RICS Property Measurement (including IPMS)

The RICS has released a new professional statement regulating property measurement, mandatory for all RICS Members. Learn how to measure in line with the new professional statement which incorporates the International Property Measurement Standards (IPMS).

Overview

The RICS Code of measuring practice no longer applies to office or residential measurements. Instead, members measuring these types of properties should follow the RICS property measurement, 2nd edition, professional statement, which advises on how to measure in line with International Property Measurement Standards.

This course will familiarize you with the key elements of the professional statement, the mandatory requirements, and address the context for the adoption of the international standards. You can also purchase the additional modules which cover the use of IPMS: Office Buildings and IPMS: Residential Buildings as applied in the professional statement.

The Code of measuring practice, now globally applicable, continues to provide guidance and is still considered as best practice for measuring all other property types. As such, RICS strongly advises members to continue using the Code.

Additional note:
RICS members undertaking office or residential measurements must be able to demonstrate compliance if called upon by RICS Regulation as Part 1 of the professional statement is mandatory.

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Learning outcomes

• Understand the mandatory and non-mandatory elements of the global professional statement

• Gain familiarity with the principles and methods of RICS measurement

• Recognise the need for international measurement standards

• Gain practical knowledge of the international standards relevant to you, and how to apply them

Course content

You need to complete two parts of this elearning course and the final exam to receive your certificate of completion and claim your CPD:

Part 1: Changes to Measurement Practice

AND

Part 2: IPMS Office Buildings

OR

Part 2: IPMS Residential Buildings

Who is this for?

• Valuers
• Property Managers
• Property Developers
• Estate Agents
• Quantity Surveyors
• Cost Engineers
• Cost Managers
• Architects
• Facilities Managers
• Accountants
• Property Investors