves site visit( field work). Students are required to pay for their own travel.

View detailed information in the Handbook

This subject further develops fundamental knowledge of real estate assets and markets, and applies learnings in context of technical modelling and evaluation of real estate assets, for redevelopment, valuation and asset repositioning. Topics covered include: advanced development feasibility; advanced asset valuation and advanced asset repositioning considerations. These topic areas are supplemented by development of advanced technical modelling skills utilizing proprietary software, providing students with the potential for external accreditation in commonly used industry software. Students are required to apply this knowledge and skills to a real-life case project and develop a range of potential solutions for optimization of the asset.

The subject has four aims:

1. Provide students with an advanced understanding of complex real estate challenges and identifying opportunities for repositioning or re-development of the asset;
2. Provide students with the ability to critically analyse real estate asset health using qualitative and quantitative frameworks and formulate a strategic plan and model these from a financial perspective;
3. To equip students with specialist expertise in technical skills to undertake advanced development feasibility, advanced property valuation and life-cycle analysis utilizing industry proprietary software;
4. Develop students capacity to critically analyse, design, create and propose new well-researched and financially modelled strategies for real estate assets.

View detailed information in the Handbook

This subject introduces the construction of detached and multi-unit low-rise residential buildings with an emphasis on Australian construction practices, standards, and methods. Students will develop relevant knowledge of local building techniques and compliance requirements applicable to the Australian residential construction sector. The key functions and performance requirements for the main elements are discussed in relation to material selection, structural design and construction methods.

This aim of this subject is to introduce students to the intersection of construction techniques, contemporary practice, building legislation, developments in sustainable design principles, and advancements in materials technology and their influence on the construction of low-rise residential buildings. This is particularly important for students who are entering the program without a cognate undergraduate degree. The subject also includes an introduction to services within a residential context, and discusses various topics related to building pathology and maintenance.

Incidental costs

Students will be required to purchase personal protective equipment (steel-toed boots, hard-hat, hi-vis vest and safety goggles); cost approx. $90 to $120 per person. Students may use equipment from a previous subject if these are in good working condition.

View detailed information in the Handbook

This subject provides a coverage of the different systems significant in the design of buildings, which are described in terms of 3 interlocking systems: human, mechanical and natural systems.

Human Systems
• Concepts of environmental comfort: heat, light and sound
• Occupational Health, Safety and Environment
• Post-Occupancy Evaluation

Mechanical Systems
• energy efficiency, alternative energy sources and energy management
• active solar heating and cooling systems;
• electrical, telecommunications, transportation and building management systems;
• air-conditioning system designs; refrigeration, heating and air handling plants;
• façade design, natural ventilation and mixed mode systems;
• displacement ventilation, evaporative cooling and radiant cooling systems;
• special servicing conditions
• acoustical design and noise control

Natural Systems
• passive design techniques for buildings
• waste and water treatment techniques, WSUD (water sensitive urban design)
• green infrastructure and ecological services
• integrated greenery – green roofs and vertical greenery

Sustainable building standards like Green Star and NABERS will also be introduced and used in the discourse of the lectures.

View detailed information in the Handbook

This subject provides an introduction to the nature and construction industry both locally and internationally. It investigates the roles and responsibilities of a range of industry stakeholders and introduces project procurement systems and contracts. Theories relating to management and project management and how they apply to the construction industry are presented. The subject then focuses on issues affecting the management of construction projects at the site level. An overview of production management and how it relates to the construction industry is provided along with consideration of issues affecting the efficient use of resources such as labour, subcontract labour, materials, plant and equipment. Labour productivity improvement techniques to such as work study and activity sampling are presented. Industrial relations, site safety and quality assurance are introduced along with construction project planning methods. Critical path scheduling is presented and the construction plan for a small scale building is undertaken.

View detailed information in the Handbook

This subject is an introduction to engineering materials, statics, mechanics, and structural systems designed for students without a background in engineering, construction or building. It provides a general understanding of engineering materials and discusses how these materials are used in construction. Concepts of mechanic of materials and structural systems will be discussed by drawing on examples in residential and low-rise construction. Various forms of structural systems for timber, reinforced concrete and steel construction will be investigated.

View detailed information in the Handbook

Steel and composite construction systems can take many forms when used to construct commercial or industrial buildings. This subject will introduce students to construction techniques and performance requirements that influence material selection for constructing low to medium rise office or apartment buildings, hospitals and institutional buildings, shopping centres and sporting facilities. Each project has characteristic structural forms and resultant methods of construction. Structural design concepts for steel, composite and hybrid construction systems are analysed and their influence on construction methods assessed. The topics covered include the interpretation of steel framed systems, industrial ground slabs, basement construction and site retention methods, piling systems and construction methods to suit various geotechnical conditions, composite construction, tilt slab construction methods, precast concrete building systems and hybrid floor construction systems.

Incidental costs

Students will be required to purchase personal protective equipment (steel-toed boots, hard-hat, hi-vis vest and safety goggles); Students may use equipment from a previous subject if these are in good working condition.

View detailed information in the Handbook

This subject deals with building works measurement and tendering processes. It provides students with the skills of pricing of measured items of building works and the building-up of unit rates for pricing.

Topics covered include computerised building measurement and documentation including the;

• Processes of preparing Bills of Quantities (BoQ), including on screen take off and types of bill formats and their uses;
• The use of Formulae, Trigonometry, Mensuration and Abbreviations to measure and describe building works;
• Basic principles of measurement and description of works: the use of Australian Standard Method of Measurement (ASMM) for producing construction tender documents;
• Measurement and description of specific Trades: Groundworks, Concrete work (including reinforcement and formwork), Masonry, Roofing, and Internal Finishes for simple residential building.

Prescribed software programs with no cost
RiB CostX Educational ver 6.9

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

This subject examines the principles and procedures for effective contract management from both clients’ and contractors’ perspectives. Practices and techniques of planning and managing a contract through to a successful conclusion are presented.

Topics include: development of legal framework for project delivery (contract formation – principles and philosophies of contract drafting); contract negotiation techniques and execution; contract performance, monitoring and enforcement; managing project close-out; relationship management during the construction phase; project procurement and allocation of risks; payment systems; contractual responsibilities and liabilities imposed by general conditions of contracts; construction delay claims management; conflict and dispute management.
The subject also examines alliancing and partnering contracts, performance-based contracts as well as contract management in the context of BIM-based projects.
Contract management software applications are used where applicable.

View detailed information in the Handbook

Construction of commercial and high-rise buildings relies heavily on the use of reinforced concrete for its structural components. This subject introduces students to reinforced concrete systems and techniques for constructing commercial and high-rise buildings. Students will be taught how to interpret information provided by the engineers’ reinforced concrete drawings and specifications that provides the necessary means to be able to transfer documented details into the physical built form. Students will investigate structural design concepts, structural behaviour and construction methods for reinforced concrete structural members. This includes reinforced concrete frames including slab and beam systems, prestressed concrete design concepts and introduction of hybrid wall construction systems and construction methods. Other related topics include exposed concrete surface finishes, sprayed concrete technology, concrete detailing and constructability.

View detailed information in the Handbook

An introduction to the principles and legal concepts that apply to the built environment professions and how this law develops and changes. The subject covers:

• the fundamentals of common law;
• liability in tort law for injury or loss caused to other people or their property;
• legally binding contracts, their terms, obligations and breaches. These concepts extend into construction contracts, standard forms of contract, liabilities, litigation and arbitration;
• concepts of property and ownership in Australia. The legal nature of land, improvements, fixtures and chattels, land registration systems and encumbrances. Co-ownership: subdivision, joint tenancy in common. licenses and leases. occupier's liability;
• planning law;
• environmental law;
• intellectual property covering copyright, patents and consultancy issues.

View detailed information in the Handbook

This Masters level subject is designed to introduce the fundamental concepts required for understanding how property markets function and/or operate, as well as the basic valuation techniques required for determining the value of real property.

It serves both the new 300 point Master of Property and the Graduate Diploma of Property Valuation, which are courses taught within the Melbourne School of Design.

This is a foundation subject and is meant for students who are relatively new to the property education. The emphasis of this subject is to introduce students to the main systems and relationships which govern the operation of property markets, with particular reference to the valuation of commercial property in Australia.

The subject examines market analysis and valuation techniques as they apply to real property. The main areas to be covered include:

• To set property within an economic context
• To examine property as a set of linked markets, functionally divided between use, investment and development
• To critically evaluate the role that regulations and planning play in the property markets
• Typical valuation processes focussing on direct comparison, direct capitalization method, discounted cash flow method and residual method.

View detailed information in the Handbook

This subject aims to provide a range of applied skills to operate as a property professional in the area of property valuation and management. The subject examines:

• ownership and use perspectives as they apply to investment, valuation and management of real property as a business;
• property classes, market sectors and specialised properties;
• managing the physical asset in the various ownership and use scenarios, including legal, OHS, risk management, environmental and market demands;
• lease income and management.

The application of quantitative methods in analysis will be emphasised. These will include: discounted cashflow analysis, real estate finance and financial analysis, post taxation analysis and securitisation.

View detailed information in the Handbook

This subject focuses on the nature of accounting from the perspective of the users of financial reports. In this subject, students will learn how to analyse and interpret financial information prepared by diverse businesses, both profit and not-for-profit. A key theme in the subject is to understand the relevance of accounting information for the decisions typically made by diverse stakeholders including financial analysts, bankers and shareholders as well as the strategic and operational decisions made by managers within the different businesses. This subject is designed to meet the needs of students from all disciplines, who seek to become more informed users of accounting information but who do not intend to pursue further studies in accounting.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject is designed to equip students with the tools necessary to enable them to make the core decisions faced by managers and investors. The first part of the subject deals with establishing the environment in which organizations operate, namely the objectives of the suppliers of financial and human capital. The subject then considers the basic tools commonly employed by financial managers and investors including discounted cash flow techniques and financial mathematics. Measures and definitions of alternative forms of risk are considered and the relation between risk and expected reward in capital markets is established. Finally, the subject considers the important decisions faced by firms (such as investment, financing and dividend policy) and by investors (the composition of their optimal portfolio of stocks).

View detailed information in the Handbook

This subject provides an introduction to the fundamentals of microeconomics, strategy and key issues in macroeconomics, and applies this knowledge to business and management issues. Topics to be covered include: the working of competitive markets; the operation of business organisations such as cost management and pricing decisions; strategic behaviour and market outcomes in different market environments; the effect of public policy on business organisations; and the main macroeconomic influences on the business environment.

View detailed information in the Handbook

This subject aims to give students an introduction to construction regulations including:

• relevant State and Commonwealth government legislation and the Building Code of Australia (including performance requirements, Deemed to Satisfy solutions and alternative solutions);
• fire technology including fire science, fire statistics, causes of fire, wildfire, fire prevention, fire containment, automatic fire detection, fire properties of materials, fire resistance levels, human movement and emergency egress, emergency warning systems, emergency lighting and controlling fire spread;
• an overview of the BCA Deemed to Satisfy fire related provisions and associated standards and codes;
• an introduction to fire safety engineering including analysing fire and smoke spread, use of computer tools, preparing alternative solutions, evaluating alternative solutions;
• an introduction to sustainable building practice in the context of the legislation, regulations standards and codes,

View detailed information in the Handbook

The subject examines the features and functions of various construction plant and temporary works employed in Australia and abroad, comparatively discussing their advantages and disadvantages to facilitate selection according to specific construction contexts. The historical development of construction methods and the factors behind their trends and innovation are also discussed.

View detailed information in the Handbook

Overview of the legal system in Australia:

• The concept of property and ownership in Australia
• Comparative land policy
• The general law and the Torrens land registration systems
• The legal nature of land: improvements, fixtures and chattels
• Encumbrances: easements, restrictive covenants, right
• Co-ownership: subdivision, joint tenancy in common
• Licenses and leases
• Contract, tort and agency
• Occupier's liability
• Impact of heritage legislation

View detailed information in the Handbook

This subject aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision making in property development. The subject integrates in the context of development climate change risk, sustainability, social and ethical considerations. The core content and competencies focus on:

• the development process and the major players;
• property market research and analysis;
• the decision to build;
• time value of money;
• appreciation of investment and market valuation methods;
• development appraisal including residual analysis and cash flow modelling;
• price and worth; risk, return and risk analysis.

This subject may involve the following software: ARGUS Estate Master, ARGUS Developer. Details of software availability and pricing are captured at https://msd.unimelb.edu.au/graduate-research/resources/it-support#software.

View detailed information in the Handbook

The subject will examine the economic, social, legal and political context of land and property by focusing on:
1. Local, national and global economies: the changing spatial dimensions of land and property markets.
2. Social significance: social meanings attached to land and property and their effects on economic behaviour.
3. Regulatory regimes and public involvement: the legal framework for property market activity and its economic implications.
4. Governance and policy processes: the political significance and policy implications of land and property.

Prescribed software programs with no cost
SSPS Statistics 26, SPSS Amos 26
Prescribed software programs with a cost
RStudio

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.

View detailed information in the Handbook

This subject builds on property fundamentals and valuation principles, and focuses on current research and practices in the real estate market for specialist property assets. The subject aims to introduce to you a range of applied knowledge and skills for property valuation analysis and evaluation, such as:

• Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
• Advanced financial analysis;
• Composition and functioning of the property lending market;
• Property lenders and lending products;
• The determination (and assessment of major determinants) of lending interest rate;
• Contemporary risk issues;
• Measurement of returns.

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

This subject builds on the general legal principles and methodologies covered in earlier subjects. It is tailored to the need for construction professionals enrolled in the Master of Construction Management, to have an advanced and integrated understanding of the role of law and its application to the industry.

Topics to be covered include: causes of action; contracting methodologies and selection (including traditional and alternative forms of contract); the regulatory framework (including security of payment legislation); legal aspects of time, cost and quality; subcontracting; insurance and performance security; and dispute resolution and avoidance.

Students interested generally in the Construction Law program in the Melbourne Law Masters are encouraged to explore the Construction Law subject selection PDF guide.

View detailed information in the Handbook

Successful project development depends on pro-active cost management from feasibility through to design, tender and construction, to the completion and useful life of the project. This subject examines applications of economics, management, law and statistical techniques to construction cost economics and management.

Topics include: advanced cost modelling techniques with parametric and probabilistic cost estimating methods; cost-in-use studies and life-cost approach to building evaluation (LCC in practice); feasibility studies and financial decision-making; value management; tender analysis; construction claims, conflict and dispute management; professional practice in quantity surveying including professional ethics; the role of quantity surveyors during construction as it affects the valuation of preliminaries, fluctuations, change orders and accounts, provisional sums and prime cost sums, as well as the role of quantity surveyors in risk assessment.

Principles of professional liability in quantity surveying practice as well as the impact of advanced digital technology such as Building Information Modelling on Cost management are also examined.

View detailed information in the Handbook

This subject aims to give students the knowledge of the cost planning processes involved in establishing and maintaining a client’s budget within the multiple constraints of time, cost and quality. It provides students with the skills needed to effectively monitor the budget for a building project as design evolves prior to actual construction.

This subject examines the allocation of costs to individual building elements as well as developing student’s appreciation of costs, overheads and allowances that are attributed to the overall project cost.

Topics covered include design economics, building morphology, sources and uses of cost data, the cost planning of engineering services, functional analysis, computerised estimating, cash flow forecasting, and the basics of costing sustainable building design features.

Prescribed software programs with a cost
RiB CostX 6.9

Details of software availability and pricing are captured at https://edsc.unimelb.edu.au/student-experience/it-support

View detailed information in the Handbook

As the real estate market becomes increasingly international, it is necessary to understand how specific national markets operate and how they relate to one another within an international system. With globalisation, capital flows with increasing ease between national economies, and many real estate market actors - users, investors, developers and financiers - now search for opportunities across national boundaries. Real estate services, such as agency or research, have become international in order to serve these requirements.

At the global level, the institutional environment of real estate is extremely diverse. There are wide national differences in the economic, political, social and legal contexts within which real estate markets operate. Variations in planning control, landlord and tenant law, methods of valuation, professional education, and the symbolic significance of landed property represent important examples, and there are many others. Real estate market analysis therefore has to translate between different systems, both literally in terms of working language and metaphorically in terms of differences in business practice and culture.

This subject is intended to provide a comprehensive analysis of international real estate markets examining the rationale for their existence and development, its links to economic change, international financial diversification and institutional adaptation. The subject also examines the role of, and changes in, business culture to provide an understanding of the behaviour of real estate markets. The subject allows comparison over time of real estate markets in different countries, showing differences in market characteristics and changes thereof. The entry of international companies and their role in market development is also examined.

View detailed information in the Handbook

This subject critically reviews established and emerging research areas in the field of construction. This is accompanied by an exposition of the underlying research objectives, the methods in use or required, and the challenges and limitations of the methods.

Designed as an advanced, hands-on introduction to the culture and protocols of disciplinary research in construction, the subject has two aims: 1) To equip students with the skills necessary to conduct rigorous and original research; 2) To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation of their choice.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and commencing the research. The product of their work constitutes the basis for original empirical research project conducted in ABPL90359 Research Practicum in Construction and forms an integral part of the final research report of that subject.

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

Topics covered in this subject include:

• The role of corporate property in the strategic management of the organisation;
• Property as a strategic asset;
• Corporate property strategies and their alignment with organisational strategy;
• Models of CRE management;
• Tenure decisions;
• CRE portfolio analysis;
• CRE projects as interventions in CRE portfolios;
• CREM and procurement;
• Measuring corporate property performance;
• Workplaces and CRE;
• National and international locational analysis and competition;
• CRE information and information systems.

View detailed information in the Handbook

This subject is an in-depth examination of property investment and financing strategy and decision-making, with a focus on cash flows, return, and value. Property investments are surveyed with emphases on the analysis of commercial real estate and the theory and methods of investment analysis in respect to tax and financial consequences. Financial and non-financial determinants of investment feasibility of income-producing property are covered. The subject covers a range of approaches used in financing of investment properties. A case-based approach facilitates student learnings in analysing investment and financing strategies as they are applied to real world scenarios. Students will learn financial modelling skills, the art of investment and financing decision making involving qualitative and quantitative skills, and considerations that add value to property assets and investment portfolios of investors

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Property Research and Analysis is a taught module that draws on theories and techniques to analyse various property-related research questions in an applied way through selected research-based studies demonstrating how these theories and techniques are applied. The specific focus on research in this subject provides the foundation for ABPL90362 Research Thesis – Property.

The subject has two aims:

1. To equip students with the skills necessary to conduct rigorous and original research;
2. To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation into a research topic determined by the student in conjunction with an academic supervisor. The academic supervisor will guide the student while undertaking ABPL90362 Research Thesis – Property.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and beginning implementation of the research. The output of students' work constitutes the basis for the empirical work conducted in ABPL90362 Research Thesis - Property and forms an integral part of the final research report of that subject.

Together ABPL90363 Property Research Analysis and ABPL90362 Research Thesis - Property meet the 25-point research pathway to PhD requirement.

Prescribed software programs with a cost
SPSS Statistics

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

This subject builds on knowledge from Measurement of Building Designs (CONS20002) and Cost Management (ABPL90312). It comprises automated measurement and quantification for cost planning and documentation of commercial building works. Topics include: measurement of substructure; superstructure; reinforced concrete structures including frames, columns, beams and slabs; stair in steel and concrete; doors and windows in timber and steel including ironmongery; glazing; floor, wall and ceiling finishing; painting and decorations; measurement of mechanical and electrical installation for commercial buildings. It also addresses unit rate estimating and project pricing in depth. The subject uses 3D Building Information Model (BIM) as a platform for project pricing using CostX Software. Students will be introduced to 3D Building Information Modeling using Autodesk Revit Architecture Software or GraphiSOFT Software as well as model analysis workflow with Solibri software.

View detailed information in the Handbook

The subject provides students with an opportunity to produce an ordered, critical exposition of autonomously gained knowledge, thus demonstrating proper understanding of the nature, development strategies and conventions of research work, with particular focus in their area of specialisation.

The subject concentrates on the middle to final stages of research: from implementation of a research plan, to effectively interpreting and presenting results of the research plan implemented. Seminar group and one-on-one meetings are held with the supervisor/coordinator, to allow students to exchange and/or obtain advice on their topics.

Knowledge and materials prepared in the ABPL90363 Property Research and Analysis are to inform the final research report.

View detailed information in the Handbook

Students enrolled in this subject will partner with a host organization to complete an industry-based research project. Firms may be based in the commercial property development, investment, valuation, management and consultancy fields. Students will be supervised by the Subject Coordinator in collaboration with a designated party at the host organisation. Students will work on a research topic chosen by the host organization and will spend no more than 12 days working at the host organization over the course of the subject. Work will be limited to that needed to complete the research project. The Industry-Based Research Project will enable students to extend and apply the knowledge acquired through the Master of Property coursework subjects, will provide students with a valuable professional experience, and will extend their professional networks. This project can be taken to fulfil the research requirement of the Master’s in Property and may replace ABPL90362 Research Thesis – Property

View detailed information in the Handbook

Organised as an advanced seminar, this subject examines management issues relating to contemporary businesses within the construction industry. The various models of organisations and corporate strategies to achieve competitive advantage are researched and explored. Management concepts such as financial analysis, competitive strategy, innovation, negotiation, leadership and corporate social responsibility are analysed and discussed in the context of a contemporary construction company. More recent developments such as knowledge management, relationship marketing, operations management, and supply chain management etc. are also examined. Academic research, industry reports and relevant business school case studies are used extensively.

Incidental costs

Students will be required to purchase Harvard Business School cases for approximately $55-60 per person.

View detailed information in the Handbook

This subject provides advanced knowledge and skills on the technological design, performance requirements, procurement, manufacturing and construction of building envelope systems and materials.

Considering facades and roofing systems from start to finish of the building process, the subject gives insight on the specificity of the facade construction industry as a key agent of the design and delivery of contemporary projects.

New knowledge is built from the properties and behaviour of materials commonly used in building envelopes (e.g. glass, metals, insulation, sealants) and the fitness for purpose of different façade and roofing configurations, systems and products.

Learning activities focus on detailed design and construction technology aspects informed by regulatory benchmarks and established design principles, including waterproofing, wind-effects, air-tightness, thermal control, fire safety, acoustics, durability and safety in operation.

Industry perspectives are considered from the different standpoints of designers, head contractors, sub-contractors and specialist consultants by exploring facade-specific case studies in procurement, environmental performance, design management, testing, prototyping, fabrication, installation, defect prevention and building maintenance.

View detailed information in the Handbook

This subject provides an insight into the issues currently facing the construction industry. It aims to develop an understanding and awareness of the complex nature of construction supply chains and how they may be better managed to improve productivity, value, efficiency and client satisfaction within the construction industry. The network of organisations involved, through upstream and downstream linkages, in the different processes and activities that contribute to the production of construction artifacts is explored. The subject provides an introduction to supply chain management and provides the skills and knowledge needed to map construction supply chains, identify critical nodes and suggest possible solutions for improving existing construction practices. Case studies, site visits and industry guests are used to demonstrate current local and international industry practices and provide examples of the application of supply chain management-related initiatives in real-world projects.

View detailed information in the Handbook

The subject will expose you to the latest international developments in prefabrication and its application within construction. You will develop an appreciation for how prefabrication can be used to minimise or avoid many of the issues currently faced by the construction industry as well as the environmental, financial and social benefits that are possible.

The construction and associated challenges and benefits of prefabrication will be demonstrated through a series of case studies and site visits.

The use of prefabrication in construction will be covered at various scales and levels of complexity, including an in-depth look at a range of componentised, panelised and modular construction systems.

You will also develop professional expertise in the analysis of prefabrication as an alternative approach to procurement within the construction industry.

View detailed information in the Handbook

The subject exposes students to construction procurement in a broad sense, by articulating and examining the legal and functional links between multiple contracting parties in project delivery. Different procurement methods with their associated contract types are introduced, and the theories and principles governing their selection discussed. To this end, decision support system tools that can facilitate the selection process are introduced and practiced with case studies. Ethics in procurement, public procurement concerns and strategies, as well as international differences in the use of procurement methods, are also covered.

View detailed information in the Handbook

This subject sets the context for an understanding of the operations of firms within the construction production process. This includes conducting statistical analysis of the data concerning construction. By analysing construction’s contribution to national income and its linkages to other sectors of the economy it is possible to draw conclusions and gain insights into the operations of firms involved in the production of the built environment.

View detailed information in the Handbook

In this subject, students will evaluate, select, and implement Artificial Intelligence (AI) technologies to solve complex construction challenges, develop strategic approaches to AI adoption in construction organisations, and communicate AI-driven solutions through professional documentation and artefacts suitable for diverse industry stakeholders. This subject examines the transformative applications of AI across the complete construction lifecycle, from initial design through to post-delivery asset management. Designed specifically for students from diverse disciplinary backgrounds with no programming prerequisites, the subject provides accessible pathways to implementing AI solutions in construction practice. The subject encompasses three integrated themes: (i) analysing foundational AI principles and their strategic implications for construction industry transformation; (ii) critically examining contemporary AI-enabled methodologies revolutionizing construction project delivery; and (iii) applying practical AI tools and methodologies to real-world construction challenges through case-based learning. The subject combines advanced seminar discussions with hands-on workshops, enabling students to gain both theoretical knowledge and practical competency in deploying AI solutions for enhanced construction outcomes.

View detailed information in the Handbook

The construction industry is not only one of the largest employment sectors globally but also one of the most dynamic and complex industrial settings. The industry relies heavily on the skill set of a wide range of workers who are employed within diverse industry settings. This subject investigates the effective management of construction’s most important resource – its people. Overall it explores the importance of human resource management (HRM) in order to develop a high level of consistency between organisational and individual needs.

The subject begins by looking at contextual factors which influence the supply of workers and the management of this resource. A history of industrial relations, as it relates to construction, is provided along with an examination of industrial relations on construction projects today. Employment legislation as it applies in the Australian context is also presented. Individual and team based theories and models of organisational behaviour are then examined and human resource management theories and their key functions are presented providing students with current theoretical approaches to people management. Issues specific to the construction industry such as communication and teamwork; conflict management, negotiation and resolution; employee motivation and retention; organisational and project cultures; ethics and ethical behaviour; equal opportunity and diversity; work-life balance; career development and mentoring are also covered. This subject covers briefly some aspects of occupational health and safety (OHS) of workers (for instance psychological risks) but not issues such as legislation, statutory responsibilities of employers or current theories within OHS management.

Note: Students are expected to complete up to 100 pages of course readings and any other course preparation as outlined on the LMS. The LMS will become available earlier than the start date of the subject.

View detailed information in the Handbook

Research skills are paramount in the increasingly specialised world we live in. This subject provides you with an opportunity to conduct research on a topic of your choice, pertaining to construction. You will be focusing on the middle to final stages of research: from research design to interpreting research results and presenting them in writing, graphically and orally. The subject uses seminars with all students to share knowledge and advancement but mostly capitalises on one-on-one mentoring and supervision from dedicated supervisors to progress your research. You will use and build upon knowledge and materials acquired and developed in Research in Construction (ABPL90358) to inform your final research thesis.

View detailed information in the Handbook

Design Management has developed an increasingly important role within the construction industry since the development of new project acquisition methods from the 1990s onwards. These recognise the importance of the integration of the design and construction processes, the emergence of the project management profession as well as the more specialised role of architects and engineers. This industry role, to coordinate a team of people within a defined framework with agreed goals to achieve a desired design outcome, has evolved within various organisational settings such as architectural and engineering practices, project management consultancies and construction contracting companies. The organisation of the design effort to produce a set of deliverables that achieve the functional, financial and time requirements expected by the relevant key stakeholders is at the core of the design manager’s role. This subject will investigate these roles and responsibilities within the different organisational environments and throughout the project’s lifecycle. In addition, the unique stakeholder relationships and expectations of the design manager acting on behalf of the client, consultant or contractor will be explored and a design management plan developed for a contemporary commercial building project.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Successful project development depends on pro-active cost management from feasibility through to design, tender and construction, to the completion and useful life of the project. This subject examines applications of economics, management, law and statistical techniques to construction cost economics and management.

Topics include: advanced cost modelling techniques with parametric and probabilistic cost estimating methods; cost-in-use studies and life-cost approach to building evaluation (LCC in practice); feasibility studies and financial decision-making; value management; tender analysis; construction claims, conflict and dispute management; professional practice in quantity surveying including professional ethics; the role of quantity surveyors during construction as it affects the valuation of preliminaries, fluctuations, change orders and accounts, provisional sums and prime cost sums, as well as the role of quantity surveyors in risk assessment.

Principles of professional liability in quantity surveying practice as well as the impact of advanced digital technology such as Building Information Modelling on Cost management are also examined.

View detailed information in the Handbook

Cities are responsible for more than 70% of energy use and associated greenhouse gas emissions. The operation of buildings alone represents around 40% of energy use in many developed economies. Reducing energy use and transitioning towards zero greenhouse emissions in the built environment is therefore critical to sustain the Earth’s ecosystems and the general environmental equilibrium of the planet. This is further recognised by the UN sustainability goals, namely Goal 11: Sustainable Cities and Communities. With a growing world population, most of which going to live in cities, addressing this current and upcoming challenge is paramount.

The aim of this subject is to equip students with the skills and knowledge required to analyse, quantify, visualise and improve the energy performance of buildings, neighbourhoods and cities, at different scales of the built environment, towards zero greenhouse gas emissions.

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Political Economy of Design seeks to position and discuss architecture in relation to the world of production, economic interests and community benefits, at a local and global scale. By integrating yet moving beyond the stylistic, technological or sociological aspects of the discipline, the discussion reviews the industrial elements that are likely to affect programmatic objectives, formal directions and technical outcomes of building projects. Such discussion has a strong comparative bent, and is coloured by the notion of innovation - what it means from a social, technical and cultural point of view, and how it enters and affects different building markets. Attention is directed at understanding the distinction between innovation on one side and invention and technological change on the other. In this context, architecture's connection with planning and building disciplines is examined and criticised in the attempt to formulate a strategic framework for its use as an environmental policy instrument.

The subject has a lecture component and a research component. The lecture component provides a general theoretical framework largely borrowed from political economy, industrial theory, innovation theory and labour studies literature, but adapted to the analysis of the design and building sector. The research component seeks to apply the elements of this framework to a specific situation providing opportunities for applied research.

View detailed information in the Handbook

This subject aims to give students the knowledge of the cost planning processes involved in establishing and maintaining a client’s budget within the multiple constraints of time, cost and quality. It provides students with the skills needed to effectively monitor the budget for a building project as design evolves prior to actual construction.

This subject examines the allocation of costs to individual building elements as well as developing student’s appreciation of costs, overheads and allowances that are attributed to the overall project cost.

Topics covered include design economics, building morphology, sources and uses of cost data, the cost planning of engineering services, functional analysis, computerised estimating, cash flow forecasting, and the basics of costing sustainable building design features.

Prescribed software programs with a cost
RiB CostX 6.9

Details of software availability and pricing are captured at https://edsc.unimelb.edu.au/student-experience/it-support

View detailed information in the Handbook

Drawing from the lean principles originating in the Toyota Production System (TPS), lean practices have gained popularity in the construction industry (known as lean construction). Lean construction enhances value on projects and uncovers wasted resources. It has the potential to help owner organisations, contractors, and subcontractors to realise improvements in project delivery—including in terms of cost, schedule, quality, and productivity. This subject aims to develop students’ knowledge and understanding of lean construction as a philosophy, a bundle of lean tools, and a problem-solving culture which forms the lean construction body of knowledge. Key topics include lean philosophy, lean tools, and lean practices, and how they apply to construction in a national and international context.

View detailed information in the Handbook

Students will gain the ability to analyse the use of materials and the means of constructing buildings from antiquity on, but with particular reference to the nineteenth and twentieth centuries. Class activities will focus on the comparison of equivalent materials and trades between different cultures, and explore the transmission of skills, building processes and techniques from one to another.

View detailed information in the Handbook

Topics covered include:

• advanced life cycle based property asset management;
• economic modelling;
• asset management optimisation;
• functional and economic performance;
• standards;
• obsolescence;
• condition assessment;
• maintenance and refurbishment implications;
• market and income issues;
• property finance, accounting and taxation issues;
• risk analysis;
• public and private sector guidelines.

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

A series of case studies conducted in different countries or cities over four intensive weeks. Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost and accommodation is around AUD 5500 (AUD 2500 for travel and AUD 3000 for accommodation, food and local travel). One preferred/ recommended budget accommodation option in each of the cities will be provided.

Note: This subject includes a pre-teaching period. During the pre-teaching period students are expected to complete the course readings, review the lectures and any other course preparation as outlined on the LMS. The LMS will become available at the commencement of the pre-teaching dates.

View detailed information in the Handbook

A series of case studies will be conducted in one or two cities of an Asian country (chosen from China, Singapore, Indonesia, South Korea, and Japan), over two intensive weeks.

Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost is estimated to be about AUD 3000 (AUD 1200 for travel and AUD 1800 for accommodation, food, local travel and incidentals). One preferred/ recommended budget accommodation option will be provided.

Note:

• Travelling time: 29 June-10 July 2026
• The student will receive a $500 subsidy in 2026

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject explores planning and policy making for productive and competitive urban settlements by investigating the economic drivers, activities, and interrelationships of cities and regions. You will examine how making and moving of goods, services, and jobs shapes the vitality, structure and governance of cities and regions. Complex planning issues, requiring judgements about the competing demands of economic development and social needs, are associated with the growth and decline of sectors and places in their particular urban contexts. Various economic perspectives and examples are used to show and interpret how urban activities and sectors – such as manufacturing, transport, services, recreation, and creative activities – have locational and network impacts within and between cities. Special attention will be paid to comparative analysis and innovation in developing cities and regions, and to the implications of market failures and inequalities produced by economic development activities, and to crucial socio-economic agendas including Indigenous issues.

View detailed information in the Handbook

The subject concerns housing issues. The provision of housing is presented as a complex system of interplay between construction, finance, real estate and bureaucracy (and others). It considers the challenge of providing good homes to all within the context of consistent under-supply over decades and a policy preference for private sector delivery.

This subject has four components

1. The structure of housing provision. The roles and interplay between parts of the housing system including how markets work; the roles of developers, financiers, consumers and government; how the housing market works; supply, demand, role of property developers and the role of banks (including the growth of financialisation).
2. The contribution of housing form and planning for housing to the workings of cities.
3. The implications of market failure for certain population groups.
4. Low-income housing policy (e.g. social housing).

View detailed information in the Handbook

This subject aims to give students an understanding of the processes and issues relating to the transfer of freehold and leasehold interests in property with a commercial agency focus within the current legal and market context. The subject will be presented under three main themes:

1. real estate agency structures - legislation and agency practice, licensing, codes of ethics, consumer protection;
2. the management of an agency practice including trust accounts;
3. marketing and markets.

View detailed information in the Handbook

Urban Informatics is the study of cities using digital data, information, knowledge and models to understand trends, complexities and inform the formulation and evaluation of sustainable urban futures.

This subject aims to arm the student with the necessary fundamental concepts and practical understanding of the rise of the Smart City and how urban informatics can assist in evidenced-based and collaborative decision-making.

The new science of cities (Batty, 2013) is driven by the deluge of data that enables the mapping of the Smart City and new geographies that can be explored, analysed and synthesized. Planners, geographers, urban designers, landscape architects, spatial scientists and other disciplines interest in the urban settlements require a deeper knowledge of digital data and how to access, interrogate, visualize and synthesis such data to realise the vision of the smart and sustainable city.

This subject utilises the Australian Urban Research Infrastructure Network (AURIN) portal as an e-learning resource for exploring what is possible in emerging in the new discipline of urban informatics. Students will also be exposed to a range of other complementary digital environments including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Demographic ageing is creating a shift in how to think and define homes, cities and public spaces. This subject explores feasible and sustainable approaches to keep the older segment of the population physically and socially active. Innovative changes in design can lead to significant advancements in service delivery, transportation models and homes that allow people to age in place. In addition, design principles for dementia and palliative care are a few of the many concepts that help minimise stress on people as they age and their families. Students will explore these topics and develop their own ideas about the way design can optimise the ageing process for comfort, security and overall well-being.

View detailed information in the Handbook

Property is the choice of investors amongst many avenues of asset classes and constitutes a significant share of the global wealth. The economic performance of most developed countries is influenced by the performance of their real estate markets. The property investment has witnessed numerous cycles of growth and recession, and is now considered as a mature and sophisticated market. In order to attract even wider participation, and to meet the appetite of diverse range of investors, newer instruments (in particular) real estate derivatives, are being developed across the globe. While financial and commodity derivative products are being used widely, financial engineering in property is relatively recent. These products have the potential to offer better returns and diversification, while prone to significant risks as the potential to destabilize the operating environment is large. It would be imperative to have better risk management capacity to configure and utilize these instruments.

The aim of this subject is to expose you to the linkage between structured finance and property markets, and the functioning of financial engineering products prevalent in Property domain, in particular real estate derivates, and to equip you with knowledge, skills required to understand, analyse and value different derivative instruments

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Representing Spatial Information is the study of conveying insight gained through geospatial data and information. Upon completion, students will be able to communicate complex relations and insights through visual storytelling and concise graphics.

This subject will introduce students to fundamental concepts in spatial information and provide a practical understanding of the rise of the Smart City and how spatial information can assist in evidenced-based and collaborative decision-making.

Students will also be exposed to a range of digital environments, including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Spatial Analytics is the study of geospatial digital data, information, knowledge and models to understand trends, complexities and inform decision process. The subject explores approaches at the intersection of spatial information, statistics and spatial analytics to further students’ understanding of the built environment.

The new science of cities is driven by the deluge of data that enables the mapping of new geographies that can be explored, analysed and synthesized. Studies of urban settlements require a deeper knowledge of digital data and how to access, interrogate and synthesis such data.

A range of research methods will be taught in combination with case studies to provide fundamental skills in Python, spatial analysis and sharpen critical spatial and analytical thinking. At the end you will have a set of Jupyter Notebooks in Python that can be deployed in future cases such as health, urban planning and real estate for evidence-based decision making.

View detailed information in the Handbook

Realising The Knowledge Economy develops a holistic approach to the understanding and realisation of the urban knowledge economy, i.e., an urban development strategy that draws upon knowledge-intensive sectors and activities. In particular, the implications and impacts of this strategy in property development and management, the planning of housing and infrastructure, and the attraction of human capital and the (re)construction of our built environment will be critically discussed. The subject will cover the various theoretical bases for the centrality of knowledge to the performance of urban economies, these knowledge will be used to analyse different models of planning, development and management of key knowledge spaces. It will also cover how property, the labour market and our built environment react to a knowledge-based development strategy worldwide.

Adopting a student-led learning approach, this subject is designed to capitalise on the multi-disciplinary nature of the student cohort. It uses case studies, active discussions, interactive problem solving, scenario analysis, peer review and group work, among other teaching and learning activities. An essential part of this subject is a group fieldwork around Melbourne to collect data on selected innovation districts and precincts, which requires innovative applications of your learning

Incidental Cost

This subject involves site visit( field work). Students are required to pay for their own travel.

View detailed information in the Handbook

This subject further develops fundamental knowledge of real estate assets and markets, and applies learnings in context of technical modelling and evaluation of real estate assets, for redevelopment, valuation and asset repositioning. Topics covered include: advanced development feasibility; advanced asset valuation and advanced asset repositioning considerations. These topic areas are supplemented by development of advanced technical modelling skills utilizing proprietary software, providing students with the potential for external accreditation in commonly used industry software. Students are required to apply this knowledge and skills to a real-life case project and develop a range of potential solutions for optimization of the asset.

The subject has four aims:

1. Provide students with an advanced understanding of complex real estate challenges and identifying opportunities for repositioning or re-development of the asset;
2. Provide students with the ability to critically analyse real estate asset health using qualitative and quantitative frameworks and formulate a strategic plan and model these from a financial perspective;
3. To equip students with specialist expertise in technical skills to undertake advanced development feasibility, advanced property valuation and life-cycle analysis utilizing industry proprietary software;
4. Develop students capacity to critically analyse, design, create and propose new well-researched and financially modelled strategies for real estate assets.

View detailed information in the Handbook

This subject introduces the construction of detached and multi-unit low-rise residential buildings with an emphasis on Australian construction practices, standards, and methods. Students will develop relevant knowledge of local building techniques and compliance requirements applicable to the Australian residential construction sector. The key functions and performance requirements for the main elements are discussed in relation to material selection, structural design and construction methods.

This aim of this subject is to introduce students to the intersection of construction techniques, contemporary practice, building legislation, developments in sustainable design principles, and advancements in materials technology and their influence on the construction of low-rise residential buildings. This is particularly important for students who are entering the program without a cognate undergraduate degree. The subject also includes an introduction to services within a residential context, and discusses various topics related to building pathology and maintenance.

Incidental costs

Students will be required to purchase personal protective equipment (steel-toed boots, hard-hat, hi-vis vest and safety goggles); cost approx. $90 to $120 per person. Students may use equipment from a previous subject if these are in good working condition.

View detailed information in the Handbook

This subject provides a coverage of the different systems significant in the design of buildings, which are described in terms of 3 interlocking systems: human, mechanical and natural systems.

Human Systems
• Concepts of environmental comfort: heat, light and sound
• Occupational Health, Safety and Environment
• Post-Occupancy Evaluation

Mechanical Systems
• energy efficiency, alternative energy sources and energy management
• active solar heating and cooling systems;
• electrical, telecommunications, transportation and building management systems;
• air-conditioning system designs; refrigeration, heating and air handling plants;
• façade design, natural ventilation and mixed mode systems;
• displacement ventilation, evaporative cooling and radiant cooling systems;
• special servicing conditions
• acoustical design and noise control

Natural Systems
• passive design techniques for buildings
• waste and water treatment techniques, WSUD (water sensitive urban design)
• green infrastructure and ecological services
• integrated greenery – green roofs and vertical greenery

Sustainable building standards like Green Star and NABERS will also be introduced and used in the discourse of the lectures.

View detailed information in the Handbook

This subject provides an introduction to the nature and construction industry both locally and internationally. It investigates the roles and responsibilities of a range of industry stakeholders and introduces project procurement systems and contracts. Theories relating to management and project management and how they apply to the construction industry are presented. The subject then focuses on issues affecting the management of construction projects at the site level. An overview of production management and how it relates to the construction industry is provided along with consideration of issues affecting the efficient use of resources such as labour, subcontract labour, materials, plant and equipment. Labour productivity improvement techniques to such as work study and activity sampling are presented. Industrial relations, site safety and quality assurance are introduced along with construction project planning methods. Critical path scheduling is presented and the construction plan for a small scale building is undertaken.

View detailed information in the Handbook

This subject is an introduction to engineering materials, statics, mechanics, and structural systems designed for students without a background in engineering, construction or building. It provides a general understanding of engineering materials and discusses how these materials are used in construction. Concepts of mechanic of materials and structural systems will be discussed by drawing on examples in residential and low-rise construction. Various forms of structural systems for timber, reinforced concrete and steel construction will be investigated.

View detailed information in the Handbook

Steel and composite construction systems can take many forms when used to construct commercial or industrial buildings. This subject will introduce students to construction techniques and performance requirements that influence material selection for constructing low to medium rise office or apartment buildings, hospitals and institutional buildings, shopping centres and sporting facilities. Each project has characteristic structural forms and resultant methods of construction. Structural design concepts for steel, composite and hybrid construction systems are analysed and their influence on construction methods assessed. The topics covered include the interpretation of steel framed systems, industrial ground slabs, basement construction and site retention methods, piling systems and construction methods to suit various geotechnical conditions, composite construction, tilt slab construction methods, precast concrete building systems and hybrid floor construction systems.

Incidental costs

Students will be required to purchase personal protective equipment (steel-toed boots, hard-hat, hi-vis vest and safety goggles); Students may use equipment from a previous subject if these are in good working condition.

View detailed information in the Handbook

This subject deals with building works measurement and tendering processes. It provides students with the skills of pricing of measured items of building works and the building-up of unit rates for pricing.

Topics covered include computerised building measurement and documentation including the;

• Processes of preparing Bills of Quantities (BoQ), including on screen take off and types of bill formats and their uses;
• The use of Formulae, Trigonometry, Mensuration and Abbreviations to measure and describe building works;
• Basic principles of measurement and description of works: the use of Australian Standard Method of Measurement (ASMM) for producing construction tender documents;
• Measurement and description of specific Trades: Groundworks, Concrete work (including reinforcement and formwork), Masonry, Roofing, and Internal Finishes for simple residential building.

Prescribed software programs with no cost
RiB CostX Educational ver 6.9

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

This subject examines the principles and procedures for effective contract management from both clients’ and contractors’ perspectives. Practices and techniques of planning and managing a contract through to a successful conclusion are presented.

Topics include: development of legal framework for project delivery (contract formation – principles and philosophies of contract drafting); contract negotiation techniques and execution; contract performance, monitoring and enforcement; managing project close-out; relationship management during the construction phase; project procurement and allocation of risks; payment systems; contractual responsibilities and liabilities imposed by general conditions of contracts; construction delay claims management; conflict and dispute management.
The subject also examines alliancing and partnering contracts, performance-based contracts as well as contract management in the context of BIM-based projects.
Contract management software applications are used where applicable.

View detailed information in the Handbook

Construction of commercial and high-rise buildings relies heavily on the use of reinforced concrete for its structural components. This subject introduces students to reinforced concrete systems and techniques for constructing commercial and high-rise buildings. Students will be taught how to interpret information provided by the engineers’ reinforced concrete drawings and specifications that provides the necessary means to be able to transfer documented details into the physical built form. Students will investigate structural design concepts, structural behaviour and construction methods for reinforced concrete structural members. This includes reinforced concrete frames including slab and beam systems, prestressed concrete design concepts and introduction of hybrid wall construction systems and construction methods. Other related topics include exposed concrete surface finishes, sprayed concrete technology, concrete detailing and constructability.

View detailed information in the Handbook

An introduction to the principles and legal concepts that apply to the built environment professions and how this law develops and changes. The subject covers:

• the fundamentals of common law;
• liability in tort law for injury or loss caused to other people or their property;
• legally binding contracts, their terms, obligations and breaches. These concepts extend into construction contracts, standard forms of contract, liabilities, litigation and arbitration;
• concepts of property and ownership in Australia. The legal nature of land, improvements, fixtures and chattels, land registration systems and encumbrances. Co-ownership: subdivision, joint tenancy in common. licenses and leases. occupier's liability;
• planning law;
• environmental law;
• intellectual property covering copyright, patents and consultancy issues.

View detailed information in the Handbook

This Masters level subject is designed to introduce the fundamental concepts required for understanding how property markets function and/or operate, as well as the basic valuation techniques required for determining the value of real property.

It serves both the new 300 point Master of Property and the Graduate Diploma of Property Valuation, which are courses taught within the Melbourne School of Design.

This is a foundation subject and is meant for students who are relatively new to the property education. The emphasis of this subject is to introduce students to the main systems and relationships which govern the operation of property markets, with particular reference to the valuation of commercial property in Australia.

The subject examines market analysis and valuation techniques as they apply to real property. The main areas to be covered include:

• To set property within an economic context
• To examine property as a set of linked markets, functionally divided between use, investment and development
• To critically evaluate the role that regulations and planning play in the property markets
• Typical valuation processes focussing on direct comparison, direct capitalization method, discounted cash flow method and residual method.

View detailed information in the Handbook

This subject aims to provide a range of applied skills to operate as a property professional in the area of property valuation and management. The subject examines:

• ownership and use perspectives as they apply to investment, valuation and management of real property as a business;
• property classes, market sectors and specialised properties;
• managing the physical asset in the various ownership and use scenarios, including legal, OHS, risk management, environmental and market demands;
• lease income and management.

The application of quantitative methods in analysis will be emphasised. These will include: discounted cashflow analysis, real estate finance and financial analysis, post taxation analysis and securitisation.

View detailed information in the Handbook

This subject focuses on the nature of accounting from the perspective of the users of financial reports. In this subject, students will learn how to analyse and interpret financial information prepared by diverse businesses, both profit and not-for-profit. A key theme in the subject is to understand the relevance of accounting information for the decisions typically made by diverse stakeholders including financial analysts, bankers and shareholders as well as the strategic and operational decisions made by managers within the different businesses. This subject is designed to meet the needs of students from all disciplines, who seek to become more informed users of accounting information but who do not intend to pursue further studies in accounting.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject is designed to equip students with the tools necessary to enable them to make the core decisions faced by managers and investors. The first part of the subject deals with establishing the environment in which organizations operate, namely the objectives of the suppliers of financial and human capital. The subject then considers the basic tools commonly employed by financial managers and investors including discounted cash flow techniques and financial mathematics. Measures and definitions of alternative forms of risk are considered and the relation between risk and expected reward in capital markets is established. Finally, the subject considers the important decisions faced by firms (such as investment, financing and dividend policy) and by investors (the composition of their optimal portfolio of stocks).

View detailed information in the Handbook

This subject provides an introduction to the fundamentals of microeconomics, strategy and key issues in macroeconomics, and applies this knowledge to business and management issues. Topics to be covered include: the working of competitive markets; the operation of business organisations such as cost management and pricing decisions; strategic behaviour and market outcomes in different market environments; the effect of public policy on business organisations; and the main macroeconomic influences on the business environment.

View detailed information in the Handbook

This subject aims to give students an introduction to construction regulations including:

• relevant State and Commonwealth government legislation and the Building Code of Australia (including performance requirements, Deemed to Satisfy solutions and alternative solutions);
• fire technology including fire science, fire statistics, causes of fire, wildfire, fire prevention, fire containment, automatic fire detection, fire properties of materials, fire resistance levels, human movement and emergency egress, emergency warning systems, emergency lighting and controlling fire spread;
• an overview of the BCA Deemed to Satisfy fire related provisions and associated standards and codes;
• an introduction to fire safety engineering including analysing fire and smoke spread, use of computer tools, preparing alternative solutions, evaluating alternative solutions;
• an introduction to sustainable building practice in the context of the legislation, regulations standards and codes,

View detailed information in the Handbook

The subject examines the features and functions of various construction plant and temporary works employed in Australia and abroad, comparatively discussing their advantages and disadvantages to facilitate selection according to specific construction contexts. The historical development of construction methods and the factors behind their trends and innovation are also discussed.

View detailed information in the Handbook

Overview of the legal system in Australia:

• The concept of property and ownership in Australia
• Comparative land policy
• The general law and the Torrens land registration systems
• The legal nature of land: improvements, fixtures and chattels
• Encumbrances: easements, restrictive covenants, right
• Co-ownership: subdivision, joint tenancy in common
• Licenses and leases
• Contract, tort and agency
• Occupier's liability
• Impact of heritage legislation

View detailed information in the Handbook

This subject aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision making in property development. The subject integrates in the context of development climate change risk, sustainability, social and ethical considerations. The core content and competencies focus on:

• the development process and the major players;
• property market research and analysis;
• the decision to build;
• time value of money;
• appreciation of investment and market valuation methods;
• development appraisal including residual analysis and cash flow modelling;
• price and worth; risk, return and risk analysis.

This subject may involve the following software: ARGUS Estate Master, ARGUS Developer. Details of software availability and pricing are captured at https://msd.unimelb.edu.au/graduate-research/resources/it-support#software.

View detailed information in the Handbook

The subject will examine the economic, social, legal and political context of land and property by focusing on:
1. Local, national and global economies: the changing spatial dimensions of land and property markets.
2. Social significance: social meanings attached to land and property and their effects on economic behaviour.
3. Regulatory regimes and public involvement: the legal framework for property market activity and its economic implications.
4. Governance and policy processes: the political significance and policy implications of land and property.

Prescribed software programs with no cost
SSPS Statistics 26, SPSS Amos 26
Prescribed software programs with a cost
RStudio

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.

View detailed information in the Handbook

This subject builds on property fundamentals and valuation principles, and focuses on current research and practices in the real estate market for specialist property assets. The subject aims to introduce to you a range of applied knowledge and skills for property valuation analysis and evaluation, such as:

• Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
• Advanced financial analysis;
• Composition and functioning of the property lending market;
• Property lenders and lending products;
• The determination (and assessment of major determinants) of lending interest rate;
• Contemporary risk issues;
• Measurement of returns.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

This subject builds on the general legal principles and methodologies covered in earlier subjects. It is tailored to the need for construction professionals enrolled in the Master of Construction Management, to have an advanced and integrated understanding of the role of law and its application to the industry.

Topics to be covered include: causes of action; contracting methodologies and selection (including traditional and alternative forms of contract); the regulatory framework (including security of payment legislation); legal aspects of time, cost and quality; subcontracting; insurance and performance security; and dispute resolution and avoidance.

Students interested generally in the Construction Law program in the Melbourne Law Masters are encouraged to explore the Construction Law subject selection PDF guide.

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Through an introduction to details of construction scheduling techniques and use of professional scheduling tools, this subject articulates the clear processes of logical development of time program for construction activities in projects. Real-life case projects are used for students to explore the concepts of activity definition, activity sequencing, resource allocation and resource leveling in the time schedule development process. Organised as a working seminar, the subject exposes students to clear visualisation of the construction processes and logical placement of construction activities whilst enabling them to understand underlying constraints in the schedule development context.

Prescribed software programs with no cost
Primavera

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

As the real estate market becomes increasingly international, it is necessary to understand how specific national markets operate and how they relate to one another within an international system. With globalisation, capital flows with increasing ease between national economies, and many real estate market actors - users, investors, developers and financiers - now search for opportunities across national boundaries. Real estate services, such as agency or research, have become international in order to serve these requirements.

At the global level, the institutional environment of real estate is extremely diverse. There are wide national differences in the economic, political, social and legal contexts within which real estate markets operate. Variations in planning control, landlord and tenant law, methods of valuation, professional education, and the symbolic significance of landed property represent important examples, and there are many others. Real estate market analysis therefore has to translate between different systems, both literally in terms of working language and metaphorically in terms of differences in business practice and culture.

This subject is intended to provide a comprehensive analysis of international real estate markets examining the rationale for their existence and development, its links to economic change, international financial diversification and institutional adaptation. The subject also examines the role of, and changes in, business culture to provide an understanding of the behaviour of real estate markets. The subject allows comparison over time of real estate markets in different countries, showing differences in market characteristics and changes thereof. The entry of international companies and their role in market development is also examined.

View detailed information in the Handbook

This subject critically reviews established and emerging research areas in the field of construction. This is accompanied by an exposition of the underlying research objectives, the methods in use or required, and the challenges and limitations of the methods.

Designed as an advanced, hands-on introduction to the culture and protocols of disciplinary research in construction, the subject has two aims: 1) To equip students with the skills necessary to conduct rigorous and original research; 2) To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation of their choice.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and commencing the research. The product of their work constitutes the basis for original empirical research project conducted in ABPL90359 Research Practicum in Construction and forms an integral part of the final research report of that subject.

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

Topics covered in this subject include:

• The role of corporate property in the strategic management of the organisation;
• Property as a strategic asset;
• Corporate property strategies and their alignment with organisational strategy;
• Models of CRE management;
• Tenure decisions;
• CRE portfolio analysis;
• CRE projects as interventions in CRE portfolios;
• CREM and procurement;
• Measuring corporate property performance;
• Workplaces and CRE;
• National and international locational analysis and competition;
• CRE information and information systems.

View detailed information in the Handbook

This subject is an in-depth examination of property investment and financing strategy and decision-making, with a focus on cash flows, return, and value. Property investments are surveyed with emphases on the analysis of commercial real estate and the theory and methods of investment analysis in respect to tax and financial consequences. Financial and non-financial determinants of investment feasibility of income-producing property are covered. The subject covers a range of approaches used in financing of investment properties. A case-based approach facilitates student learnings in analysing investment and financing strategies as they are applied to real world scenarios. Students will learn financial modelling skills, the art of investment and financing decision making involving qualitative and quantitative skills, and considerations that add value to property assets and investment portfolios of investors

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Property Research and Analysis is a taught module that draws on theories and techniques to analyse various property-related research questions in an applied way through selected research-based studies demonstrating how these theories and techniques are applied. The specific focus on research in this subject provides the foundation for ABPL90362 Research Thesis – Property.

The subject has two aims:

1. To equip students with the skills necessary to conduct rigorous and original research;
2. To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation into a research topic determined by the student in conjunction with an academic supervisor. The academic supervisor will guide the student while undertaking ABPL90362 Research Thesis – Property.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and beginning implementation of the research. The output of students' work constitutes the basis for the empirical work conducted in ABPL90362 Research Thesis - Property and forms an integral part of the final research report of that subject.

Together ABPL90363 Property Research Analysis and ABPL90362 Research Thesis - Property meet the 25-point research pathway to PhD requirement.

Prescribed software programs with a cost
SPSS Statistics

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

This subject builds on knowledge from Measurement of Building Designs (CONS20002) and Cost Management (ABPL90312). It comprises automated measurement and quantification for cost planning and documentation of commercial building works. Topics include: measurement of substructure; superstructure; reinforced concrete structures including frames, columns, beams and slabs; stair in steel and concrete; doors and windows in timber and steel including ironmongery; glazing; floor, wall and ceiling finishing; painting and decorations; measurement of mechanical and electrical installation for commercial buildings. It also addresses unit rate estimating and project pricing in depth. The subject uses 3D Building Information Model (BIM) as a platform for project pricing using CostX Software. Students will be introduced to 3D Building Information Modeling using Autodesk Revit Architecture Software or GraphiSOFT Software as well as model analysis workflow with Solibri software.

View detailed information in the Handbook

The subject provides students with an opportunity to produce an ordered, critical exposition of autonomously gained knowledge, thus demonstrating proper understanding of the nature, development strategies and conventions of research work, with particular focus in their area of specialisation.

The subject concentrates on the middle to final stages of research: from implementation of a research plan, to effectively interpreting and presenting results of the research plan implemented. Seminar group and one-on-one meetings are held with the supervisor/coordinator, to allow students to exchange and/or obtain advice on their topics.

Knowledge and materials prepared in the ABPL90363 Property Research and Analysis are to inform the final research report.

View detailed information in the Handbook

Students enrolled in this subject will partner with a host organization to complete an industry-based research project. Firms may be based in the commercial property development, investment, valuation, management and consultancy fields. Students will be supervised by the Subject Coordinator in collaboration with a designated party at the host organisation. Students will work on a research topic chosen by the host organization and will spend no more than 12 days working at the host organization over the course of the subject. Work will be limited to that needed to complete the research project. The Industry-Based Research Project will enable students to extend and apply the knowledge acquired through the Master of Property coursework subjects, will provide students with a valuable professional experience, and will extend their professional networks. This project can be taken to fulfil the research requirement of the Master’s in Property and may replace ABPL90362 Research Thesis – Property

View detailed information in the Handbook

Organised as an advanced seminar, this subject examines management issues relating to contemporary businesses within the construction industry. The various models of organisations and corporate strategies to achieve competitive advantage are researched and explored. Management concepts such as financial analysis, competitive strategy, innovation, negotiation, leadership and corporate social responsibility are analysed and discussed in the context of a contemporary construction company. More recent developments such as knowledge management, relationship marketing, operations management, and supply chain management etc. are also examined. Academic research, industry reports and relevant business school case studies are used extensively.

Incidental costs

Students will be required to purchase Harvard Business School cases for approximately $55-60 per person.

View detailed information in the Handbook

This subject provides advanced knowledge and skills on the technological design, performance requirements, procurement, manufacturing and construction of building envelope systems and materials.

Considering facades and roofing systems from start to finish of the building process, the subject gives insight on the specificity of the facade construction industry as a key agent of the design and delivery of contemporary projects.

New knowledge is built from the properties and behaviour of materials commonly used in building envelopes (e.g. glass, metals, insulation, sealants) and the fitness for purpose of different façade and roofing configurations, systems and products.

Learning activities focus on detailed design and construction technology aspects informed by regulatory benchmarks and established design principles, including waterproofing, wind-effects, air-tightness, thermal control, fire safety, acoustics, durability and safety in operation.

Industry perspectives are considered from the different standpoints of designers, head contractors, sub-contractors and specialist consultants by exploring facade-specific case studies in procurement, environmental performance, design management, testing, prototyping, fabrication, installation, defect prevention and building maintenance.

View detailed information in the Handbook

This subject provides an insight into the issues currently facing the construction industry. It aims to develop an understanding and awareness of the complex nature of construction supply chains and how they may be better managed to improve productivity, value, efficiency and client satisfaction within the construction industry. The network of organisations involved, through upstream and downstream linkages, in the different processes and activities that contribute to the production of construction artifacts is explored. The subject provides an introduction to supply chain management and provides the skills and knowledge needed to map construction supply chains, identify critical nodes and suggest possible solutions for improving existing construction practices. Case studies, site visits and industry guests are used to demonstrate current local and international industry practices and provide examples of the application of supply chain management-related initiatives in real-world projects.

View detailed information in the Handbook

The subject will expose you to the latest international developments in prefabrication and its application within construction. You will develop an appreciation for how prefabrication can be used to minimise or avoid many of the issues currently faced by the construction industry as well as the environmental, financial and social benefits that are possible.

The construction and associated challenges and benefits of prefabrication will be demonstrated through a series of case studies and site visits.

The use of prefabrication in construction will be covered at various scales and levels of complexity, including an in-depth look at a range of componentised, panelised and modular construction systems.

You will also develop professional expertise in the analysis of prefabrication as an alternative approach to procurement within the construction industry.

View detailed information in the Handbook

The subject exposes students to construction procurement in a broad sense, by articulating and examining the legal and functional links between multiple contracting parties in project delivery. Different procurement methods with their associated contract types are introduced, and the theories and principles governing their selection discussed. To this end, decision support system tools that can facilitate the selection process are introduced and practiced with case studies. Ethics in procurement, public procurement concerns and strategies, as well as international differences in the use of procurement methods, are also covered.

View detailed information in the Handbook

This subject sets the context for an understanding of the operations of firms within the construction production process. This includes conducting statistical analysis of the data concerning construction. By analysing construction’s contribution to national income and its linkages to other sectors of the economy it is possible to draw conclusions and gain insights into the operations of firms involved in the production of the built environment.

View detailed information in the Handbook

In this subject, students will evaluate, select, and implement Artificial Intelligence (AI) technologies to solve complex construction challenges, develop strategic approaches to AI adoption in construction organisations, and communicate AI-driven solutions through professional documentation and artefacts suitable for diverse industry stakeholders. This subject examines the transformative applications of AI across the complete construction lifecycle, from initial design through to post-delivery asset management. Designed specifically for students from diverse disciplinary backgrounds with no programming prerequisites, the subject provides accessible pathways to implementing AI solutions in construction practice. The subject encompasses three integrated themes: (i) analysing foundational AI principles and their strategic implications for construction industry transformation; (ii) critically examining contemporary AI-enabled methodologies revolutionizing construction project delivery; and (iii) applying practical AI tools and methodologies to real-world construction challenges through case-based learning. The subject combines advanced seminar discussions with hands-on workshops, enabling students to gain both theoretical knowledge and practical competency in deploying AI solutions for enhanced construction outcomes.

View detailed information in the Handbook

The construction industry is not only one of the largest employment sectors globally but also one of the most dynamic and complex industrial settings. The industry relies heavily on the skill set of a wide range of workers who are employed within diverse industry settings. This subject investigates the effective management of construction’s most important resource – its people. Overall it explores the importance of human resource management (HRM) in order to develop a high level of consistency between organisational and individual needs.

The subject begins by looking at contextual factors which influence the supply of workers and the management of this resource. A history of industrial relations, as it relates to construction, is provided along with an examination of industrial relations on construction projects today. Employment legislation as it applies in the Australian context is also presented. Individual and team based theories and models of organisational behaviour are then examined and human resource management theories and their key functions are presented providing students with current theoretical approaches to people management. Issues specific to the construction industry such as communication and teamwork; conflict management, negotiation and resolution; employee motivation and retention; organisational and project cultures; ethics and ethical behaviour; equal opportunity and diversity; work-life balance; career development and mentoring are also covered. This subject covers briefly some aspects of occupational health and safety (OHS) of workers (for instance psychological risks) but not issues such as legislation, statutory responsibilities of employers or current theories within OHS management.

Note: Students are expected to complete up to 100 pages of course readings and any other course preparation as outlined on the LMS. The LMS will become available earlier than the start date of the subject.

View detailed information in the Handbook

Research skills are paramount in the increasingly specialised world we live in. This subject provides you with an opportunity to conduct research on a topic of your choice, pertaining to construction. You will be focusing on the middle to final stages of research: from research design to interpreting research results and presenting them in writing, graphically and orally. The subject uses seminars with all students to share knowledge and advancement but mostly capitalises on one-on-one mentoring and supervision from dedicated supervisors to progress your research. You will use and build upon knowledge and materials acquired and developed in Research in Construction (ABPL90358) to inform your final research thesis.

View detailed information in the Handbook

The subject focuses on major innovations in building materials, components, systems, and methods that require input from specialist trades and the adaptation of standard design and construction practices. Emphasis is placed on innovative construction methodologies that demand extensive planning and design management, as well as specialized construction practices. Topics may include advanced building construction and structural design principles, innovations in building materials and components, digital innovative methods, emerging construction systems, and advanced technologies in manufacturing, fabrication, and building processes. The subject content is reviewed annually to incorporate emerging practices and challenges within the building industry.

View detailed information in the Handbook

This subject introduces three key management systems used in the construction industry, namely Work Health and Safety Management Systems (WHSMS), Environmental Management Systems (EMS) and Quality Management Systems (QMS). It aims to provide relevant practical knowledge and skills to help manage projects to comply with specific safety, environmental and quality standards, codes and regulations. This subject endeavours to develop your knowledge and understanding of the processes and activities involved in preparing a Work Health and Safety (WHS) Plan and Safe Work Method Statement (SWMS) in accordance with the relevant Work Health and Safety legislation; a project-specific Environmental Management Plan (EMP) to manage environmental performance and conformity with environmental management policies, practices, and project specific environmental conditions; and a Quality Management Plan (QMP) in accordance with Australian and international standards. Major topics covered include management principles, models, and tools related to these three management systems.

View detailed information in the Handbook

Design Management has developed an increasingly important role within the construction industry since the development of new project acquisition methods from the 1990s onwards. These recognise the importance of the integration of the design and construction processes, the emergence of the project management profession as well as the more specialised role of architects and engineers. This industry role, to coordinate a team of people within a defined framework with agreed goals to achieve a desired design outcome, has evolved within various organisational settings such as architectural and engineering practices, project management consultancies and construction contracting companies. The organisation of the design effort to produce a set of deliverables that achieve the functional, financial and time requirements expected by the relevant key stakeholders is at the core of the design manager’s role. This subject will investigate these roles and responsibilities within the different organisational environments and throughout the project’s lifecycle. In addition, the unique stakeholder relationships and expectations of the design manager acting on behalf of the client, consultant or contractor will be explored and a design management plan developed for a contemporary commercial building project.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Cities are responsible for more than 70% of energy use and associated greenhouse gas emissions. The operation of buildings alone represents around 40% of energy use in many developed economies. Reducing energy use and transitioning towards zero greenhouse emissions in the built environment is therefore critical to sustain the Earth’s ecosystems and the general environmental equilibrium of the planet. This is further recognised by the UN sustainability goals, namely Goal 11: Sustainable Cities and Communities. With a growing world population, most of which going to live in cities, addressing this current and upcoming challenge is paramount.

The aim of this subject is to equip students with the skills and knowledge required to analyse, quantify, visualise and improve the energy performance of buildings, neighbourhoods and cities, at different scales of the built environment, towards zero greenhouse gas emissions.

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

An examination of how new products and processes are developed specifically in or for the building sector; a discussion of what constrains their dissemination; and a theory of how success can be determined. The dialogue established with the students in the subject has a strong comparative bent, and seeks to emphasise how technological innovation in building takes on a different meaning depending on industrial context, markets and economic cycles. Australian government positions and characteristics of the Australian industry are compared to other geographic realities to emphasise this point. Overall, attention is directed at distinguishing innovation from invention and technological change.

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Political Economy of Design seeks to position and discuss architecture in relation to the world of production, economic interests and community benefits, at a local and global scale. By integrating yet moving beyond the stylistic, technological or sociological aspects of the discipline, the discussion reviews the industrial elements that are likely to affect programmatic objectives, formal directions and technical outcomes of building projects. Such discussion has a strong comparative bent, and is coloured by the notion of innovation - what it means from a social, technical and cultural point of view, and how it enters and affects different building markets. Attention is directed at understanding the distinction between innovation on one side and invention and technological change on the other. In this context, architecture's connection with planning and building disciplines is examined and criticised in the attempt to formulate a strategic framework for its use as an environmental policy instrument.

The subject has a lecture component and a research component. The lecture component provides a general theoretical framework largely borrowed from political economy, industrial theory, innovation theory and labour studies literature, but adapted to the analysis of the design and building sector. The research component seeks to apply the elements of this framework to a specific situation providing opportunities for applied research.

View detailed information in the Handbook

Drawing from the lean principles originating in the Toyota Production System (TPS), lean practices have gained popularity in the construction industry (known as lean construction). Lean construction enhances value on projects and uncovers wasted resources. It has the potential to help owner organisations, contractors, and subcontractors to realise improvements in project delivery—including in terms of cost, schedule, quality, and productivity. This subject aims to develop students’ knowledge and understanding of lean construction as a philosophy, a bundle of lean tools, and a problem-solving culture which forms the lean construction body of knowledge. Key topics include lean philosophy, lean tools, and lean practices, and how they apply to construction in a national and international context.

View detailed information in the Handbook

Students will gain the ability to analyse the use of materials and the means of constructing buildings from antiquity on, but with particular reference to the nineteenth and twentieth centuries. Class activities will focus on the comparison of equivalent materials and trades between different cultures, and explore the transmission of skills, building processes and techniques from one to another.

View detailed information in the Handbook

This subject is suitable for graduate students seeking to understand the donor or sovereign government driven international development sector of international development and humanitarian work and the considerations and challenges in delivering culturally appropriate sustainable infrastructure outcomes. This subject complements the theory and principles in ABPL90277 Humanitarian Construction and further explores the policy settings, political motivations, contextual and cultural considerations of this specific area of the international development sector.

Through in-person class sessions, students will gain an appreciation of current theory, practices and approaches and undertake a series of group activities related to the delivery of infrastructure investment in this part of the international development sector. The subject has been designed to enable students to apply their technical discipline understanding and learnings from prior studies and work experience and to collaborate with interdisciplinary peers. Industry leaders, guest presenters and technical experts will share their experiences and project case studies for students to learn about the industry and to test and challenge their own personal values and perspectives when working in developing countries.

The subject will offer built environment and other graduate students an insight into the principles, strategic objectives and priority areas of delivering quality infrastructure to build genuine and respectful partnerships with our international neighbours in the Asia Pacific region. Topics will include how to prepare, plan, program, design and construct sustainable infrastructure in differing cultural contexts as well as how to consider policy, governance, economic, environmental and social factors in order to sensitively manage and implement complex program requirements linked to specific outcomes in a development context. Finally, students will also develop an understanding of potential pathways and employment opportunities in the international development industry.

View detailed information in the Handbook

This subject introduces the concept of social procurement in construction. Social procurement refers to contractual obligations of head contractors to meet targets for employment of women, Indigenous, CALD, socially disadvantaged, and disabled workers as part of the total workforce employed on a construction project. Social procurement targets also include local manufacture and supply of materials. The subject will examine the legal framework of social procurement clauses in contracts, and contemporary strategies employed by construction managers to meet those contractual obligations, including the use of specialist third-party providers to act as intermediaries. At the conclusion of the subject, students will be able to describe the expectations behind social procurement, investigate the obligations and consequences of social procurement targets in contracts, identify innovative construction methodologies that have community benefit beyond building, and propose and evaluate solutions to the challenge of social procurement.

View detailed information in the Handbook

Topics covered include:

• advanced life cycle based property asset management;
• economic modelling;
• asset management optimisation;
• functional and economic performance;
• standards;
• obsolescence;
• condition assessment;
• maintenance and refurbishment implications;
• market and income issues;
• property finance, accounting and taxation issues;
• risk analysis;
• public and private sector guidelines.

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

A series of case studies conducted in different countries or cities over four intensive weeks. Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost and accommodation is around AUD 5500 (AUD 2500 for travel and AUD 3000 for accommodation, food and local travel). One preferred/ recommended budget accommodation option in each of the cities will be provided.

Note: This subject includes a pre-teaching period. During the pre-teaching period students are expected to complete the course readings, review the lectures and any other course preparation as outlined on the LMS. The LMS will become available at the commencement of the pre-teaching dates.

View detailed information in the Handbook

A series of case studies will be conducted in one or two cities of an Asian country (chosen from China, Singapore, Indonesia, South Korea, and Japan), over two intensive weeks.

Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost is estimated to be about AUD 3000 (AUD 1200 for travel and AUD 1800 for accommodation, food, local travel and incidentals). One preferred/ recommended budget accommodation option will be provided.

Note:

• Travelling time: 29 June-10 July 2026
• The student will receive a $500 subsidy in 2026

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject explores planning and policy making for productive and competitive urban settlements by investigating the economic drivers, activities, and interrelationships of cities and regions. You will examine how making and moving of goods, services, and jobs shapes the vitality, structure and governance of cities and regions. Complex planning issues, requiring judgements about the competing demands of economic development and social needs, are associated with the growth and decline of sectors and places in their particular urban contexts. Various economic perspectives and examples are used to show and interpret how urban activities and sectors – such as manufacturing, transport, services, recreation, and creative activities – have locational and network impacts within and between cities. Special attention will be paid to comparative analysis and innovation in developing cities and regions, and to the implications of market failures and inequalities produced by economic development activities, and to crucial socio-economic agendas including Indigenous issues.

View detailed information in the Handbook

The subject concerns housing issues. The provision of housing is presented as a complex system of interplay between construction, finance, real estate and bureaucracy (and others). It considers the challenge of providing good homes to all within the context of consistent under-supply over decades and a policy preference for private sector delivery.

This subject has four components

1. The structure of housing provision. The roles and interplay between parts of the housing system including how markets work; the roles of developers, financiers, consumers and government; how the housing market works; supply, demand, role of property developers and the role of banks (including the growth of financialisation).
2. The contribution of housing form and planning for housing to the workings of cities.
3. The implications of market failure for certain population groups.
4. Low-income housing policy (e.g. social housing).

View detailed information in the Handbook

This subject aims to give students an understanding of the processes and issues relating to the transfer of freehold and leasehold interests in property with a commercial agency focus within the current legal and market context. The subject will be presented under three main themes:

1. real estate agency structures - legislation and agency practice, licensing, codes of ethics, consumer protection;
2. the management of an agency practice including trust accounts;
3. marketing and markets.

View detailed information in the Handbook

Urban Informatics is the study of cities using digital data, information, knowledge and models to understand trends, complexities and inform the formulation and evaluation of sustainable urban futures.

This subject aims to arm the student with the necessary fundamental concepts and practical understanding of the rise of the Smart City and how urban informatics can assist in evidenced-based and collaborative decision-making.

The new science of cities (Batty, 2013) is driven by the deluge of data that enables the mapping of the Smart City and new geographies that can be explored, analysed and synthesized. Planners, geographers, urban designers, landscape architects, spatial scientists and other disciplines interest in the urban settlements require a deeper knowledge of digital data and how to access, interrogate, visualize and synthesis such data to realise the vision of the smart and sustainable city.

This subject utilises the Australian Urban Research Infrastructure Network (AURIN) portal as an e-learning resource for exploring what is possible in emerging in the new discipline of urban informatics. Students will also be exposed to a range of other complementary digital environments including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Demographic ageing is creating a shift in how to think and define homes, cities and public spaces. This subject explores feasible and sustainable approaches to keep the older segment of the population physically and socially active. Innovative changes in design can lead to significant advancements in service delivery, transportation models and homes that allow people to age in place. In addition, design principles for dementia and palliative care are a few of the many concepts that help minimise stress on people as they age and their families. Students will explore these topics and develop their own ideas about the way design can optimise the ageing process for comfort, security and overall well-being.

View detailed information in the Handbook

Property is the choice of investors amongst many avenues of asset classes and constitutes a significant share of the global wealth. The economic performance of most developed countries is influenced by the performance of their real estate markets. The property investment has witnessed numerous cycles of growth and recession, and is now considered as a mature and sophisticated market. In order to attract even wider participation, and to meet the appetite of diverse range of investors, newer instruments (in particular) real estate derivatives, are being developed across the globe. While financial and commodity derivative products are being used widely, financial engineering in property is relatively recent. These products have the potential to offer better returns and diversification, while prone to significant risks as the potential to destabilize the operating environment is large. It would be imperative to have better risk management capacity to configure and utilize these instruments.

The aim of this subject is to expose you to the linkage between structured finance and property markets, and the functioning of financial engineering products prevalent in Property domain, in particular real estate derivates, and to equip you with knowledge, skills required to understand, analyse and value different derivative instruments

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Representing Spatial Information is the study of conveying insight gained through geospatial data and information. Upon completion, students will be able to communicate complex relations and insights through visual storytelling and concise graphics.

This subject will introduce students to fundamental concepts in spatial information and provide a practical understanding of the rise of the Smart City and how spatial information can assist in evidenced-based and collaborative decision-making.

Students will also be exposed to a range of digital environments, including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Spatial Analytics is the study of geospatial digital data, information, knowledge and models to understand trends, complexities and inform decision process. The subject explores approaches at the intersection of spatial information, statistics and spatial analytics to further students’ understanding of the built environment.

The new science of cities is driven by the deluge of data that enables the mapping of new geographies that can be explored, analysed and synthesized. Studies of urban settlements require a deeper knowledge of digital data and how to access, interrogate and synthesis such data.

A range of research methods will be taught in combination with case studies to provide fundamental skills in Python, spatial analysis and sharpen critical spatial and analytical thinking. At the end you will have a set of Jupyter Notebooks in Python that can be deployed in future cases such as health, urban planning and real estate for evidence-based decision making.

View detailed information in the Handbook

Realising The Knowledge Economy develops a holistic approach to the understanding and realisation of the urban knowledge economy, i.e., an urban development strategy that draws upon knowledge-intensive sectors and activities. In particular, the implications and impacts of this strategy in property development and management, the planning of housing and infrastructure, and the attraction of human capital and the (re)construction of our built environment will be critically discussed. The subject will cover the various theoretical bases for the centrality of knowledge to the performance of urban economies, these knowledge will be used to analyse different models of planning, development and management of key knowledge spaces. It will also cover how property, the labour market and our built environment react to a knowledge-based development strategy worldwide.

Adopting a student-led learning approach, this subject is designed to capitalise on the multi-disciplinary nature of the student cohort. It uses case studies, active discussions, interactive problem solving, scenario analysis, peer review and group work, among other teaching and learning activities. An essential part of this subject is a group fieldwork around Melbourne to collect data on selected innovation districts and precincts, which requires innovative applications of your learning

Incidental Cost

This subject involves site visit( field work). Students are required to pay for their own travel.

View detailed information in the Handbook

This subject further develops fundamental knowledge of real estate assets and markets, and applies learnings in context of technical modelling and evaluation of real estate assets, for redevelopment, valuation and asset repositioning. Topics covered include: advanced development feasibility; advanced asset valuation and advanced asset repositioning considerations. These topic areas are supplemented by development of advanced technical modelling skills utilizing proprietary software, providing students with the potential for external accreditation in commonly used industry software. Students are required to apply this knowledge and skills to a real-life case project and develop a range of potential solutions for optimization of the asset.

The subject has four aims:

1. Provide students with an advanced understanding of complex real estate challenges and identifying opportunities for repositioning or re-development of the asset;
2. Provide students with the ability to critically analyse real estate asset health using qualitative and quantitative frameworks and formulate a strategic plan and model these from a financial perspective;
3. To equip students with specialist expertise in technical skills to undertake advanced development feasibility, advanced property valuation and life-cycle analysis utilizing industry proprietary software;
4. Develop students capacity to critically analyse, design, create and propose new well-researched and financially modelled strategies for real estate assets.

View detailed information in the Handbook

This subject aims to give students an introduction to construction regulations including:

• relevant State and Commonwealth government legislation and the Building Code of Australia (including performance requirements, Deemed to Satisfy solutions and alternative solutions);
• fire technology including fire science, fire statistics, causes of fire, wildfire, fire prevention, fire containment, automatic fire detection, fire properties of materials, fire resistance levels, human movement and emergency egress, emergency warning systems, emergency lighting and controlling fire spread;
• an overview of the BCA Deemed to Satisfy fire related provisions and associated standards and codes;
• an introduction to fire safety engineering including analysing fire and smoke spread, use of computer tools, preparing alternative solutions, evaluating alternative solutions;
• an introduction to sustainable building practice in the context of the legislation, regulations standards and codes,

View detailed information in the Handbook

The subject examines the features and functions of various construction plant and temporary works employed in Australia and abroad, comparatively discussing their advantages and disadvantages to facilitate selection according to specific construction contexts. The historical development of construction methods and the factors behind their trends and innovation are also discussed.

View detailed information in the Handbook

Overview of the legal system in Australia:

• The concept of property and ownership in Australia
• Comparative land policy
• The general law and the Torrens land registration systems
• The legal nature of land: improvements, fixtures and chattels
• Encumbrances: easements, restrictive covenants, right
• Co-ownership: subdivision, joint tenancy in common
• Licenses and leases
• Contract, tort and agency
• Occupier's liability
• Impact of heritage legislation

View detailed information in the Handbook

This subject aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision making in property development. The subject integrates in the context of development climate change risk, sustainability, social and ethical considerations. The core content and competencies focus on:

• the development process and the major players;
• property market research and analysis;
• the decision to build;
• time value of money;
• appreciation of investment and market valuation methods;
• development appraisal including residual analysis and cash flow modelling;
• price and worth; risk, return and risk analysis.

This subject may involve the following software: ARGUS Estate Master, ARGUS Developer. Details of software availability and pricing are captured at https://msd.unimelb.edu.au/graduate-research/resources/it-support#software.

View detailed information in the Handbook

The subject will examine the economic, social, legal and political context of land and property by focusing on:
1. Local, national and global economies: the changing spatial dimensions of land and property markets.
2. Social significance: social meanings attached to land and property and their effects on economic behaviour.
3. Regulatory regimes and public involvement: the legal framework for property market activity and its economic implications.
4. Governance and policy processes: the political significance and policy implications of land and property.

Prescribed software programs with no cost
SSPS Statistics 26, SPSS Amos 26
Prescribed software programs with a cost
RStudio

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.

View detailed information in the Handbook

This subject builds on property fundamentals and valuation principles, and focuses on current research and practices in the real estate market for specialist property assets. The subject aims to introduce to you a range of applied knowledge and skills for property valuation analysis and evaluation, such as:

• Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
• Advanced financial analysis;
• Composition and functioning of the property lending market;
• Property lenders and lending products;
• The determination (and assessment of major determinants) of lending interest rate;
• Contemporary risk issues;
• Measurement of returns.

View detailed information in the Handbook

This subject introduces three key management systems used in the construction industry, namely Work Health and Safety Management Systems (WHSMS), Environmental Management Systems (EMS) and Quality Management Systems (QMS). It aims to provide relevant practical knowledge and skills to help manage projects to comply with specific safety, environmental and quality standards, codes and regulations. This subject endeavours to develop your knowledge and understanding of the processes and activities involved in preparing a Work Health and Safety (WHS) Plan and Safe Work Method Statement (SWMS) in accordance with the relevant Work Health and Safety legislation; a project-specific Environmental Management Plan (EMP) to manage environmental performance and conformity with environmental management policies, practices, and project specific environmental conditions; and a Quality Management Plan (QMP) in accordance with Australian and international standards. Major topics covered include management principles, models, and tools related to these three management systems.

View detailed information in the Handbook

This subject builds on the general legal principles and methodologies covered in earlier subjects. It is tailored to the need for construction professionals enrolled in the Master of Construction Management, to have an advanced and integrated understanding of the role of law and its application to the industry.

Topics to be covered include: causes of action; contracting methodologies and selection (including traditional and alternative forms of contract); the regulatory framework (including security of payment legislation); legal aspects of time, cost and quality; subcontracting; insurance and performance security; and dispute resolution and avoidance.

Students interested generally in the Construction Law program in the Melbourne Law Masters are encouraged to explore the Construction Law subject selection PDF guide.

View detailed information in the Handbook

The subject focuses on major innovations in building materials, components, systems, and methods that require input from specialist trades and the adaptation of standard design and construction practices. Emphasis is placed on innovative construction methodologies that demand extensive planning and design management, as well as specialized construction practices. Topics may include advanced building construction and structural design principles, innovations in building materials and components, digital innovative methods, emerging construction systems, and advanced technologies in manufacturing, fabrication, and building processes. The subject content is reviewed annually to incorporate emerging practices and challenges within the building industry.

View detailed information in the Handbook

Through an introduction to details of construction scheduling techniques and use of professional scheduling tools, this subject articulates the clear processes of logical development of time program for construction activities in projects. Real-life case projects are used for students to explore the concepts of activity definition, activity sequencing, resource allocation and resource leveling in the time schedule development process. Organised as a working seminar, the subject exposes students to clear visualisation of the construction processes and logical placement of construction activities whilst enabling them to understand underlying constraints in the schedule development context.

Prescribed software programs with no cost
Primavera

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

As the real estate market becomes increasingly international, it is necessary to understand how specific national markets operate and how they relate to one another within an international system. With globalisation, capital flows with increasing ease between national economies, and many real estate market actors - users, investors, developers and financiers - now search for opportunities across national boundaries. Real estate services, such as agency or research, have become international in order to serve these requirements.

At the global level, the institutional environment of real estate is extremely diverse. There are wide national differences in the economic, political, social and legal contexts within which real estate markets operate. Variations in planning control, landlord and tenant law, methods of valuation, professional education, and the symbolic significance of landed property represent important examples, and there are many others. Real estate market analysis therefore has to translate between different systems, both literally in terms of working language and metaphorically in terms of differences in business practice and culture.

This subject is intended to provide a comprehensive analysis of international real estate markets examining the rationale for their existence and development, its links to economic change, international financial diversification and institutional adaptation. The subject also examines the role of, and changes in, business culture to provide an understanding of the behaviour of real estate markets. The subject allows comparison over time of real estate markets in different countries, showing differences in market characteristics and changes thereof. The entry of international companies and their role in market development is also examined.

View detailed information in the Handbook

This subject critically reviews established and emerging research areas in the field of construction. This is accompanied by an exposition of the underlying research objectives, the methods in use or required, and the challenges and limitations of the methods.

Designed as an advanced, hands-on introduction to the culture and protocols of disciplinary research in construction, the subject has two aims: 1) To equip students with the skills necessary to conduct rigorous and original research; 2) To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation of their choice.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and commencing the research. The product of their work constitutes the basis for original empirical research project conducted in ABPL90359 Research Practicum in Construction and forms an integral part of the final research report of that subject.

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

Topics covered in this subject include:

• The role of corporate property in the strategic management of the organisation;
• Property as a strategic asset;
• Corporate property strategies and their alignment with organisational strategy;
• Models of CRE management;
• Tenure decisions;
• CRE portfolio analysis;
• CRE projects as interventions in CRE portfolios;
• CREM and procurement;
• Measuring corporate property performance;
• Workplaces and CRE;
• National and international locational analysis and competition;
• CRE information and information systems.

View detailed information in the Handbook

This subject is an in-depth examination of property investment and financing strategy and decision-making, with a focus on cash flows, return, and value. Property investments are surveyed with emphases on the analysis of commercial real estate and the theory and methods of investment analysis in respect to tax and financial consequences. Financial and non-financial determinants of investment feasibility of income-producing property are covered. The subject covers a range of approaches used in financing of investment properties. A case-based approach facilitates student learnings in analysing investment and financing strategies as they are applied to real world scenarios. Students will learn financial modelling skills, the art of investment and financing decision making involving qualitative and quantitative skills, and considerations that add value to property assets and investment portfolios of investors

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Property Research and Analysis is a taught module that draws on theories and techniques to analyse various property-related research questions in an applied way through selected research-based studies demonstrating how these theories and techniques are applied. The specific focus on research in this subject provides the foundation for ABPL90362 Research Thesis – Property.

The subject has two aims:

1. To equip students with the skills necessary to conduct rigorous and original research;
2. To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation into a research topic determined by the student in conjunction with an academic supervisor. The academic supervisor will guide the student while undertaking ABPL90362 Research Thesis – Property.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and beginning implementation of the research. The output of students' work constitutes the basis for the empirical work conducted in ABPL90362 Research Thesis - Property and forms an integral part of the final research report of that subject.

Together ABPL90363 Property Research Analysis and ABPL90362 Research Thesis - Property meet the 25-point research pathway to PhD requirement.

Prescribed software programs with a cost
SPSS Statistics

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

This subject builds on knowledge from Measurement of Building Designs (CONS20002) and Cost Management (ABPL90312). It comprises automated measurement and quantification for cost planning and documentation of commercial building works. Topics include: measurement of substructure; superstructure; reinforced concrete structures including frames, columns, beams and slabs; stair in steel and concrete; doors and windows in timber and steel including ironmongery; glazing; floor, wall and ceiling finishing; painting and decorations; measurement of mechanical and electrical installation for commercial buildings. It also addresses unit rate estimating and project pricing in depth. The subject uses 3D Building Information Model (BIM) as a platform for project pricing using CostX Software. Students will be introduced to 3D Building Information Modeling using Autodesk Revit Architecture Software or GraphiSOFT Software as well as model analysis workflow with Solibri software.

View detailed information in the Handbook

The subject provides students with an opportunity to produce an ordered, critical exposition of autonomously gained knowledge, thus demonstrating proper understanding of the nature, development strategies and conventions of research work, with particular focus in their area of specialisation.

The subject concentrates on the middle to final stages of research: from implementation of a research plan, to effectively interpreting and presenting results of the research plan implemented. Seminar group and one-on-one meetings are held with the supervisor/coordinator, to allow students to exchange and/or obtain advice on their topics.

Knowledge and materials prepared in the ABPL90363 Property Research and Analysis are to inform the final research report.

View detailed information in the Handbook

Students enrolled in this subject will partner with a host organization to complete an industry-based research project. Firms may be based in the commercial property development, investment, valuation, management and consultancy fields. Students will be supervised by the Subject Coordinator in collaboration with a designated party at the host organisation. Students will work on a research topic chosen by the host organization and will spend no more than 12 days working at the host organization over the course of the subject. Work will be limited to that needed to complete the research project. The Industry-Based Research Project will enable students to extend and apply the knowledge acquired through the Master of Property coursework subjects, will provide students with a valuable professional experience, and will extend their professional networks. This project can be taken to fulfil the research requirement of the Master’s in Property and may replace ABPL90362 Research Thesis – Property

View detailed information in the Handbook

Organised as an advanced seminar, this subject examines management issues relating to contemporary businesses within the construction industry. The various models of organisations and corporate strategies to achieve competitive advantage are researched and explored. Management concepts such as financial analysis, competitive strategy, innovation, negotiation, leadership and corporate social responsibility are analysed and discussed in the context of a contemporary construction company. More recent developments such as knowledge management, relationship marketing, operations management, and supply chain management etc. are also examined. Academic research, industry reports and relevant business school case studies are used extensively.

Incidental costs

Students will be required to purchase Harvard Business School cases for approximately $55-60 per person.

View detailed information in the Handbook

This subject provides advanced knowledge and skills on the technological design, performance requirements, procurement, manufacturing and construction of building envelope systems and materials.

Considering facades and roofing systems from start to finish of the building process, the subject gives insight on the specificity of the facade construction industry as a key agent of the design and delivery of contemporary projects.

New knowledge is built from the properties and behaviour of materials commonly used in building envelopes (e.g. glass, metals, insulation, sealants) and the fitness for purpose of different façade and roofing configurations, systems and products.

Learning activities focus on detailed design and construction technology aspects informed by regulatory benchmarks and established design principles, including waterproofing, wind-effects, air-tightness, thermal control, fire safety, acoustics, durability and safety in operation.

Industry perspectives are considered from the different standpoints of designers, head contractors, sub-contractors and specialist consultants by exploring facade-specific case studies in procurement, environmental performance, design management, testing, prototyping, fabrication, installation, defect prevention and building maintenance.

View detailed information in the Handbook

This subject provides an insight into the issues currently facing the construction industry. It aims to develop an understanding and awareness of the complex nature of construction supply chains and how they may be better managed to improve productivity, value, efficiency and client satisfaction within the construction industry. The network of organisations involved, through upstream and downstream linkages, in the different processes and activities that contribute to the production of construction artifacts is explored. The subject provides an introduction to supply chain management and provides the skills and knowledge needed to map construction supply chains, identify critical nodes and suggest possible solutions for improving existing construction practices. Case studies, site visits and industry guests are used to demonstrate current local and international industry practices and provide examples of the application of supply chain management-related initiatives in real-world projects.

View detailed information in the Handbook

The subject will expose you to the latest international developments in prefabrication and its application within construction. You will develop an appreciation for how prefabrication can be used to minimise or avoid many of the issues currently faced by the construction industry as well as the environmental, financial and social benefits that are possible.

The construction and associated challenges and benefits of prefabrication will be demonstrated through a series of case studies and site visits.

The use of prefabrication in construction will be covered at various scales and levels of complexity, including an in-depth look at a range of componentised, panelised and modular construction systems.

You will also develop professional expertise in the analysis of prefabrication as an alternative approach to procurement within the construction industry.

View detailed information in the Handbook

The subject exposes students to construction procurement in a broad sense, by articulating and examining the legal and functional links between multiple contracting parties in project delivery. Different procurement methods with their associated contract types are introduced, and the theories and principles governing their selection discussed. To this end, decision support system tools that can facilitate the selection process are introduced and practiced with case studies. Ethics in procurement, public procurement concerns and strategies, as well as international differences in the use of procurement methods, are also covered.

View detailed information in the Handbook

This subject sets the context for an understanding of the operations of firms within the construction production process. This includes conducting statistical analysis of the data concerning construction. By analysing construction’s contribution to national income and its linkages to other sectors of the economy it is possible to draw conclusions and gain insights into the operations of firms involved in the production of the built environment.

View detailed information in the Handbook

In this subject, students will evaluate, select, and implement Artificial Intelligence (AI) technologies to solve complex construction challenges, develop strategic approaches to AI adoption in construction organisations, and communicate AI-driven solutions through professional documentation and artefacts suitable for diverse industry stakeholders. This subject examines the transformative applications of AI across the complete construction lifecycle, from initial design through to post-delivery asset management. Designed specifically for students from diverse disciplinary backgrounds with no programming prerequisites, the subject provides accessible pathways to implementing AI solutions in construction practice. The subject encompasses three integrated themes: (i) analysing foundational AI principles and their strategic implications for construction industry transformation; (ii) critically examining contemporary AI-enabled methodologies revolutionizing construction project delivery; and (iii) applying practical AI tools and methodologies to real-world construction challenges through case-based learning. The subject combines advanced seminar discussions with hands-on workshops, enabling students to gain both theoretical knowledge and practical competency in deploying AI solutions for enhanced construction outcomes.

View detailed information in the Handbook

The construction industry is not only one of the largest employment sectors globally but also one of the most dynamic and complex industrial settings. The industry relies heavily on the skill set of a wide range of workers who are employed within diverse industry settings. This subject investigates the effective management of construction’s most important resource – its people. Overall it explores the importance of human resource management (HRM) in order to develop a high level of consistency between organisational and individual needs.

The subject begins by looking at contextual factors which influence the supply of workers and the management of this resource. A history of industrial relations, as it relates to construction, is provided along with an examination of industrial relations on construction projects today. Employment legislation as it applies in the Australian context is also presented. Individual and team based theories and models of organisational behaviour are then examined and human resource management theories and their key functions are presented providing students with current theoretical approaches to people management. Issues specific to the construction industry such as communication and teamwork; conflict management, negotiation and resolution; employee motivation and retention; organisational and project cultures; ethics and ethical behaviour; equal opportunity and diversity; work-life balance; career development and mentoring are also covered. This subject covers briefly some aspects of occupational health and safety (OHS) of workers (for instance psychological risks) but not issues such as legislation, statutory responsibilities of employers or current theories within OHS management.

Note: Students are expected to complete up to 100 pages of course readings and any other course preparation as outlined on the LMS. The LMS will become available earlier than the start date of the subject.

View detailed information in the Handbook

Research skills are paramount in the increasingly specialised world we live in. This subject provides you with an opportunity to conduct research on a topic of your choice, pertaining to construction. You will be focusing on the middle to final stages of research: from research design to interpreting research results and presenting them in writing, graphically and orally. The subject uses seminars with all students to share knowledge and advancement but mostly capitalises on one-on-one mentoring and supervision from dedicated supervisors to progress your research. You will use and build upon knowledge and materials acquired and developed in Research in Construction (ABPL90358) to inform your final research thesis.

View detailed information in the Handbook

Design Management has developed an increasingly important role within the construction industry since the development of new project acquisition methods from the 1990s onwards. These recognise the importance of the integration of the design and construction processes, the emergence of the project management profession as well as the more specialised role of architects and engineers. This industry role, to coordinate a team of people within a defined framework with agreed goals to achieve a desired design outcome, has evolved within various organisational settings such as architectural and engineering practices, project management consultancies and construction contracting companies. The organisation of the design effort to produce a set of deliverables that achieve the functional, financial and time requirements expected by the relevant key stakeholders is at the core of the design manager’s role. This subject will investigate these roles and responsibilities within the different organisational environments and throughout the project’s lifecycle. In addition, the unique stakeholder relationships and expectations of the design manager acting on behalf of the client, consultant or contractor will be explored and a design management plan developed for a contemporary commercial building project.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Successful project development depends on pro-active cost management from feasibility through to design, tender and construction, to the completion and useful life of the project. This subject examines applications of economics, management, law and statistical techniques to construction cost economics and management.

Topics include: advanced cost modelling techniques with parametric and probabilistic cost estimating methods; cost-in-use studies and life-cost approach to building evaluation (LCC in practice); feasibility studies and financial decision-making; value management; tender analysis; construction claims, conflict and dispute management; professional practice in quantity surveying including professional ethics; the role of quantity surveyors during construction as it affects the valuation of preliminaries, fluctuations, change orders and accounts, provisional sums and prime cost sums, as well as the role of quantity surveyors in risk assessment.

Principles of professional liability in quantity surveying practice as well as the impact of advanced digital technology such as Building Information Modelling on Cost management are also examined.

View detailed information in the Handbook

Cities are responsible for more than 70% of energy use and associated greenhouse gas emissions. The operation of buildings alone represents around 40% of energy use in many developed economies. Reducing energy use and transitioning towards zero greenhouse emissions in the built environment is therefore critical to sustain the Earth’s ecosystems and the general environmental equilibrium of the planet. This is further recognised by the UN sustainability goals, namely Goal 11: Sustainable Cities and Communities. With a growing world population, most of which going to live in cities, addressing this current and upcoming challenge is paramount.

The aim of this subject is to equip students with the skills and knowledge required to analyse, quantify, visualise and improve the energy performance of buildings, neighbourhoods and cities, at different scales of the built environment, towards zero greenhouse gas emissions.

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Political Economy of Design seeks to position and discuss architecture in relation to the world of production, economic interests and community benefits, at a local and global scale. By integrating yet moving beyond the stylistic, technological or sociological aspects of the discipline, the discussion reviews the industrial elements that are likely to affect programmatic objectives, formal directions and technical outcomes of building projects. Such discussion has a strong comparative bent, and is coloured by the notion of innovation - what it means from a social, technical and cultural point of view, and how it enters and affects different building markets. Attention is directed at understanding the distinction between innovation on one side and invention and technological change on the other. In this context, architecture's connection with planning and building disciplines is examined and criticised in the attempt to formulate a strategic framework for its use as an environmental policy instrument.

The subject has a lecture component and a research component. The lecture component provides a general theoretical framework largely borrowed from political economy, industrial theory, innovation theory and labour studies literature, but adapted to the analysis of the design and building sector. The research component seeks to apply the elements of this framework to a specific situation providing opportunities for applied research.

View detailed information in the Handbook

This subject aims to give students the knowledge of the cost planning processes involved in establishing and maintaining a client’s budget within the multiple constraints of time, cost and quality. It provides students with the skills needed to effectively monitor the budget for a building project as design evolves prior to actual construction.

This subject examines the allocation of costs to individual building elements as well as developing student’s appreciation of costs, overheads and allowances that are attributed to the overall project cost.

Topics covered include design economics, building morphology, sources and uses of cost data, the cost planning of engineering services, functional analysis, computerised estimating, cash flow forecasting, and the basics of costing sustainable building design features.

Prescribed software programs with a cost
RiB CostX 6.9

Details of software availability and pricing are captured at https://edsc.unimelb.edu.au/student-experience/it-support

View detailed information in the Handbook

Drawing from the lean principles originating in the Toyota Production System (TPS), lean practices have gained popularity in the construction industry (known as lean construction). Lean construction enhances value on projects and uncovers wasted resources. It has the potential to help owner organisations, contractors, and subcontractors to realise improvements in project delivery—including in terms of cost, schedule, quality, and productivity. This subject aims to develop students’ knowledge and understanding of lean construction as a philosophy, a bundle of lean tools, and a problem-solving culture which forms the lean construction body of knowledge. Key topics include lean philosophy, lean tools, and lean practices, and how they apply to construction in a national and international context.

View detailed information in the Handbook

Students will gain the ability to analyse the use of materials and the means of constructing buildings from antiquity on, but with particular reference to the nineteenth and twentieth centuries. Class activities will focus on the comparison of equivalent materials and trades between different cultures, and explore the transmission of skills, building processes and techniques from one to another.

View detailed information in the Handbook

This subject is suitable for graduate students seeking to understand the donor or sovereign government driven international development sector of international development and humanitarian work and the considerations and challenges in delivering culturally appropriate sustainable infrastructure outcomes. This subject complements the theory and principles in ABPL90277 Humanitarian Construction and further explores the policy settings, political motivations, contextual and cultural considerations of this specific area of the international development sector.

Through in-person class sessions, students will gain an appreciation of current theory, practices and approaches and undertake a series of group activities related to the delivery of infrastructure investment in this part of the international development sector. The subject has been designed to enable students to apply their technical discipline understanding and learnings from prior studies and work experience and to collaborate with interdisciplinary peers. Industry leaders, guest presenters and technical experts will share their experiences and project case studies for students to learn about the industry and to test and challenge their own personal values and perspectives when working in developing countries.

The subject will offer built environment and other graduate students an insight into the principles, strategic objectives and priority areas of delivering quality infrastructure to build genuine and respectful partnerships with our international neighbours in the Asia Pacific region. Topics will include how to prepare, plan, program, design and construct sustainable infrastructure in differing cultural contexts as well as how to consider policy, governance, economic, environmental and social factors in order to sensitively manage and implement complex program requirements linked to specific outcomes in a development context. Finally, students will also develop an understanding of potential pathways and employment opportunities in the international development industry.

View detailed information in the Handbook

This subject introduces the concept of social procurement in construction. Social procurement refers to contractual obligations of head contractors to meet targets for employment of women, Indigenous, CALD, socially disadvantaged, and disabled workers as part of the total workforce employed on a construction project. Social procurement targets also include local manufacture and supply of materials. The subject will examine the legal framework of social procurement clauses in contracts, and contemporary strategies employed by construction managers to meet those contractual obligations, including the use of specialist third-party providers to act as intermediaries. At the conclusion of the subject, students will be able to describe the expectations behind social procurement, investigate the obligations and consequences of social procurement targets in contracts, identify innovative construction methodologies that have community benefit beyond building, and propose and evaluate solutions to the challenge of social procurement.

View detailed information in the Handbook

Topics covered include:

• advanced life cycle based property asset management;
• economic modelling;
• asset management optimisation;
• functional and economic performance;
• standards;
• obsolescence;
• condition assessment;
• maintenance and refurbishment implications;
• market and income issues;
• property finance, accounting and taxation issues;
• risk analysis;
• public and private sector guidelines.

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

A series of case studies conducted in different countries or cities over four intensive weeks. Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost and accommodation is around AUD 5500 (AUD 2500 for travel and AUD 3000 for accommodation, food and local travel). One preferred/ recommended budget accommodation option in each of the cities will be provided.

Note: This subject includes a pre-teaching period. During the pre-teaching period students are expected to complete the course readings, review the lectures and any other course preparation as outlined on the LMS. The LMS will become available at the commencement of the pre-teaching dates.

View detailed information in the Handbook

A series of case studies will be conducted in one or two cities of an Asian country (chosen from China, Singapore, Indonesia, South Korea, and Japan), over two intensive weeks.

Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost is estimated to be about AUD 3000 (AUD 1200 for travel and AUD 1800 for accommodation, food, local travel and incidentals). One preferred/ recommended budget accommodation option will be provided.

Note:

• Travelling time: 29 June-10 July 2026
• The student will receive a $500 subsidy in 2026

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject explores planning and policy making for productive and competitive urban settlements by investigating the economic drivers, activities, and interrelationships of cities and regions. You will examine how making and moving of goods, services, and jobs shapes the vitality, structure and governance of cities and regions. Complex planning issues, requiring judgements about the competing demands of economic development and social needs, are associated with the growth and decline of sectors and places in their particular urban contexts. Various economic perspectives and examples are used to show and interpret how urban activities and sectors – such as manufacturing, transport, services, recreation, and creative activities – have locational and network impacts within and between cities. Special attention will be paid to comparative analysis and innovation in developing cities and regions, and to the implications of market failures and inequalities produced by economic development activities, and to crucial socio-economic agendas including Indigenous issues.

View detailed information in the Handbook

The subject concerns housing issues. The provision of housing is presented as a complex system of interplay between construction, finance, real estate and bureaucracy (and others). It considers the challenge of providing good homes to all within the context of consistent under-supply over decades and a policy preference for private sector delivery.

This subject has four components

1. The structure of housing provision. The roles and interplay between parts of the housing system including how markets work; the roles of developers, financiers, consumers and government; how the housing market works; supply, demand, role of property developers and the role of banks (including the growth of financialisation).
2. The contribution of housing form and planning for housing to the workings of cities.
3. The implications of market failure for certain population groups.
4. Low-income housing policy (e.g. social housing).

View detailed information in the Handbook

This subject aims to give students an understanding of the processes and issues relating to the transfer of freehold and leasehold interests in property with a commercial agency focus within the current legal and market context. The subject will be presented under three main themes:

1. real estate agency structures - legislation and agency practice, licensing, codes of ethics, consumer protection;
2. the management of an agency practice including trust accounts;
3. marketing and markets.

View detailed information in the Handbook

Urban Informatics is the study of cities using digital data, information, knowledge and models to understand trends, complexities and inform the formulation and evaluation of sustainable urban futures.

This subject aims to arm the student with the necessary fundamental concepts and practical understanding of the rise of the Smart City and how urban informatics can assist in evidenced-based and collaborative decision-making.

The new science of cities (Batty, 2013) is driven by the deluge of data that enables the mapping of the Smart City and new geographies that can be explored, analysed and synthesized. Planners, geographers, urban designers, landscape architects, spatial scientists and other disciplines interest in the urban settlements require a deeper knowledge of digital data and how to access, interrogate, visualize and synthesis such data to realise the vision of the smart and sustainable city.

This subject utilises the Australian Urban Research Infrastructure Network (AURIN) portal as an e-learning resource for exploring what is possible in emerging in the new discipline of urban informatics. Students will also be exposed to a range of other complementary digital environments including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Demographic ageing is creating a shift in how to think and define homes, cities and public spaces. This subject explores feasible and sustainable approaches to keep the older segment of the population physically and socially active. Innovative changes in design can lead to significant advancements in service delivery, transportation models and homes that allow people to age in place. In addition, design principles for dementia and palliative care are a few of the many concepts that help minimise stress on people as they age and their families. Students will explore these topics and develop their own ideas about the way design can optimise the ageing process for comfort, security and overall well-being.

View detailed information in the Handbook

Property is the choice of investors amongst many avenues of asset classes and constitutes a significant share of the global wealth. The economic performance of most developed countries is influenced by the performance of their real estate markets. The property investment has witnessed numerous cycles of growth and recession, and is now considered as a mature and sophisticated market. In order to attract even wider participation, and to meet the appetite of diverse range of investors, newer instruments (in particular) real estate derivatives, are being developed across the globe. While financial and commodity derivative products are being used widely, financial engineering in property is relatively recent. These products have the potential to offer better returns and diversification, while prone to significant risks as the potential to destabilize the operating environment is large. It would be imperative to have better risk management capacity to configure and utilize these instruments.

The aim of this subject is to expose you to the linkage between structured finance and property markets, and the functioning of financial engineering products prevalent in Property domain, in particular real estate derivates, and to equip you with knowledge, skills required to understand, analyse and value different derivative instruments

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Representing Spatial Information is the study of conveying insight gained through geospatial data and information. Upon completion, students will be able to communicate complex relations and insights through visual storytelling and concise graphics.

This subject will introduce students to fundamental concepts in spatial information and provide a practical understanding of the rise of the Smart City and how spatial information can assist in evidenced-based and collaborative decision-making.

Students will also be exposed to a range of digital environments, including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Spatial Analytics is the study of geospatial digital data, information, knowledge and models to understand trends, complexities and inform decision process. The subject explores approaches at the intersection of spatial information, statistics and spatial analytics to further students’ understanding of the built environment.

The new science of cities is driven by the deluge of data that enables the mapping of new geographies that can be explored, analysed and synthesized. Studies of urban settlements require a deeper knowledge of digital data and how to access, interrogate and synthesis such data.

A range of research methods will be taught in combination with case studies to provide fundamental skills in Python, spatial analysis and sharpen critical spatial and analytical thinking. At the end you will have a set of Jupyter Notebooks in Python that can be deployed in future cases such as health, urban planning and real estate for evidence-based decision making.

View detailed information in the Handbook

Realising The Knowledge Economy develops a holistic approach to the understanding and realisation of the urban knowledge economy, i.e., an urban development strategy that draws upon knowledge-intensive sectors and activities. In particular, the implications and impacts of this strategy in property development and management, the planning of housing and infrastructure, and the attraction of human capital and the (re)construction of our built environment will be critically discussed. The subject will cover the various theoretical bases for the centrality of knowledge to the performance of urban economies, these knowledge will be used to analyse different models of planning, development and management of key knowledge spaces. It will also cover how property, the labour market and our built environment react to a knowledge-based development strategy worldwide.

Adopting a student-led learning approach, this subject is designed to capitalise on the multi-disciplinary nature of the student cohort. It uses case studies, active discussions, interactive problem solving, scenario analysis, peer review and group work, among other teaching and learning activities. An essential part of this subject is a group fieldwork around Melbourne to collect data on selected innovation districts and precincts, which requires innovative applications of your learning

Incidental Cost

This subject involves site visit( field work). Students are required to pay for their own travel.

View detailed information in the Handbook

This subject further develops fundamental knowledge of real estate assets and markets, and applies learnings in context of technical modelling and evaluation of real estate assets, for redevelopment, valuation and asset repositioning. Topics covered include: advanced development feasibility; advanced asset valuation and advanced asset repositioning considerations. These topic areas are supplemented by development of advanced technical modelling skills utilizing proprietary software, providing students with the potential for external accreditation in commonly used industry software. Students are required to apply this knowledge and skills to a real-life case project and develop a range of potential solutions for optimization of the asset.

The subject has four aims:

1. Provide students with an advanced understanding of complex real estate challenges and identifying opportunities for repositioning or re-development of the asset;
2. Provide students with the ability to critically analyse real estate asset health using qualitative and quantitative frameworks and formulate a strategic plan and model these from a financial perspective;
3. To equip students with specialist expertise in technical skills to undertake advanced development feasibility, advanced property valuation and life-cycle analysis utilizing industry proprietary software;
4. Develop students capacity to critically analyse, design, create and propose new well-researched and financially modelled strategies for real estate assets.

View detailed information in the Handbook

This subject aims to give students an introduction to construction regulations including:

• relevant State and Commonwealth government legislation and the Building Code of Australia (including performance requirements, Deemed to Satisfy solutions and alternative solutions);
• fire technology including fire science, fire statistics, causes of fire, wildfire, fire prevention, fire containment, automatic fire detection, fire properties of materials, fire resistance levels, human movement and emergency egress, emergency warning systems, emergency lighting and controlling fire spread;
• an overview of the BCA Deemed to Satisfy fire related provisions and associated standards and codes;
• an introduction to fire safety engineering including analysing fire and smoke spread, use of computer tools, preparing alternative solutions, evaluating alternative solutions;
• an introduction to sustainable building practice in the context of the legislation, regulations standards and codes,

View detailed information in the Handbook

The subject examines the features and functions of various construction plant and temporary works employed in Australia and abroad, comparatively discussing their advantages and disadvantages to facilitate selection according to specific construction contexts. The historical development of construction methods and the factors behind their trends and innovation are also discussed.

View detailed information in the Handbook

Overview of the legal system in Australia:

• The concept of property and ownership in Australia
• Comparative land policy
• The general law and the Torrens land registration systems
• The legal nature of land: improvements, fixtures and chattels
• Encumbrances: easements, restrictive covenants, right
• Co-ownership: subdivision, joint tenancy in common
• Licenses and leases
• Contract, tort and agency
• Occupier's liability
• Impact of heritage legislation

View detailed information in the Handbook

This subject aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision making in property development. The subject integrates in the context of development climate change risk, sustainability, social and ethical considerations. The core content and competencies focus on:

• the development process and the major players;
• property market research and analysis;
• the decision to build;
• time value of money;
• appreciation of investment and market valuation methods;
• development appraisal including residual analysis and cash flow modelling;
• price and worth; risk, return and risk analysis.

This subject may involve the following software: ARGUS Estate Master, ARGUS Developer. Details of software availability and pricing are captured at https://msd.unimelb.edu.au/graduate-research/resources/it-support#software.

View detailed information in the Handbook

The subject will examine the economic, social, legal and political context of land and property by focusing on:
1. Local, national and global economies: the changing spatial dimensions of land and property markets.
2. Social significance: social meanings attached to land and property and their effects on economic behaviour.
3. Regulatory regimes and public involvement: the legal framework for property market activity and its economic implications.
4. Governance and policy processes: the political significance and policy implications of land and property.

Prescribed software programs with no cost
SSPS Statistics 26, SPSS Amos 26
Prescribed software programs with a cost
RStudio

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.

View detailed information in the Handbook

This subject builds on property fundamentals and valuation principles, and focuses on current research and practices in the real estate market for specialist property assets. The subject aims to introduce to you a range of applied knowledge and skills for property valuation analysis and evaluation, such as:

• Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
• Advanced financial analysis;
• Composition and functioning of the property lending market;
• Property lenders and lending products;
• The determination (and assessment of major determinants) of lending interest rate;
• Contemporary risk issues;
• Measurement of returns.

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

This subject builds on the general legal principles and methodologies covered in earlier subjects. It is tailored to the need for construction professionals enrolled in the Master of Construction Management, to have an advanced and integrated understanding of the role of law and its application to the industry.

Topics to be covered include: causes of action; contracting methodologies and selection (including traditional and alternative forms of contract); the regulatory framework (including security of payment legislation); legal aspects of time, cost and quality; subcontracting; insurance and performance security; and dispute resolution and avoidance.

Students interested generally in the Construction Law program in the Melbourne Law Masters are encouraged to explore the Construction Law subject selection PDF guide.

View detailed information in the Handbook

Successful project development depends on pro-active cost management from feasibility through to design, tender and construction, to the completion and useful life of the project. This subject examines applications of economics, management, law and statistical techniques to construction cost economics and management.

Topics include: advanced cost modelling techniques with parametric and probabilistic cost estimating methods; cost-in-use studies and life-cost approach to building evaluation (LCC in practice); feasibility studies and financial decision-making; value management; tender analysis; construction claims, conflict and dispute management; professional practice in quantity surveying including professional ethics; the role of quantity surveyors during construction as it affects the valuation of preliminaries, fluctuations, change orders and accounts, provisional sums and prime cost sums, as well as the role of quantity surveyors in risk assessment.

Principles of professional liability in quantity surveying practice as well as the impact of advanced digital technology such as Building Information Modelling on Cost management are also examined.

View detailed information in the Handbook

This subject aims to give students the knowledge of the cost planning processes involved in establishing and maintaining a client’s budget within the multiple constraints of time, cost and quality. It provides students with the skills needed to effectively monitor the budget for a building project as design evolves prior to actual construction.

This subject examines the allocation of costs to individual building elements as well as developing student’s appreciation of costs, overheads and allowances that are attributed to the overall project cost.

Topics covered include design economics, building morphology, sources and uses of cost data, the cost planning of engineering services, functional analysis, computerised estimating, cash flow forecasting, and the basics of costing sustainable building design features.

Prescribed software programs with a cost
RiB CostX 6.9

Details of software availability and pricing are captured at https://edsc.unimelb.edu.au/student-experience/it-support

View detailed information in the Handbook

As the real estate market becomes increasingly international, it is necessary to understand how specific national markets operate and how they relate to one another within an international system. With globalisation, capital flows with increasing ease between national economies, and many real estate market actors - users, investors, developers and financiers - now search for opportunities across national boundaries. Real estate services, such as agency or research, have become international in order to serve these requirements.

At the global level, the institutional environment of real estate is extremely diverse. There are wide national differences in the economic, political, social and legal contexts within which real estate markets operate. Variations in planning control, landlord and tenant law, methods of valuation, professional education, and the symbolic significance of landed property represent important examples, and there are many others. Real estate market analysis therefore has to translate between different systems, both literally in terms of working language and metaphorically in terms of differences in business practice and culture.

This subject is intended to provide a comprehensive analysis of international real estate markets examining the rationale for their existence and development, its links to economic change, international financial diversification and institutional adaptation. The subject also examines the role of, and changes in, business culture to provide an understanding of the behaviour of real estate markets. The subject allows comparison over time of real estate markets in different countries, showing differences in market characteristics and changes thereof. The entry of international companies and their role in market development is also examined.

View detailed information in the Handbook

This subject critically reviews established and emerging research areas in the field of construction. This is accompanied by an exposition of the underlying research objectives, the methods in use or required, and the challenges and limitations of the methods.

Designed as an advanced, hands-on introduction to the culture and protocols of disciplinary research in construction, the subject has two aims: 1) To equip students with the skills necessary to conduct rigorous and original research; 2) To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation of their choice.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and commencing the research. The product of their work constitutes the basis for original empirical research project conducted in ABPL90359 Research Practicum in Construction and forms an integral part of the final research report of that subject.

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

Topics covered in this subject include:

• The role of corporate property in the strategic management of the organisation;
• Property as a strategic asset;
• Corporate property strategies and their alignment with organisational strategy;
• Models of CRE management;
• Tenure decisions;
• CRE portfolio analysis;
• CRE projects as interventions in CRE portfolios;
• CREM and procurement;
• Measuring corporate property performance;
• Workplaces and CRE;
• National and international locational analysis and competition;
• CRE information and information systems.

View detailed information in the Handbook

This subject is an in-depth examination of property investment and financing strategy and decision-making, with a focus on cash flows, return, and value. Property investments are surveyed with emphases on the analysis of commercial real estate and the theory and methods of investment analysis in respect to tax and financial consequences. Financial and non-financial determinants of investment feasibility of income-producing property are covered. The subject covers a range of approaches used in financing of investment properties. A case-based approach facilitates student learnings in analysing investment and financing strategies as they are applied to real world scenarios. Students will learn financial modelling skills, the art of investment and financing decision making involving qualitative and quantitative skills, and considerations that add value to property assets and investment portfolios of investors

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Property Research and Analysis is a taught module that draws on theories and techniques to analyse various property-related research questions in an applied way through selected research-based studies demonstrating how these theories and techniques are applied. The specific focus on research in this subject provides the foundation for ABPL90362 Research Thesis – Property.

The subject has two aims:

1. To equip students with the skills necessary to conduct rigorous and original research;
2. To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation into a research topic determined by the student in conjunction with an academic supervisor. The academic supervisor will guide the student while undertaking ABPL90362 Research Thesis – Property.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and beginning implementation of the research. The output of students' work constitutes the basis for the empirical work conducted in ABPL90362 Research Thesis - Property and forms an integral part of the final research report of that subject.

Together ABPL90363 Property Research Analysis and ABPL90362 Research Thesis - Property meet the 25-point research pathway to PhD requirement.

Prescribed software programs with a cost
SPSS Statistics

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

This subject builds on knowledge from Measurement of Building Designs (CONS20002) and Cost Management (ABPL90312). It comprises automated measurement and quantification for cost planning and documentation of commercial building works. Topics include: measurement of substructure; superstructure; reinforced concrete structures including frames, columns, beams and slabs; stair in steel and concrete; doors and windows in timber and steel including ironmongery; glazing; floor, wall and ceiling finishing; painting and decorations; measurement of mechanical and electrical installation for commercial buildings. It also addresses unit rate estimating and project pricing in depth. The subject uses 3D Building Information Model (BIM) as a platform for project pricing using CostX Software. Students will be introduced to 3D Building Information Modeling using Autodesk Revit Architecture Software or GraphiSOFT Software as well as model analysis workflow with Solibri software.

View detailed information in the Handbook

The subject provides students with an opportunity to produce an ordered, critical exposition of autonomously gained knowledge, thus demonstrating proper understanding of the nature, development strategies and conventions of research work, with particular focus in their area of specialisation.

The subject concentrates on the middle to final stages of research: from implementation of a research plan, to effectively interpreting and presenting results of the research plan implemented. Seminar group and one-on-one meetings are held with the supervisor/coordinator, to allow students to exchange and/or obtain advice on their topics.

Knowledge and materials prepared in the ABPL90363 Property Research and Analysis are to inform the final research report.

View detailed information in the Handbook

Students enrolled in this subject will partner with a host organization to complete an industry-based research project. Firms may be based in the commercial property development, investment, valuation, management and consultancy fields. Students will be supervised by the Subject Coordinator in collaboration with a designated party at the host organisation. Students will work on a research topic chosen by the host organization and will spend no more than 12 days working at the host organization over the course of the subject. Work will be limited to that needed to complete the research project. The Industry-Based Research Project will enable students to extend and apply the knowledge acquired through the Master of Property coursework subjects, will provide students with a valuable professional experience, and will extend their professional networks. This project can be taken to fulfil the research requirement of the Master’s in Property and may replace ABPL90362 Research Thesis – Property

View detailed information in the Handbook

Organised as an advanced seminar, this subject examines management issues relating to contemporary businesses within the construction industry. The various models of organisations and corporate strategies to achieve competitive advantage are researched and explored. Management concepts such as financial analysis, competitive strategy, innovation, negotiation, leadership and corporate social responsibility are analysed and discussed in the context of a contemporary construction company. More recent developments such as knowledge management, relationship marketing, operations management, and supply chain management etc. are also examined. Academic research, industry reports and relevant business school case studies are used extensively.

Incidental costs

Students will be required to purchase Harvard Business School cases for approximately $55-60 per person.

View detailed information in the Handbook

This subject provides advanced knowledge and skills on the technological design, performance requirements, procurement, manufacturing and construction of building envelope systems and materials.

Considering facades and roofing systems from start to finish of the building process, the subject gives insight on the specificity of the facade construction industry as a key agent of the design and delivery of contemporary projects.

New knowledge is built from the properties and behaviour of materials commonly used in building envelopes (e.g. glass, metals, insulation, sealants) and the fitness for purpose of different façade and roofing configurations, systems and products.

Learning activities focus on detailed design and construction technology aspects informed by regulatory benchmarks and established design principles, including waterproofing, wind-effects, air-tightness, thermal control, fire safety, acoustics, durability and safety in operation.

Industry perspectives are considered from the different standpoints of designers, head contractors, sub-contractors and specialist consultants by exploring facade-specific case studies in procurement, environmental performance, design management, testing, prototyping, fabrication, installation, defect prevention and building maintenance.

View detailed information in the Handbook

This subject provides an insight into the issues currently facing the construction industry. It aims to develop an understanding and awareness of the complex nature of construction supply chains and how they may be better managed to improve productivity, value, efficiency and client satisfaction within the construction industry. The network of organisations involved, through upstream and downstream linkages, in the different processes and activities that contribute to the production of construction artifacts is explored. The subject provides an introduction to supply chain management and provides the skills and knowledge needed to map construction supply chains, identify critical nodes and suggest possible solutions for improving existing construction practices. Case studies, site visits and industry guests are used to demonstrate current local and international industry practices and provide examples of the application of supply chain management-related initiatives in real-world projects.

View detailed information in the Handbook

The subject will expose you to the latest international developments in prefabrication and its application within construction. You will develop an appreciation for how prefabrication can be used to minimise or avoid many of the issues currently faced by the construction industry as well as the environmental, financial and social benefits that are possible.

The construction and associated challenges and benefits of prefabrication will be demonstrated through a series of case studies and site visits.

The use of prefabrication in construction will be covered at various scales and levels of complexity, including an in-depth look at a range of componentised, panelised and modular construction systems.

You will also develop professional expertise in the analysis of prefabrication as an alternative approach to procurement within the construction industry.

View detailed information in the Handbook

The subject exposes students to construction procurement in a broad sense, by articulating and examining the legal and functional links between multiple contracting parties in project delivery. Different procurement methods with their associated contract types are introduced, and the theories and principles governing their selection discussed. To this end, decision support system tools that can facilitate the selection process are introduced and practiced with case studies. Ethics in procurement, public procurement concerns and strategies, as well as international differences in the use of procurement methods, are also covered.

View detailed information in the Handbook

This subject sets the context for an understanding of the operations of firms within the construction production process. This includes conducting statistical analysis of the data concerning construction. By analysing construction’s contribution to national income and its linkages to other sectors of the economy it is possible to draw conclusions and gain insights into the operations of firms involved in the production of the built environment.

View detailed information in the Handbook

In this subject, students will evaluate, select, and implement Artificial Intelligence (AI) technologies to solve complex construction challenges, develop strategic approaches to AI adoption in construction organisations, and communicate AI-driven solutions through professional documentation and artefacts suitable for diverse industry stakeholders. This subject examines the transformative applications of AI across the complete construction lifecycle, from initial design through to post-delivery asset management. Designed specifically for students from diverse disciplinary backgrounds with no programming prerequisites, the subject provides accessible pathways to implementing AI solutions in construction practice. The subject encompasses three integrated themes: (i) analysing foundational AI principles and their strategic implications for construction industry transformation; (ii) critically examining contemporary AI-enabled methodologies revolutionizing construction project delivery; and (iii) applying practical AI tools and methodologies to real-world construction challenges through case-based learning. The subject combines advanced seminar discussions with hands-on workshops, enabling students to gain both theoretical knowledge and practical competency in deploying AI solutions for enhanced construction outcomes.

View detailed information in the Handbook

The construction industry is not only one of the largest employment sectors globally but also one of the most dynamic and complex industrial settings. The industry relies heavily on the skill set of a wide range of workers who are employed within diverse industry settings. This subject investigates the effective management of construction’s most important resource – its people. Overall it explores the importance of human resource management (HRM) in order to develop a high level of consistency between organisational and individual needs.

The subject begins by looking at contextual factors which influence the supply of workers and the management of this resource. A history of industrial relations, as it relates to construction, is provided along with an examination of industrial relations on construction projects today. Employment legislation as it applies in the Australian context is also presented. Individual and team based theories and models of organisational behaviour are then examined and human resource management theories and their key functions are presented providing students with current theoretical approaches to people management. Issues specific to the construction industry such as communication and teamwork; conflict management, negotiation and resolution; employee motivation and retention; organisational and project cultures; ethics and ethical behaviour; equal opportunity and diversity; work-life balance; career development and mentoring are also covered. This subject covers briefly some aspects of occupational health and safety (OHS) of workers (for instance psychological risks) but not issues such as legislation, statutory responsibilities of employers or current theories within OHS management.

Note: Students are expected to complete up to 100 pages of course readings and any other course preparation as outlined on the LMS. The LMS will become available earlier than the start date of the subject.

View detailed information in the Handbook

Research skills are paramount in the increasingly specialised world we live in. This subject provides you with an opportunity to conduct research on a topic of your choice, pertaining to construction. You will be focusing on the middle to final stages of research: from research design to interpreting research results and presenting them in writing, graphically and orally. The subject uses seminars with all students to share knowledge and advancement but mostly capitalises on one-on-one mentoring and supervision from dedicated supervisors to progress your research. You will use and build upon knowledge and materials acquired and developed in Research in Construction (ABPL90358) to inform your final research thesis.

View detailed information in the Handbook

Design Management has developed an increasingly important role within the construction industry since the development of new project acquisition methods from the 1990s onwards. These recognise the importance of the integration of the design and construction processes, the emergence of the project management profession as well as the more specialised role of architects and engineers. This industry role, to coordinate a team of people within a defined framework with agreed goals to achieve a desired design outcome, has evolved within various organisational settings such as architectural and engineering practices, project management consultancies and construction contracting companies. The organisation of the design effort to produce a set of deliverables that achieve the functional, financial and time requirements expected by the relevant key stakeholders is at the core of the design manager’s role. This subject will investigate these roles and responsibilities within the different organisational environments and throughout the project’s lifecycle. In addition, the unique stakeholder relationships and expectations of the design manager acting on behalf of the client, consultant or contractor will be explored and a design management plan developed for a contemporary commercial building project.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Successful project development depends on pro-active cost management from feasibility through to design, tender and construction, to the completion and useful life of the project. This subject examines applications of economics, management, law and statistical techniques to construction cost economics and management.

Topics include: advanced cost modelling techniques with parametric and probabilistic cost estimating methods; cost-in-use studies and life-cost approach to building evaluation (LCC in practice); feasibility studies and financial decision-making; value management; tender analysis; construction claims, conflict and dispute management; professional practice in quantity surveying including professional ethics; the role of quantity surveyors during construction as it affects the valuation of preliminaries, fluctuations, change orders and accounts, provisional sums and prime cost sums, as well as the role of quantity surveyors in risk assessment.

Principles of professional liability in quantity surveying practice as well as the impact of advanced digital technology such as Building Information Modelling on Cost management are also examined.

View detailed information in the Handbook

Cities are responsible for more than 70% of energy use and associated greenhouse gas emissions. The operation of buildings alone represents around 40% of energy use in many developed economies. Reducing energy use and transitioning towards zero greenhouse emissions in the built environment is therefore critical to sustain the Earth’s ecosystems and the general environmental equilibrium of the planet. This is further recognised by the UN sustainability goals, namely Goal 11: Sustainable Cities and Communities. With a growing world population, most of which going to live in cities, addressing this current and upcoming challenge is paramount.

The aim of this subject is to equip students with the skills and knowledge required to analyse, quantify, visualise and improve the energy performance of buildings, neighbourhoods and cities, at different scales of the built environment, towards zero greenhouse gas emissions.

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Political Economy of Design seeks to position and discuss architecture in relation to the world of production, economic interests and community benefits, at a local and global scale. By integrating yet moving beyond the stylistic, technological or sociological aspects of the discipline, the discussion reviews the industrial elements that are likely to affect programmatic objectives, formal directions and technical outcomes of building projects. Such discussion has a strong comparative bent, and is coloured by the notion of innovation - what it means from a social, technical and cultural point of view, and how it enters and affects different building markets. Attention is directed at understanding the distinction between innovation on one side and invention and technological change on the other. In this context, architecture's connection with planning and building disciplines is examined and criticised in the attempt to formulate a strategic framework for its use as an environmental policy instrument.

The subject has a lecture component and a research component. The lecture component provides a general theoretical framework largely borrowed from political economy, industrial theory, innovation theory and labour studies literature, but adapted to the analysis of the design and building sector. The research component seeks to apply the elements of this framework to a specific situation providing opportunities for applied research.

View detailed information in the Handbook

This subject aims to give students the knowledge of the cost planning processes involved in establishing and maintaining a client’s budget within the multiple constraints of time, cost and quality. It provides students with the skills needed to effectively monitor the budget for a building project as design evolves prior to actual construction.

This subject examines the allocation of costs to individual building elements as well as developing student’s appreciation of costs, overheads and allowances that are attributed to the overall project cost.

Topics covered include design economics, building morphology, sources and uses of cost data, the cost planning of engineering services, functional analysis, computerised estimating, cash flow forecasting, and the basics of costing sustainable building design features.

Prescribed software programs with a cost
RiB CostX 6.9

Details of software availability and pricing are captured at https://edsc.unimelb.edu.au/student-experience/it-support

View detailed information in the Handbook

Drawing from the lean principles originating in the Toyota Production System (TPS), lean practices have gained popularity in the construction industry (known as lean construction). Lean construction enhances value on projects and uncovers wasted resources. It has the potential to help owner organisations, contractors, and subcontractors to realise improvements in project delivery—including in terms of cost, schedule, quality, and productivity. This subject aims to develop students’ knowledge and understanding of lean construction as a philosophy, a bundle of lean tools, and a problem-solving culture which forms the lean construction body of knowledge. Key topics include lean philosophy, lean tools, and lean practices, and how they apply to construction in a national and international context.

View detailed information in the Handbook

Students will gain the ability to analyse the use of materials and the means of constructing buildings from antiquity on, but with particular reference to the nineteenth and twentieth centuries. Class activities will focus on the comparison of equivalent materials and trades between different cultures, and explore the transmission of skills, building processes and techniques from one to another.

View detailed information in the Handbook

Topics covered include:

• advanced life cycle based property asset management;
• economic modelling;
• asset management optimisation;
• functional and economic performance;
• standards;
• obsolescence;
• condition assessment;
• maintenance and refurbishment implications;
• market and income issues;
• property finance, accounting and taxation issues;
• risk analysis;
• public and private sector guidelines.

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

A series of case studies conducted in different countries or cities over four intensive weeks. Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost and accommodation is around AUD 5500 (AUD 2500 for travel and AUD 3000 for accommodation, food and local travel). One preferred/ recommended budget accommodation option in each of the cities will be provided.

Note: This subject includes a pre-teaching period. During the pre-teaching period students are expected to complete the course readings, review the lectures and any other course preparation as outlined on the LMS. The LMS will become available at the commencement of the pre-teaching dates.

View detailed information in the Handbook

A series of case studies will be conducted in one or two cities of an Asian country (chosen from China, Singapore, Indonesia, South Korea, and Japan), over two intensive weeks.

Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost is estimated to be about AUD 3000 (AUD 1200 for travel and AUD 1800 for accommodation, food, local travel and incidentals). One preferred/ recommended budget accommodation option will be provided.

Note:

• Travelling time: 29 June-10 July 2026
• The student will receive a $500 subsidy in 2026

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject explores planning and policy making for productive and competitive urban settlements by investigating the economic drivers, activities, and interrelationships of cities and regions. You will examine how making and moving of goods, services, and jobs shapes the vitality, structure and governance of cities and regions. Complex planning issues, requiring judgements about the competing demands of economic development and social needs, are associated with the growth and decline of sectors and places in their particular urban contexts. Various economic perspectives and examples are used to show and interpret how urban activities and sectors – such as manufacturing, transport, services, recreation, and creative activities – have locational and network impacts within and between cities. Special attention will be paid to comparative analysis and innovation in developing cities and regions, and to the implications of market failures and inequalities produced by economic development activities, and to crucial socio-economic agendas including Indigenous issues.

View detailed information in the Handbook

The subject concerns housing issues. The provision of housing is presented as a complex system of interplay between construction, finance, real estate and bureaucracy (and others). It considers the challenge of providing good homes to all within the context of consistent under-supply over decades and a policy preference for private sector delivery.

This subject has four components

1. The structure of housing provision. The roles and interplay between parts of the housing system including how markets work; the roles of developers, financiers, consumers and government; how the housing market works; supply, demand, role of property developers and the role of banks (including the growth of financialisation).
2. The contribution of housing form and planning for housing to the workings of cities.
3. The implications of market failure for certain population groups.
4. Low-income housing policy (e.g. social housing).

View detailed information in the Handbook

This subject aims to give students an understanding of the processes and issues relating to the transfer of freehold and leasehold interests in property with a commercial agency focus within the current legal and market context. The subject will be presented under three main themes:

1. real estate agency structures - legislation and agency practice, licensing, codes of ethics, consumer protection;
2. the management of an agency practice including trust accounts;
3. marketing and markets.

View detailed information in the Handbook

Urban Informatics is the study of cities using digital data, information, knowledge and models to understand trends, complexities and inform the formulation and evaluation of sustainable urban futures.

This subject aims to arm the student with the necessary fundamental concepts and practical understanding of the rise of the Smart City and how urban informatics can assist in evidenced-based and collaborative decision-making.

The new science of cities (Batty, 2013) is driven by the deluge of data that enables the mapping of the Smart City and new geographies that can be explored, analysed and synthesized. Planners, geographers, urban designers, landscape architects, spatial scientists and other disciplines interest in the urban settlements require a deeper knowledge of digital data and how to access, interrogate, visualize and synthesis such data to realise the vision of the smart and sustainable city.

This subject utilises the Australian Urban Research Infrastructure Network (AURIN) portal as an e-learning resource for exploring what is possible in emerging in the new discipline of urban informatics. Students will also be exposed to a range of other complementary digital environments including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Demographic ageing is creating a shift in how to think and define homes, cities and public spaces. This subject explores feasible and sustainable approaches to keep the older segment of the population physically and socially active. Innovative changes in design can lead to significant advancements in service delivery, transportation models and homes that allow people to age in place. In addition, design principles for dementia and palliative care are a few of the many concepts that help minimise stress on people as they age and their families. Students will explore these topics and develop their own ideas about the way design can optimise the ageing process for comfort, security and overall well-being.

View detailed information in the Handbook

Property is the choice of investors amongst many avenues of asset classes and constitutes a significant share of the global wealth. The economic performance of most developed countries is influenced by the performance of their real estate markets. The property investment has witnessed numerous cycles of growth and recession, and is now considered as a mature and sophisticated market. In order to attract even wider participation, and to meet the appetite of diverse range of investors, newer instruments (in particular) real estate derivatives, are being developed across the globe. While financial and commodity derivative products are being used widely, financial engineering in property is relatively recent. These products have the potential to offer better returns and diversification, while prone to significant risks as the potential to destabilize the operating environment is large. It would be imperative to have better risk management capacity to configure and utilize these instruments.

The aim of this subject is to expose you to the linkage between structured finance and property markets, and the functioning of financial engineering products prevalent in Property domain, in particular real estate derivates, and to equip you with knowledge, skills required to understand, analyse and value different derivative instruments

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Representing Spatial Information is the study of conveying insight gained through geospatial data and information. Upon completion, students will be able to communicate complex relations and insights through visual storytelling and concise graphics.

This subject will introduce students to fundamental concepts in spatial information and provide a practical understanding of the rise of the Smart City and how spatial information can assist in evidenced-based and collaborative decision-making.

Students will also be exposed to a range of digital environments, including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Spatial Analytics is the study of geospatial digital data, information, knowledge and models to understand trends, complexities and inform decision process. The subject explores approaches at the intersection of spatial information, statistics and spatial analytics to further students’ understanding of the built environment.

The new science of cities is driven by the deluge of data that enables the mapping of new geographies that can be explored, analysed and synthesized. Studies of urban settlements require a deeper knowledge of digital data and how to access, interrogate and synthesis such data.

A range of research methods will be taught in combination with case studies to provide fundamental skills in Python, spatial analysis and sharpen critical spatial and analytical thinking. At the end you will have a set of Jupyter Notebooks in Python that can be deployed in future cases such as health, urban planning and real estate for evidence-based decision making.

View detailed information in the Handbook

Realising The Knowledge Economy develops a holistic approach to the understanding and realisation of the urban knowledge economy, i.e., an urban development strategy that draws upon knowledge-intensive sectors and activities. In particular, the implications and impacts of this strategy in property development and management, the planning of housing and infrastructure, and the attraction of human capital and the (re)construction of our built environment will be critically discussed. The subject will cover the various theoretical bases for the centrality of knowledge to the performance of urban economies, these knowledge will be used to analyse different models of planning, development and management of key knowledge spaces. It will also cover how property, the labour market and our built environment react to a knowledge-based development strategy worldwide.

Adopting a student-led learning approach, this subject is designed to capitalise on the multi-disciplinary nature of the student cohort. It uses case studies, active discussions, interactive problem solving, scenario analysis, peer review and group work, among other teaching and learning activities. An essential part of this subject is a group fieldwork around Melbourne to collect data on selected innovation districts and precincts, which requires innovative applications of your learning

Incidental Cost

This subject involves site visit( field work). Students are required to pay for their own travel.

View detailed information in the Handbook

This subject further develops fundamental knowledge of real estate assets and markets, and applies learnings in context of technical modelling and evaluation of real estate assets, for redevelopment, valuation and asset repositioning. Topics covered include: advanced development feasibility; advanced asset valuation and advanced asset repositioning considerations. These topic areas are supplemented by development of advanced technical modelling skills utilizing proprietary software, providing students with the potential for external accreditation in commonly used industry software. Students are required to apply this knowledge and skills to a real-life case project and develop a range of potential solutions for optimization of the asset.

The subject has four aims:

1. Provide students with an advanced understanding of complex real estate challenges and identifying opportunities for repositioning or re-development of the asset;
2. Provide students with the ability to critically analyse real estate asset health using qualitative and quantitative frameworks and formulate a strategic plan and model these from a financial perspective;
3. To equip students with specialist expertise in technical skills to undertake advanced development feasibility, advanced property valuation and life-cycle analysis utilizing industry proprietary software;
4. Develop students capacity to critically analyse, design, create and propose new well-researched and financially modelled strategies for real estate assets.

View detailed information in the Handbook

This subject aims to give students an introduction to construction regulations including:

• relevant State and Commonwealth government legislation and the Building Code of Australia (including performance requirements, Deemed to Satisfy solutions and alternative solutions);
• fire technology including fire science, fire statistics, causes of fire, wildfire, fire prevention, fire containment, automatic fire detection, fire properties of materials, fire resistance levels, human movement and emergency egress, emergency warning systems, emergency lighting and controlling fire spread;
• an overview of the BCA Deemed to Satisfy fire related provisions and associated standards and codes;
• an introduction to fire safety engineering including analysing fire and smoke spread, use of computer tools, preparing alternative solutions, evaluating alternative solutions;
• an introduction to sustainable building practice in the context of the legislation, regulations standards and codes,

View detailed information in the Handbook

The subject examines the features and functions of various construction plant and temporary works employed in Australia and abroad, comparatively discussing their advantages and disadvantages to facilitate selection according to specific construction contexts. The historical development of construction methods and the factors behind their trends and innovation are also discussed.

View detailed information in the Handbook

Overview of the legal system in Australia:

• The concept of property and ownership in Australia
• Comparative land policy
• The general law and the Torrens land registration systems
• The legal nature of land: improvements, fixtures and chattels
• Encumbrances: easements, restrictive covenants, right
• Co-ownership: subdivision, joint tenancy in common
• Licenses and leases
• Contract, tort and agency
• Occupier's liability
• Impact of heritage legislation

View detailed information in the Handbook

This subject aims to give students the knowledge and skills to be able to operate as a property professional in the area of development advice and decision making in property development. The subject integrates in the context of development climate change risk, sustainability, social and ethical considerations. The core content and competencies focus on:

• the development process and the major players;
• property market research and analysis;
• the decision to build;
• time value of money;
• appreciation of investment and market valuation methods;
• development appraisal including residual analysis and cash flow modelling;
• price and worth; risk, return and risk analysis.

This subject may involve the following software: ARGUS Estate Master, ARGUS Developer. Details of software availability and pricing are captured at https://msd.unimelb.edu.au/graduate-research/resources/it-support#software.

View detailed information in the Handbook

The subject will examine the economic, social, legal and political context of land and property by focusing on:
1. Local, national and global economies: the changing spatial dimensions of land and property markets.
2. Social significance: social meanings attached to land and property and their effects on economic behaviour.
3. Regulatory regimes and public involvement: the legal framework for property market activity and its economic implications.
4. Governance and policy processes: the political significance and policy implications of land and property.

Prescribed software programs with no cost
SSPS Statistics 26, SPSS Amos 26
Prescribed software programs with a cost
RStudio

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Valuation for statutory purposes including rating. Examination of all taxes affecting property, including land tax. Compulsory acquisition and compensation.

View detailed information in the Handbook

This subject builds on property fundamentals and valuation principles, and focuses on current research and practices in the real estate market for specialist property assets. The subject aims to introduce to you a range of applied knowledge and skills for property valuation analysis and evaluation, such as:

• Contemporary consideration in valuation of specialist properties (e.g. rural properties, shopping centres, retirement homes, leisure centres, resorts, easements, etc);
• Advanced financial analysis;
• Composition and functioning of the property lending market;
• Property lenders and lending products;
• The determination (and assessment of major determinants) of lending interest rate;
• Contemporary risk issues;
• Measurement of returns.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

This subject builds on the general legal principles and methodologies covered in earlier subjects. It is tailored to the need for construction professionals enrolled in the Master of Construction Management, to have an advanced and integrated understanding of the role of law and its application to the industry.

Topics to be covered include: causes of action; contracting methodologies and selection (including traditional and alternative forms of contract); the regulatory framework (including security of payment legislation); legal aspects of time, cost and quality; subcontracting; insurance and performance security; and dispute resolution and avoidance.

Students interested generally in the Construction Law program in the Melbourne Law Masters are encouraged to explore the Construction Law subject selection PDF guide.

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Through an introduction to details of construction scheduling techniques and use of professional scheduling tools, this subject articulates the clear processes of logical development of time program for construction activities in projects. Real-life case projects are used for students to explore the concepts of activity definition, activity sequencing, resource allocation and resource leveling in the time schedule development process. Organised as a working seminar, the subject exposes students to clear visualisation of the construction processes and logical placement of construction activities whilst enabling them to understand underlying constraints in the schedule development context.

Prescribed software programs with no cost
Primavera

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

As the real estate market becomes increasingly international, it is necessary to understand how specific national markets operate and how they relate to one another within an international system. With globalisation, capital flows with increasing ease between national economies, and many real estate market actors - users, investors, developers and financiers - now search for opportunities across national boundaries. Real estate services, such as agency or research, have become international in order to serve these requirements.

At the global level, the institutional environment of real estate is extremely diverse. There are wide national differences in the economic, political, social and legal contexts within which real estate markets operate. Variations in planning control, landlord and tenant law, methods of valuation, professional education, and the symbolic significance of landed property represent important examples, and there are many others. Real estate market analysis therefore has to translate between different systems, both literally in terms of working language and metaphorically in terms of differences in business practice and culture.

This subject is intended to provide a comprehensive analysis of international real estate markets examining the rationale for their existence and development, its links to economic change, international financial diversification and institutional adaptation. The subject also examines the role of, and changes in, business culture to provide an understanding of the behaviour of real estate markets. The subject allows comparison over time of real estate markets in different countries, showing differences in market characteristics and changes thereof. The entry of international companies and their role in market development is also examined.

View detailed information in the Handbook

This subject critically reviews established and emerging research areas in the field of construction. This is accompanied by an exposition of the underlying research objectives, the methods in use or required, and the challenges and limitations of the methods.

Designed as an advanced, hands-on introduction to the culture and protocols of disciplinary research in construction, the subject has two aims: 1) To equip students with the skills necessary to conduct rigorous and original research; 2) To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation of their choice.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and commencing the research. The product of their work constitutes the basis for original empirical research project conducted in ABPL90359 Research Practicum in Construction and forms an integral part of the final research report of that subject.

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

Topics covered in this subject include:

• The role of corporate property in the strategic management of the organisation;
• Property as a strategic asset;
• Corporate property strategies and their alignment with organisational strategy;
• Models of CRE management;
• Tenure decisions;
• CRE portfolio analysis;
• CRE projects as interventions in CRE portfolios;
• CREM and procurement;
• Measuring corporate property performance;
• Workplaces and CRE;
• National and international locational analysis and competition;
• CRE information and information systems.

View detailed information in the Handbook

This subject is an in-depth examination of property investment and financing strategy and decision-making, with a focus on cash flows, return, and value. Property investments are surveyed with emphases on the analysis of commercial real estate and the theory and methods of investment analysis in respect to tax and financial consequences. Financial and non-financial determinants of investment feasibility of income-producing property are covered. The subject covers a range of approaches used in financing of investment properties. A case-based approach facilitates student learnings in analysing investment and financing strategies as they are applied to real world scenarios. Students will learn financial modelling skills, the art of investment and financing decision making involving qualitative and quantitative skills, and considerations that add value to property assets and investment portfolios of investors

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Property Research and Analysis is a taught module that draws on theories and techniques to analyse various property-related research questions in an applied way through selected research-based studies demonstrating how these theories and techniques are applied. The specific focus on research in this subject provides the foundation for ABPL90362 Research Thesis – Property.

The subject has two aims:

1. To equip students with the skills necessary to conduct rigorous and original research;
2. To provide them with an opportunity to develop a scholarly foundation and a theoretical framework for an investigation into a research topic determined by the student in conjunction with an academic supervisor. The academic supervisor will guide the student while undertaking ABPL90362 Research Thesis – Property.

The subject concentrates on the preliminary stages of research, from defining a research question through to planning and beginning implementation of the research. The output of students' work constitutes the basis for the empirical work conducted in ABPL90362 Research Thesis - Property and forms an integral part of the final research report of that subject.

Together ABPL90363 Property Research Analysis and ABPL90362 Research Thesis - Property meet the 25-point research pathway to PhD requirement.

Prescribed software programs with a cost
SPSS Statistics

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

This subject builds on knowledge from Measurement of Building Designs (CONS20002) and Cost Management (ABPL90312). It comprises automated measurement and quantification for cost planning and documentation of commercial building works. Topics include: measurement of substructure; superstructure; reinforced concrete structures including frames, columns, beams and slabs; stair in steel and concrete; doors and windows in timber and steel including ironmongery; glazing; floor, wall and ceiling finishing; painting and decorations; measurement of mechanical and electrical installation for commercial buildings. It also addresses unit rate estimating and project pricing in depth. The subject uses 3D Building Information Model (BIM) as a platform for project pricing using CostX Software. Students will be introduced to 3D Building Information Modeling using Autodesk Revit Architecture Software or GraphiSOFT Software as well as model analysis workflow with Solibri software.

View detailed information in the Handbook

The subject provides students with an opportunity to produce an ordered, critical exposition of autonomously gained knowledge, thus demonstrating proper understanding of the nature, development strategies and conventions of research work, with particular focus in their area of specialisation.

The subject concentrates on the middle to final stages of research: from implementation of a research plan, to effectively interpreting and presenting results of the research plan implemented. Seminar group and one-on-one meetings are held with the supervisor/coordinator, to allow students to exchange and/or obtain advice on their topics.

Knowledge and materials prepared in the ABPL90363 Property Research and Analysis are to inform the final research report.

View detailed information in the Handbook

Students enrolled in this subject will partner with a host organization to complete an industry-based research project. Firms may be based in the commercial property development, investment, valuation, management and consultancy fields. Students will be supervised by the Subject Coordinator in collaboration with a designated party at the host organisation. Students will work on a research topic chosen by the host organization and will spend no more than 12 days working at the host organization over the course of the subject. Work will be limited to that needed to complete the research project. The Industry-Based Research Project will enable students to extend and apply the knowledge acquired through the Master of Property coursework subjects, will provide students with a valuable professional experience, and will extend their professional networks. This project can be taken to fulfil the research requirement of the Master’s in Property and may replace ABPL90362 Research Thesis – Property

View detailed information in the Handbook

Organised as an advanced seminar, this subject examines management issues relating to contemporary businesses within the construction industry. The various models of organisations and corporate strategies to achieve competitive advantage are researched and explored. Management concepts such as financial analysis, competitive strategy, innovation, negotiation, leadership and corporate social responsibility are analysed and discussed in the context of a contemporary construction company. More recent developments such as knowledge management, relationship marketing, operations management, and supply chain management etc. are also examined. Academic research, industry reports and relevant business school case studies are used extensively.

Incidental costs

Students will be required to purchase Harvard Business School cases for approximately $55-60 per person.

View detailed information in the Handbook

This subject provides advanced knowledge and skills on the technological design, performance requirements, procurement, manufacturing and construction of building envelope systems and materials.

Considering facades and roofing systems from start to finish of the building process, the subject gives insight on the specificity of the facade construction industry as a key agent of the design and delivery of contemporary projects.

New knowledge is built from the properties and behaviour of materials commonly used in building envelopes (e.g. glass, metals, insulation, sealants) and the fitness for purpose of different façade and roofing configurations, systems and products.

Learning activities focus on detailed design and construction technology aspects informed by regulatory benchmarks and established design principles, including waterproofing, wind-effects, air-tightness, thermal control, fire safety, acoustics, durability and safety in operation.

Industry perspectives are considered from the different standpoints of designers, head contractors, sub-contractors and specialist consultants by exploring facade-specific case studies in procurement, environmental performance, design management, testing, prototyping, fabrication, installation, defect prevention and building maintenance.

View detailed information in the Handbook

This subject provides an insight into the issues currently facing the construction industry. It aims to develop an understanding and awareness of the complex nature of construction supply chains and how they may be better managed to improve productivity, value, efficiency and client satisfaction within the construction industry. The network of organisations involved, through upstream and downstream linkages, in the different processes and activities that contribute to the production of construction artifacts is explored. The subject provides an introduction to supply chain management and provides the skills and knowledge needed to map construction supply chains, identify critical nodes and suggest possible solutions for improving existing construction practices. Case studies, site visits and industry guests are used to demonstrate current local and international industry practices and provide examples of the application of supply chain management-related initiatives in real-world projects.

View detailed information in the Handbook

The subject will expose you to the latest international developments in prefabrication and its application within construction. You will develop an appreciation for how prefabrication can be used to minimise or avoid many of the issues currently faced by the construction industry as well as the environmental, financial and social benefits that are possible.

The construction and associated challenges and benefits of prefabrication will be demonstrated through a series of case studies and site visits.

The use of prefabrication in construction will be covered at various scales and levels of complexity, including an in-depth look at a range of componentised, panelised and modular construction systems.

You will also develop professional expertise in the analysis of prefabrication as an alternative approach to procurement within the construction industry.

View detailed information in the Handbook

The subject exposes students to construction procurement in a broad sense, by articulating and examining the legal and functional links between multiple contracting parties in project delivery. Different procurement methods with their associated contract types are introduced, and the theories and principles governing their selection discussed. To this end, decision support system tools that can facilitate the selection process are introduced and practiced with case studies. Ethics in procurement, public procurement concerns and strategies, as well as international differences in the use of procurement methods, are also covered.

View detailed information in the Handbook

This subject sets the context for an understanding of the operations of firms within the construction production process. This includes conducting statistical analysis of the data concerning construction. By analysing construction’s contribution to national income and its linkages to other sectors of the economy it is possible to draw conclusions and gain insights into the operations of firms involved in the production of the built environment.

View detailed information in the Handbook

In this subject, students will evaluate, select, and implement Artificial Intelligence (AI) technologies to solve complex construction challenges, develop strategic approaches to AI adoption in construction organisations, and communicate AI-driven solutions through professional documentation and artefacts suitable for diverse industry stakeholders. This subject examines the transformative applications of AI across the complete construction lifecycle, from initial design through to post-delivery asset management. Designed specifically for students from diverse disciplinary backgrounds with no programming prerequisites, the subject provides accessible pathways to implementing AI solutions in construction practice. The subject encompasses three integrated themes: (i) analysing foundational AI principles and their strategic implications for construction industry transformation; (ii) critically examining contemporary AI-enabled methodologies revolutionizing construction project delivery; and (iii) applying practical AI tools and methodologies to real-world construction challenges through case-based learning. The subject combines advanced seminar discussions with hands-on workshops, enabling students to gain both theoretical knowledge and practical competency in deploying AI solutions for enhanced construction outcomes.

View detailed information in the Handbook

The construction industry is not only one of the largest employment sectors globally but also one of the most dynamic and complex industrial settings. The industry relies heavily on the skill set of a wide range of workers who are employed within diverse industry settings. This subject investigates the effective management of construction’s most important resource – its people. Overall it explores the importance of human resource management (HRM) in order to develop a high level of consistency between organisational and individual needs.

The subject begins by looking at contextual factors which influence the supply of workers and the management of this resource. A history of industrial relations, as it relates to construction, is provided along with an examination of industrial relations on construction projects today. Employment legislation as it applies in the Australian context is also presented. Individual and team based theories and models of organisational behaviour are then examined and human resource management theories and their key functions are presented providing students with current theoretical approaches to people management. Issues specific to the construction industry such as communication and teamwork; conflict management, negotiation and resolution; employee motivation and retention; organisational and project cultures; ethics and ethical behaviour; equal opportunity and diversity; work-life balance; career development and mentoring are also covered. This subject covers briefly some aspects of occupational health and safety (OHS) of workers (for instance psychological risks) but not issues such as legislation, statutory responsibilities of employers or current theories within OHS management.

Note: Students are expected to complete up to 100 pages of course readings and any other course preparation as outlined on the LMS. The LMS will become available earlier than the start date of the subject.

View detailed information in the Handbook

Research skills are paramount in the increasingly specialised world we live in. This subject provides you with an opportunity to conduct research on a topic of your choice, pertaining to construction. You will be focusing on the middle to final stages of research: from research design to interpreting research results and presenting them in writing, graphically and orally. The subject uses seminars with all students to share knowledge and advancement but mostly capitalises on one-on-one mentoring and supervision from dedicated supervisors to progress your research. You will use and build upon knowledge and materials acquired and developed in Research in Construction (ABPL90358) to inform your final research thesis.

View detailed information in the Handbook

The subject focuses on major innovations in building materials, components, systems, and methods that require input from specialist trades and the adaptation of standard design and construction practices. Emphasis is placed on innovative construction methodologies that demand extensive planning and design management, as well as specialized construction practices. Topics may include advanced building construction and structural design principles, innovations in building materials and components, digital innovative methods, emerging construction systems, and advanced technologies in manufacturing, fabrication, and building processes. The subject content is reviewed annually to incorporate emerging practices and challenges within the building industry.

View detailed information in the Handbook

This subject introduces three key management systems used in the construction industry, namely Work Health and Safety Management Systems (WHSMS), Environmental Management Systems (EMS) and Quality Management Systems (QMS). It aims to provide relevant practical knowledge and skills to help manage projects to comply with specific safety, environmental and quality standards, codes and regulations. This subject endeavours to develop your knowledge and understanding of the processes and activities involved in preparing a Work Health and Safety (WHS) Plan and Safe Work Method Statement (SWMS) in accordance with the relevant Work Health and Safety legislation; a project-specific Environmental Management Plan (EMP) to manage environmental performance and conformity with environmental management policies, practices, and project specific environmental conditions; and a Quality Management Plan (QMP) in accordance with Australian and international standards. Major topics covered include management principles, models, and tools related to these three management systems.

View detailed information in the Handbook

Design Management has developed an increasingly important role within the construction industry since the development of new project acquisition methods from the 1990s onwards. These recognise the importance of the integration of the design and construction processes, the emergence of the project management profession as well as the more specialised role of architects and engineers. This industry role, to coordinate a team of people within a defined framework with agreed goals to achieve a desired design outcome, has evolved within various organisational settings such as architectural and engineering practices, project management consultancies and construction contracting companies. The organisation of the design effort to produce a set of deliverables that achieve the functional, financial and time requirements expected by the relevant key stakeholders is at the core of the design manager’s role. This subject will investigate these roles and responsibilities within the different organisational environments and throughout the project’s lifecycle. In addition, the unique stakeholder relationships and expectations of the design manager acting on behalf of the client, consultant or contractor will be explored and a design management plan developed for a contemporary commercial building project.

View detailed information in the Handbook

This subject was formerly called Project Evaluation and Management.

This subject develops fundamental knowledge in the technical modeling and evaluation of projects’ feasibility, procurement strategies and outcomes, both in the public and the private sector. Topics covered include: capital formation; role of interest rates; assessing financial feasibility and the investment decision; project financing and financing instruments; technological strategies; profitability; socio-economic impact of projects; cost-benefit analysis; fitness for purpose; and revision of forecasts and financial decisions during project implementation. Students are required to apply this knowledge to real-life case projects to develop appropriate models for the analysis and evaluation of how the work meets objectives and expectations of the parties involved.

Prescribed software programs with no cost
UCINET 32-bet

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

Cities are responsible for more than 70% of energy use and associated greenhouse gas emissions. The operation of buildings alone represents around 40% of energy use in many developed economies. Reducing energy use and transitioning towards zero greenhouse emissions in the built environment is therefore critical to sustain the Earth’s ecosystems and the general environmental equilibrium of the planet. This is further recognised by the UN sustainability goals, namely Goal 11: Sustainable Cities and Communities. With a growing world population, most of which going to live in cities, addressing this current and upcoming challenge is paramount.

The aim of this subject is to equip students with the skills and knowledge required to analyse, quantify, visualise and improve the energy performance of buildings, neighbourhoods and cities, at different scales of the built environment, towards zero greenhouse gas emissions.

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

An examination of how new products and processes are developed specifically in or for the building sector; a discussion of what constrains their dissemination; and a theory of how success can be determined. The dialogue established with the students in the subject has a strong comparative bent, and seeks to emphasise how technological innovation in building takes on a different meaning depending on industrial context, markets and economic cycles. Australian government positions and characteristics of the Australian industry are compared to other geographic realities to emphasise this point. Overall, attention is directed at distinguishing innovation from invention and technological change.

View detailed information in the Handbook

Organised as an advanced seminar, the subject exposes students to the various dimensions of risk management at different levels in a specific internal and external environment. Enabling them to establishing the contexts; identity, analyse and evaluate the risks; and select the best risk treatment options all according to Australian and International Standards.
The content of this subject ranges from studies of theoretical risk analysis techniques through real examples from industry, given emphasis on the various risk management strategies and approaches, decisions and options that leaders and managers in construction industry may assume to risk. At an organisational strategic level, the different perspectives of diverse stakeholders in the property development and construction process are considered (i.e. clients, developers, consultants, designers, contractors, tenants, financiers and authorities).
The subject also examines some of the ways in which stakeholders might assess and allow for risk through contingencies, allowances and margins. The reliance on specialised subcontractors is also studied from a risk management perspective. Case studies centring on risk at site, corporate and industry levels are extensively used in the subject to develop students’ analytical and research capacity in the topic by real scenarios.

View detailed information in the Handbook

Political Economy of Design seeks to position and discuss architecture in relation to the world of production, economic interests and community benefits, at a local and global scale. By integrating yet moving beyond the stylistic, technological or sociological aspects of the discipline, the discussion reviews the industrial elements that are likely to affect programmatic objectives, formal directions and technical outcomes of building projects. Such discussion has a strong comparative bent, and is coloured by the notion of innovation - what it means from a social, technical and cultural point of view, and how it enters and affects different building markets. Attention is directed at understanding the distinction between innovation on one side and invention and technological change on the other. In this context, architecture's connection with planning and building disciplines is examined and criticised in the attempt to formulate a strategic framework for its use as an environmental policy instrument.

The subject has a lecture component and a research component. The lecture component provides a general theoretical framework largely borrowed from political economy, industrial theory, innovation theory and labour studies literature, but adapted to the analysis of the design and building sector. The research component seeks to apply the elements of this framework to a specific situation providing opportunities for applied research.

View detailed information in the Handbook

Drawing from the lean principles originating in the Toyota Production System (TPS), lean practices have gained popularity in the construction industry (known as lean construction). Lean construction enhances value on projects and uncovers wasted resources. It has the potential to help owner organisations, contractors, and subcontractors to realise improvements in project delivery—including in terms of cost, schedule, quality, and productivity. This subject aims to develop students’ knowledge and understanding of lean construction as a philosophy, a bundle of lean tools, and a problem-solving culture which forms the lean construction body of knowledge. Key topics include lean philosophy, lean tools, and lean practices, and how they apply to construction in a national and international context.

View detailed information in the Handbook

Students will gain the ability to analyse the use of materials and the means of constructing buildings from antiquity on, but with particular reference to the nineteenth and twentieth centuries. Class activities will focus on the comparison of equivalent materials and trades between different cultures, and explore the transmission of skills, building processes and techniques from one to another.

View detailed information in the Handbook

This subject is suitable for graduate students seeking to understand the donor or sovereign government driven international development sector of international development and humanitarian work and the considerations and challenges in delivering culturally appropriate sustainable infrastructure outcomes. This subject complements the theory and principles in ABPL90277 Humanitarian Construction and further explores the policy settings, political motivations, contextual and cultural considerations of this specific area of the international development sector.

Through in-person class sessions, students will gain an appreciation of current theory, practices and approaches and undertake a series of group activities related to the delivery of infrastructure investment in this part of the international development sector. The subject has been designed to enable students to apply their technical discipline understanding and learnings from prior studies and work experience and to collaborate with interdisciplinary peers. Industry leaders, guest presenters and technical experts will share their experiences and project case studies for students to learn about the industry and to test and challenge their own personal values and perspectives when working in developing countries.

The subject will offer built environment and other graduate students an insight into the principles, strategic objectives and priority areas of delivering quality infrastructure to build genuine and respectful partnerships with our international neighbours in the Asia Pacific region. Topics will include how to prepare, plan, program, design and construct sustainable infrastructure in differing cultural contexts as well as how to consider policy, governance, economic, environmental and social factors in order to sensitively manage and implement complex program requirements linked to specific outcomes in a development context. Finally, students will also develop an understanding of potential pathways and employment opportunities in the international development industry.

View detailed information in the Handbook

This subject introduces the concept of social procurement in construction. Social procurement refers to contractual obligations of head contractors to meet targets for employment of women, Indigenous, CALD, socially disadvantaged, and disabled workers as part of the total workforce employed on a construction project. Social procurement targets also include local manufacture and supply of materials. The subject will examine the legal framework of social procurement clauses in contracts, and contemporary strategies employed by construction managers to meet those contractual obligations, including the use of specialist third-party providers to act as intermediaries. At the conclusion of the subject, students will be able to describe the expectations behind social procurement, investigate the obligations and consequences of social procurement targets in contracts, identify innovative construction methodologies that have community benefit beyond building, and propose and evaluate solutions to the challenge of social procurement.

View detailed information in the Handbook

Topics covered include:

• advanced life cycle based property asset management;
• economic modelling;
• asset management optimisation;
• functional and economic performance;
• standards;
• obsolescence;
• condition assessment;
• maintenance and refurbishment implications;
• market and income issues;
• property finance, accounting and taxation issues;
• risk analysis;
• public and private sector guidelines.

View detailed information in the Handbook

This subject provides a critical review of the theory of project management in construction by showing and reflecting on how the established set of project management competencies applies to all phases of building projects’ life cycle. Through project simulations and structured discussion, students are made aware of the relationship between quantitative data and qualitative decisions in a framework of relative uncertainty, and how this relationship is likely to change depending on project type, technological context and building coalitions. By covering new developments, trends and technologies in project management, the subject exposes students to possible transformations in the discipline. At the end of the subject, students are required to go through a self-assessment process that helps them identify knowledge gaps and own development paths as well as the importance of peer interaction and reflective learning in team environments.

Prescribed software programs with no cost

Microsoft Project

Details of software availability and pricing are captured at: https://msd.unimelb.edu.au/current-students/student-experience/it-support

View detailed information in the Handbook

The subject examines a number of topics relevant to the long-term ownership and use of buildings where sustainability is important. These topics include:

• Issues in property asset life cycles;
• Facility economics, including economic decision-making and life cycle costing;
• Triple-bottom line decision-making about property assets;
• Projects and interventions in properties’ life cycles;
• Property asset maintenance management;
• Depreciation and obsolescence of property assets; and
• Sustainability, value and investment decisions.

View detailed information in the Handbook

Topics covered include:

Commercial property as an investment asset class in Australia; Property joint ventures, partnerships, trusts, funds and companies; Listed and unlisted REITs; Valuation and pricing of listed and unlisted property securities; Equity and debt financing; Taxation of property investment vehicles, including stapled entities; Property funds management; Recent trends in property investment products.

View detailed information in the Handbook

A series of case studies conducted in different countries or cities over four intensive weeks. Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost and accommodation is around AUD 5500 (AUD 2500 for travel and AUD 3000 for accommodation, food and local travel). One preferred/ recommended budget accommodation option in each of the cities will be provided.

Note: This subject includes a pre-teaching period. During the pre-teaching period students are expected to complete the course readings, review the lectures and any other course preparation as outlined on the LMS. The LMS will become available at the commencement of the pre-teaching dates.

View detailed information in the Handbook

A series of case studies will be conducted in one or two cities of an Asian country (chosen from China, Singapore, Indonesia, South Korea, and Japan), over two intensive weeks.

Case studies are to be carried out in groups. They will cover a range of property, construction and infrastructure topics including project inception, project finance, project valuation and appraisal, urban planning policies and permits, project procurement and delivery, construction planning and management, construction technology and services, construction methods and equipment, construction and leasing contracts, and associated legal matters.

Candidates are required to arrange and pay for their own travel, accommodation and incidentals. The travel cost is estimated to be about AUD 3000 (AUD 1200 for travel and AUD 1800 for accommodation, food, local travel and incidentals). One preferred/ recommended budget accommodation option will be provided.

Note:

• Travelling time: 29 June-10 July 2026
• The student will receive a $500 subsidy in 2026

View detailed information in the Handbook

The focus of this subject lies in the integration of services and energy efficient strategies into the fabric of the building and its construction process. After introductory material on environmental quality and energy related issues, the subject provides students with knowledge in the field of electrical, mechanical, air handling, hydraulic and communication services and particularly the construction issues they generate: levels of documentation and decision-making required; connections with process planning; spatial requirements for functioning, installation and access purposes; protection and quality assurance; building tolerances; systems integration; layout strategies; work sequences and temporary works; contract coordination; testing; maintenance; and upgrading-replacement.

View detailed information in the Handbook

This aim of this subject is to study the legal framework within which urban planning takes place, and the ways that local provisions (e.g. ‘Planning Schemes' in Victoria) are prepared and administered to implement plans. The subject focuses on the legal frameworks and mechanisms used in Australia, with particular emphasis on Victoria. There is some critical comparison with alternative approaches used in other jurisdictions.

The intentions of the subject for students are threefold:
1. To understand the basis of key statutory processes and subsequently be able to undertake key entry-level statutory tasks that are of value to practitioners.
2. To develop skills that can be used for ongoing learning in statutory planning and planning law.
3. To critically consider existing planning processes, and ways they might be changed to achieve better outcomes.

The subject begins by establishing the role of regulation and laws in the processes and governance of urban planning, and the objectives that statutory planning seeks. The possible tensions and conflicts between these objectives, and the different approaches that might be adopted in dealing with these are considered. Through the lens of statutory planning, the challenges of climate change, recognition of indigenous cultural heritage, and professional ethics are examined alongside the pressures of ongoing population growth and development that seeks overall social, economic and environmental goals.

The main processes and roles of Victorian statutory planning process are covered in detail, addressing the amendment of planning schemes, permitting processes, scheme administration and reviews (appeals). Finally, the relationship between these urban planning systems and other regulatory systems, such as Commonwealth environmental legislation and indigenous processes are examined, before turning to the question of possible reforms.

View detailed information in the Handbook

This subject explores planning and policy making for productive and competitive urban settlements by investigating the economic drivers, activities, and interrelationships of cities and regions. You will examine how making and moving of goods, services, and jobs shapes the vitality, structure and governance of cities and regions. Complex planning issues, requiring judgements about the competing demands of economic development and social needs, are associated with the growth and decline of sectors and places in their particular urban contexts. Various economic perspectives and examples are used to show and interpret how urban activities and sectors – such as manufacturing, transport, services, recreation, and creative activities – have locational and network impacts within and between cities. Special attention will be paid to comparative analysis and innovation in developing cities and regions, and to the implications of market failures and inequalities produced by economic development activities, and to crucial socio-economic agendas including Indigenous issues.

View detailed information in the Handbook

The subject concerns housing issues. The provision of housing is presented as a complex system of interplay between construction, finance, real estate and bureaucracy (and others). It considers the challenge of providing good homes to all within the context of consistent under-supply over decades and a policy preference for private sector delivery.

This subject has four components

1. The structure of housing provision. The roles and interplay between parts of the housing system including how markets work; the roles of developers, financiers, consumers and government; how the housing market works; supply, demand, role of property developers and the role of banks (including the growth of financialisation).
2. The contribution of housing form and planning for housing to the workings of cities.
3. The implications of market failure for certain population groups.
4. Low-income housing policy (e.g. social housing).

View detailed information in the Handbook

This subject aims to give students an understanding of the processes and issues relating to the transfer of freehold and leasehold interests in property with a commercial agency focus within the current legal and market context. The subject will be presented under three main themes:

1. real estate agency structures - legislation and agency practice, licensing, codes of ethics, consumer protection;
2. the management of an agency practice including trust accounts;
3. marketing and markets.

View detailed information in the Handbook

Urban Informatics is the study of cities using digital data, information, knowledge and models to understand trends, complexities and inform the formulation and evaluation of sustainable urban futures.

This subject aims to arm the student with the necessary fundamental concepts and practical understanding of the rise of the Smart City and how urban informatics can assist in evidenced-based and collaborative decision-making.

The new science of cities (Batty, 2013) is driven by the deluge of data that enables the mapping of the Smart City and new geographies that can be explored, analysed and synthesized. Planners, geographers, urban designers, landscape architects, spatial scientists and other disciplines interest in the urban settlements require a deeper knowledge of digital data and how to access, interrogate, visualize and synthesis such data to realise the vision of the smart and sustainable city.

This subject utilises the Australian Urban Research Infrastructure Network (AURIN) portal as an e-learning resource for exploring what is possible in emerging in the new discipline of urban informatics. Students will also be exposed to a range of other complementary digital environments including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Demographic ageing is creating a shift in how to think and define homes, cities and public spaces. This subject explores feasible and sustainable approaches to keep the older segment of the population physically and socially active. Innovative changes in design can lead to significant advancements in service delivery, transportation models and homes that allow people to age in place. In addition, design principles for dementia and palliative care are a few of the many concepts that help minimise stress on people as they age and their families. Students will explore these topics and develop their own ideas about the way design can optimise the ageing process for comfort, security and overall well-being.

View detailed information in the Handbook

Property is the choice of investors amongst many avenues of asset classes and constitutes a significant share of the global wealth. The economic performance of most developed countries is influenced by the performance of their real estate markets. The property investment has witnessed numerous cycles of growth and recession, and is now considered as a mature and sophisticated market. In order to attract even wider participation, and to meet the appetite of diverse range of investors, newer instruments (in particular) real estate derivatives, are being developed across the globe. While financial and commodity derivative products are being used widely, financial engineering in property is relatively recent. These products have the potential to offer better returns and diversification, while prone to significant risks as the potential to destabilize the operating environment is large. It would be imperative to have better risk management capacity to configure and utilize these instruments.

The aim of this subject is to expose you to the linkage between structured finance and property markets, and the functioning of financial engineering products prevalent in Property domain, in particular real estate derivates, and to equip you with knowledge, skills required to understand, analyse and value different derivative instruments

This subject is designed to capitalise on the multi-disciplinary nature of participants. As such, it uses active discussions, interactive problem solving, peer review and group work, among other teaching and learning activities. In addition, the major assessment task is designed to allow for a significant amount of flexibility as you will be able to determine the focus of your own assignment. You will also be able to vote to determine subject content towards the end of the semester.

View detailed information in the Handbook

Representing Spatial Information is the study of conveying insight gained through geospatial data and information. Upon completion, students will be able to communicate complex relations and insights through visual storytelling and concise graphics.

This subject will introduce students to fundamental concepts in spatial information and provide a practical understanding of the rise of the Smart City and how spatial information can assist in evidenced-based and collaborative decision-making.

Students will also be exposed to a range of digital environments, including open data repositories, urban modelling and visualisation tools and open source geospatial information technologies.

View detailed information in the Handbook

Spatial Analytics is the study of geospatial digital data, information, knowledge and models to understand trends, complexities and inform decision process. The subject explores approaches at the intersection of spatial information, statistics and spatial analytics to further students’ understanding of the built environment.

The new science of cities is driven by the deluge of data that enables the mapping of new geographies that can be explored, analysed and synthesized. Studies of urban settlements require a deeper knowledge of digital data and how to access, interrogate and synthesis such data.

A range of research methods will be taught in combination with case studies to provide fundamental skills in Python, spatial analysis and sharpen critical spatial and analytical thinking. At the end you will have a set of Jupyter Notebooks in Python that can be deployed in future cases such as health, urban planning and real estate for evidence-based decision making.

View detailed information in the Handbook

Realising The Knowledge Economy develops a holistic approach to the understanding and realisation of the urban knowledge economy, i.e., an urban development strategy that draws upon knowledge-intensive sectors and activities. In particular, the implications and impacts of this strategy in property development and management, the planning of housing and infrastructure, and the attraction of human capital and the (re)construction of our built environment will be critically discussed. The subject will cover the various theoretical bases for the centrality of knowledge to the performance of urban economies, these knowledge will be used to analyse different models of planning, development and management of key knowledge spaces. It will also cover how property, the labour market and our built environment react to a knowledge-based development strategy worldwide.

Adopting a student-led learning approach, this subject is designed to capitalise on the multi-disciplinary nature of the student cohort. It uses case studies, active discussions, interactive problem solving, scenario analysis, peer review and group work, among other teaching and learning activities. An essential part of this subject is a group fieldwork around Melbourne to collect data on selected innovation districts and precincts, which requires innovative applications of your learning

Incidental Cost

This subject involves site visit( field work). Students are required to pay for their own travel.

View detailed information in the Handbook

This subject further develops fundamental knowledge of real estate assets and markets, and applies learnings in context of technical modelling and evaluation of real estate assets, for redevelopment, valuation and asset repositioning. Topics covered include: advanced development feasibility; advanced asset valuation and advanced asset repositioning considerations. These topic areas are supplemented by development of advanced technical modelling skills utilizing proprietary software, providing students with the potential for external accreditation in commonly used industry software. Students are required to apply this knowledge and skills to a real-life case project and develop a range of potential solutions for optimization of the asset.

The subject has four aims:

1. Provide students with an advanced understanding of complex real estate challenges and identifying opportunities for repositioning or re-development of the asset;
2. Provide students with the ability to critically analyse real estate asset health using qualitative and quantitative frameworks and formulate a strategic plan and model these from a financial perspective;
3. To equip students with specialist expertise in technical skills to undertake advanced development feasibility, advanced property valuation and life-cycle analysis utilizing industry proprietary software;
4. Develop students capacity to critically analyse, design, create and propose new well-researched and financially modelled strategies for real estate assets.

View detailed information in the Handbook