1. Describe the nature of urban development. 2. Explain the role of planning and the planning process in urban development. 3. Distinguish the various stages of property development, life cycle and ownership of buildings. 4. Prepare a developer's budget and feasibility report for a development scheme. 5. Prepare a risk management report and understand sensitivity & scenario analysis. 6. Gain a practical knowledge of industry-relevant property development feasibility analysis. 7. Apply feasibility analysis theory to relevant industry case studies.