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* Course qualifies for early pricing.
Classroom offerings: Register 30 days or earlier prior to the start date of an eligible course to save $100. Online courses are excluded from early pricing.

Quickly and efficiently complete the final steps needed to earn your CPM designation by enrolling in the CPM Capstone Track.  This track is designed for CPM Candidates who need to complete the management plan requirement and the CPM Certification Exam requirement. The first half of the week will be spent learning the essential components of a property management plan and then demonstrating proficiency in the elements that make up a management plan by completing the Management Plan Skills Assessment (MPSAXM), a classroom alternative to submitting an independent management plan. The track concludes with the CPM Certification Exam.

CPM Capstone Courses and Examinations:

• "Management Plan Skills Assessment" (MPSAXM) 
• "CPM Certification Exam" (CPMEXM) 

Check out CPM Capstone Track Student Webinars (MPSA, CPM Exam)

Cancellation Policy

Becoming an accomplished business professional takes more than just hard work. In fact, how you respond to ethical challenges has a big impact on your long-term personal reputation and success in business. But being ethical is not just a matter of following the law – it’s meeting the standards and expectations that govern the real estate profession. Professional ethics can make the difference between a career as an all-star and a career as an also-ran. Ethics matter. And people pay attention.

Register today and learn to tackle daily ethical dilemmas head on:

• Welcome to the Real World. Get a full overview of the IREM Code of Professional Ethics, including the study of actual ethics cases and their implications.
• Do the Right Thing. Tactics and strategies to resolve ethical dilemmas.
• Avoiding Conflict. Identifying factors that contribute to conflicts of interest so you’ll know when to avoid them.

Review the learning objectives of this course.

• IREM Code of Professional Ethics
• Real Life Ethics, 2nd Edition
• Transformational Leadership in the New Age of Real Estate, 2nd Edition
• What Property Managers Do: IREM Real Estate Management Job Analysis

Classroom: The classroom course is 7 hours (8:00 a.m. to 3:00 p.m.). Select a specific offering of the course from the dropdown menu above for exact dates and times. The course exam is taken online within 7 days after completing the course; instructions to access the exam are provided during the course.

Accelerators: Live Webinars

Accelerators: On-Demand

Cancellation Policy

* Course qualifies for early pricing.
Classroom offerings: Register 30 days or earlier prior to the start date of an eligible course to save $100. Online courses are excluded from early pricing.

It’s time to maximize the financial potential of your properties and finally take control of your property’s financial future. In this course, you’ll master all the necessary budgeting and accounting skills to help you meet your owner’s goals, improve NOI and make an impact on your property’s value.

You’ll explore real-life scenarios to better understand the full financial picture of a property, and walk away prepared to identify opportunities and confront challenges.

Register and get the core skills for successful fiscal planning:

• The “Basics”. We’re talking about basic accounting types, common accounting practices, and the nuts and bolts of budgeting – including types of budgets, variance analysis and financial reports.
• How to Count that Cash. Finally understand how to conduct a proper cash flow analysis. We’ll cover pro forma statements and cash flow trends.
• Be Your Own CPA. Unlock the mysteries of accounting. Do you know the difference between fee management and in-house management? Can you use a chart of accounts to organize the financial data in a general ledger? You will.
• Budget Like a Boss. You’ll compare various budget forecasting methods, and learn to use historical data or market benchmarks for forecasting and monitoring.

Take this course on its own or together with Managing Maintenance Operations and Property Risk — MNT402 with the Managing Maintenance & Budgeting Track.

• A standard calculator or smartphone calculator is required.

Review the learning objectives of this course.

Please note: taking FIN402, ASM603, ASM604, and ASM605 in consecutive order is strongly recommended.

• Income/Expense Analysis Reports
• Finance & Asset Management Forms and Checklists

Classroom: The classroom course is 2 days, including lunch and breaks. Typical course timeframe is 8:00 a.m. to 5:00 p.m. each day. Select a specific offering of the course from the dropdown menu above for exact dates and times. The course exam is taken online within 7 days after completing the course; instructions to access the exam are provided during the course.

Accelerators: Live Webinars

Accelerators: On-Demand

Access to the online course ends when you complete the course or 6 months after registration, whichever comes first.

Cancellation Policy

* Course qualifies for early pricing.
Classroom offerings: Register 30 days or earlier prior to the start date of an eligible course to save $100. Online courses are excluded from early pricing.

In the Managing Maintenance & Budgeting Track, you’ll complete your comprehensive training in property operations by covering property budgeting, accounting, and common financial reports, property maintenance programs, and risk management. After completing both Managing Maintenance & Budgeting Track and Managing People and Marketing Track, you’ll have mastered the diverse disciplines involved in maximizing your property’s potential.

Managing Maintenance & Budgeting Track courses:

 A standard calculator or smartphone calculator is required.

Cancellation Policy

* Course qualifies for early pricing.
Classroom offerings: Register 30 days or earlier prior to the start date of an eligible course to save $100. Online courses are excluded from early pricing.

Get ready to exceed your client’s expectations. Once you’ve finished this course, you’ll have what it takes to create and oversee quality, proactive maintenance operations that will minimize unexpected expenses and reduce risk. Register today and take your place among the industry’s high level practitioners known for delivering optimum property performance and maximizing value for the owner.

• Make a Plan. Learn to establish, execute and manage a preventive maintenance and risk management program, including budgetary considerations.
• What do you See? Realize the importance of proactive inspections that preserve the owner’s investment, and discover how to implement appropriate risk management strategies that reduce the potential for loss.
• Say What? Explore the ins and outs of major building equipment and systems. Speak knowledgably with maintenance personnel and contractors about how they work, what can go wrong, and guidelines and procedures to ensure proper maintenance and operation.
• The Lowdown on Maintenance Operations Management. Should you use contract workers? What factors should you consider? Learn how to select, manage and oversee the work of contractors. And learn to view your property’s operations from a 30,000-ft. level.

Take this course on its own or together with Budgeting, Cash Flow, and Reporting for Investment Real Estate (FIN402) with the Managing Maintenance & Budgeting Track.

Review the learning objectives of this course.

• Maintenance Forms and Checklists
• Before and After Disaster Strikes, 4th Edition
• Analyzing and Presenting Deep Retrofit Value course series
• IREM White Paper on Property Operations: Crisis Communications

Classroom: The classroom course is 2 days, including lunch and breaks. Typical course timeframe is 8:00 a.m. to 5:00 p.m. each day. Select a specific offering of the course from the dropdown menu above for exact dates and times. The course exam is taken online within 7 days after completing the course; instructions to access the exam are provided during the course.

Accelerators: Live Webinars

Accelerators: On-Demand

Access to the online course ends when you complete the course or 6 months after registration, whichever comes first.

Cancellation Policy

* Course qualifies for early pricing.
Classroom offerings: Register 30 days or earlier prior to the start date of an eligible course to save $100. Online courses are excluded from early pricing.

Management Plan Skills Assessment (MPSAXM) meets the management plan requirement for the CPM. It is one of two options for meeting the requirement. The other option is to submit and receive a passing score on the Management Plan Independent (MPLIND). Both options are designed to assess your knowledge of the concepts, technical skills, and processes involved in preparing, analyzing, and completing a property management plan following IREM standards.

IMPORTANT: It is strongly recommended that you complete the CPM education requirements before completing the management plan requirement.

The Management Plan Skills Assessment is completed in a classroom setting and includes a review of key concepts and a case study exam based on a property type of your choosing (office building, conventional apartment, or retail strip shopping center).

Technical Requirements:

The exam is completed electronically using a laptop computer that you must bring to the offering, meeting the following requirements:

1. Fully registered version of Microsoft Word 2003 or newer
2. Fully registered version of Microsoft Excel 2003 or newer
3. Windows Media Player (http://windows.microsoft.com/en-US/windows/windows-media-player) OR Apple QuickTime Player (http://www.apple.com/quicktime/download/)
4. Headphone port and headphones
5. USB port

Preparation Requirements

1. Attend a CPM Capstone Track Webinar offered monthly. This live webinar led by an IREM instructor will provide the information you need to ensure the best possible exam experience. You may also access the recorded webinar.
2. Download the MPSA Practice Spreadsheet. You will use a spreadsheet similar to this during the exam, so reviewing in advance will help you prepare.
3. Have either a handheld HP10bII+ financial calculator or download a desktop version. Cell phones and tablets are not permitted during the exam, so you will not be able to access a calculator app.
4. Have a photo ID in order to check in to your exam.
5. Review this Preparation Guide for additional information and preparation tips.

What you will learn:

• The importance of managing by plan
• Concepts, technical skills, and processes involved in preparing a management plan
• How to communicate effectively and convincingly the options and recommendations for meeting the objectives of ownership and the reasoning that leads to your final conclusions
• How to synthesize a vast range of facts and opinions into a coherent whole

View the learning objectives for MPSAXM.

Cancellation Policy