Final Revision Flashcards by Josh Woodall

Name some other programming software other than MS Project?

ProjectLibre
Asta Power Project

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What was on the critical path in the pre-planning programme?

VP formed the critical path due to the inability to do some of the required surveys such as R&D Asbestos
Bat surveys - requirement to conduct over time (Must have 1 survey in May to August date range) Multiple required overall
Design & Access statement was required prior to submission of some of the architects design

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What is the difference between valuation certificate and payment certificate?

Valuation cert is the precursory QS valuation
Pay cert is issued by the EA/CA

Pay cert can be amended to include deductions for LDs or works not in accordance.

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What does RAAC stand for?

Reinforced airated autoclaved concrete

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How might you improve structural load of an existing building?

Underpinning.

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Efficient W2F ratio?

0.4 to 0.5

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4 risk headings in NRM1?

Design Development
Construction Risks Estimate
Employer Change Risks
Employer Other Risks

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Final account timelines in JCT D&B?

Contractor submit = 2 months post PC

Recommendation issued = 3 months (by EA)

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Final account timelines in JCT SBC?

Contractor submit = 6 months post PC

Recommendation issued = 3 months (by CA)

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How much was the civils package on the DC project?

£58m final B5.
£38m budget!

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Price per KW on London?

£7500/kW

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How much was the steels package on the DC project?

£64m final B5.
£55m budget.

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Name 10 RICS Black Books?

Acceleration
Cashflow
Change ctrl and management
Commercial mngmnt
Conflict avoidance & Dispute Resolution
Construction Security & Performance Documents
Cost Reporting
Defining completion
EA D&B
E-Tendering
EOT’s
Final Accounts
Fluctuations
Interim Valuations & Payment
Life Cycle Costing
Management of Risk
Surveying Safely
Retention
Tendering Strategies
Termination/Corporate Recovery
Value Management & VE
Valuing Change

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6 bribery prevention things?

P - Proportionate Procedures
T - Top Level Commitment

R - Risk Assessments
D - Due Diligence

C - Communication
M - Monitoring and Review

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What is the currently anticipated final cost for the DC build?

Currently excluding all fees, indirects, and contingency pot: £780m

PTE budget = £760m

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What risks did you highlight to your client going for a D&B Route?

Hard to prepare sufficient brief

Commit early to concept design (variation cost higher later as result)

Hard to compare tenders

Quality of design contingent on competency of contractor. Novation of eng/arch can mitigate.

Advantages of two stage tender?

Early contractor involvement - buildability

Collaborative working environment

Earlier start on site due to potential to overlap

Client can control supply chain selection

Contractor can use expertise to mitigate risk

Disadvantages of two stage tender?

Cost certainty not achieved 100% until final package is let

Additional PCSA fees

Ramp up costs 2nd stage (retender maybe?)

Advantages of D&B procurement route?

Time - Fast track overlap design/con
Cost - Option for lump sum/GMP
Contractor assumes all risk
Solid price certainty from early
Novation - benefits quality

With reference to the Tendering Practice Note 2017 - how would you deal with errors?

A - Accept or withdraw
B - Confirm or amend

How would a procurement route affect your costing?

Traditional = full design so less requirement on risk allowances.
D&B = More unknowns so more risk pot.

FIDIC timelines for valuation and change?

Valuation = 28 submit, 28 review (56 total)
Change = 28 submit, 42 review (70 total)

JCT payment timelines?

Valuation submitted 7 days prior to DD
Due date - +7 days
Payment Notice - +5 days
Final Payment - 21 days from Valuation date

Time period for relevant EVENT?

12 wks

Time period for relevant MATTER?

28 days

Net to Gross efficient ratio?

70 to 85%

Why do you want to join the RICS?

An accolade to the efforts I have put in since starting my career Increased reputation associated with the MRICS status, improved standing within company and respect gained with clients An honour to represent such a prestigious

RICS Mission Statement

Promote and enforce standards Equip members to give high quality service Lead solutions to major challenges in the built environment

What are the minimum levels of indemnity cover?/How do you determine the level of PI cover?

<£100,000 is £250k minimum Indemnity £100,001-£200,000 is £500k minimum Indemnity > £200,001 is £1million minimum Indemnity

What are the maximum levels of uninsured excess?

Depends on the level of indemnity Up to £500k = greater of 2.5% of insured sum or £10k Over £500k = 2.5% of insured sum

How do you handle Client's Money?

Set clear segregation of duties for employees A Principal oversees the client money accounting functions Principles cannot override controls Competent and Knowledgeable staff are to process client's money with cover provided for long term absence Accounting systems and data must be secure Client money must be kept separate and clearly identifiable with the word 'client' included in the bank account name Client must always have access to funds We must agree the terms and advise the client on bank details The account must not be overdrawn We must maintain client ledgers and provide a running balance

What are the professional obligations of firms?

Firms must publish a Complaints Handling Procedure, which includes an ADR provider approved by RICS, and maintain a complaints log Firms must ensure that all previous and current professional work is covered by Adequate and Appropriate PI cover which meets standards approved by RICS Firms with a sole principal must make appropriate arrangements for their professional work to continue in the event of their incapacity, death, absence from or inability to work Firms must Cooperate with RICS Firms must promptly provide all information reasonably requested by the Standards and Regulation Board Firms must display on their business literature, in accordance with RICS' published policy on designations, a designation to denote that they are regulated by RICS Firms must report to RICS any matter that they are required to report under the Rules for the Registration of Firms

Who is the CEO of the RICS?

Justin Young

RLBs CPH?

2 day review and response by designated project complaint handler If client unsatisfied with solution, escalate to Regional MD who responds within 21 days of lodging of complaint If unsatisfied, RICS approved Redress Mechanism

F10 Notification?

30 days/20 persons any one time or 500 days total