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

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

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

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After the Foreword the NRM2 opens up with a General section, that outlines the big picture of the RICS New Rules of Measurement Suite and how NRM2 fits into the whole NRM project; that is estimating and cost planning through to whole life costs. In the NRM1 Cost Management Handbook, David Benge explains in clear terms how NRM1 ismeant to be used in familiar quantity surveying tasks, as well as a range of activities of crucial importance for professionals in years to come. NRM2 (detailed rules of measurement for building works) is probably the least revolutionary element of the new suite.

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). As well as a set of rules for how to quantify building work, NRM is intended to provide a toolkit for cost management that will be central to controlling costs as a project develops. Unlike capital building works projects, maintenance works are carried out from the day a building or asset is put to use until the end of its life. in addition it was thought that the SMM7 was too UK centric and a more universal approach was now required.The most obvious difference between SMM7 and NRM2 is that because NRM2 has been drafted with the preparation of sub-contract packages in mind there are more sections; 41 work sections in NRM2 compared with 22 trade sections in SMM7. The New Rules of Measurement ( NRM) are published by the Royal Institution of Chartered Surveyors ( RICS) and prepared by the Quantity Surveying and Construction Professional Group. The establishment and implementation of effective cost management procedures at an early stage in the development of a building project will help ensure success.

e. preliminaries, overheads and profit, project team and design team fees, risk allowances, inflation, and other development and project costs. David authored both the first and second editions of NRM1 for the RICS and was co-author and executive technical editor on both NRM2 and NRM3 . This is the definitive guide to measurement and estimating using NRM1, written by the author of NRM1 himself.Due to the higher specification finishes required, upper quartile cost data for Chelmsford, Essex has been used. Benge is a Fellow of the Royal Institution of Chartered Surveyors (RICS) with over 30 years experience as a quantity surveyor and educator. It seemed that Nirvana was being revealed to us; a new world of accurate cost estimates, clear and transparent cost data and measurable whole life value.

It provides guidance and rules on how to measure and estimate the cost of general building and construction work such as substructures super structures and internal finishes etc. Save where and to the extent expressly permitted within this document, no par t of this work may be reproduced or used in any form or by any means including graphic, electronic, or mechanical, including photocopying, recordi ng, taping or web distribution, without the writ ten permission of RICS or in line with the rules of an existing licence. However, it at least introduces a degree of discipline and should over time allow a database of historic cost information to be collected, which will then inform future cost plans. Part 3 is also explanatory regarding the purpose and processes of elemental cost planning along with rules of measurement that apply to putting an elemental cost plan together.There are other classification schemes and related systems in use in the global construction industry, and sometimes it’s necessary to use more than one for specific purposes in a project. It remains to be seen whether NRM2 will succeed in re-converting those preparing tender documents to the benefits of a BQ approach. However, the benefits of using the NRM1 that represents best practice which was written in such a way as to be understandable by all those involved in a construction project.

This book is essential reading for anyone working with NRM1, and is the most authoritative guide to practice available for those preparing to join the industry.It contains guidance on a range of subjects relating to the construction process of which the QS should be aware, from e-tendering and valuing changes to liquidated damages, insurance and dispute resolution. While NRM is based on UK practice, it provides a framework for a common set of rules and guidance with global application. Typeset using Type Stages from the RIBA Plan of Work 2020, copyright Royal Institute of British Architects, are reproduced with the permission of RIBA. Cost managers should discuss and jointly agree appropriate controls and review mechanisms with the employer and, where appointed, the project manager.



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