Property Manual - Chapter One   Property Management at Stanford University Overview Property management at Stanford University is an integral process supported by all departments. Effective and efficient management of equipment and materials, throughout their life cycle, help ensure university activities are performed in accordance with our policies, procedures and sponsor requirements. The property management system is comprised of policies, procedures, online systems and people, which support the overall educational, research and administrative missions of the University. What is “Property”? Within the context of this manual, “property” primarily includes equipment. However, depending on regulatory or other compliance requirements it may also include materials and supplies.