Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


After the course the student

  • is able to describe the development process and its phases, different actors and their roles.
  • is able to analyse the market situation and based on the analysis propose relevant development concepts for a project.
  • is able to perform a feasibility analysis of a project and analyse its risks.

Credits: 6

Schedule: 25.04.2023 - 30.05.2023

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Ilkka Tomperi

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English


  • valid for whole curriculum period:

    • Development process and its phases
    • Different actors and their roles
    • Market analysis and development plan
    • Valuation of feasibility of development project
    • Uncertainty and risks in development process

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Lectures and an assignment. Note that participation in lectures is mandatory.The assessment methods and criteria will be defined in course syllabus. Preliminary and subject to change.

  • valid for whole curriculum period:

    160 hours (6 cr). The workload per activity type will be presented in the course syllabus.


Substitutes for Courses
SDG: Sustainable Development Goals

    11 Sustainable Cities and Communities

    12 Responsible Production and Consumption


Further Information
  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 period V
    2023-2024 period V

    Enrollment :

    Registration for the courses takes place on Sisu ( The course is offered only to students in the Master's Programme in Real Estate Economics, Master's Programme Creative Sustainability (Real Estate and Water Management) and Master's Programme in Urban Studies and Planning (real estate specialization, students in Minor in Real Estate Economics and those exchange students who have been pre-admitted to the course.