MPSAXM- Management Plan Skills Assessment

The MPSAXM is designed to assess your knowledge of the concepts, technical skills, and processes involved in preparing, analyzing, and completing a property management plan following IREM standards. It is completed in a classroom setting and includes an exam component that requires responses to management scenarios based on a property type.

REIC, through its partnership with IREM, is pleased to be able to provide your online examination and access to the course material using IREM’s learning platform.

The MPSAXM begins with a two-day intensive review of key concepts in a virtual or in-person classroom setting. This is followed by an online four-hour complex multiple-choice and short answer questions exam which will evaluate your ability to conduct several real-world analyses and make recommendations across scenarios and property types.

It is strongly recommended that you fulfill the CPM® education requirements before completing the management plan requirement.
Please note: Taking FIN402, ASM600, and MPSAXM in consecutive order is strongly recommended.​​

Currently, REIC is offering its courses via virtual (real-time remote), home study, or online through the University of Fredericton.  Please refer to the upcoming class schedule for full details regarding the delivery options available.

Upcoming MPSAXM Dates

If no upcoming dates are listed, please check back often for course additions.

Course Content

Relationship Management

• Evolution of common interest developments
  
• Common needs vs. individual rights
  
• Declarant/developer transition to management
  
• Owner and manager duties and responsibilities
  
• Working with boards
  
• Motivating volunteers and employees

Governance

• Governing documents
  
• Document hierarchy
  
• Amending documents
  
• Parliamentary procedures
  
• Meeting processes
  
• Enforcement issues

Legal and Risk Management

• Proper disclosure
  
• Compliance issues and record retention
  
• Managing risk
  
• Insurance
  
• IREM Code of Professional Ethics
  

Maintenance Management

• Maintenance systems
  
• Work orders
  
• Inspections
  
• Contractor negotiations
  
• Oversight