1
Q
What is arbitration?
A
Private, contractual form for dispute resolution.
- private and speedy process
- expensive
2
Q
What is adjudication?
A
- A statutory procedure for swift dispute resolution, third party adjudicator is selected by the chosen parties.
- Decision is binding unless referred to arbitration or litigation
3
Q
What is the adjudication timeline?
A
4
Q
What is mediation?
A
Neutral third party assist parties in finding an agreement in a situation. They will manage the negotiation process.
5
Q
What is conciliation?
A
6
Q
What is expert determination?
A
7
Q
How can a QS avoid disputes in the first instance?
A
8
Q
Why is adjudication the most commonly used form of DR?
A
RICS APC 2023 KNK
flashcards
Decks in class (19)
# Cards
-
Ethics18
-
Contract Practice30
-
Construction Tech35
-
Risk Management13
-
Sustainability13
-
Case Study6
-
Inclusive Enviroments4
-
Accounting7
-
Communication7
-
Teamwork4
-
Data Management9
-
Health and Safety13
-
Quantification25
-
Design Economics21
-
Client Care13
-
Procurement37
-
Conflict Avoidance8
-
Business Planning8
-
Project Finance20
