Measurement L1 Flashcards
What basis of measurement are you aware of?
Gross External Area (GEA)
Gross Internal Area (GIA)
Net Internal Area (NIA)
What is IPMS?
This stands for International Property Measurement Standards.
Its a globally recognised standard for measurement property assets.
What is IPMS 3 and when is it used?
IPMS 3 is used to measure internal areas of a building.
What is included in IPMS 2?
IPMS 2 includes all internal areas inclusive of void areas.
Tell me about your understanding of RICS Property Measurement.
Standards for accurate property measurement by RICS, ensuring consistency and fairness in real estate transactions.
When would you use NIA as a measurement basis?
To obtain a GDV
When would you use GIA as a measurement basis?
To obtain a Build cost
When would you use GEA as a measurement basis?
Within a planning application to show the total size of the development.
What measurement basis would you use for office property?
NIA
Tell me about what is included in NIA/GIA/GEA?
NIA - All usable floorspace
GIA - All floorspace, internal walls and columns.
GEA - All floorspace, internal walls, columns and external walls
What measurement basis would you use for industrial property?
GEA
What measurement basis would you use for retail property?
NIA
How does RICS Property Measurement differ from the old Code of Measuring Practice?
- Understands the Global Standards
- Comprehensive Coverage
- Modernisation and Adaptation
- Transparency
Tell me about how you use floor plans to facilitate measuring buildings?
By leveraging floor plans, surveyors can streamline the building measurement process, improve accuracy, and ensure effective communication of measurement outcomes.
Why has IPMS been introduced?
Global Standardization
Enhances Transparency
Enables Global Comparability
Mitigates Risks
Promotes Industry Collaboration
