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Practical Valuation Training | Completion Requirements | FPP to PVT | Archive: FPP Program
Practical Valuation Training (PVT)
The PVT Program a comprehensive learning program to ensure all applicants for RPV or CPV are well prepared for the transition from student to professional Valuer.
From January 2021, all candidates seeking to progress to RPV or CPV will have the benefit of up to 23 new modules with contemporary content, written by experts in the field. The PVT modules will be enrolled as one course and then candidates are free to progress through the modules in a pre-set order. This will provide improved educational support to our candidates and better equip them for the practice of valuation.
Practical Valuation Training (RPV) Learning Program
| Member | Non-Member | |
|---|---|---|
| All Modules | $1,370 | $1,830 |
| Learning Program (10% discount) | $1,175 | $1,647 |
Practical Valuation Training (CPV) Learning Program
| Member | Non-Member | |
|---|---|---|
| All Modules | $1,850 | $2,460 |
| Learning Program (10% discount) | $1,611 | $2,214 |
View the Event Registration Terms and Conditions, Refund and Cancellation Policy
Completion Requirements
The number of PVT modules required to be completed are determined by the membership level being applied for. In certain instances, additional valuation experience may reduce the number of modules required.
- RPV applicants must complete 17 compulsory modules.
- CPV applicants must complete 23 modules consisting of 21 compulsory modules and 2 elective modules.
- All applicants must then complete the Admissions Module prior to submitting their application.
- Those with 5 years demonstrated valuation experience will not need to complete the Fundamentals of Risk Management’ module.
You may find further information regarding RPV and CPV here.
Please select the membership level below for more information on the requirements:
The modules can be purchased from your learning portal. Please click here if you prefer to purchase this as a whole program. A discount of 10% applies when you purchase as a program.
Modules:
- National Admission Process RPV
- API Ethics and Rules Module
- International Valuation Standards Training Module
- Fundamentals of Risk Management
- Risk Management Module Online
- API Complaints and Discipline
- Introduction to Professional Standards
- Report Writing Fundamentals
- Communication in the Workplace
- Introduction to Professional Networking
- Data Collection
- Financial Data Interpretation and Reporting
- Financial Modelling to Assist Valuation Methodologies
- Residential Building Inspection
- Recording and Measurement
- Approaches to Insurance Assessments
- Compulsory Acquisition Fundamentals
Please note:
- Anyone conducting residential mortgage valuations utilising PropertyPRO must complete the current Australian Banking and Finance Industry Residential Valuation Standing Instructions Module. This must be completed prior to commencing work but is not a requirement of your API membership application.
- The National Admissions Process (CPV/RPV) is now a part of the Practical Valuation Training (PVT) courses for both CPV and RPV. Please be advised that the course is included in PVT courses purchased from 1 January 2022 onwards, but will need to be purchased as a separate module if PVT was purchased in 2021.
The modules can be purchased from your learning portal. Please click here if you prefer to purchase this as a whole program. A discount of 10% applies when you purchase as a program.
Modules
- National Admission Process CPV
- API Ethics and Rules Module
- International Valuation Standards Training Module
- Fundamentals of Risk Management
- Risk Management Module Online
- API Complaints and Discipline
- Introduction to Professional Standards
- Report Writing Fundamentals
- Communication in the Workplace
- Introduction to Professional Networking
- Data Collection
- Financial Data Interpretation and Reporting
- Financial Modelling to Assist Valuation Methodologies
- Residential Building Inspection
- Recording and Measurement
- Approaches to Insurance Assessments
- Compulsory Acquisition Fundamentals
- Land Use, Planning and Development
- Leasing Essentials
- Due Diligence Concepts
- Technology and Innovation in Valuation
Electives (any 2)
- Fundamentals of Commercial Valuation
- High Value Residential Valuation
- GST for Property Transactions
*Exceptions
Candidates with over five years of full-time valuation experience are required to complete the following modules only. Please upload your curriculum vitae outlining your experience while submitting your application.
- National Admission Process for CPV
- API Ethics and Rules Module
- International Valuation Standards Training Module
- Fundamentals of Risk Management
- Risk Management Module Online
- API Complaints and Discipline
- Introduction to Professional Standards
- Financial Data Interpretation and Reporting
- Recording and Measurement
- Approaches to Insurance Assessments
- Due Diligence Concepts
Electives (any 2)
- Fundamentals of Commercial Valuation
- GST for Property Transactions
- High Value Residential Valuation
Please note:
- Anyone conducting residential mortgage valuations utilising PropertyPRO must complete the current Australian Banking and Finance Industry Residential Valuation Standing Instructions Module. This must be completed prior to commencing work but is not a requirement of your API membership application.
- The National Admissions Process (CPV/RPV) is now a part of the Practical Valuation Training (PVT) courses for both CPV and RPV. Please be advised that the course is included in PVT courses purchased from 1 January 2022 onwards, but will need to be purchased as a separate module if PVT was purchased in 2021.
Compulsory Modules
The following modules must be completed by all candidates, irrespective of experience:
- API Ethics and Rules Module
- International Valuation Standards Training Module
- Fundamentals of Risk Management
- Risk Management Module Online
- API Complaints and Discipline
- Introduction to Professional Standards
FPP to PVT – Transition Process
The transition from the former FPP program to the new PVT program has now been completed.
FPP modules will no longer be recognised when submitting an RPV or CPV application. All applicants must have fully completed a PVT program of modules before submitting their application.
Important dates:
- The last date to complete all the modules under the FPP program was 1 June 2021
- The last date to submit your application under the FPP program was 1 August 2021
Archive: FPP Program
If you have any questions or queries, contact our Education department at [email protected].
