APC questions Flashcards
Know your submission
what are the rules of conduct for Members
- Interpretation
In these Rules, unless the context otherwise requires, ‘Member’ means a Chartered Member, non-Chartered Member, Honorary Member or a member of the attached classes.
Communication - RICS will communicate with Members by any of the following:
a. post
b. fax
c. e-mail
d. telephone
e. in person
Ethical behaviour - Members shall at all times act with integrity and avoid conflicts of interest and avoid any actions or situations that are inconsistent with their professional obligations.
Competence - Members shall carry out their professional work with due skill, care and diligence and with proper regard for the technical standards expected of them.
Service - Members shall carry out their professional work in a timely manner and with proper regard for standards of service and customer care expected of them.
Continuing Professional Development (CPD) - Members shall comply with RICS’ requirements in respect of continuing professional development.
Solvency - Members shall ensure that their personal and professional finances are managed appropriately.
Information to RICS - Members shall submit in a timely manner such information, and in such form, as the Regulatory Board may reasonably require.
- Co-opertation
Members shall co-operate fully with RICS staff and any person appointed by the Regulatory Board.
How much Professional Indemnity Insurance do you need?
Turnover £ 100,000 or less = £ 250,000 limit of indemnity
£ 100,001 to £ 200,000 = £ 500,000 limit of indemnity
Over £ 200,000 = £ 1,000,000 limit of indemnity
How much CPD is done by a Grad and a Memeber?
a Grad does 48 hours over 2 years
Member is 20 hours a year
What procedures are in place to keep Landowners informed?
A Landowners will be provided with either, month, quarterly or yearly updates on how the promotion of their land is going.
What data base do you keep to keep you? and how does this help you?
The Database is an excel spreadsheet which is saved on a secure and encrypted domain only accessible to people inside the Business. It is compliant with GDPR under the Data Protection Act, it helps us ensure our Landowners are getting regular updates on how the promotion of their land is going
How have you developed through training your presentation Skills
I have developed my written skills by undertaking CPD on report weighting. I have developed my Oral Skills by doing practice interviews with people inside my organisation to ensure i am communication efficiently and with the correct information o the landower
How does body language affect a meeting
If someone had poor body language (crossed arms/no eye contact/ slouched) you would see this as being uninterested or defensive, this would have a negative impact on the other party.
What is your Lone Working Policy?
I ensure I have a fully Charge Mobile Phone
some one in the office knows how long I will be Out for
My shared Calendar has who I am meeting and where
what is PPE? and when is it used?
PPE = Personal Protection Equipment, I would use this hen undertaking a site visit after I have completed a Risk Assessment and Method Statement
On site how did you ensure everyones safety
I performed a risk assessment to identify any potential dangers, then provided everyone with a method statement on how to avoid this, (binley court loose tiles = Hardhats
what is an Auditing process?
internal Accountants does a Management report every month.
this is reviewed by the auditor once a year and gives an Audit opinion
this is used by 3rd parties to look at companies financial history.
What is Business Finacial Statements?
They let business owners know where they stand currently in areas such as assets, liabilities, income and cash flow, as well as how well they’ve done during a just-completed fiscal year
Why do you need to do a conflict check?
to make sure that you are working in the best interest all clients equally and you are not putting one clients objectives above another.
How do you do a Business finical statement?
gather all the information relating to equity, assets, income to produce a cash flow to show how the business has performed over the finical year and to show how much money is tied up in fixed assets or is available to spend
How do you budget for a development?
I undertake a Development appraisal to understand how much a development will cost to gather the correct finance if needed.
How do you manage conflict?
Chinese Wall - internal restrictions to ensure there is no conflict
non compete clause within a certain radius or town.
what is VPS 3?
Valuation Practice Statement 3
how do you store data safely and orderly?
Data is stored on the company’s hard drive which is backed up daily, ensure that only people relevant to the project can access certain information such as names and numbers to be compliant With GDPR
Are you aware of the recent GDPR regulations? what are there requirements for Firms?
8 Rights 1. access 2.to be Forgotten 3. Data Portabillity 4. Rights to be inforemed 5. Right to have information Correcte 6. Right to restrict Processing 7. right to Object 8 Right to be Notified
what is ISO134001?
Environmental management systems -is applicable to any organization that wishes to establish, implement, maintain and improve an environmental management system
what is the RICS Sustainability Policy? and where have you implemented this?
Brundtland Report, one by UN in 1987, Development that meeds the need of today without compromising the ability of future generations to meet their own needs
Remeber
what is an Annual Monitoring Report
A report is done the Council every year showing how many dwellings were delivered that year and if they and monitors performance against Local Plan Policies