Lesson 1 Flashcards

1
Q

What is the definition of communication?

A

Exchange of information, verbally, written or through another median.

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2
Q

What is the definition of negotiation?

A
  • Discussions held to reach a compromise.
  • Parties through informal or facilitated negotiation process agree to settle a dispute
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3
Q

What happens at a negotiation meeting?

A
  • Both parties discuss their position
  • All parties should maintain professionalism
  • Calm setting
  • Both parties should honour agreements
  • Once terms agreed, should be put in writing.
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4
Q

Can you give me an example of a time when you have communicated well?

A

Whilst working on Ibex house I have been responsible for presenting the Tender Report. I made sure to communicate in an understandable manner using clear English and stopping to ensure the Client was happy to move on.

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5
Q

What is the RICS Surveying Safely Edition 2 document?

A
  • sets out basic, good practice principles for the management of health and safety for RICS-regulated firms and RICS members.
  • This note is for RICS members and other
    professionals who are involved with the property industry.
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6
Q

What is a safe person?

A
  • Each individual assumes responsibility for their own, their colleagues and others health and safety whilst at work.
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7
Q

What is the Health and Safety at Work Act 1974

A
  • Primary piece of legislation in the UK
  • Statutory duty on all employers to provide and maintain equipment and systems of work that are safe and without risk to the health and safety of employees
    Aims to:
  • Secure H&S and welfare for people at work
  • Control dangerous substances
  • Control emissions
  • Employers with 5 or more employees must have a written H&S doc
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8
Q

What are the CDM Regulations?

A

-Introduced in 2015
-Construction Design Management Regulations
-Ensure that health and safety issues are properly considered during a project’s development so that risk of harm to those who build, use and maintain structures is reduced.
-Apply to all building & construction work.
-All projects must have:
- Appropriately skilled workers
- Appropriately skilled supervisors & information
- Written construction phase plan

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9
Q

Who is the principal designer?

A

Responsible for planning and managing the design work phase and ensuring H&S is managed and considered at this phase.
Appointed ASAP to ensure design develops safely

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10
Q

What are the duties of the principal designer?

A

-Plan, manage, monitor & coordinate H&S
- Identify & elimate foreseeable risks
- Ensure client & designers are aware of their duties
- Advise client on bringing together pre-con information
- Provide relevant info to duty holders
- Liase with Principal Contractor in the management and coordination of the construction phase

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11
Q

What is the role of an auditor?

A

The auditor’s objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes the auditor’s opinion.

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12
Q

What is the difference between profit and loss account and a balance sheet?

A

-A profit and loss sheet is income minus expenditure over a defined period of time (usually a year)
- A balance sheet is assets minus liabilities and can be at any given point.

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13
Q

What are the principles of a cashflow forecast?

A

Definition - estimate of the timing and amount of cash inflows and outflows from a project / company.

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14
Q

What is a business plan?

A

A formal statement of the business’s goals with reasons why they are thought to be attainable and the plan for reaching the goals

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15
Q

What is the definition of meditation?

A

Mediation is a process wherein the parties meet with a mutually selected impartial and neutral person who assists them in the negotiation of their differences.

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