last exam Flashcards
SMART goals
specific measurable achievable relevant time-based
NCIDQ amount of hours
1760 of qualified work experience can be earned before education is complete, additional 1760 hours after education, total 3520 hours
NCIDQ internship hrs
can’t log internship hours for credit also for the NCIDQ, but hours for another internship can be
3 E’s of the ID profession
education- CIDA maintains standards of education
experience- practice
examination- NCIDQ, 3 parts: IDFX,IDPX,PRAC
NCIDQ
national council for interior design qualification: to maintain standards of practice through testing its members of the profession and establish the requirements for legal qualifications for licensing and title registration, recognized exam for legislation in the US and Canada,
some parts can be completed right after graduation, there are different parts to it
a licensed or registered ID will ensure the client receives an ID qualified to
understand the healthy, safety, and welfare of the public
title acts
legislative measures concerned with limiting the use of certain professional titles by individuals who meet agreed-upon qualifications and who have registered with a state board
practice acts
guidelines established by legislation concerning what person can or can’t do, in the practice of a profession in a particular state. individuals whose profession is guided by practice acts must register with a state board and meet exacting requirement s
ethics
moral principals, generally accepted rules of conduct that govern society. not standards of the law, they are higher than standard, one of the marks of a true profession is that it has its own ethical standards, or code of conduct to help govern its professionals
major ethical issues in business- 4
conflict of interest
competition
misuse of proprietary info
employee theft
conflict of interests :kickbacks
entail the return of a certain amount of money from seller to buyer as a result of collusive agreement-clear sign of a conflict of interest
elements to prove negligence
- duty of care- the defendant owed a duty (duty to improve interior spaces to meet the needs and preferences of those spaces)
- Breach of care- reasonable person standard, what a reasonable person would do in the same/sim circumstance
- proximate cause-the action or omission that was the casual connection to the harm or injury (but for test: but for the wrongful act, the injury would not have occurred)
- damages: injury or harm
contracts=
offer+acceptance+consideration
breach of contract
failure to conform constitutes this, there are legal remedies and sanctions applied by courts in such instances
billing rate
salary rate of employee+ overhead expsenses+ profit , should be a multiplayer of 3X’s your salary
considerations when developing a fee
- know what the market charges
- maintain your reputation
- your value is in what your client values
- relationships
- offer services other do not
- residential projects vs. commercial projects
- designers experience
- clients experience with an interior designer
- size and complexity of project
fee calculating methods
- hourly fee method
- fixed fee method/lump sum
- cost plus % mark up
- sq ft method
- value oriented method
- percentage of merchandise and product services
- retail method
- % off retail method
- consultation fee
- combination method
hourly fee
best to use for someone who doesn’t have a lot of experience at something, less risky
developing the design contract
- date
- clients name and addy
- detailed description of project areas involved
- detailed scope or services
- detailed purchasing agreements
- price agreements
- method and payment compensation
- reimbursement for out of pocket expenses
- charges for extra services
- designer responsibility disclaimer
- charges and responsibility of third party
- photographs and publishing rights
- termination of contract
- responsibility of the client
- assignment and delegation
- ownership of documents
- time frame of the conract
- matters of arbitration
- mutual understanding and legality
- conditions and amount of retainer
- signatures
prices
list price: the price suggested by the supplier, the price the consumer pays for any goods purchased from business entities
net: 50% reduction (or discount) from the suggested retail price (list price)
wholesale: net and wholesale can be used the same, can also mean a special price given to a designer by a supplier which is lower than what it would cost the consumer
cost: the price the designer must pay for the goods
UCC
uniform commercial code is a uniform set of laws concerning the sale of goods