The IRES 2340 Reserve Fund Case Study course is designed for professionals who meet the academic requirements of the CRP (Certified Reserve Planner) designation. The course is the last educational component of the CRP designation and ends with an assignment that is due one (1) month after the course ends.

IRES 2340 is a four (4) day course, which has been designed to demonstrate the step by step performance of a reserve fund study, as required by new provincial condominium legislation. Students will actively participate in producing an actual reserve fund study report, which includes all the criteria and essential elements of a professionally prepared reserve fund study.

The course encompasses all aspects of a reserve fund study with attention to every detail of the reserve fund planning process. Students will visit and inspect a condominium building, examine and analyze building plans, provide a condition and life cycle analysis of the building components, and prepare a complete reserve fund study report.

The course will also cover the 15 elements of an effect reserve fund study in accordance with CRP Reserve Fund Study Standards which are:

Purpose and Definition
Reserve Fund Standards
Objectives and Outcomes
Reserve Component Classification
Component Cost and Condition Analysis
Economic Analysis
Benchmark Analysis
Financial Review and Analysis
Adequacy of Reserve Fund
Reserve Fund Cash Flow Projections

Who should attend:

Certified Property Mangers
Engineers
Accredited Appraisers

Prerequisite Courses:

IRES 2300 Introduction to Reserve Fund Studies and Management

IRES 2310 Building Construction and Systems

IRES 2320 Building Costing and Life Span Analysis

IRES 2330 Reserve Fund Financial Fundamentals

All course manuals and materials will be provided.

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