Measurement Flashcards

1
Q

What is the most up to date measurement guidance?

A

RICS Professional Standard: Property Measurement 2nd Edition (2018)

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2
Q

When was the RICS Professional Standard: Property Measurement 2nd Edition?

A

2018

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3
Q

Which asset classes does RICS Code of z
Measuring Practise (2015) provide the latest guidance for?

A

All asset classes except residential and offices

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4
Q

What is included in RiCS Professional Standard: a property Measurement (2018) but not the RICS code of measuring practise (2015)?

A

IPMS guidance for offices and residential

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5
Q

What is included in measurement reporting?

A
  1. Purpose of measurement
  2. Date of instruction & measurement
  3. Adopted measurement standard
  4. If IPMS not used, document why
  5. Measurement method
  6. Scale of any plans
  7. Name of RICS member
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6
Q

What is the idea behind IPMS?

A

Aimed to increase consistency and transparency in measurement

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7
Q

When was IPMS for office published and incorporated

A

Published - 2014
Incorporated - 2015

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8
Q

When was IPMS for residential published and incorporated?

A

Published 2016
Incorporated 2018

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9
Q

Have IPMS for industrial and retail been published?

A

Yes, but not yet incorporated

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10
Q

When was IPMS: All Buildings published

A

2023

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11
Q

What does IPMS 1, 2, and 3 relate to for offices?

A

1 - for planning and construction (GEA)
2 - for valuation or agency purposes (GIA)
3 - for agency or valuation purposes (NIA)

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12
Q

What is included by stated separately in IPMS 1 for offices?

A

Balconies, terraces, covered galleries

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13
Q

What is excluded in IPMS 1 for offices?

A

Open external stairwell, patios, external parking

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