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

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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). 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: We’re looking for people with a wide range of skills and experiences to work right across our business.

In the world of construction, precision and uniformity in measurement are the cornerstones of successful projects. Enter the New Rules of Measurement (NRM), a comprehensive set of guidelines meticulously crafted by the Quantity Surveying and Construction Professional Group and published by the Royal Institution of Chartered Surveyors (RICS). The primary development in recent years has been the publication of the International Cost Management Standard (ICMS) (formerly known as International Construction Measurement Standards). Together with the Cost prediction professional standard, there now exists a hierarchy of cost management standards and tools from the high-level and global ICMS, through the more detailed principles of all aspects of cost prediction in the professional standard, to the detailed rules and guidance in the NRM suite. Part3isalsoexplanatoryregardingthepurposeandprocessesofelementalcostplanningalongwithrulesofmeasurementthatapplytoputtinganelementalcostplantogether.

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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? Intelligent construction specification, in the cloud. Work together on specs in real-time, across organisations and locations The current local market – is the existence of other large projects likely to influence the demand and supply of labour and materials?

TheRoyalInstituteofCharteredSurveyors(RICS)havedevelopedandpublishedasuitofdocumentstitledtheNewRulesofMeasurement(NRM).Thereare3mainNewRulesofMeasurement,NRM1,NRM2&NRM3.ThisparticularblogisgoingtofocusonNRM1andprovideasummaryofwhatitisandwhatitwasdevelopedfor. NRM is designed to seamlessly integrate with the RIBA Plan of Work. It aligns cost estimating and cost planning stages with the RIBA Plan of Work’s various stages. This alignment ensures that cost estimates and plans are prepared at the right points in the project lifecycle, enhancing decision-making and budget control. Benefits of Implementing NRM The processes and measurement rules set out in NRM1 and the cost data supplied by BCIS, applied by an experienced quantity surveyor, provide a means of calculating a robust initial estimate, and are the basis for strong cost control as a project design develops. The International Construction Measurement Standards (ICMS) is a principle-based international standard that lays out a framework for classifying, defining, measuring, recording, analysing, and presenting construction project life cycle costs globally. It promotes uniformity and transparency, transcending international boundaries. The NRM1 Cost Management Handbook is the essential guide to how to successfully interpret and apply these rules, including explanations of how to:One of the primary strengths of NRM lies in its standardisation of measurement and costing practices. By adhering to a common methodology across projects, professionals can ensure consistency in documentation, measurement, and reporting. This standardisation streamlines communication between project stakeholders, minimising misunderstandings and disputes. Benchmarking and Performance Evaluation The first 2 of these are detailed below, and the third will be covered in the next part of this article. Floor area method 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 New rules of measurement (NRM) provides a standard set of measurement rules and essential guidance for the cost management of construction projects and maintenance works.