Property Accountability: The Life Cycle Course

Overview

Learn about the entire property management life cycle, from determining property needs and acquisition to managing accountability and disposal. These lessons emphasize best practices for property management, legal requirements, and effective leadership in managing property assets within federal agencies.

Syllabus

Module 1: Overview of the Property Management Life Cycle

Introduction to the life cycle of property management: acquisition, accountability, control, and disposal.
Learn about the role of asset management in supporting organizational objectives and meeting mission requirements.
Understand the roles of internal and external stakeholders, such as GSA, the acquisition office, and the property management office.

Module 2: Phase 1 – Determination of Need and Acquisition

Define the responsibilities of property managers in determining the need for property and equipment.
Understand the procurement process, including the importance of identifying appropriate acquisition sources and methods of supply.
Explore the challenges of managing customer expectations and overcoming issues related to property requests.

Module 3: Phase 2 – Accountability and Control

Learn how to manage the accountability and control phase, including tracking and managing physical inventories.
Understand the role of property custodians, accountable property officers, and the relationship between physical inventories and financial records.
Study methods for reconciling property discrepancies and ensuring compliance with internal and external standards.

Module 4: Phase 3 – Disposal

Understand when and why property should be disposed of, including situations of under-utilization, damage, or the end of a contract.
Learn about the various disposal options, including sale, donation, abandonment, and reutilization through GSA.
Understand the role of the property manager in ensuring proper disposal of property in compliance with government regulations.

Module 5: Team Leadership and Property Management

Explore the importance of leadership in property management, including identifying leadership styles and addressing team behaviors.
Understand how team leadership impacts the effectiveness of property management processes, including property acquisition, accountability, and disposal.
Learn how to manage teams to improve performance and foster collaboration in property management operations.