RICS APC Professional Practice 2

Question 1

What is Continuing Professional Development (CPD) as required by RICS?

Accepted Answer

A mandatory requirement for all RICS members to undertake at least 20 hours of CPD annually, including 10 hours of formal learning

Answer

RICS requires all members to complete at least 20 hours of CPD per year, with a minimum of 10 hours being formal (structured) learning. This ensures members maintain and develop their competence.

Question 2

What is the role of RICS Regulation in the surveying profession?

Accepted Answer

To protect the public interest by setting and enforcing standards for RICS members and regulated firms

Answer

RICS Regulation exists to protect the public interest. It sets and enforces standards, investigates complaints and alleged breaches, and takes disciplinary action where necessary.

Question 3

In the APC final assessment interview, what is the 'case study' component?

Accepted Answer

A 10-minute presentation by the candidate on a project they have worked on, demonstrating key competencies

Answer

The case study is a 10-minute presentation where candidates describe a real project they have worked on, demonstrating their application of competencies and professional judgement.

Question 4

What does the RICS' 'Confidence through Professional Standards' framework aim to achieve?

Accepted Answer

A suite of professional standards, guidance, and information that promotes consistency and best practice across the profession

Answer

This framework provides a structured suite of international standards, professional statements, codes of practice, guidance notes, and information papers to support consistent, high-quality practice.

Question 5

What is 'due diligence' in the context of property transactions?

Accepted Answer

A thorough investigation and analysis of a property and its associated legal, financial, and physical aspects before completing a transaction

Answer

Due diligence is the comprehensive investigation undertaken before a property transaction, covering legal title, planning, environmental, building condition, and financial aspects to identify risks.

RICS APC Practice Test

RICS APC Practice Test

RICS APC Professional Practice 2