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Areas of Study

PMA240 Budgeting

Course Description

Explanation of the application of budgeting concepts to property management according to contractual parameters, dealing with revenue forecasts, and expense projections involved with the management of the property involved

Learning Outcomes

  • Develop a working understanding of financial aspects of property management.
  • Develop an operating budget for the applicable property.
  • Track and administer current activity to budgets.
  • Understand how to translate budgets into action items.
  • Administer specific elements of an operating budget.