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Lydia's APC > Hot Topics > Flashcards

Hot Topics Flashcards

1
Q

What is the RICS guidance on Social Media?

A
  • RICS Guidance Note ‘Use of Social Media: Guidance for Members Version 1’ took affect from 2021
  • Sets out rules in the Rules of Conduct and how these don’t change when using social media
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2
Q

How do you operate in accordance with Use of Social Media Guidance Note?

A
  • Use social media in a responsible and professional manner
  • Use professional and respectful language
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3
Q

When would the RICS investigate a social media post by one of its members?

A
  • If it is discriminatory
  • Dishonest
  • Abusive or threatening
  • Likely to cause significant harm, distress or offence
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4
Q

What does RAAC concrete stand for?

A

Reinforced autoclaved aerated concrete

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5
Q

When was RAAC concrete commonly used?

A

Between the 1950s and 1990s in schools, hospitals etc

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6
Q

What are the properties of RAAC concrete?

A
  • Used to form panels or planks
  • Has no aggregate like concrete
  • Normally used in flat roofs, wall panels or floor panels
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7
Q

What are the concerns with RAAC concrete?

A

It has recently been linked to structural failure due to damage due to water ingress, corrosion of reinforcement, excessive thermal degradation and poor original installation

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8
Q

How do you identify RAAC concrete?

A

Light grey or white panels, smooth on underside, inside of planks appear bubbly

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9
Q

What is the RICS Inclusive Employer Quality Mark?

A
  • RICS launching this scheme to improve diversity and inclusion in construction and property sector
  • Requires employers to pledge their commitment to adopting and continually improving against the following 6 principles: leadership and vision, recruitment, staff development, staff retention, staff engagement and continuous improvement
  • Firms must assess against the criteria on a biannual basis
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10
Q

What are the benefits of diversity and inclusion?

A
  • Attract skilled professionals from diverse backgrounds
  • Sense of belonging
  • More connected
  • Increases productivity
  • Reduces staff turnover
  • Allows employees to feel valued and accepted
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11
Q

What is the RICS doing to improve diversity and inclusion?

A
  • Set up diversity and inclusion panel
  • Includes initiatives such as International Womens Day, Pride etc
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12
Q

What are the pros and cons of Hybrid working?

A

Pros
- Less distraction
- More productivity
- Less cost and time spent on travel and food
- Encourages work life balance and flexibility
- Savings on office space

Cons
- Loss of social connection
- Reduced collaboration
- Risk of burn out / hard to switch off
- Less recognition
- Productivity depends on quality of work space

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13
Q

What was the Birchard Review?

A
  • Commissioned by RICS in 2021 into purpose, strategy and governance of the RICS
  • Followed on from Levitt review
  • Advised on recommendations such as: introduction of diversity and inclusion panel, improvement of technology, commercial activity separated from other activities, RICS Matrics should give young members a voice by putting them on Governing Council
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14
Q

How do you define Professional Standards vs Practice Information?

A
  • Professional standards set out requirements and expectations with a focus on baseline expectations in terms of competence and ethical behaviour.
  • Practice information sets out supporting guidance in delivery specific services or working in specific areas of practice, guidance is not mandatory.
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15
Q

What is the guidance around the use of the RICS logo?

A
  • Guidelines split into Rules of Conduct for Firms and individuals
  • Contain info regarding correct usage approved by Standards and Regulation Board
  • As a qualified member you have the right to use logo for personal use i.e., email signature, business cards etc
  • Font and colour must not be adjusted, minimum clearance equivalent to the size of the R in RICS
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16
Q

What is IPMS?

A
  • International Property Management Standards
  • Coalition of 80 global professional organisations
  • Various versions - IPMS office, IPMS residential, IPMS retail
  • IPMS All Buildings introduced in Jan 2023, superseding all previous versions
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17
Q

Why was IPMS recently updated?

A
  • Shorter and more concise format
  • Definitions deliberately unique to prevent confusion amongst existing standards
  • Organised into 4 volumes
  • Thought to encourage adoption of the simplified version of the standard
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18
Q

What is the RICS Futures Report?

A
  • Launched in 2015
  • Highlighted key trends such as urbanisation, disruption of big data and climate crisis as key challenges to property and construction industries
  • 2020 report findings included:
  • Construction industry produces a huge amount of data, 95% of which is wasted. RICS set up innovation and technology hub to provide expertise on how data can be put to good use.
  • Rapid urbanisation in China
  • Rapid increase in use of drones - compliance issues
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19
Q

What steps would you take if a main Contractor became insolvent?

A
  • Termination of contract, corporate recovery and insolvency guidance note covers this
  • Secure site
  • Move off site materials to secure premises
  • Exercise any relevant clause in the contract
  • Call in bonds that may be due
  • Consider appointing insolvency expert
  • Keep detailed records of current progress
  • Prepare and issue statement of valuation
  • Prepare a notional final account
  • Make schedule of works to complete the project
  • Liaise with any administrators
20
Q

What key challenges does the Global Economic Recession present to your area of surveying?

A
  • Rising inflation rates - large increase in borrowing costs
  • Create challenges for developers/ funders who created budget prior to increased inflation
  • Financial viability of developments no longer stacks up
  • Decrease requirement for office space and shopping centres, increase requirement for logistics and data centres
21
Q

What were the effects of the Ukraine conflict on the construction industry?

A
  • Energy price increases
  • Costs of building products such as steel, brick, plastics and ceramics increased
  • Intensified an already turbulent market
  • Delay and disruption due to material and labour shortages
22
Q

What effects did Brexit have on the construction industry?

A
  • Free movement of people ended 31st Dec 2020
  • Labour increases due to labour shortages
  • Material price increases
  • Movement of materials - traders have to meet Rules of Origin
  • Employers have to register as sponsors to recruit from abroad
23
Q

What is the RICS Guidance on Brexit

A
  • RICS have provided a number of position statements highlighting concerns with Brexit
  • Highlights what the UK Government should be doing such as encouraging diversity of construction workforce
  • Loss of EU funding could impact project delivery in the UK
24
Q

What is COP?

A
  • Conference of the parties
  • Attended by countries who signed the United Nations Framework Convention on Climate Change
  • Takes place every year, members discuss progress of previous agreements and put in place future initiatives to tackle climate change
25
Q

What is the Paris Agreement?

A
  • At COP 21, Paris Agreement was formed
  • Parties agreed to pursue efforts to prevent temperatures rising more than 1.5 degrees above pre-industrial levels
26
Q

What are green mortgages?

A
  • Rewards purchaser or owner of an energy efficient home
  • Lower interest rates or receiving cash back when you take out a mortgage
27
Q

What is the urban greening factor?

A
  • Tool that evaluates the amount of urban greening (vegetation cover and planting around buildings) to aid the appropriate planning of greening on future developments
  • Aim to increase amount of green cover around buildings
28
Q

What is ICMS3?

A
  • International cost management standard
  • Provides framework for life cycle cost data and carbon emissions from inception to completion
  • Provides format for defining, measuring, recording and presenting life cycle costs and carbon emissions associated with construction projects
29
Q

What is embodied carbon?

A
  • Carbon emissions generated from extraction, manufacture, transportation, assembly, repair/ replacement and deconstruction of construction materials or products
30
Q

What components are included in Contract Documentation?

A
  • Depends on form of contract
  • D&B - ER’s and CP’s, including CSA
  • Standard - Drawings, spec and pricing document - Schedule of Rates or BoQ
  • ER’s include Prelims, PCI, planning, drawings, spec, legal documents
31
Q

How do valuations define parties obligations and rights

A
  • Have to stick to payment timescales in the Contract
  • Contractor must submit within 7 days of the IVD or QS makes an assessment
  • Employer must pay by Final Date for Payment or Contractor can suspend works
  • If QS doesn’t issue Payment Notice, Employer will have to pay what the Contractor applied for
32
Q

Why did you advise a Standard Building Contract for the Restaurant scheme?

A
  • Quality was a key driver for the Client and this way they could retain design control
33
Q

Why did you use a Schedule of Works for the pricing doc for the Restaurant?

A

It was a Standard Building Contract without quants which is most appropriate in this instance

34
Q

What was included in the CDP?

A
  • Stairs
  • Lift
  • M&E
  • Roller shutter
35
Q

How did you manage the CDP when on site?

A
  • Contractor submitted drawings from Subcontractors for the design team to review and comment/ approve
  • Collateral warranties provided
36
Q

How did you assess variations

A
  • Check Contract Documents to check it should not have been included at Contract
  • Look at Schedule of Rates to assess rates if applicable and of similar character
  • Measure quantities
  • Use Spons / check rates with Subcontractors/ Suppliers
  • Present to the Client if legitimate and once reviewed
37
Q

What are the main effects of Brexit on the construction industry?

A
  • Movement of personnel restricted
  • Movement of materials restricted
  • Material cost increases
38
Q

How have the RICS dealt with Brexit?

A
  • Providing a number of position statements highlighting concerns
  • Advised Government to encourage growth and diversity of construction workforce
  • Calling for Government to keep EIB funding or introduce a new lending mechanism
39
Q

What material was used in Grenfell that contributed to the fire?

A

ACM cladding - aluminium composite material, was thought to contain combustible materials that contributed towards the spread of fire. This cladding is now banned on high rise homes.

40
Q

What is an EWS1?

A

External Wall System Fire Review Certificate

41
Q

What was agreed at COP 26?

A
  • Failed to raise the $100bn annual climate funding to vulnerable countries
  • Explicit plan to reduce use of coal, phase down rather than phase out approach
  • Significantly increase money to help developing countries cope with the effects of climate change
42
Q

What was agreed at COP 27?

A

Loss and damage fund agreed for countries most affected by loss and damage due to weather

43
Q

What is ICMS3?

A
  • International cost management standard
  • Provides framework for cost and carbon management in construction from concept to completion.
44
Q

What is the RICS futures report?

A
  • Focuses on key trends, such as rapid urbanisation, climate crisis and technology
  • Results in 2020 Futures Report included introduction of innovation and technology hub to deal with data, online courses to help surveyors learn how to use drones compliantly etc.
45
Q
A

Lydia's APC (7 decks)

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