Practice Management

Running a professional practice: business structures (sole trader, LLP, limited company), professional indemnity insurance obligations, fee management and cash flow, employment law basics, quality management systems, and practice risk assessment frameworks. This topic sits at the heart of the Part 3 examination, appearing across all three written papers and in the oral examination. Examiners frequently combine this area with overlapping topics, particularly professional ethics and the impact of procurement route selection on design liability.

Candidates should be able to apply statutory knowledge to project scenarios, demonstrating not just awareness of obligations but practical judgement about how competing duties interact under time and budget pressure.