LIMITED SEATING - REGISTER EARLY TO ASSURE PARTICIPATION!
Management Plan Skills Assessment (MPSAXM)
Course location: Lakeshore Towers, 18101 Von Karman Ave.., Ste. 520 Irvine, CA 92612
DAY ONE 8:00 AM Registration; 8:30 AM to 5:00 PM Assessment Exercises DAY TWO 8:00 AM Assessment - Please note earlier start time on day two.
The MPSAXM si designed to assess a student's knowledge of the concepts, technical skills, and processes involved in preparation analyzing, and completing a property management plan. It is completed in a classroom setting and include an exam component that requires written responses scenarios based on a property type of your own choosing.
A student must attend all four days and receive a passing score on the exam in order to fulfill the CPM management plan.
The exam may be completed electronically or in a paper-based format during the four-day offering. Students must comply with specific guidelines and pre-course requirements prior to being able to complete the ELECTRONIC version.
The MPSA Exam includes several components:
IREM Management Plan Review (Day 1and 2) Prepare to complete the Management Plan skills Assessment by reviewing the importance of managing by plan and the IREM management plan outline. You'll discuss how the property analysis, market analysis, and analysis of alternatives contribute to a comprehensive management plan.
MPSA Exam/Concept Evaluation (Day 3) Begin the assessment process by answering a series of essay questions designed to evaulate your knowledge of the concepts, technical skills and processes involved in preparing a property management plan. The Concept Evaluation is open book.
MPSA Exam/Practical Application - Case Study (Day 3) Upon completion of the concept evaluation, you will be presented with information about a property, selected at the time you register (i.e., office building, conventional apartment, community association, or retail strip center). You will have approximately 6 hours to review and analyze the case study. You may choose to work with other participants in a study group or on your own. You will also have the opportunity to ask questions of an IREM facilitator. The Practical Application is open book.
MPSA Exam/Practical Application - Skills Assessment (Day 4)
Presented with a management scernario, you will work independently to prepare written essay answers to a series of questions that follow the IREM management plan outline. The questions are designed to measure your ability to analyze and communicate complex information needed to complete a workable management plan. The practical applicatioin is open book.
For this skills assessment, students must choose one property type out of the following options. Indicate your selection at the time of registration:
• Office building
• Conventional apartment
• Retail strip shopping center
Calculator Required: The HP10BII financial calculator is required for this course. Course materials illustrate keystrokes for this calculator only. Students taking this course are expected to have a working knowledge of the basic operations and functionality of the calculator. You are encouraged to download the "HP10BII Financial Calculator Quick Reference Guide" from www.irem.org and review it prior to taking this course.
Laptop Usage: The MPSA is now offferd inan electronic fomat. Students should bring their own laptop to the course, and must already have the working knowledge necessary to perform basic laptop functions and calculations.
Price $1,295