Conflict Avoidance, Management & Dispute Resolution Flashcards
• What are CBRE conflict of interest checks?
CBRE COI check align to the industry standards – CBRE use and internal system to check clients and buildings or conflicts
• What is the hierarchy of conflict?
- Avoidance
- Management
- Resolution
• How does a clear TOE minimize conflicts in the future?
Gives clarity on scope of work and fee calculations
How to avoid conflicts?
Concise TOE Proactive conflict avoidance Manage expectations Negotiate clearly and transparently Keep good records
• What does the RICS Professional Statement on Conflict of interests say?
Defines conflict of interest and requirement of informed consent, what is confidential information, identifies controls and systems that could be used
• What is alternative dispute resolution?
Process of dispute resolution falling outside courts – speed, informality, negotiation, costs, confidentiality
What are the methods of alternative dispute resolution?
Mediation
Arbitration
Independent Expert Determination
Acting as an Expert Witness
Any guidance on dispute resolvers?
Guidance note on COI for members acting as Dispute resolutions 2020
What is acting as an advocate?
Represent clients at judicial hearings
Duty solely to client
Act in a way to maintain integrity & must be competent
Forms of dispute resolution?
Negotiation
Mediation & Conciliations
Adjudicative Process