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Course Description

Real estate development projects have many moving pieces; the project manager guides and aligns resources to bring those pieces together into a coherent, financially successful whole. To develop critical project management skills, you will work through a case study and learn how to think like a project manager with guidance from Brad Wellstead, experienced former real estate development project manager and Cornell University faculty member. The practical tools and techniques you learn will allow you to confidently create a project schedule, set a realistic budget, and effectively manage resources, risks, and people.

You are required to have completed the following course or have equivalent experience before taking this course:

  • Introduction to Commercial Real Estate Development

Faculty Author

Brad Wellstead, Lecturer, The Hotel School, Cornell SC Johnson College of Business

Benefits to the Learner

  • Learn how to organize your development project for success by analyzing key characteristics that impact schedule and budget
  • Plan and manage resources by breaking down critical steps to create a project schedule with appropriate task durations and milestones
  • Track project performance by preparing a budget that accurately estimates all relevant costs and monitoring progress as the project unfolds
  • Analyze potential risks that could derail the schedule or budget and determine how best to mitigate them
  • Determine how to effectively select project team members and communicate with them

Target Audience

  • Professionals with financial or operational responsibility for real estate, investments, or financing
  • People working for (or aspiring to work for) real estate funds, REITs, real estate developers, or real estate advisory firms
  • Asset management professionals

Accrediting Associations

Applies Towards the Following Certificates

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The Hotel School, Cornell SC Johnson College of Business
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