CPD Flashcards

1
Q

MODUS Property Journal: A step-by-step guide to valuation for APC

A

Learning Outcome 1: Understanding the due diligence procedures required before accepting a valuation instruction, such as verifying the accuracy of comparable sales data by cross-referencing multiple sources.

Example sentence: Cross-referencing multiple sources of comparable sales data is essential for ensuring accurate valuations.

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2
Q

MODUS Property Journal: A step-by-step guide to valuation for APC

A

Learning Outcome 2: Learning how to choose the appropriate method of valuation, for example, using the income approach for rental properties and the cost approach for new constructions.

Additional information: Understanding when to apply different valuation methods is crucial for accurate property assessments.

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3
Q

Strategic Public Sector Property Asset Management (PSAM) Webinar

A

Learning Outcome 1: Exploring strategic approaches to managing public sector property assets, such as implementing asset lifecycle management to optimize maintenance schedules.

Example sentence: Implementing asset lifecycle management can lead to cost savings and improved property performance.

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4
Q

Strategic Public Sector Property Asset Management (PSAM) Webinar

A

Learning Outcome 2: Learning how to enhance the value of public sector properties, for instance, through public-private partnerships to leverage private investment for public infrastructure projects.

Additional information: Public-private partnerships can provide resources for infrastructure improvements that benefit both the public and private sectors.

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5
Q

Matrics London - Generative AI and its Applicability Webinar

A

Learning Outcome 1: Understanding the potential impacts of Generative AI on the real estate industry, such as using AI to predict property market trends based on historical data.

Example sentence: Generative AI can analyze historical data to forecast future property market trends.

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6
Q

Matrics London - Generative AI and its Applicability Webinar

A

Learning Outcome 2: Exploring practical applications of AI technologies in real estate, like automating property management tasks such as rent collection and maintenance scheduling.

Additional information: AI technologies can streamline property management processes and improve operational efficiency.

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7
Q

Professionalism Module

A

Learning Outcome 1: Gaining required professional knowledge and skills to uphold RICS standards, such as understanding the importance of maintaining client confidentiality.

Example sentence: Upholding client confidentiality is a fundamental aspect of professional conduct in the real estate industry.

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8
Q

Professionalism Module

A

Learning Outcome 2: Understanding and committing to RICS’ Rules of Conduct, for example, adhering to ethical guidelines when dealing with conflicts of interest.

Additional information: Adhering to ethical guidelines ensures integrity and trust in professional relationships.

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9
Q

APC Success Training 2 - Ethics and Submission

A

Learning Outcome 1: Enhancing understanding of professional ethics, such as recognizing and addressing ethical dilemmas in property transactions.

Example sentence: Addressing ethical dilemmas with transparency and integrity is essential for maintaining professional credibility.

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10
Q

APC Success Training 2 - Ethics and Submission

A

Learning Outcome 2: Improving the structure and content of the summary of experience and case study for APC submission, for instance, by clearly outlining the steps taken to resolve a complex client issue.

Additional information: Providing detailed case studies demonstrates practical experience and problem-solving skills to assessors.

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11
Q

C&W 2024 Global Code of Business Conduct Training

A

Learning Outcome 1: Refreshing knowledge of the principles of the Global Code of Business Conduct, such as understanding the procedures for reporting unethical behavior.

Example sentence: Reporting unethical behavior promptly is essential for maintaining ethical standards in business conduct.

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12
Q

C&W 2024 Global Code of Business Conduct Training

A

Learning Outcome 2: Learning how to apply ethical decision-making in various business scenarios, for example, making decisions that balance profitability with social responsibility.

Additional information: Balancing profitability with social responsibility is key to sustainable business practices.

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13
Q

The Office is Dead, Long Live the Office: PropTech’s Golden Opportunity

A

Learning Outcome 1: Exploring the role of PropTech in redefining office spaces post-pandemic, such as using smart building technologies to enhance energy efficiency.

Example sentence: Implementing smart building technologies can reduce energy consumption and operational costs in office spaces.

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14
Q

The Office is Dead, Long Live the Office: PropTech’s Golden Opportunity

A

Learning Outcome 2: Identifying opportunities for innovation in office space management, like implementing flexible workspace solutions to accommodate hybrid working models.

Additional information: Flexible workspace solutions can enhance employee satisfaction and productivity in modern office environments.

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15
Q

Comparable evidence in real estate valuation (1st edition)

A

Learning Outcome 1: Understanding sources of comparable evidence used in property valuation, such as recent sales data from similar properties in the same area.

Example sentence: Utilizing recent sales data from comparable properties ensures accurate property valuations.

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16
Q

Comparable evidence in real estate valuation (1st edition)

A

Learning Outcome 2: Learning the general guidelines for using comparable evidence, for example, ensuring that the comparables are recent and reflect current market conditions.

Additional information: Valid comparable evidence is essential for making informed valuation decisions in real estate.

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17
Q

RICS Valuation – Global Standards Effective from 31 January 2022

A

Learning Outcome 1: Comprehending the main amendments to the RICS Red Book, such as changes to the valuation standards for sustainability and environmental considerations.

Example sentence: Valuation standards for sustainability aim to promote environmentally conscious practices in property assessments.

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18
Q

RICS Valuation – Global Standards Effective from 31 January 2022

A

Learning Outcome 2: Understanding the rationale for the revisions, for instance, to ensure valuations reflect the latest market practices and regulatory requirements.

Additional information: Revisions to valuation standards aim to align with industry best practices and regulatory standards for accurate property assessments.

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19
Q

Matrics London Embracing Change and Why That Matters in Real Estate Webinar

A

Learning Outcome 1: Recognizing the importance of adaptability in the real estate industry, such as being able to pivot strategies in response to market disruptions.

Example sentence: Adapting to market changes is crucial for maintaining competitiveness in the real estate sector.

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20
Q

Matrics London Embracing Change and Why That Matters in Real Estate Webinar

A

Learning Outcome 2: Learning strategies for embracing change to stay competitive, like adopting new technologies to streamline property management processes.

Additional information: Embracing change through technology adoption can lead to operational efficiencies and enhanced customer experiences.

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21
Q

MODUS: APC asbestos for Commercial Property Surveyors

A

Learning Outcome 1: Understanding the main problems with asbestos, such as its health risks when fibers are inhaled.

Example sentence: Proper asbestos identification and management are critical for safeguarding occupant health in commercial properties.

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22
Q

MODUS: APC asbestos for Commercial Property Surveyors

A

Learning Outcome 2: Identifying areas of buildings where asbestos is most likely to be found, for example, in older insulation materials and ceiling tiles.

Additional information: Older insulation materials and ceiling tiles are common areas where asbestos contamination can be present in commercial buildings.

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23
Q

UK & Ireland Reform of the Landlord and Tenant Act Webinar

A

Learning Outcome 1: Gaining understanding of the key changes introduced by the reform, such as new regulations on lease renewals.

Example sentence: Understanding lease renewal regulations is essential for landlords and tenants to comply with legal requirements.

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24
Q

UK & Ireland Reform of the Landlord and Tenant Act Webinar

A

Learning Outcome 2: Learning the implications of the reform for landlords, tenants, and property managers, for instance, how the changes affect lease negotiation strategies.

Additional information: Reform of the Landlord and Tenant Act can impact lease negotiation dynamics and property management practices.

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25
Q

UK & Ireland South West: An Overview of the Exeter Commercial Property Market Webinar

A

Learning Outcome 1: Understanding the current state of the Exeter commercial property market, such as trends in office space demand.

Example sentence: Analyzing office space demand trends in Exeter can provide insights for property investment decisions.

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26
Q

UK & Ireland South West: An Overview of the Exeter Commercial Property Market Webinar

A

Learning Outcome 2: Learning about market trends and developments, like the impact of new infrastructure projects on property values.

Additional information: Infrastructure projects can influence property values and market dynamics in the Exeter commercial real estate sector.

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27
Q

UK & Ireland Red Book Supplement Updated Edition Webinar

A

Learning Outcome 1: Understanding updates to the RICS Red Book Supplement, such as new guidelines for valuing green buildings.

Example sentence: Incorporating green building valuation guidelines promotes sustainable practices in property assessments.

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28
Q

UK & Ireland Red Book Supplement Updated Edition Webinar

A

Learning Outcome 2: Learning how to apply these updates in practice, for example, incorporating sustainability metrics into valuation reports.

Additional information: Implementing sustainability metrics in valuation reports enhances transparency and environmental accountability in property assessments.

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29
Q

UK & Ireland Valuation of Buy-to-Let and HMO Properties: 2nd Edition Webinar

A

Learning Outcome 1: Learning valuation techniques for Buy-to-Let and HMO properties, such as using rental yield calculations.

Example sentence: Calculating rental yields is essential for assessing the investment potential of Buy-to-Let and HMO properties.

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30
Q

UK & Ireland Valuation of Buy-to-Let and HMO Properties: 2nd Edition Webinar

A

Learning Outcome 2: Understanding the specific considerations for these property types, like accounting for occupancy rates and maintenance costs.

Additional information: Considering occupancy rates and maintenance costs is crucial for accurate valuation of Buy-to-Let and HMO properties.

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31
Q

Learning Outcome 1 for UK & Ireland Valuation of Buy-to-Let and HMO Properties: 2nd Edition Webinar

A

Learning valuation techniques for Buy-to-Let and HMO properties, such as using rental yield calculations.

Example sentence: Calculating the rental yield helps investors assess the potential return on investment.

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32
Q

Learning Outcome 2 for UK & Ireland Valuation of Buy-to-Let and HMO Properties: 2nd Edition Webinar

A

Understanding the specific considerations for these property types, like accounting for occupancy rates and maintenance costs.

Example sentence: Occupancy rates impact rental income, while maintenance costs affect overall profitability.

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33
Q

Learning Outcome 1 for UK & Ireland Commercial Real Estate Summer Update Webinar

A

Understanding the latest trends and developments in the commercial real estate market, such as shifts in tenant preferences.

Example sentence: Tenant preferences for flexible office spaces have increased due to the rise of remote work.

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34
Q

Learning Outcome 2 for UK & Ireland Commercial Real Estate Summer Update Webinar

A

Learning how to analyze market data and forecasts to inform strategic decision-making, for example, using economic indicators to predict market movements.

Example sentence: Analyzing economic indicators helps investors anticipate market trends and make informed decisions.

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35
Q

Learning Outcome 1 for UK & Ireland Reforming Part 2 of the Landlord and Tenant Act 1954 Webinar

A

Gaining insights into the proposed reforms, such as changes to security of tenure provisions.

Example sentence: Understanding the proposed changes helps real estate professionals prepare for upcoming legal modifications.

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36
Q

Learning Outcome 2 for UK & Ireland Reforming Part 2 of the Landlord and Tenant Act 1954 Webinar

A

Understanding the implications of these reforms on real estate practices, like how they affect lease renewal negotiations.

Example sentence: Reforms can impact negotiation strategies and lease renewal terms in the real estate industry.

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37
Q

Learning Outcome 1 for APC Success Training

A

Understanding the purpose of the APC, such as its role in ensuring professional competence.

Example sentence: The APC program evaluates and confirms the professional competence of candidates in the real estate sector.

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38
Q

Learning Outcome 2 for APC Success Training

A

Learning how to complete the paperwork for submission correctly, for example, accurately documenting work experience and CPD activities.

Example sentence: Proper documentation of work experience and CPD activities is essential for successful APC submission.

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39
Q

Learning Outcome 1 for TRIANA Data Platform Training

A

Familiarizing with the usage of the firm’s internal data management tool, such as how to input and retrieve lease event data.

Example sentence: Inputting lease event data into the platform allows for better tracking and analysis of property information.

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40
Q

Learning Outcome 2 for TRIANA Data Platform Training

A

Learning to identify risks and opportunities based on graphical data, for instance, using data visualizations to spot trends in lease expirations.

Example sentence: Data visualizations help identify patterns and potential risks in lease expiration dates.

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41
Q

Learning Outcome 1 for Conflicts of interest: Implementation and impact

A

Analyzing the RICS professional statement on conflicts of interest, such as understanding the requirements for disclosure.

Example sentence: Proper disclosure of conflicts of interest is crucial for maintaining ethical standards in the real estate industry.

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42
Q

Learning Outcome 2 for Conflicts of interest: Implementation and impact

A

Understanding how different sized firms handle disputes, for example, the procedures for managing conflicts in small versus large firms.

Example sentence: Small and large firms may have varying approaches to resolving conflicts of interest based on their organizational structure.

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43
Q

Learning Outcome 1 for Driving ESG in Real Estate and Construction – A Foundation for Impact Investment

A

Exploring foundational concepts of ESG in real estate and construction, such as the principles of sustainable development.

Example sentence: Sustainable development principles guide ESG initiatives in real estate and construction projects.

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44
Q

Learning Outcome 2 for Driving ESG in Real Estate and Construction – A Foundation for Impact Investment

A

Learning how ESG principles drive impact investment strategies, for example, attracting investors by demonstrating strong environmental performance.

Example sentence: Strong environmental performance based on ESG principles can attract impact investors seeking sustainable projects.

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45
Q

Learning Outcome 1 for C&W Anti-Money Laundering EMEA 2024

A

Learning key components of anti-money laundering regulations, such as the requirements for customer due diligence.

Example sentence: Customer due diligence is a critical step in complying with anti-money laundering regulations.

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46
Q

Learning Outcome 2 for C&W Anti-Money Laundering EMEA 2024

A

Understanding the legal consequences of non-compliance, for instance, the penalties for failing to report suspicious activities.

Example sentence: Non-compliance with anti-money laundering regulations can result in severe penalties, including fines and legal actions.

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47
Q

Learning Outcome 1 for The Evolution of The Office from a Place of Work to a Service

A

Understanding the transition of office spaces to service-oriented models, such as the rise of coworking spaces.

Example sentence: Coworking spaces exemplify the shift towards service-oriented office models in modern workplaces.

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48
Q

Learning Outcome 2 for The Evolution of The Office from a Place of Work to a Service

A

Learning the implications of this evolution on office space management, for example, the need for flexible lease terms.

Example sentence: The shift to service-oriented office models requires flexible lease terms to accommodate changing workspace needs.

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49
Q

Learning Outcome 1 for IPMS: All buildings - introduction and application

A

Learning about the International Property Measurement Standards (IPMS), such as the definitions of different measurement categories.

Example sentence: IPMS provides standardized measurement categories for consistent property valuation and comparison.

50
Q

Learning Outcome 2 for IPMS: All buildings - introduction and application

A

Understanding how to apply IPMS in various real estate contexts, for example, ensuring consistency in measuring office spaces.

Example sentence: Consistent application of IPMS in measuring office spaces promotes transparency and accuracy in property valuations.

51
Q

Learning Outcome 1 for UK & Ireland Commercial Real Estate Winter Update Webinar

A

Understanding the latest trends and developments in the commercial real estate market, such as changes in investment patterns.

Example sentence: Shifts in investment patterns impact market dynamics and investment opportunities in commercial real estate.

52
Q

Learning Outcome 2 for UK & Ireland Commercial Real Estate Winter Update Webinar

A

Learning how to analyze market data and forecasts to inform strategic decision-making, for example, using market reports to guide investment decisions.

Example sentence: Market reports provide valuable insights for making informed decisions on commercial real estate investments.

53
Q

Learning Outcome 1 for VAPC training - Business Alignment

A

Understanding principles of aligning property consultancy practices with business objectives, such as integrating real estate strategies with corporate goals.

Example sentence: Aligning real estate strategies with business goals enhances the overall performance and value of property consultancy practices.

54
Q

Learning Outcome 2 for VAPC training - Business Alignment

A

Adhering to RICS guidelines and APC competencies in Business Alignment, for example, ensuring that consultancy advice supports the client’s business strategy.

Example sentence: Following RICS guidelines ensures that consultancy advice aligns with the client’s business objectives and regulatory standards.

55
Q

Learning Outcome 1 for VAPC – Valuation, loan security valuations and Development Appraisals

A

Mastering techniques for conducting accurate valuations, such as using the residual method to determine the value of development properties by subtracting development costs from the gross development value.

Example sentence: The residual method helps assess the profitability of development projects by considering costs and potential returns.

56
Q

Learning Outcome 2 for VAPC – Valuation, loan security valuations and Development Appraisals

A

Learning about loan security valuations, for example, assessing the risk and value of a property as collateral for a loan, and understanding the factors that influence development appraisals, like market conditions and planning permissions.

Example sentence: Loan security valuations involve evaluating property value for loan collateral, considering risks and market conditions that affect development appraisals.

57
Q

Learning Outcome 1 for C&W 2023 Equity, Acceptance, and Respect: Global Harassment & Discrimination Prevention

A

Understanding different forms of harassment and discrimination, such as recognizing microaggressions and their impact on workplace culture.

Example sentence: Recognizing microaggressions is essential for creating an inclusive and respectful workplace environment.

58
Q

Learning Outcome 2 for C&W 2023 Equity, Acceptance, and Respect: Global Harassment & Discrimination Prevention

A

Learning how to promote a culture of equity and respect in the workplace, for example, implementing policies and training programs to prevent harassment and discrimination.

Example sentence: Implementing policies and training programs fosters a culture of equity and respect, reducing instances of harassment and discrimination in the workplace.

59
Q

Learning Outcome 1 for Code for leasing business premises, 1st edition

A

Understanding essential procedures and prerequisites for commercial agency agreements, such as the importance of clear and comprehensive heads of terms to outline the main lease conditions.

Example sentence: Clear heads of terms help establish mutual agreements and expectations in commercial lease agreements.

60
Q

Learning Outcome 2 for Code for leasing business premises, 1st edition

A

Learning about the Heads of Terms that must be included in agreements, for example, specifying rent, lease duration, and tenant obligations to ensure both parties.

Example sentence: Including key terms like rent and obligations in agreements ensures clarity and compliance for both landlords and tenants.

61
Q

Learning Outcome 1: Understanding essential procedures and prerequisites for commercial agency agreements

A

Importance of clear and comprehensive heads of terms to outline the main lease conditions

3

62
Q

Learning Outcome 2: Learning about the Heads of Terms that must be included in agreements

A

Specifying rent, lease duration, and tenant obligations to ensure both parties are aware of their commitments

3

63
Q

Learning Outcome 1: Learning how to draft heads of terms for conditional sales and lettings

A

Including conditions precedent that must be met before the transaction can proceed

4

64
Q

Learning Outcome 2: Understanding legal and practical considerations involved in conditional transactions

A

Ensuring all parties agree on conditions and timelines to avoid disputes

4

65
Q

Learning Outcome 1: Understanding key provisions of the Equality Act 2010

A

Requirement to make reasonable adjustments for disabled employees

5

66
Q

Learning Outcome 2: Learning the implications for property professionals

A

Ensuring properties are accessible and compliant with the Act to avoid discrimination claims

5

67
Q

Learning Outcome 1: Understanding significant market changes and trends

A

Impact of economic factors like interest rates on commercial property values

6

68
Q

Learning Outcome 2: Learning how to evaluate the impact of economic and regulatory developments

A

Analyzing market data to forecast future trends and inform investment decisions

6

69
Q

Learning Outcome 1: Understanding how RICS members are expected to implement the professional statement on conflicts of interest

A

Identifying potential conflicts and taking steps to manage them

7

70
Q

Learning Outcome 2: Learning the mandatory guidelines regarding conflicts of interest

A

Ensuring transparency and disclosure to maintain professional integrity

7

71
Q

Learning Outcome 1: Understanding the accessibility requirements outlined in Part M of the Building Regulations

A

Providing adequate turning spaces for wheelchair users in buildings

8

72
Q

Learning Outcome 2: Learning the principles of inclusive design to meet regulatory requirements

A

Ensuring entrances and exits are accessible to all individuals, including those with disabilities

8

73
Q

Learning Outcome 1: Learning how to effectively set and achieve personal and professional goals

A

Using SMART criteria to set clear objectives

9

74
Q

Learning Outcome 2: Enhancing performance through continuous feedback and development

A

Implementing regular performance reviews and providing constructive feedback

9

75
Q

Learning Outcome 1: Recognizing the essential components that a surveyor should cover in each transaction

A

Conducting thorough property inspections and documenting findings accurately

10

76
Q

Learning Outcome 2: Learning best practices surrounding heads of terms

A

Ensuring all key lease terms are clearly defined and agreed upon by both parties

10

77
Q

Learning Outcome 1: Understanding health and safety principles relevant to property professionals

A

Conducting risk assessments to identify potential hazards on site

11

78
Q

Learning Outcome 2: Learning how to ensure compliance with health and safety regulations

A

Implementing safety measures like wearing appropriate PPE during site visits

11

79
Q

Learning Outcome 1: Understanding the International Property Measurement Standards (IPMS) for office buildings

A

Definitions of different measurement categories

12

80
Q

Learning Outcome 2: Learning how to apply these standards in practice

A

Ensuring consistency in measuring office spaces for accurate and comparable data

12

81
Q

Learning Outcome 1: Learning best practice measurement techniques in line with current industry standards

A

Using laser measuring devices for accuracy

13

82
Q

Learning Outcome 2: Understanding how to apply these techniques accurately

A

Ensuring all measurements are taken from the same reference points for consistency

13

83
Q

Learning Outcome 1: Considering personal identity in relation to the idea of privilege

A

Understanding how one’s background and experiences can influence their perspective

14

84
Q

Learning Outcome 2: Learning how to ensure everyone feels valued

A

Implementing inclusive practices and policies to promote diversity and equity in the workplace

14

85
Q

Learning Outcome 1: Learning about initiatives to promote inclusivity and diversity in the workplace

A

Mentorship programs for underrepresented groups

15

86
Q

Learning Outcome 2: Understanding current actions to support inclusivity in the workplace

A

Creating employee resource groups to provide support for diverse employees

15

87
Q

Learning Outcome 1: Learning how to apply the latest international standards for property measurement

A

Using standardized measurement techniques for consistency and accuracy

16

88
Q

Learning Outcome 1: Understanding current actions to support inclusivity in the workplace

A

Creating employee resource groups to provide support and advocacy for diverse employees

13

89
Q

Learning Outcome 2: Ensuring consistency and accuracy in measurements

A

Using standardized measurement techniques to provide reliable data for property valuations

11

90
Q

Learning Outcome 1: Understanding the leasing and letting competency

A

Negotiating lease terms that are favorable to both the landlord and tenant

2

91
Q

Learning Outcome 1: Participating in a surveyor’s inspection of a vacant office

A

Observing the process and understanding the key factors to consider during an inspection

2

92
Q

Learning Outcome 1: Learning how to apply these standards in practice

A

Ensuring that all valuations are conducted in accordance with the latest RICS guidelines

2

93
Q

Learning Outcome 1: Learning how to promote sustainability initiatives within the organization

A

Implementing green building practices and energy-efficient technologies

2

94
Q

Learning Outcome 1: Learning how to apply the code in various business scenarios

A

Making ethical decisions that align with the company’s values and policies

2

95
Q

Learning Outcome 1: Learning how to ensure alterations are managed in a way that protects the interests of both landlords and tenants

A

Ensuring that all alterations comply with building regulations and lease terms

2

96
Q

Learning Outcome 1: Understanding the responsibilities of a property manager regarding premises insurance

A

Ensuring that the property is adequately insured against risks like fire and theft

97
Q

Learning Outcome 2: Learning about different types of insurance for properties

A

Including contents insurance, full reinstatement insurance, and public liability insurance

98
Q

Learning Outcome 1: Learning safety measures to protect lone workers

A

Implementing check-in procedures and providing personal safety devices

99
Q

Learning Outcome 1: Understanding the principles of service charge apportionment

A

Allocating costs based on the floor area occupied by each tenant

100
Q

Learning Outcome 2: Gaining knowledge on the financial controls and competencies required for managing service charges

A

Including the preparation and auditing of service charge accounts

101
Q

Learning Outcome 1: Refining skills in property inspection

A

Identifying structural issues and maintenance needs during a site visit

102
Q

Learning Outcome 2: Ensuring compliance with RICS standards in measurement

A

Using standardized measurement techniques to provide accurate property dimensions

103
Q

Learning Outcome 1: Gaining in-depth knowledge of landlord and tenant relationships

A

Understanding lease agreements and tenant rights

104
Q

Learning Outcome 2: Focusing on RICS standards in managing these relationships

A

Ensuring fair and transparent lease negotiations

105
Q

Learning Outcome 1: Building on foundational valuation skills with advanced training

A

Using the discounted cash flow method for complex property valuations

106
Q

Learning Outcome 2: Ensuring adherence to RICS standards in valuation practices

A

Maintaining objectivity and accuracy in valuation reports

107
Q

Learning Outcome 1: Exploring how to promote inclusivity and diversity in the workplace

A

Implementing diversity training programs

108
Q

Learning Outcome 2: Understanding the benefits of an inclusive culture for organizational success

A

Fostering a more innovative and collaborative work

109
Q

Learning Outcome 2: Ensuring adherence to RICS standards in valuation practices

A

Maintaining objectivity and accuracy in valuation reports.

Example: Using the discounted cash flow method for complex property valuations.

110
Q

Learning Outcome 1: Exploring how to promote inclusivity and diversity in the workplace

A

Implementing diversity training programs.

Example: Fostering a more innovative and collaborative work environment.

111
Q

Learning Outcome 1: Exploring the concept of unconscious bias

A

Recognizing how personal biases can affect decision-making.

Example: Using structured interviews to reduce bias in hiring.

112
Q

Learning Outcome 1: Developing capabilities in property management

A

Overseeing maintenance and tenant relations.

Example: Preparing financial reports and managing budgets in accordance with RICS standards.

113
Q

Learning Outcome 1: Exploring fundamentals of anti-money laundering regulations

A

Requirements for customer due diligence.

Example: Recognizing red flags like unusual transaction patterns.

114
Q

Learning Outcome 1: Ensuring a thorough understanding and application of mandatory competencies required by RICS

A

Ethics and professional conduct.

Example: Understanding how to manage client relationships and expectations effectively.

115
Q

Learning Outcome 1: Acquiring expertise in property management practices

A

Handling lease renewals and tenant disputes.

Example: Managing service charge budgets and financial forecasting.

116
Q

Learning Outcome 1: Gaining comprehensive knowledge and skills in managing leasing and letting processes

A

Negotiating lease terms and conditions.

Example: Conducting due diligence and valuation for property transactions.

117
Q

Learning Outcome 1: Enhancing understanding of the agency process from start to finish when acquiring premises

A

Identifying suitable properties and negotiating terms.

Example: Assessing the financial stability and reliability of potential tenants.

118
Q

Learning Outcome 1: Understanding how sustainability and innovation are being deployed in the real estate industry

A

Use of green building technologies.

Example: Integrating environmental, social, and governance criteria into investment decisions.

119
Q

Learning Outcome 1: Learning how to recognize potential conflicts of interest in the workplace

A

Situations where personal interests may conflict with professional duties.

Example: Reporting potential conflicts to a supervisor or compliance officer.

120
Q

Learning Outcome 1: Understanding the energy cost crisis

A

Impact of rising energy prices on property operating costs.

Example: Advising clients on energy efficiency measures to reduce costs.

121
Q

Learning Outcome 1: Understanding the growing importance of social value in real estate

A

Benefits of creating community-focused developments.

Example: Incorporating social value metrics into project planning and evaluation.

122
Q

Learning Outcome 1: Understanding the relevance of sustainability to cities in the future

A

Role of energy efficiency standards in reducing carbon emissions.

Example: Ensuring that new developments provide social benefits like affordable housing and community spaces.