Measurement AI Q's Flashcards
(93 cards)
What is the title of the RICS Measurement Professional Standard discussed?
RICS Property Measurement (2nd ed) Jan 2018
When was the former measurement professional statement recategorized as a Professional Standard?
June 2024
What does the guidance of the RICS Property Measurement provide?
Understanding of the application of the professional standard and technical definitions, incorporates aspects of the IPMS suite of guidance
What statement was added to the guidance and RICS website at the date of recategorization?
Following the publication of IPMS: All Buildings, please note this document is in the process of being updated
What are the two main elements of RICS property measurement guidance?
- Professional standard: property measurement
- RICS IPMS data standard
What does the Professional Standard for property measurement include?
- Application of the Professional Standard
- Technical definitions
- IPMS: Office Buildings
- IPMS: Residential Buildings
What does the RICS IPMS data standard reflect?
IMPS standards (IPMS: Office Buildings and IPMS: Residential Buildings)
How will the RICS IPMS data standard be updated?
To comply with other IPMS standards, including industrial, retail, and mixed use
For which building classes may the bases of measurement from the RICS Code of measuring practice still apply?
All building classes except offices and residential buildings
Fill in the blank: The RICS Code of measuring practice is currently in its _______ edition.
6th ed, 2015
What must be documented if IPMS is not used?
The reason for departure
This ensures transparency in measurement practices.
What measurement methodologies can be adopted?
Laser measurer or tape measure
The choice of methodology should be documented.
What details must be included regarding the RICS member or regulated firm?
Name of the RICS member and/or RICS regulated firm
This identifies who conducted the measurements.
What are RICS members expected to advise their clients about?
The benefits of using IPMS
This highlights the importance of standardized measurement practices.
True or False: IPMS is suitable in all circumstances.
False
RICS members must document reasons for not using IPMS when applicable.
What scale should be documented in the measurement process?
Scale of any plans used
This ensures that measurements are interpreted correctly.
What is the significance of the date of measurement?
It provides a timeline for when the measurement was conducted
This is essential for record-keeping and accountability.
What does IPMS stand for?
International Property Measurement Standards
IPMS is a global initiative aimed at establishing consistent measurement definitions.
Who leads the initiative for IPMS?
RICS (Royal Institution of Chartered Surveyors)
RICS is responsible for introducing mandatory IPMS to enhance global transparency.
What is the role of the International Property Measurement Standards Council (IPMSC)?
To drive the development of IPMS
IPMSC is a global group focused on establishing measurement standards.
When was the first IPMS publication for office buildings released?
2014
This publication was incorporated into RICS guidance in 2015.
This publication was incorporated into RICS guidance in 2015.
What year was IPMS: Residential Buildings formally incorporated into RICS guidance?
January 2018
This publication represents the most current measurement guidance for members.
Which IPMS publications were released in 2018 and 2019?
IPMS: Industrial Buildings (2018) and IPMS: Retail Buildings (2019)
Neither of these publications was incorporated into RICS guidance.
What significant IPMS publication was released in 2023?
IPMS: All Buildings
This publication supersedes all previously published IPMS standards for individual asset classes.