RICS New Rules of Measurement

The RICS New Rules of Measurement (NRM) are guidelines developed by the Royal Institution of Chartered Surveyors to standardize how construction projects are measured and priced. They aim to create consistency in the measurement process, ensuring clarity and accuracy in project cost estimates and specifications. The NRM covers various aspects of construction, including the preparation of cost plans, bills of quantities, and detailed measurement of work. This helps avoid disputes, facilitates better project management, and improves communication among stakeholders, ultimately enhancing efficiency in the construction industry.