Insights
ICMSCosts adopts the RICS Data Standard
Will Myles · 3 weeks ago in News
ICMSCosts has now fully incorporated the RICS Data Standard, a standardized data schema created by the Royal Institution of Chartered Surveyors (RICS) for the built asset industry, incorporating real...
Read more →ICMSCosts uploads its 20,000th reference project
Will Myles · 3 weeks ago in News
In another development milestone, ICMSCosts uploaded its 20,000th reference project this morning. Benchmark your project costs internationally using the ICMS3 standard, www.icmscosts.com. ____...
Read more →ICMSCosts shares its consensus view of construction costs in major international cities
Will Myles · 1 month ago in News
ICMSCosts has published its consensus view of construction costs in major international cities. The data has been sourced from several organizations and harmonized using the ICMS3 cost reporting stan...
Read more →Integrating Cost Processes into Digital Models - Driving the Need for Standardized Cost Data
Will Myles · 1 month ago in Opinion
The construction industry is striving to find the best way to integrate "what the design and construction teams do" with "what the PMO team does". A lot of manual intervention is required to overcome...
Read more →ICMS3 is freely available for cost and carbon management professionals
Will Myles · 1 year ago in News
The new ICMS3 standard is now available to download on the ICMS coalition website. ICMSCosts is now available for industry professionals who wish to benchmark the cost and carbon performance o...
Read more →ICMSCosts platform expands into embodied carbon data
Will Myles · 1 year ago in News
In another development milestone, ICMSCosts has uploaded its first carbon data based on the draft ICMS 3 standard for cost and carbon reporting now out for consultation. The carbon data joins ov...
Read more →ICMSCosts provides platform to asset owners to benchmark cost and carbon performance with ICMS3
Dave Ramsey · 1 year ago in News
The ICMS Coalition has launched the ICMS 3 consultation draft providing a common global reporting framework for cost and carbon. The coalition will welcome comments on the consultation draft bet...
Read more →ICMSCosts uploads 10,000th reference project
Will Myles · 1 year ago in News
ICMSCosts reached a key milestone today with the upload of our 10,000th reference project. The ICMSCosts database comprises an ever-growing portfolio of completed projects from over 140 countr...
Read more →The five crucial steps to superior global cost benchmarking
Will Myles · 1 year ago in Thought leadership
In recent posts, we have explored the difficulties faced by decision-makers around the availability and reliability of comparable cost data for built assets. Global cost benchmarking is now possibl...
Read more →ICMSCosts reviews cost data for major cities – but how real are the numbers?
Will Myles · 2 years ago in Thought leadership
ICMSCosts has carried out a comparison of the average new-build construction costs in major cities around the world. The aim of the exercise was to determine the extent to which this information coul...
Read more →Benchmarking of built asset costs - how much data is in the public domain
Will Myles · 2 years ago in Thought leadership
When it comes to delivering and operating built assets, client organisations can’t be sure they’re getting value-for-money. Couple this with project delays and budget overruns, and the result is often...
Read more →Infrastructure agencies recognise ICMS-based data-sharing as key to international cost benchmarking
Will Myles · 2 years ago in Thought leadership
ICMSCosts was privileged to join the ICMS Coalition for a recent round table series on global cost and carbon reporting. The ICMS Coalition comprises 49 organisations from around the world committed...
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