IPMS

Question 1

Please explain your understanding of the recent IPMS Updates?

Answer 1

1) IPMS All Buildings was introduced in January 2023 and now supersedes all previous standards and applies to all buildings irrespective of their use or sector class.
2) Key Updates to this latest standard include:-
o A shorter and more concise format has been adopted.
o Definitions set out within the standards were made to be deliberately unique in an
attempt to prevent confusion amongst existing standards across global markets.
o The IPMS is organized into 4 volumes that can be utilised by different professional
groups in various scenarios.
o This is thought to encourage the adoption of the standards on a global scale as some markets were slow to incorporate IPMS and called for one simplified version of the standards.

Question 2

What are different volumes of the IPMS?

Answer 2

 IPMS 1 – External Measurements for Whole or Part of a Building.
 IPMS 2 – Internal Measurements for Whole or Part of a Building.
 IPMS 3.1 – External Measurements for Exclusive Occupation.
 IPMS 3.2 – Internal Measurements for Exclusive Occupation.
 IPMS 4.1 – Internal Measurements for Selected Areas including Internal Walls and Columns.
 IPMS 4.2 - Internal Measurements for Selected Areas excluding Internal Walls and Columns.

Question 3

Please explain your understanding of the key definitions set out
within the IPMS?

Answer 3

 Internal Dominant Face – The inside surface area comprising more than 50% of the lowest 2.75m measurement vertically from the structural floor surface, or to the ceiling if lower, for each wall section.
 Component – One of the main elements into which the floor area of a building can be allocated.
 Component Area – The floor area attributed to one of the components.
 Standard Facilities – Shared areas in a building that typically do not change over time, such as circulation areas, stairs, escalators, lifts/ elevators, toilets, cleaners cupboards, plant rooms, fire refuge areas and maintenance rooms.

Question 4

What is your view of the IPMS Updates?

Answer 4

 I think the IPMS when established globally will provide an extremely useful set of measurement standards that will hopefully negate ambiguity across international markets.
 In reality this is proving very difficult to achieve due to the existing preferences in place in each market place.
 For example the UK has been slow to adopt the IPMS due to a familiarity and preference of the existing standards.
 I am also awaiting the updated RICS Professional Statement for Property Measurement to find out how the Institution and experts within the profession view the updated IPMS.

Question 5

What is your understanding of the most recent IPMS updates?

Answer 5

IPMS all buildings was introduced in Jan 2023 and now supersedes all previous standards, it applies to all buildings irrespective of their use or sector class.

Key updates include:

1) A shorter, more concise format
2) Definitions set out within the standards were made to be deliberately unique in an attempt to prevent confusion amongst existing standards across global markets
3) Now organised into into 4 volumes that can be used by different professional groups in various scenarios