Live, interactive training with a consultant that is convenient and affordable.
ARGUS Software's professional trainers are ready to deliver superior online training to you and your team for ARGUS Solutions. Online courses include training comprised of real-world scenarios. Course descriptions and topics are listed below.
For more information on instructor-led online training please call +44 (0) 20 3551 6700 (option 3) or contact us by email at training@argussoftware.com
Standard Course - 3 Hours
Brief overview of ARGUS Valuation - Capitalisation
Creating portfolio, property and tenant records
Freehold and leasehold tenures
The Tenancy Schedule, full tenant screens, floor areas and
the Lease Schedule
Costs - capital and revenue
Valuations and an introduction to cash flows
Sensitivity analysis and reports
Intermediate Course - 3 Hours
The intermediate level course is designed for users who use the software infrequently, have recently attended the standard training, or want to prepare for the advanced training modules. The session is comprised of a 1-1.5 hour case study where the trainer will ensure that everyone is a proficient user of the software. The second half of the session creates a workshop-style environment that focuses on the areas most relevant to your business. This session ensures a level of competency in the software that is specifically tailored to your organisational requirements.
Supervisor Course - 3 Hours
The Supervisor course is aimed at those people who are responsible for the administration and set-up of ARGUS Valuation - Capitalisation. This covers Administration/Supervisor functions such as
Installation
Master database settings
Security - setting up of user log-ins and security rights
Templates
Multiple currencies and currency conversion tables
Controlling master lists
Advanced Course - 3 Hours (2 Modules)
Each advanced course module is 1.5 hours; select any two modules below to create your customised advanced course. It is strongly recommended that delegates have attended a standard course before attending advanced training.
Advanced Lease Modelling* (1.5 Hours)
Develop your skills in modelling complex and varied tenancy details and lease types, including:
Outstanding rent reviews
Tenants holding over
Indexed leases, including
using inflation groups,
specifying anniversary
dates and hurdle rates
Using the rent schedule
to review these lease details
and manipulate the rental
income profile
Review of valuation calculations
in the Rent Schedule
If time permits, this module
will also look at minimum
uplifts, modelling turnover
rents, geared ERVs and
single/multi-lease renewal
options
Discounted Cash Flow and Finance* (1.5 Hours)
Learn how to build your cash flow model, using both simple and detailed rental growth and exit value modelling options, including:
Review detailed cash flow
options and assumptions
and how these impact your
cash flow calculations
Generate a cash flow from
Present Value and IRR targets
Manipulate the cash flow
and customise the cash
flow view
Cash flow results, reporting
and exporting options
DCF sensitivity analysis,
looking at the impact of
varying growth and exit
yield assumptions on your
returns
Build finance into your
DCF model to generate geared
and ungeared returns, including
modelling multiple loans
Advance Data Entry (1.5 Hours)
Builds on the standard course to develop your modelling skills in Argus Valuation Capitalisation, including:
Modelling zoned and non-zoned
space and car parking spaces
in the Area Schedule and
making % adjustments to
the rental value
Void and rent free assumptions
both on current and future
leases
Break options and break
penalties
Froth and over-rented lease
valuation options
Using the rent schedule
to review and manipulate
the rental income profile,
including modelling stepped
rents
Review of valuation method
options and valuation calculations
in the Rent Schedule
Working with Multiple Records (1.5 Hours)
Advanced tips for quick and easy modelling of multi-tenanted properties including:
Creating and using rental
value groups, inflation/growth
groups and capitalisation
groups
Manipulating the tenancy
schedule including customising
the view and importing
data from Excel
Modelling leasehold interests,
including ground lease
terms, fixed and geared
ground rents and valuation
options
Advanced portfolio modelling,
including:
Portfolio asset
management
fees
Using multiple
currencies
within a portfolio
Traditional
valuation sensitivity
analyses, goal
seek targeting
values and
yields, reporting
and graphing
Analysis
(1.5 Hours)
Learn how to use the analysis module tools to maximum effect, including:
Category analysis - graphical
analysis of your portfolio
weighting by category
Data analysis - in-depth
tenant by tenant analysis
including weighted average
lease expiries, exposure
to particular tenants
or sectors, etc.
Performance and Projections
analysis - look
at the projected performance
of each property in the
portfolio including performance
measures such as total
return and capital growth
over time for buy/sell/hold
decisions
Rent analysis - apply
a doomsday scenario to
assess the security of
your portfolio income
Scenario builder to look
at the impact of variable
void, MRV and break assumptions
on portfolio value and
cash flows
Use of tag filters to
analyse filtered subsections
of your portfolio
Build forecast files
to model rental growth
and DCF exit yield assumptions
by category to use in
your cash flow projections
How to customise your
analysis, sort and group
data and generate reports
Workshop
Sessions (1.5 Hours)
Use a workshop session with one of our trainers to model your project data in ARGUS Valuation - Capitalisation. This can be a 3 hour session, or a 1.5 hour session combined with one of our advanced course modules above - contact us to discuss your particular requirements. Please note we need to receive a copy of the data at least two weeks in advance in order to prepare.
We can also customise advanced courses to meet your specific needs, providing the content fits into a 3 hour session - contact us to discuss your particular requirements. Please note we need at least two weeks prior notice in order to prepare.
*Recommended Core Modules
Standard Course - 3 Hours
Project screen - project assumptions
and defaults, setting up timescales
Definition screen - cost
and revenue data entry for commercial
and residential properties
Cash Flow screen - editing options,
exporting to Excel, data distribution
Summary screen and printing options
Sensitivity analysis
Intermediate Course - 3 Hours
The intermediate level course is designed for users who use the software infrequently, have recently attended the standard training, or want to prepare for the advanced training modules. The session is comprised of a 1-1.5 hour case study where the trainer will ensure that everyone is a proficient user of the software. The second half of the session creates a workshop-style environment which focuses on the areas most relevant to your business. This session ensures a level of competency in the software that is specifically tailored to your organisational requirements.
Workshop sessions (1.5 - 3 Hours)
Attend a workshop session with one of our trainers to model your project data in ARGUS Developer.
This can be a 3 hour session, or a 1.5 hour session combined with one of the advanced course modules below. Please contact us to discuss your particular requirements and note that we need at least two weeks prior notice in order to prepare.
Advanced Course - 3 Hours (2 Modules)
Each advanced course module is 1.5 hours; select any two modules below to create your customised advanced course. It is strongly recommended that delegates have attended a standard course before attending advanced training.
Advanced Data Modelling* (1.5 Hours)
Develop your skills in modelling complex development projects by delving further into:
Modelling commercial space
and unit sales
Using the wide area schedules
to speed up data entry,
using copy and automatic
fill-down features, and
customising the column
view
Using the construction
cost breakdown to detail
construction costs by type
Modelling additions and
deductions to tenant rents
and sales
Using the cost editors
to change the cost basis
and define detailed breakdowns
of costs
Data distribution – change
cost/revenue timings and
spread costs over a cash
flow stage
Modelling basic finance
using interest sets, applying
inflation and growth rates
Modelling VAT in your project
Timescale & Multi Phasing* (1.5 Hours)
A detailed look at the timescale & phasing, data distribution and residual options in ARGUS Developer, which will enable you to:
Model multi-phase projects
Use phase groups to analyse
different combinations
of uses to determine the
highest and best value
for your site
Link phase timings to key
stages of earlier phases
Model detailed data distribution
of your cost and revenues,
including repeating costs
and complex distribution
patterns
Linking the timing of costs
and revenues to your project
timescale; change the project
timescale and see your
costs redistributed instantly
Build models based on fixed
land costs and/or residual
land targets for all or
individual phases
Advanced Lease Modelling* (1.5 Hours)
A detailed look at modelling lettable units and the rental income from these in your project including:
Ground leases
Turnover rents
Stepped rents
Lease renewal options for
extended hold periods
Cash flow lease events
to review the income profile
during your hold period
Copying and moving area
records between phases
Structured Finance (1.5 Hours)
Learn how to model debt and equity project funding in ARGUS Developer and distribute profit in any order, including cascading and waterfall returns:
Create unlimited numbers
of debt and equity sources
of finance
Define the order and amount
of funds from each partner,
interest and fees charged,
and repayment of capital
How to include mortgage
takeout financing, inter
source transactions and
a reserve account
Model profit distributions
on a percentage basis or
using preferred and waterfall
returns
Reviewing finance performance
measures and geared partner
returns
Finance cash flow results
and reporting options
Single & Multi-Unit Sales (1.5 Hours)
How to use single and multi-unit sales in ARGUS Developer to model your residential projects, including:
Modelling unit construction
starts over time
Building your schedule
of sales over time
Modelling detailed sales
distributions, including
off plan sales, sales prior
to, during and after construction
Sales fees
Using sales contracts for
deposits and staged payments
Reviewing the unit information
rows to track the number
of units under construction,
completed and sold over
time in your project cash
flow
Operated Assets (1.5 Hours)
How to model hotels, golf courses and other operated assets in ARGUS Developer
Defining occupancy rates,
asset availability, activity
rates, etc. over time
Building your operated
asset profile to model
revenues and expenditures
over time
Calculating revenue and
expenses, including using
the occupancy and rate
profiles
Linking revenue and expenses
to other revenue and expense
items
Create summary cash flow
rows to display, e.g. departmental
profit
Operated asset cash flow
lines and reports
Analysis, Auditing and Reporting (1.5 Hours)
Use ARGUS Developer tools to analyse project risk and prepare high quality reports
Focuses on sensitivity
analysis, spot residuals,
IRR scenarios, graphing
and reporting options,
and the data checker
Multiple dimension sensitivity
analysis, including time
Project returns such as
IRR, rent cover and profit
erosion
Options to tailor your
reports including caveats
and logos
Define custom cash flow
view cycles
Using the data checker
to find and resolve issues
in a project
Customisation, Assumptions & Administration (1.5 Hours)
Create your own custom templates, including currency, area measures, rent payment cycles etc., to make creating new projects quicker and easier
A detailed look at the assumptions
for calculation options,
what these mean, how they
affect your project calculations
and how to set these in
your custom template for
future appraisals
Importing and exporting
options in ARGUS Developer,
including exports to Excel,
ARGUS Valuation - Capitalisation
and ARGUS Development Budget
Creating stamp duty schemes
and applying these to your
project
Detailed look at project
options, including cash
flow and summary display
options
*Recommended Core Modules
Basic Property Setup
This module will setup a basic office property, input miscellaneous revenues and expenses, and input basic tenant information. A cash flow report will be generated to review.
Rent Roll
This module will cover the setup of multiple tenants utilizing complex rent schedules and leasing terms. You will learn to set up detailed market leasing assumptions as well as run tenant level reports and expense reimbursement revenue reports.
Detailed Reimbursement Methods
This module will model simple and complex reimbursement methods and apply them to tenants. Individual tenant and expense reimbursement reports will also be used in this module.
Yield Menu and Reports
This module will cover the Yield Menu functions in ARGUS Valuation - DCF including purchase price, resale calculations, debit financing, and present value discounting. In addition, there will be a detailed review of the most commonly used reports in ARGUS Valuation - DCF as well as a review of reporting capabilities.
Portfolio
This module will create a file which combines the cash flows of two existing properties. Various overrides and scenarios will be applied to the new portfolio file.
Development and Partnerships
This module will build a retail property from the ground up. Various construction costs will be input and partnership cash distributions will be modelled.
Unit Sales
This module will model a simple development of lots including the construction schedule as well as the sales schedule.
Apartments
This module will teach you to model an apartment complex with multiple unit types.
Excel Integration
This module will show you how to generate Excel Reports from ARGUS Valuation - DCF models. This session will also include importing information from Excel into ARGUS Valuation - DCF.
Advanced ARGUS Valuation - DCF
This package includes three 60 to 90 minute courses covering the following advanced topics:
Advanced ARGUS Valuation - DCF Overview
This module is designed to improve your functional proficiency and conceptual understanding of ARGUS Valuation - DCF. Topics covered in this lesson include templates, property analysis and excel importing.
Advanced ARGUS Valuation - DCF Retail Sales and DRMs
This module covers the advanced functionality of Retail Sales and DRMs. Topics covered in this lesson include tiered percent rent and breakpoints, sub-lines, DRM categories and % rent offsets.
Advanced ARGUS Valuation - DCF Yield and Partnerships
This module covers the advanced functionality of Yield and Partnerships. Topics covered in this lesson include resale calculation, present value discounting, direct capitalization, auditing steps, and partnership structures.