CIOB joins global coalition to unify construction measurement standards
This week the Chartered Institute of Building has joined over 30 professional bodies from across the globe to create the International Construction Measurement Standards (ICMS) coalition.
The new worldwide initiative, which represents a landmark moment for construction, was officially launched at the International Monetary Fund (IMF) in Washington D.C. in July. The coalition was established by a number of non-profit organisations representing professionals in more than 140 countries worldwide.
The initiative aims to harmonise standards in the built environment and create simple classification and measurement definitions, in order to enhance the consistency and comparability of capital projects. As an industry that is estimated to be worth a staggering $15 trillion by 2025, inconsistency has the potential to create a huge degree of uncertainty, misunderstanding and risk, further demonstrating the importance of synchronising standards.
It is expected that the ICMS coalition will continue to grow as additional organisations acting in the interest of professionals join the effort to align high-level measurement principles. Industry corporations, contractors and government stakeholders will be encouraged to adopt the new international framework and readily incorporate the standards into a number of capital projects.
Commenting on the coalition, Eddie Tuttle, Senior Policy and Public Affairs Manager said: “As a professional body, the CIOB is delighted to join the ICMS coalition and be at the forefront of devising and developing measurement standards in construction. Given the socio-economic importance of the industry, it is imperative to work towards internationally recognised standards and minimise the prevalence of risk. This coalition represents a fantastic vehicle for change, and we look forward to working with our partners to develop internationally agreed standards in the near future. ”
ENDS
NOTES TO EDITORS
The Chartered Institute of Building is at the heart of a management career in construction.
We are the world's largest and most influential professional body for construction management and leadership. We have a Royal Charter to promote the science and practice of building and construction for the benefit of society, and we’ve been doing that since 1834. Our members work worldwide in the development, conservation and improvement of the built environment.
We accredit university degrees, educational courses and training. Our professional and vocational qualifications are a mark of the highest levels of competence and professionalism, providing assurance to clients and other professionals procuring built assets.
Further information is available by contacting Saul Townsend on stownsend@ciob.org.uk or +44 (0) 1344 630 766.
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