Professional Statements and Guidance Notes Flashcards
Name 3 Professional Statements
- Conflict of Interest
- Client Money Handling
- Countering Bribery, Corruption, Money Laundering and Terrorist Financing
Name 3 Guidance Notes
- Surveying Safely
- Stakeholder Engagement
- Lessons Learned
Name 3 Black Book Guidance Notes
- Interim Payments and Valuations
- Acceleration
- Conflict Avoidance and Dispute Resolution
What are the Red and Black Books?
- Black Books are suite of construction QS guidance notes
- Red Book is valuation equivalent, containing mandatory and guidance notes.
What’s in the Conflict of Interest Professional Statement
- Identify and manage conflict of interest, informed consent etc.
- Think about if it’s the right thing to do even if you get informed consent.
- Further details on specific areas, such as what informed consent looks like, and the definitions of the types of conflict.
What’s in the Client Money Handling Professional Statement?
- General rules about keeping client money safe such as having ‘client’ in the account name.
- Guidance Notes and various types of controls that could be put in place.
What’s in the Countering Bribery, Corruption, Money Laundering and terrorist-financing Professional Statement?
Split in to three parts:
1) Must Do - General must do rules, such as not accepting a bribe, keep hospitality log etc.
2) Guidance - Processes that should be put in place and best practice
3) Expanded Guidance - Details about PEPs and advice on further process that could be put in place such as whistleblowing
What’s in the Asbestos Guidance Note?
- Explains duties of various parties under the law
- Details types of asbestos and where they’re found
- Cut through diagram of a house
- Appendix 1 - Typical materials
- Appendix 2 - Duty holder and responsibilities table
What’s in the Surveying Safely Guidance Note?
- Risk Assessment methodology
- Safe Person Concept
- ESEAP Hierarchy of Risk Control
- Client place of work and attending site
- Fire Safety
- General Management of Contractors and Subcontractors
What’s in the Stakeholder Engagement Guidance Note?
In conjunction with the APM, sets out 10 principles of engagement, including:
- Communication
- Consult Early and Often
- They’re Only Human
- Plan It
- Relationships are Key
- Simple, but not Easy
- Just Part of Managing Risk
- Compromise
- Understand what Success is
- Take Responsibility
What’s in the Lessons Learned Guidance Note?
General guidance on lessons learned such as:
- Defining success and failure
- Why are lessons not learned and remembered
- Why projects fail (governance, ownership, vision)
- Not to focus solely on the bad
What’s in the Conflict Avoidance and Dispute Resolution Guidance Note?
- How best to avoid dispute
- Three pillars of dispute resolution
- Details on the specific processes
- Details on contract processes
What’s in the Interim Valuation and Payments Guidance Note?
- Explanation of processes
- Diagrams showing the payment timescales
- How it’s done under different contracts and the schedule for construction contracts
What’s in the Acceleration Guidance Note?
- Acceleration as a principle and what it means
- What to look out for (H&S, efficiency etc.)
- How it’s administered in different contracts such as it not being a guarantee in some cases
Whats in the Risk Management Guidance note?
- Definitions
- Response / Mitigation - Strategies
- Procurement
- Risk Quantification
