Data Management Flashcards
Give me an example of how you process and handle confidential information.
Follow the organization’s policies and procedures
Limit access to confidential information
Use secure methods of communication
Store confidential information securely
Dispose of confidential information properly
Give me an example of how you ensure that data is kept securely.
Use strong passwords, access controls, back up data, train employees on data security
What is copyright
Copyright is a legal concept that grants creators of original works the exclusive rights to control how their works are used and distributed. This includes the right to reproduce the work, distribute copies, display or perform the work publicly, and create derivative works based on the original.
Сopyright can be transferred from one person or entity to another through a process called assignment. This involves the copyright owner (the assignor) transferring ownership of the copyright to another person or entity (the assignee) by means of a written agreement.
Give me an example of a property information tool.
Property Monitor, Dubizzle, Bayut, REIDIN, Quanta
What are the limitations of primary/secondary data sources?
primary source can be costly and timely (surveys, collecting data), sample size can impact the accuracy
secondary source: quality may vary, reliability, relevance
How do you validate information?
check the source, look for corroboration, check the date, evaluate the evidence
What is the difference between a deed and a registered title?
A deed is a legal document that serves as evidence of ownership or an interest in a property, while a registered title is an official record of ownership of a property that has been registered with the relevant government agency.
How do you source title information?
Dubai Land Department (DLD) website
Abu Dhabi Municipality website
Sharjah Real Estate Registration Department
Ajman department of land and RE registration
What are the differences between manual and electronic records?
Manual records refer to physical documents that are created, maintained, and stored in paper format, while electronic records refer to digital documents that are created, maintained, and stored electronically.
What is index map?
In the UAE, index maps are used to identify and locate individual land parcels or properties within a specific Emirate or region.
What does encryption mean?
Encryption is the process of converting data into a coded form that can only be accessed by authorized users who have the necessary encryption key. Encryption is used to protect sensitive information
What is a firewall?
A firewall is a network security device that is designed to monitor and control incoming and outgoing network traffic based on a set of predefined security rules. The primary function of a firewall is to act as a barrier between an organization’s internal network and the external network (usually the Internet), to prevent unauthorized access, and to protect against malicious activities such as hacking, malware, and other cyber attacks.
What does block chain mean?
Blockchain is a decentralized digital ledger technology that allows multiple parties to have a secure and transparent record of transactions without the need for a central authority or intermediary. In a blockchain system, each transaction is recorded in a block of data, which is then linked to previous blocks in a chain-like structure. This creates an immutable and tamper-proof record of all transactions on the network.
What is BIM and how can it be used?
BIM (Building Information Modeling) is a digital representation of the physical and functional characteristics of a building or infrastructure project. BIM allows for the creation of a detailed virtual model of a building or structure that includes information about its design, construction, and operation.
Design planning, construction, facility management
Explain the growing use of AVMs in the valuation industry.
AVMs (Automated Valuation Models) are computer algorithms that use statistical models and data analysis to estimate the value of a property. AVMs have been increasingly used in the valuation industry due to their ability to provide quick and cost-effective valuations.
One of the main advantages of AVMs is their speed and efficiency. AVMs can quickly analyze large amounts of data, such as recent sales, property characteristics, and market trends, to provide an estimate of a property’s value.
However, there are also limitations to AVMs. AVMs are based on statistical models and historical data, which may not capture all relevant factors that can impact a property’s value, such as unique features or market trends that have not yet been reflected in recent sales data. AVMs can also be less accurate in markets with a limited number of sales, or in situations where there is significant variation in property characteristics within a market.
