1. what is risk management?

give a true to life example of this type of management in

the Philippine setting
Risk management is the continuing course to spot, investigate, assess, and treat loss exposures
and monitor risk control and financial resources to diminish the unfavorable effects of loss.


2. Implication of risk management system in architectural organizational setup?
For all types of organizations, there is a need to understand the risks being taken when seeking to
achieve objectives and attain the desired level of reward. Organizations need to understand the
overall level of risk embedded within their processes and activities. It is important for
organizations to recognize and priorities significant risks and identify the weakest critical
controls.


3. different kinds/ samples of of organizational disputes a how are you going to apply
this system
a. Property Dispute - For example, the party creating or transferring an interest may
have a valid title, but intentionally or negligently creates several interests wholly
or partially inconsistent with each other. A court resolves the dispute by
adjudicating the priorities of the interests. but according to the Indian property
law it define the Transfer of property means an act by which a living person
conveys property, in present or in future, to one or more other living persons, or to
himself and one or more other living persons; and "to transfer property" is to
perform such act.
b. Labor Dispute - Controversy between an employer and
its employees regarding the terms (such as conditions of employment, fringe
benefits, hours or work, tenure, wages) to be negotiated during collective
bargaining, or the implementation of already agreed upon terms.
4. Terms
a. Accreditation - Also recognition - the granting of approval to a course or program
of study that satisfies set standards and criteria.
b. Authorization - agreement or permission
c. Bench mark criteria - Agreed standards by which other standards can be measured
d. Central Council The joint governing body of the APEC Architect
projectcomposed of nominees of Monitoring Committees of participating
economies, with ultimate responsibility for a range of matters, including the
approval of Monitoring Committees, strategic directions and administrative
arrangements.
e. consensus - Agreement without dissent.
f. domain specific - Competencies or knowledge related to conditions of practice
unique to an economy
g. home economy - Economy of permanent residence and primary registration/
licensure as an architect.
.
h. host economy - Economy of secondary registration/licensure as an architect
i. monitoring committee - Independent committee formed by a participating
economy, with delegated authority of the Central Council to maintain a section of
the APEC Architect Register in its economy and to act as nominating body for the
Central Council.
j. participating economy - An APEC economy with an authorised Monitoring
Committee
k. recognition - Also professional recognition - acceptance by a regulatory authority
of compliance with requirements.

l. registration - Also licensure, certification legal admission to the right to practise
as an architect.
m. regulatory authority Authority responsible for the registration/licensure or
recognition of persons permitted to offer professional services as an architect.

5. what is APEC's architect framework?
The aim of the APEC Architect framework is to establish a mechanism to facilitate the
mobility of architects for the provision of architectural services throughout the APEC
region by reducing current barriers to the export of professional services. Its central
function is to maintain a Register of APEC Architects who have fulfilled common
elements of the education and training requirements for professional recognition in
participating economies and are currently registered/licensed as architects, and who have
a proven record of professional experience as registered practitioners.

Through the identification of these common aspects of professional recognition,
reinforced by a period of professional experience, registration as an APEC Architect
defines a level of competence that will satisfy designated registration criteria in other
participating economies without further assessment. A host economy may additionally
adopt special requirements for the recognition of APEC Architects to address aspects of
professional practice specific to that economy, such requirements however must be fully
transparent.

6. what are the authorization of APEC Monitoring committee?
Newly formed Monitoring Committees wishing to establish a section of the APEC
Architect Register must first be authorised by the Central Council to do so. Applications
for authorisation must be accompanied by information on the professional recognition/
accreditation systems in place in the economy and details of its proposals for assessment
of APEC Architect criteria, and any other information the Council deems necessary.
Advice on the structure of the Monitoring Committee and its arrangements for
administration of the section of the APEC Architect Register within its economy will also
be required. Monitoring Committees that have been granted authorisation may establish a
section of the APEC Architect Register

7. compare and contrast between APEC Manual and ASEAN Manual
Asean has been liberalizing and promoting trade in goods, trade in services, and the flow of
investments, creating a free trade area and one investment area. It is further streamlining the
administration of customs and tariffs, and harmonizing product standards. It is also developing
and facilitating road and rail transport and opening up air services to increased competition. It is
keen on developing information and communications technology and promoting its use.
Apec had its origins in 1989 as an informal ministerial-level dialogue group with 12 members.
But it did not prove to be an easy birth. The then prime minister of Malaysia, Dr Mahathir
Mohamad, was in 1990 at the forefront of the purely Asia-based East Asia Economic Caucus
proposal encompassing only Asean, China, Japan and the Republic of Korea.
In Conclusion, Asean's purposes are entirely consistent with those of Apec's in the areas where
they overlap. Indeed, Asean has been at Apec's core from the very beginning. In all of
this, Asean is doing its part to advance Apec's purposes. As a force behind the founding of
Apec, Asean is committed to do so.