CPD 110 - Creative Critical Thinking: Advancing Appraisal to Stategic Advising

Pre-requisite: None.

These three lessons provide an introduction to the conceptual foundations underlying consulting and advisory services related to real estate. Students will learn how to: critically analyze the context for real estate problems, creating an effective foundation for further in-depth analysis of issues; effectively apply traditional and online research skills; identify risk and describe how it can be managed in real estate decisions; and develop the "meta-skills" necessary to succeed in the real estate service supply chain.

Course Outline

Foreword - Introduction to Professional Development Courses

Lesson 1: Critical Analysis

• Beyond Traditional Roles — Serving Client Needs
• Meta-Skills
• The "Real Estate Entrepreneur"
• Creative Critical Thinking and Problem Solving
• Elements of Critical Thinking
• Universal Intellectual Standards and Quality of Thought
• How Mental Models Influence Our Thinking and Decision Making
• Mental Models and Ladders of Inference
• Applying Critical Thinking Skills Effectively
• Making the "Right" Decision
• Creative Critical Thinking in Application

Lesson 2: Research Methods

• Introduction: Research and BUSI 460
• Research and Real Estate Analysis
• Practical Applications of Real Estate Research
• The Research Process
• Executing the Research Plan

Lesson 3: Risk Analysis and Learning from Auditing Experience

• Risk Management in Real Estate Decision Making
• Identifying and Accounting for Clients' Risk Tolerance
• The Risk Management Process
• A Risk Model
• Risk Models and the Risk Management Process
• Learning from Experience

Afterword

• The final examination

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