Consultation For ICMS 2nd Edition
The International Construction Measurement Standards Coalition are seeking feedback on the second edition of ICMS, which incorporates life cycle costs. The International Construction Measurement Standards Coalition are seeking feedback on the second edition of ICMS, which incorporates life cycle costs. Since publication in July 2017, the International Construction Measurement Standards (ICMS) have provided a single methodology for reporting, grouping and classifying construction project costs. In response to industry feedback following the publication of the first edition of ICMS, the ICMS Coalition have introduced and are seeking feedback on a second edition which incorporates life cycle costs. The second edition will enable practitioners to classify costs across the whole project life cycle…