Capital and Asset Management (HOSP 3860)
This course introduces students to hospitality facilities planning processes from a management perspective. Systematic problem solving and decision making techniques are applied to budgeting, capital expenditure planning and cost benefit analysis of repairing, replacing or disposing of assets in the hospitality sector.
This course is part of the full-time Bachelor of Hospitality Management program.
This course is part of the full-time Bachelor of Hospitality Management program.
Course code: HOSP 3860
Credits: 3.0
Length: 45.0 hours
Course outline:
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https://www.vcc.ca/vccphp/courseoutline?subject=HOSP&number=3860
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0Additional Information
- Introduction to capital and asset management
- Asset management and investment plan and review
- The life cycle of an asset
- Maintenance management systems/Budgeting repairs and maintenance
- Decision making regarding asset management and investment
- Hotel and Restaurant Independent rating systems
- Risk management programs and loss prevention programs
- Capital and asset investment and procurement (acquisition, lease) processes
- Asset maintenance and improvements processes
- Treatment of assets at the end of their useful life
- Ethics in Capital and Asset Management
To learn more about the PLAR pathways for this course review the Bachelor of Hospitality Management Program Content Guide.
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.