In November, the International Construction Measurement Standards (ICMS) was released for public comment.
ICMS Coalition, a group of over 40 professional bodies, is asking for professionals to support the project that seeks to develop a new approach to calculate costs for the world’s building and civil engineering projects. The aim is to devise a universal system for measuring the cost of construction projects to allow comparisons to be made on a like-for-like basis between countries.
Today, the way construction project costs are measured varies significantly from country to country, hampering decision making and creating barriers to investment. All stakeholders in the construction and infrastructure sectors are invited to comment on the draft standard.
“This draft international standard presents huge opportunities for the global cost management profession,” says Ong See Lian, Chair of the ICMS Coalition SSC. “We’ve worked hard to get the new standard to this point and we now need to hear from cost consultants, quantity surveyors and civil engineers around the world.”
Related Stories
Codes and Standards | Aug 22, 2019
Texas flood prevention initiative would create nation’s most ambitious barrier system
Plan including sand dunes and mechanical barriers would cost as much as $32 billion.
Codes and Standards | Aug 22, 2019
Multimedia app identifies construction hazards
Researchers say program will reduce injuries, save lives.
Codes and Standards | Aug 22, 2019
Cities take action to keep cool as climate heats up
Initiatives include cool streets, cool roofs, and broader urban tree canopy.
Codes and Standards | Aug 22, 2019
5G expected to give a boost to construction technology
Virtual reality, Internet of Things, robotics, and drones will all benefit from enhanced data flows.
Codes and Standards | Aug 15, 2019
New edition of Building Code Requirements for Structural Concrete available
American Concrete Institute document includes major technical changes.
Codes and Standards | Aug 13, 2019
Coaching pays off for new managers
Study finds increased engagement and readiness for new roles.
Codes and Standards | Aug 12, 2019
New curtain wall design guidelines released
AAMA document includes mandatory language, optional language, and detailed technical commentary.
Codes and Standards | Aug 9, 2019
Cities modify density zoning to spur more affordable housing projects
Solutions include eliminating single-family zoning and allowing taller apartments in higher-density zones.
Codes and Standards | Aug 8, 2019
More designers focusing on acoustic properties of buildings
Recognition that structures should be acoustically satisfying.
Codes and Standards | Aug 7, 2019
Illinois law makes all single-occupancy restrooms gender-neutral
All must comply by January 1.
