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Frequesntly Asked Q&A Mandatory

The document outlines mandatory competencies for RICS members, covering topics such as ethical principles, conflict management, accounting practices, business planning, data management, sustainability, communication, negotiation, and health and safety. It includes specific questions related to each area, emphasizing the importance of rules and regulations, professional conduct, and effective practices in the construction law field. Additionally, it highlights the significance of understanding various dispute resolution methods and the legal framework in the UAE.

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0% found this document useful (0 votes)
15 views5 pages

Frequesntly Asked Q&A Mandatory

The document outlines mandatory competencies for RICS members, covering topics such as ethical principles, conflict management, accounting practices, business planning, data management, sustainability, communication, negotiation, and health and safety. It includes specific questions related to each area, emphasizing the importance of rules and regulations, professional conduct, and effective practices in the construction law field. Additionally, it highlights the significance of understanding various dispute resolution methods and the legal framework in the UAE.

Uploaded by

alamconfi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Microsoft account

RAMKRISHNA MUDDAR BTECH-MRICS-LLM CONSTRUCTION LAW


Mandatory competencies
Conduct Rules, Ethics, Professional Practice
 What are Ethical principles of RICS?

 What are new rules of conduct for members and firms

 What is difference between Black book & red book

 What is ethics code?

 What is Code of Conducts?

 Give your opinion on why the RICS have rules and codes of conduct?

 When we can call RICS regulated Firm

 What is the importance of rics black book

 RICS new rules of conduct for members and firms?

 What steps should be taken if there is a conflict of interest of two clients represented by the

same firm?

 What is professional indemnity insurance?

 What are the requirements regarding PI by RICS?

 What are the minimum levels of indemnity/level of PI cover?

 What if the loss exceed the cover provided by the PI insurance?

 What procedures must you follow if you are starting up a new practice?

 What insurances would you need if you were starting up your own firm

 What information do registered firms have to send to RICS annually

 What are the main elements included in a fee proposal

 Why do RICS have Rules and Regulations

Conflict avoidance, management and dispute resolution procedures:


• List the various methods of ADR

Examples of conflict of interest

 What is the difference between Mediation & Arbitration?

 Name all the ways one can carry out dispute resolution? Please explain adjudication? How is

 This different from arbitration?


 What is the legal system in UAE?

 What is the difference between Civil Law and Common Law?

 How can you enforce an arbitration award in the UAE?

 What is Ad-Hoc arbitration?

 What are the differences between mediation and expert determination?

 What are the different stages / phase to be undertaken before attempting ADR?

 What are the difference between litigation and arbitration?

 How do you manage conflict?

 What procedures should you follow if a conflict arises?

 How do you prepare for negotiations?

Accounting principles and procedures:


 Explain the elements of a cashflow

 How is a cashflow compiled?

 Explain a balance sheet

 What accounting principles are used to show a company’s financial position?

 What information needs to be included under a cost report to the Client?

 Outline the accounting practices you are familiar with in your Firm

 Explain the usefulness of accurate accounting

Business planning:
 What are the phases of a business plan?

 What is the difference between business strategy and business plan?

 What is a business plan?


Data management:
 How do you protect your data?

 What are the types of data management undertaken by your company and what is your

understanding in this?

Sustainability:
 What is the most important environmental issue in the UAE?

 What could a contractor do to promote sustainability in a site set up?

 What do you understand by the term sustainability?

 What are the ratings within LEED?

 What do you understand by sustainable development?

 Explain how sustainable development affected a project you have worked on

Teamworking,Communication and negotiation:

 What is team Dynamics?

 Client care:

 What is client care?

 If a client spent money behind your back despite your recommendations how would you

 handle that situation?

 What are the difference of Client Care and Customer Care?

 How can you improve customer care?

 How could you communicate with the Client?

 How do you prepare for negotiations?

 What is the difference between effective and efficient communication?

 What makes a good negotiator?


Health & Safety:
 Explain what is included within a Health & Safety Plan

 What you do in case of a fire on site? Who would you inform? What is the number?

 What is law related to safety in U.A.E? What are the key components of it?

 What do you need to have before entering the site?.

 During tender evaluation, what information needs to be assessed in terms of Health and

Safety?

 What is the health and safety code used in the UAE?

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