Housing Stock Management and Housing Policy

Course Leader: Dr Vsevolod Nikolaiev

Home Institution: National Academy for Public Administration, Kyiv, Ukraine

Course pre-requisites: Ukrainian group of city mayors, civil servants, post graduate students in public administration and real estate management.

Course Overview

The Government of Ukraine is going to elaborate a new Housing Policy Concept. In its framework the new methodology and tools of housing management must be taken into account. Both tasks need to study the fundamentals of Real estate management which is a new field of knowledge and an emerging profession in Eastern Europe. Therefore, we estimate that the advanced course “Housing Stock Management and Housing Policy” would be totally new and necessaire for Ukrainian specialists who are going to be professionals in Policy making, Facility management, Building management, Assets management, Property management in housing sector.   

The course is based on original lecturer’s scientific publications and practical experience.

The course consists of four parts, 10 lessons, 4 seminars and exam (Table):


Structure of the courseHousing Policy and Housing Stock Management”


Days/ hrs

Lessons/ hrs


Exam, hrs

1. Basics of real property and real estate management 





2.  Design, construction, operation and maintenance of residential houses





3.    Housing stock management





4. International experience and a new housing policy of the country















Learning Outcomes
By the end of this course students should be able:

  • to systematize new knowledge in the complex field of real property and real estate management (including such disciplines as fixed assets, construction, maintenance and operation management)
  • to apply different methods, tools, technologies and instruments to manage residential houses on different life cycle stages (planning, design, construction, maintenance, operation)
  • to apply their knowledge to manage private and public residential houses stock on local and national level
  • to communicate, to discuss, to find decisions, to solve problems in the field of the housing policy.

Course Content
Part 1. Basics of real property and real estate management

Day 1:

Lesson 1. Basics of real property management – 2 hrs

1.1. Property, real property and real estate legal definitions

1.2. Natural and man-made real property

1.3.  Public and municipal real property management

1.4.  Private real property management

Day 2:

Lesson 2. Developed real estate management – 4 hrs

2.1. Concept of developed real estate, classification of real estate objects

2.2. Complex content of real estate management

2.3. Subject domains of the real estate management

2.4. International standards of fixed assets management  

Day 3:

Lesson 3. Concept of real estate life-cycle management - 4 hrs

3.1. Genesis of Life Cycle Costing (LCC) conception

3.2. Information and methodical support of real estate life cycle management

3.3. Processes within real estate life cycle

3.4. Analysis and control of real estate life cycle cost    

Day 4:

Lesson 4. Digital modeling of real estate life cycle – 2 hrs

4.1. Concept and essence of Building Information Modeling (ВІМ)

4.2. Basic ВІМ advantages for real estate management

Seminar 1. BIM examples. BIM best practice – 2 hrs


Part 2.  Design, construction, operation and maintenance of residential houses

Day 5:

Lesson 5. Building maintenance management - 4 hrs

5.1. Estimation and construction cost     

5.2. Maintenance cost

5.3. Effective Building Maintenance Management (BMM)

5.4. Technical and economic evaluation of building condition

Day 6:

Lesson 7. Real estate operation management (Facilities Management) – 4 hrs

6.1. Real estate operation (Facility Management) tasks

6.2. COBie forms

6.3. Real estate operation on the COBie and ВІМ basis

Seminar 2. Information sources of building and facilities management – 2 hrs

 Part 3. Housing stock management 

Day 7:

Lesson 7. Housing stock condition assessment – 3 hrs

7.1.  Housing stock condition and renovation requirements

7.2. Cost of effective homeownership. Social housing sector development

7.3. Management of life cycle cost of residential housing stock

7.4. Housing stock financing

Seminar 3. Local housing stock maintenance and renovation of– 2 hrs

Day 8:

Lesson 8. Housing stock management companies – 3 hrs

8.1. International experience of organization

8.2. Quality level of products and services

8.3. ISO 55000 - 55010

8.4. National companies’ development

Part 4. International experience and a new housing policy of the country

Day 9:

Lesson 9. Nowadays housing policy – 3 hrs

9.1. History of housing policy

9.2. Critical analysis of existing housing policy

9.3. Problems to be resolved

Day 10:

Lesson 10.  Welfare states and their housing policy. Case of Ukraine - 3 hrs

10.1.  Welfare states models

10.2.  Housing policy models

10.3. Towards effective Ukrainian housing policy

Seminar 4.  Housing policy discussions – 2 hrs

Final assessment – 2 hrs

Instructional Method
The course consists of 10 lectures and 4 seminars (practical sessions).

The lectures will be taught using Power Point presentations.

The seminars assume reading of electronic texts then discussion, calculations and decision making.

Required Course Materials

Presentation and projection means.

The teachers and students will be asked to use their own computers. 

Autor’s basic textbooks:

  1. Куйбіда В.С., Ніколаєв В.П., Ніколаєва Т.В. Менеджмент об’єктів нерухомості публічної власності: Навчальний посібник / В.С. Куйбіда, В.П. Ніколаєв, Т.В. Ніколаєва. – К.: НАДУ, 2017. - 312 с. (Public Real Estate Management)
  2. Ніколаєва Т. В. Вартісно-орієнтоване управління нерухомим майном державної власності [монографія] / Тетяна Володимирівна Ніколаєва; Університет державної фіскальної служби України. – Ірпінь, 2018. – 354 с. (Value-orientated management of public real property)
  3. Менеджмент объектов недвижимости: бизнес-процессы и методы / И.В. Войтов [и др.] / под ред. д.т.н. И.В. Войтова – Минск: БГТУ, 2018. – 411 с. (Real estate management: business processes and methods)
  4. Будівельне інформаційне моделювання в управлінні вартістю життєвого циклу об’єктів: монографія / [В.С. Куйбіда, В.П. Ніколаєв, Т.В. Ніколаєва, С.Б. Січний та ін.]; за ред. д.е.н. В.П. Ніколаєва. – Івано-Франківськ: вид-во «Ярина», 2018. – 128 с. (Building information modeling in management of life cycle cost of facilities)


The current control will be carried out during lectures and seminars It will estimate: the attending lectures (L), the activity of the student's work in practical classes, seminars (S), the quality of student’s thematic reports.  

The final control will be the sum of points accumulated by the student based on the results of four parts studying.  Final control will provide an examination, after which the student will get a final score for the discipline composed of the sum of the results of the current control and final examination (Table).

Final control

Current control



Part 1

Part 2

Part 3

Part 4



L – 12, S - 2

L – 10, S - 2

L – 6, S - 2

L – 6, S - 2



Total - 30

Total - 20






 Assessment of students' knowledge is carried out on a 100-point scale and is: for current progress - 75 points, for the final examination - 25 points.  Next table is used to match the assessment of students' knowledge.




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