Business Commons^™

International Construction Measurement Standard, Charles Mitchell

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The International Construction Measurement Standard Coalition (the Coalition) was formed on 17 June 2015 after meeting at the International Monetary Fund in Washington DC, USA. The Coalition, comprising the organisations listed below at the date of publication, aims to bring about consistency in construction cost reporting standards internationally. This is achieved by the creation and adoption of this ICMS, an agreed international standard for the structuring and presentation of cost reports. ICMS sets out a structure for describing construction costs in terms of project scope, attributes and values descriptors. This document setting out the provisions of ICMS is the first …

The Function And Format Of Bills Of Quantities:An Irish Context, Tony Cunningham

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The production of bills of quantities as a means of obtaining tenders has traditionally been viewed as a primary function of the quantity surveying profession.

This study investigates the function and format of bills of quantities in the Irish context. It explains the nature of bills, how they are compiled, and identifies the situations in which they may be used. The primary functions of the bill as a means of obtaining tenders and its status as a contract document are explored. The study also addresses particular aspects of the bill which may aid the effective management of construction projects for …

Main Contractor Selection On Construction Projects When Adapting An Integrated Project Delivery Procurement Strategy Within An Irish Context., Fiacra Mcdonnell

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The Irish construction industry has experienced turbulent years over the last decade from an economic viewpoint. The industry has tended to be conservative in nature and slow to embrace change. However international influences have exposed Irish construction professionals to new more efficient systems and technologies, which although slow to take hold have started to gain traction within certain sectors of the industry. This study has focussed on the innovative procurement route known as Integrated Project Delivery (IPD), and its facilitator; Building Information Modelling (BIM). The overall aim of this study was to investigate whether Integrated Project Delivery was a viable …