Quantification & Costing Flashcards
What are the differences between SMM7 and NRM?
Purpose
SSM7 - used for BoQs in traditional procurement
NRM - broader scope - covers pre-con planning, cost planning and cost estimate throughout project lifecycle (maint)
Structure
SMM7 - Focusses on how to measure and describes work items clearly for contractors
NRM - suite for planning and management
Flexibility
SMM7 - less adaptable to modern procurements like D&B
NRM - Addresses modern procurement methods and entire project lifecycle
Content
SMM7 - detailed guidance and measurement rules and methods for specific trades
NRM - includes prelims, cost analysis, elemental cost breakdowns for clearer cost management
What are the NRM?
NRM1: Focuses on early cost estimates and order-of-cost estimates.
NRM2: Replaces SMM7 for BoQs in detailed measurement. For building works
NRM3: Provides guidance on life cycle costing and maintenance cost planning