Filipino workers prepare the steel reinforcement bars for the construction of new highway flyover leading to Manila International airport in Manila suburbs. Until now the global construction industry has lacked a common language and framework for classifying and reporting construction costs, which has often caused huge problems for consultants, quantity surveyors, construction economists and cost engineers around the world. Photo: EPA

Hong Kong building industry experts applaud arrival of universal International Construction Measurement Standards

ICMS aims to provide greater global consistency in classifying, defining, measuring, analysing and presenting construction costs at a project, regional, state, national and international level

TOP PICKS

Filipino workers prepare the steel reinforcement bars for the construction of new highway flyover leading to Manila International airport in Manila suburbs. Until now the global construction industry has lacked a common language and framework for classifying and reporting construction costs, which has often caused huge problems for consultants, quantity surveyors, construction economists and cost engineers around the world. Photo: EPA
READ FULL ARTICLE