Ethics Flashcards
What is Rule 1?
Members and firms must be honest, act with integrity and comply with their professional obligations, including obligations to RICS.
What is Rule 2?
Members and firms must maintain their professional competence and ensure that services are provided by competent individuals who have the necessary expertise.
What is Rule 3?
Members and firms must provide good-quality and diligent service
What is Rule 4?
Members and firms must treat others with respect and encourage diversity and inclusion.
What is Rule 5?
Members and firms must act in the public interest, take responsibility for their actions and act to prevent harm and maintain public confidence in the profession.
What is appendix A in the New Rules of Conduct?
Appendix A: Professional Obligations to RICS e.g. “Member must comply with the CPD requirements set by RICS.
Why do you want to join the RICS?
Globally recognised organisation and membership will be highly valued both at home and abroad.
Help and support when required.
Technical resources to develop as a quantity surveyor and a professional within the construction industry.
Promoting best practices
Benefitting my clients.
Can you pick a rule of conduct and how you comply with that?
Rule 3 - providing a good and quality service. I always act in a professional manner, and follow my companies QMS procedures to lessen the risk of mistakes and poor quality work.
If you were chartered tomorrow and decided to set up on your own, what are some obligations for firms?
1) At least 25% of Directors need to be members of the RICS.
2) Need complaints handling procedure
3) Need facilities in place to handle Client’s money.
All of which are listed within Appendix A.
What is the Bribery Act?
Bribery Act 2010
States a bribe constitutes giving a bribe, receiving a bribe, bribing a foreign official and failing to prevent a bribe.
You mention in your South Wing project that you received tenders and you notice an error in the tenders and advised of using Alternative B. Is this not just doing your job?
No, because I was aware of the different Alternatives and the impacts of both, and therefore was able to advice on the correct processes the Client could follow.
Under Alternative B of finding errors in tenders, if a Contractor identifies a mistake and sticks with their price, what needs to be issued?
A tender endorsement.
Under EW you mentioned declining attending an event due to the CM company also tendering for the SW. What would happen if a Contractor gave you a bottle of whisky at Christmas?
I would view the value of the bottle, and if seems excessive I would politely decline to charity.
I would also take a view on when the gift was issued, so if it was near final account / valuations then it could swade my ability to act impartially and decline it.
I would also inform my Directors of the gift received and if it was fair and reasonable to accept I would, otherwise I would decline it.
How long does an NDA last?
However long stated within the agreement.
What was included in your NDA
I was unable to disclose any financial information of the project, as well as being unable to publicly disclose that I was working on it.
