Assign different property to node and keep the value as it is

Although same can be done by updating property name directly if the old property is not required at all.

Backup table created as

CREATE TABLE CZ_PS_PROP_VALS_BKUP_6MAR12 AS SELECT * FROM CZ_PS_PROP_vALS;

Current count of this property usage of our models in RMT%In%Process folder

SELECT count(*), P.NAME

FROM cz_ps_prop_vals V, CZ_PROPERTIES P

WHERE P.deleted_flag=0

AND V.DELETED_FLAG=0

AND V.PROPERTY_ID = P.PROPERTY_ID

AND P.name like '%OFFERING%'

AND V.ps_node_id   IN

  (SELECT ps_node_id

  FROM cz_ps_nodes

  WHERE deleted_flag=0

  and devl_project_id IN

    (SELECT object_id

    FROM cz_rp_entries

    WHERE enclosing_folder = 136906

    AND deleted_flag       =0

    )

    )

  GROUP BY P.NAME;

Update query executed to update 394 rows

UPDATE CZ_PS_PROP_VALS

SET PROPERTY_ID = 5302 -- MYOFFERING

WHERE PROPERTY_ID = 5522 --YOUROFFERING

AND DELETED_FLAG=0

AND PS_NODE_ID IN (SELECT ps_node_id

  FROM cz_ps_nodes

  WHERE deleted_flag=0

  and devl_project_id IN

    (SELECT object_id

    FROM cz_rp_entries

    WHERE enclosing_folder = 136906

    AND deleted_flag       =0

    )

    );