Measurement Flashcards
Tell me about your understanding of RICS Property Measurement
- Mandatory guidance for members regarding flooding
- Sets out number of principles required
When would you use NIA as a measurement basis?
- Offices & shops
When would you use GIA as a measurement basis?
- Residential dwellings and industrial units
When would you use GEA as a measurement basis?
- Insurance Reinstatements
- Planning applications
What measurement basis would you use for office property?
- NIA
What measurement basis would you use for industrial property?
- GIA
What measurement basis would you use for retail property?
- NIA
How does RICS Property Measurement differ from the old Code of Measuring Practice?
- RICS Property Measurement makes IPMS mandatory
Why is accuracy important when you measure buildings?
- Inaccurate measurements can lead to misleading valuations, insurances costs etc
Tell me about how you use floor plans to facilitate measuring buildings?
Floor plans allow us to record various measurements that allow us to calculate floor areas
How do you calibrate a laser measurer?
- Measure a known distance to see how accurate it is
- Can manually adjust accordingly
- Some distos have an automatic calibration feature
- Can send them away to be factory calibrated
Tell me about a strength and weakness of a measuring technique you have used.
- Disto - quick and simple to use but they can run out of battery
When would you use a tape measure?
A plot of land
When would you use a trundle wheel?
An even plot of land
What is a potential source of error when measuring?
Holding a disto at an angle
What is IPMS?
- International Property Measurement Standards
- International standard which specifies how to measure property assets
Why has IPMS been introduced?
To ensure that property assets are measured in a consistent way, creating a more transparent marketplace, greater public trust, stronger investor confidence, and increased market stability
Which IPMS standards are adopted by RICS?
- IPMS Residential & Office
Explain your understanding of IPMS All Buildings to me.
- IPMS All Buildings is the most recent version of IPMS
- It was introduced in 2023
- It applies to all building types
- Supersedes all previous IPMS standards by utilising the concepts and objectives in those documents and incorpoates them into one unified document
What is dual reporting?
- Reporting IPMS measurements alongside areas calculated using another standard such as the code