RICS Property Measurement Quiz
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RICS Property Measurement Quiz

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Questions and Answers

What does IPMS aim to establish?

  • A consistent methodology for measuring all types of buildings globally (correct)
  • A uniform code for financial management
  • A regulatory framework for urban planning
  • A new standard for building designs

    • The RICS Property Measurement 2018 will remain relevant even after the adoption of IPMS All Buildings.

    False

    What is the primary focus of the RICS Code of Measuring Practice (COMP)?

    To provide a common and consistent approach to measurement for all asset classes except Offices & Resi.

    IPMS 3 2 refers to __________ exclusive use.

    <p>Internal</p> Signup and view all the answers

    Which of the following measurements typically involves a deduction from GEA by about 2-3%?

    <p>GIA - Gross Internal Area</p> Signup and view all the answers

    Match the following measurement terms with their descriptions:

    <p>GEA = Gross External Area GIA = Gross Internal Area NIA = Net Internal Area IPMS = International Property Measurement Standards</p> Signup and view all the answers

    What does GEA stand for, and what does it represent?

    <p>Gross External Area; it represents the area of a building measured externally at each floor level including perimeter walls.</p> Signup and view all the answers

    IPMS has not yet been incorporated into RICS Guidance as of October 2024.

    <p>True</p> Signup and view all the answers

    What does the RICS property measurement consist of?

    <p>Professional standard property measurement and RICS IPMS data standard</p> Signup and view all the answers

    The IPMS came into effect on 01 January 2018.

    <p>False</p> Signup and view all the answers

    What is the purpose of IPMS 2 in residential buildings?

    <p>Measures internal floor area including internal and external walls.</p> Signup and view all the answers

    IPMS 3A measures to the outer face of the __________ wall and the center line of shared walls.

    <p>external</p> Signup and view all the answers

    Which of the following is true regarding the general principles of measurement in RICS Professional Standard?

    <p>Members must retain specific information on file or in reports.</p> Signup and view all the answers

    What must RICS members provide if they do not use IPMS?

    <p>Reason for departure.</p> Signup and view all the answers

    Match the following IPMS types with their descriptions:

    <p>IPMS 1 = Exterior perimeter including gross external area IPMS 2 = Internal floor area including walls for cost estimating IPMS 3A = Area measured to outer face of external walls IPMS 3B = Area in exclusive occupation including internal walls and columns</p> Signup and view all the answers

    What is the primary purpose of using IPMS standards?

    <p>To promote consistency and transparency in measurements</p> Signup and view all the answers

    IPMS allows for comparisons and reduces misinterpretations in building size measurement.

    <p>True</p> Signup and view all the answers

    The term __________ refers to the measurement of usable floor area excluding walls and columns.

    <p>IPMS 3C</p> Signup and view all the answers

    Study Notes

    RICS Property Measurement

    • Composed of two elements:
      • Professional standard property measurement - RICS IPMS Data Standard

    Professional Standard

    •  Includes:
      • Technical definitions - IPMS Office buildings - IPMS Residential buildings - Application of the Professional Standard

    RICS IPMS Data Standard

    •  Reflects IPMS Standards (Office and Resi).
    •  Updated to comply with other IPMS Standards.
    •  For all building classes (excluding office and resi), the bases of measurement in the RICS Code of Measuring Practice (6th Ed.) 2015 ("COMP") may apply.

    IPMS

    • Stands for International Property Measurement Standards.
    • Multiple sub-areas: - IPMS 1 - External perimeter. - IPMS 2 - Internal floor area and internal and external walls. - IPMS 3 - Residential (occupier). - IPMS 3A - Measured to outer face of external wall and centre line of shared walls. - IPMS 3B - Measured to internal dominant face and finished surface. - IPMS 3C - Measured to internal dominant face and finished surface.

    General IPMS Terms

    •  Internal Dominant Face (IDF)
    •  Common Facilities
    •  IDF Wall Section
    •  Component Area
    •  Finished Surface
    •  Useable Floor Area

    RICS Professional Standard

    •  All members must comply with and retain the following information: - Purpose of measurement instruction. - Date of measurement instruction. - Date of measurement. - Measurement standard adopted. - Reason for departure if IPMS not used. - Measurement methodology adopted. - Scale of plans used. - Floor area schedule. - Unit of measurement and conversion factor. - Measurements and calculations must be clearly documented. - Retain record of RICS member responsible. - Advise client on benefits of using IPMS.

    IPMS: All Buildings

    •  Will supersede all previous IPMS standards.
    •  Aims to establish a consistent methodology for measuring all types of buildings globally.
    •  Harmonizes all building classes.
    •  Envisaged that current RICS Property Measurement 2018 will no longer be relevant once adopted.
    •  Sets out definitions and diagrams for different IPMS sub-areas, including IPMS 1 through IPMS 4.

    RICS Code of Measuring Practice (6th Ed.) 2015 ("COMP")

    •  Still the best practice document for all asset classes except offices and resi.
    •  Provides precise definitions to ensure consistent approach.

    Bases of Measurement

    •  Examples include: - Gross External Area (GEA) - Gross Internal Area (GIA) - Net Internal Area (NIA)

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    Related Documents

    RICS Measurement Level 2 Revision Notes PDF

    Description

    Test your knowledge of the RICS Property Measurement standards, which include the Professional Standard and the RICS IPMS Data Standard. This quiz covers key definitions and applications for both office and residential buildings under the International Property Measurement Standards (IPMS).

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