This is a photo of were I was when the lecture was on. (Wanika, NZ)
Welcome to my latest blog post on week 3’s lecture on Estate Master!
Estate Master is a company that has been developing a flexible, easy-to-use and advanced property development software for the past 21 years, now used by professionals around the world.
The products that form part of the Estate Master software suite include:
- Estate Master DF – Property Development Feasibility Software
- Estate Master DM – Property Development Management Software
- Estate Master IA – Property Investment Appraisal Software
- Estate Master HF – Hotel Feasibility Software
- Estate Master CC – Corporate Consolidation Software
This lecture was presented by Alex Moffatt who talked about the role of IT in Property Valuation. Unfortunately I missed this lecture because I was in New Zealand. The topic sounded interesting, so I discussed the lecture with my colleagues. Combing the information I gathered from them and the lecture slides, it seems that whilst the presentation was good, it may have lacked information relating to us in terms of building and project management, and rather focused more on trying to sell the Estate Manager program.
So in order to gain a personal perspective on how this program could be useful as a future project manager, I did some research. The program does look great. Out of the 5 different products the Estate Master software offers, two stood out for me. These are the Development Feasibility Software, and the Development Management Software. I think they’d be really useful. A few helpful things these products allow you to do include:
- Report project variance – to client and keep the person paying the bills updated on the progress
- Update project stock summary – to see what materials we have used, how much we have left, and how much more we will need
- Estimate residential land value – to get a indication for property developers what the land is worth to then work out feasibility
Basically it’s like a second brain, or a first brain, I’m definitely not switched on enough to do these things as quick and effectively as the program does.
Overall, I think the program can easily be applied to real life situations and benefit your decision making in property and building. This again highlights how IT programs like these are becoming increasingly valuable in property and building. Stay posted!
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I strongly recommend checking out their products!
Estate Master:
Products:
http://www.estatemaster.net/page/products.html
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