Commonly wrong Flashcards
what is a conflict of interest? Do you know types?
a. Situation where there may be an actual, perceived, or potential risk that may compromise the judgement of a professional while undertaking a task
c. confidential info, personal, and party
Why do you want to be a chartered surveyor?
a. comply with rules of conduct
b. promote trust in the industry
c. In the private sector this would enable you to gain more interest from clients
RICS rules of conduct
a. 1. Members and firms must be honest, act with integrity and comply with both their professional obligations and RICS obligations.
b. 2. Members and firms must maintain professional competence and ensure services are carried out by a competent person.
c. 3. Members and firms must provide good quality diligent service.
d. 4. Members and firms must treat others with respect and encourage diversity and inclusion.
e. 5. Members and firms must act in the public’s interest, take responsibility for their actions and act to prevent harm and maintain public confidence in the profession.
4) What is the legislation that relates to fraud, and what are the punishments under this?
a. Fraud act 2006, unlimited fine or imprisonments up to 10 years
7) What is the different between subsidence, and settlement?
a. subsidence - water content? it is a loss of support from the sub soil causing stepped cracking
b. settlement - occurs when a building settles to meeting the bearing capacity of the sub soil
11) limitations of a moisture meter
a. used for timbers
b. surface readings only
c. used on metal surfaces it can give incorrect results
12) What are the remedial actions for rising damp
a. Chemically injected dpc
b. Clear cavity
c. Install new dpc
d. Remove material bridging the dpc.
3) How do you tailor your communication styles when speaking with different stakeholders?
d. Residents: Easy to understand and less technical yet formal
b. Managers/contractors/other departments: Correct grammar & professional manner
1) What is maintenance management?
c. The process of maintain assets and resources
d. To ensure good organising, maintenance, and improvement to assets
2) Why is maintenance management important?
To provide an overview of the condition of the stock. To ensure assets are maintained and improved to ensure rental income is maintained
5) What is the difference between planned and reactive maintenance?
a. reacting to defects when they occur - mentioned scope + cost is unknown
b. planned when work happens at specified time - cost + scope known
7) Do you know what PPM contract is
a. planned preventative maintenance contract
8) Why is it important that data of assets is accurate
a. ensure that the right tenant is in the right property
b. more so that demand is created by understanding the condition of the assets
10) what is an asset management strategy?
c. An asset management strategy is a plan for how an organisation acquires, maintains, and utilises it assets to help it achieve it overarching business goals
d. There are used to improve efficiency - ensure assets are being used to their full potential
e. Reduce cost - track assets usage and ensure they are being used correctly
f. Make better decisions - make more informed decisions
g. Gain competitive edge - maximising assets and align assets with business objectives