EDHECinfra partner RICS is launching the 2nd edition of its global consultation on International Construction Measurement Standards (ICMS).

Responding to industry feedback, the ICMS Coalition is updating the standard to clarify how construction stakeholders will benefit from a reporting system that provides internationally comparable life cycle cost data. The input of RICS professionals is crucial as the international standard will form the foundation of the forthcoming Global Cost Prediction Professional Statement, which will contain mandatory requirements for members.

Access the consultation here.

Read more about ICMS on the RICS website here.