Introduction to Property and Asset Management

700 – Introduction to Property and Asset Management: An overview of all major aspects of the land/property management function; designed to assist agencies and companies in establishing a cost-effective management plan. 

Course Number: C700
Course Title: Introduction to Property and Asset Management
Course Level: Core
IRWA Credits: 16 QEU / CEU
AQB Credits: Non Applicable

IRWA Course 100 “Principles of Land Acquisition” (or equivalent), and a minimum of 6 to 12 months of on-the-job experience


Course Description

This two-day, intermediate-level course addresses all major aspects of property and asset management. Participants will gain the necessary knowledge and skills to establish a cost-effective management plan that increases profitability, conserves resources, and reduces risk exposure.


  • New SR/WA: A beginning level course that is required for the RWP certification.
  • Industry: A beginning level course that is required in the Transportation Pathway for the SR/WA designation and an elective in the Generalist Pathway for the RWP certification.
  • Specialist: A beginning level required course for the R/W-AMC certification.


  • Establish, classify, and maintain a property inventory
  • Develop simplified management policies and procedures
  • Identify and evaluate risks, hazards and liabilities
  • Establish ownership monitoring schedules to control encroachments and other unauthorized uses
  • Decide if property should be leased, sold or held
  • Recognize advantages and pitfalls of joint use agreements
  • Effectively repair and maintain improved properties
  • Profitably dispose of excess lands or property rights

Course Tuition Includes

  • Participant Manual

Required Material

Non Applicable

Who Should take this course

This course is designed for the full-time asset manager or generalist who manages an organization’s properties and who addresses all major aspects of property management.


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Classroom Based Education

Online Education

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