NRM 1 - Order of Cost Estimating and Cost Planning for Capital Building Works: NRM 1 (New Rules of Measurement)

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The NRM1 Cost Management Handbook is the essential guide to how to successfully interpret and apply these rules, including explanations of how to: Other recent developments that have resulted in the need for a revised edition include the publication of a new RIBA Plan of Work (2020), which provides a framework for the analysis of construction costs. For the first time, all three volumes of the New Rules of Measurement (NRM) suite have been published at the same time. The updated suite consists of three separate volumes:

The chosen cost per square metre enables the cost of the building to be derived, though estimates will need to be made for the additional costs identified in NRM1. Most projects on the BCIS database are for firm-price contracts, so an allowance is needed if it is felt that inflation over the contract period will vary significantly from the average of projects in the sample. use the elemental breakdown and cost structures, together with the coding system developed for NRM1, to effectively integrate cost management with Building Information Modelling (BIM).But enough of this cynicism. What is the reality behind the hype? And how might it impact on the lawyer’s role in the construction process? CookieYes sets this cookie to record the default button state of the corresponding category and the status of CCPA. It works only in coordination with the primary cookie.

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International Construction Management Standards (ICMS): Global Consistency in Presenting Costs, (2nd edition) (incorporating life cycle costs) RICS property measurement (2nd edition), RICS Professional Statement (incorporating IPMS) RICS cost prediction (1 st edition), RICS Professional Statement RIBA Plan of Work 2020 and RIBA Digital Plan of Work (DPoW). ICMS captures a new method for the classification of cost for construction works (and associated costs) in an internationally agreed format. It enables direct cost comparisons between projects in different parts of the world, irrespective of whether estimates and cost plans have been prepared in accordance with NRM 1 or the measurement rules used by another country, therefore providing clients with greater confidence in the accuracy of such estimates and cost plans. ICMS takes into account the cost classification of the life cycle costs of the asset (i.e. the initial acquisition and construction costs plus renewal, operation, maintenance and end of life costs). The base cost classification arrangement (for the initial capital costs) can be used in conjunction with NRM 1, whereas the wider life cycle cost arrangement can be used in conjunction with NRM 3. Both NRM 1 and NRM 3 have been mapped through to ICMS. RICS professional standards and guidance RICS guidance notes Definition and scope RICS guidance notes set out good practice for RICS members and for firms that are regulated by RICS. An RICS guidance note is a professional or personal standard for the purposes of RICS Rules of Conduct. Guidance notes constitute areas of professional, behavioural competence and/or good practice. RICS recognises that there may be exceptional circumstances in which it is appropriate for a member to depart from these provisions in such situations RICS may require the member to justify their decisions and actions. Application of these provisions in legal or disciplinary proceedings In regulatory or disciplinary proceedings, RICS will take account of relevant guidance notes in deciding whether a member acted professionally, appropriately and with reasonable competence. It is also likely that during any legal proceedings a judge, adjudicator or equivalent will take RICS guidance notes into account. RICS recognises that there may be legislative requirements or regional, national or international standards that take precedence over an RICS guidance note. Document status defined The following table shows the categories of RICS professional content and their definitions. 2

Final project brief Formal cost plan Formal cost plan stage Functional unit Functional unit method Group element Gross external area (GEA) Gross internal floor area (GIFA) ICMS Initial project brief The initial project brief amended so that it is aligned with the concept design (RIBA project stage 2) and any briefing decisions made during RIBA project stage 2. Both the concept design and the final project brief are information exchanges at the end of RIBA project stage 2. The elemental cost plan that is reported to the employer on completion of a specific RIBA project stage or OGC Gateway. The point at which the quantity surveyor/cost manager formally submits an elemental cost plan to the employer for consideration. The formal cost plan stages are interlinked with the appropriate RIBA project stages and OGC Gateways. A unit of measurement used to represent the prime use of a building or part of a building (e.g. per bed space, per house and per m 2 of retail area). It also includes all associated circulation space. A rough budget-setting technique that consists of selecting a suitable standard functional unit of use for the project and multiplying the projected number of units by an appropriate cost per functional unit. The main headings used to describe the facets of an elemental cost plan. The area of a building measured externally (i.e. to the external face of the perimeter walls) at each floor level. The rules of measurement of gross external floor area (GEA) are defined in RICS property measurement (2nd edition), RICS professional statement. The area of a building measured to the internal face of the perimeter walls at each floor level. The rules of measurement of gross internal floor area are defined in RICS property measurement (2nd edition), RICS professional statement. The terms gross internal floor area (GIFA) and gross internal area (GIA) are synonymous. International Construction Measurement Standards. The brief following discussions with the client to ascertain the project objectives, the client s business 8 Sometimes, for example where a client is developing the requirements for a programme of work, they may not have defined the projects in terms of buildings but as functional units, for instance the number of places in a school. These units need to be clearly defined and should match those that are used in the cost information. NRM guidance

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Building product manufacturer looking to get your products listed and power up your marketing? List your products here. NRM2 employs a similar recommended Work Breakdown Structure as NRM1, albeit at a more granular level of detail. This compatibility enables NRM2 to also be aligned with ICMS, further enhancing its versatility and global applicability. NRM and the RIBA Plan of Work: A Project Lifecycle Framework The first 2 of these are detailed below, and the third will be covered in the next part of this article. Floor area method