HADM 6580 - Advanced Project Management for Real Estate Development

Spring. 4 credits. Letter grades only.

Prerequisite: HADM 4570/HADM 6570 or permission of instructor. Enrollment limited to: 24 students. Elective. Co-meets with HADM 4580. Students may not add or drop this course after the third class meeting of the semester.

B. Wellstead.

This course is an experiential learning based course founded on applying skills and knowledge building on the development concepts from HADM 2550 and management skills from HADM 4570/ HADM 6570 to conceptualize, research, explore, and document a complete hotel development project plan. Students will work in multi-disciplinary groups to establish a concept, formulate a full team, analyze and choose a site, describe and refine a hotel product, ascertain market feasibility, program the property, explore financing options, detail the design process, document a risk management plan, outline RFP’s and procurements, develop and refine budgets and schedules, plan the building and construction phase, and create an operations turnover plan.