CPD questions Flashcards
Can you explain what PII is and what are the difficulties with it and how to protect yourself
It is an insurance cover for professionals to protect against claims of negligence leading to a breach in the duty of care.
Difficulties with extreme premiums which aren’t affordable and exclusions in policy. Believe the RICS has issues an updated minimum wording policy which insurers.
Minimised risk by ensuring you understand instruction. Have the SUK. Keep clear records. Might wish to limit your liability in the ToE.
What are the NRC
The new rules of conduct were adopted in Feb 2022. The replaced the Rules of conduct for firms and members and the global professional and ethical standards
They contact 5 key rules:
HIGH LEVEL OF SERVICE INTERGITY COMPENTENC RESPONSBILITY/PUBLIC INTEREST RESPECT
the new rules contain worked examples of the behaviours
What is open BIM
It is open Building Information Modelling- It uses smart technology to help design smart. The idea is that building information is stored in an open format which allows for others to use the information for modelling the information to help for future designs or property management purposes.
What types of security breach’s do you get?
phishing emails- gain access to computers software
malware- malicious software that corrupts systems
ransomware- software that holds user to a ransom to get back on servers.
Physical breach- someone gaining access to physical info, perhaps through break in
Internal breach- someone within a company breaching security
what did you learn from the H&S training event
updates to Inspection reports
dynamic risk assessment
cognitive bias
Can you tell us what the PII requirements
annual turnover - min requirement for every claim
- 0- £100,000= £250,000
- £100,000-£200,000= £500,000
- £200,000 and above= £1m
