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1
Q

What is a development appraisal?

A

A financial appraisal of a development.

It is normally used to calculate either the residual site value, or the residual development profit, but it can be used to calculate other profits.

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2
Q

PART A?

A

Structure

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3
Q

Part B?

A

Fire safety

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4
Q

Part C

A

Site preparation

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5
Q

Part D

A

Toxic substances

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6
Q

Part E

A

Sound resistance

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7
Q

Part F

A

Ventilation.

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8
Q

Part G

A

Sanitation, hot water safety and water efficiency.

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9
Q

Part H

A

Drainage and waste disposal

(h = hole - think hole in the ground)

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10
Q

Part J

A

Combustion appliances and fuel storage systems

(j - think jet fuel)

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11
Q

Part K

A

Protection from falling, collision and impact

Think K/hole - falling into one)

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12
Q

Part L

A

Conservation of fuel and power

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13
Q

Part M

A

Access to and use of buildings

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14
Q

Part O

A

Overheating

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15
Q

Part P

A

Electrical safety (think part P certs)

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16
Q

Part Q

A

Security in dwellings (think Quavo - robber)

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17
Q

Part R

A

Infrastructure for electronic communications (think Reddit)

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18
Q

Part T

A

Toilet accommodation - think toilet

19
Q

Part S

A

Infrastructure for charging electronic vehicles.

S - think smart car

20
Q

Regulation 7

A

Materials and workmanship

21
Q

What is the money laundering professional standard?

A

Countering bribery and corruption, money laundering and terrorist financing.

Effective 1 September 2019

22
Q

What is ADR??

A

The process of resolving disputes, including negligence disputes, other than by litigation.

23
Q

Arbitration

A

Private dispute resolution process

24
Q

what is assignment ?

A

The process whereby the benefit of all or part of a contract is transferred by one of the original parties to a ‘third party’.

If a contract is assigned by the client, the assignee is effectively treated as the member’s client.

Assignment can be prevented by express words in the contract.

25
Q

What is claims made?

A

The basis on which most professionals’ (and all members’) professional indemnity insurance is provided.

It means that the relevant policy for any claim is the policy in place when the claim is made (not when the work is provided to the client, or any other time).

26
Q

What’s a duty of care?

A

The duty in ‘tort’ assumed by a professional to observe the skill and care of a ‘reasonable’ professional in providing professional services.

Such a duty may in certain circumstances be assumed to a ‘third party’ as well as to the professional’s contracted client.

27
Q

Expert witness?

A

Members giving independent expert evidence to courts and tribunals.

28
Q

Indemnity?

A

A contractual agreement sometimes given by a party providing professional services to ‘make whole’ the client in respect of the client’s losses arising from the matter.

29
Q

Liability cap (or limitation of liability)

A

A contractual agreement that a client can only make a claim up to the amount agreed, even if the law would otherwise award a greater sum in damages.

30
Q

Limitation periods

A

The periods specified by statute and common law for a claimant to commence legal proceedings.

When the period is over, the claim becomes ‘statute barred’ and while the claimant can still pursue the claims they will not be entitled to recover any damages.

31
Q

What is a Pre Action Protocol?

A

The regime applicable to legal disputes in England and wales whereby parties exchange correspondence and documents before commencing formal legal proceedings, with a view to avoiding altogether the need for formal legal proceedings if possible.

There is a specific pre action protocol applied to professional negligence claims.

32
Q

Proportionate liability

A

Liability that is limited to the damage actually caused by a particular defendant.

A ‘proportionate liability clause’ is a contractual mechanism whereby the liability of a member can be limited to the member’s proportionate liability.

33
Q

Run off insurance

A

A form of insurance that can be bought to provide cover for claims arising after a firm or individual has ceased trading.

This is v importance as a members PII is provided on a claims made basis - meaning that there will only be insurance cover for a claim if there is a policy in place when the claim is made - even if the claim is made after the member of firm has ceased practice .

34
Q

Earned value analysis?

A

A method of measuring a property’s development progress at any given point in time, forecasting its completion date and final cost, and analysing variances in the property’s development programme and budget as the project proceeds.

35
Q

What is EIR?

A

Employer’s information requirements l.

A document setting out the information to be delivered by consultants as part of the project delivery process to the client.

36
Q

NRM 1?

A

New rules of measurement : order of cost estimating and cost planning for Capital Building Works.

37
Q

NRM 2

A

New Rules of Measurement : detailed measurement for building works.

38
Q

Notifiable?

A

Exceeds 30 days

Involves more than 20 workers at any one time

Where work exceeds 500 individual worker days.

39
Q

Main roles under CDM?

A

Client
Designers
Contractors

Where more than one contractor, additional roles of PD+PC.

40
Q

On large projects, who is responsible for ensuring the PD+PC carry out their duties?

A

Client

41
Q

CDM 2015?

A

Aims to improve health and safety in the industry.

6 April 2015

Main regulations for managing the health, safety and welfare on all construction projects.

42
Q

PD role?

A

Must plan, monitor and coordinate H&S in the pre-construction phase.

Includes identifying, eliminating or controlling foreseeable risks.

Liaise with PC to help of the planning, management, monitoring and coordination of the construction phase.

Prepare and provide info to other duty holders.

43
Q

PC role?

A

Plan, manage, monitor and coordinate H&S in the construction phase of a project.

Liaise with client and PD

Prepare the CPP.

Organise site inductions

Provide welfare facilities

Take steps to prevent unauthorised access

Ensure workers are consulted and engaged in securing their health and safety

Apc (7 decks)

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