Designing Buildings: Created page with "[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effectiv..."

2023-03-09T08:50:12Z

Created page with "[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effectiv..."

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[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effective from 31 January 2022], Published by the Royal Institution of Chartered Surveyors (RICS) in November 2021, suggests that:

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Plant and equipment may be broadly divided into the following categories:

* plant: assets that are combined with others and that may include items that form part of industrial infrastructure, utilities, building services installations, specialised buildings, and machinery and equipment forming a dedicated assemblage
* machinery: individual, or a collection or a fleet or system of, configured machines/technology (including mobile assets such as vehicles, rail, shipping and aircraft) that may be employed, installed or remotely operated in connection with a user’s industrial or commercial processes, trade or business sector (a machine is an apparatus used for a specific process) or
* equipment: an all-encompassing term for other assets such as sundry machinery, tooling, fixtures, furniture and furnishings, trade fixtures and fittings, sundry equipment and technology and loose tools that are used to assist the operation of the enterprise or entity.
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= Related articles on Designing Buildings =

* Central plant.
* Compact construction equipment.
* Construction tools.
* Decentralised plant.
* Equipment.
* Equipment supply.
* Excavating plant.
* How to manage construction plant.
* Plant.
* Tools.

[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Products_/_components]]

Machinery - Revision history

Designing Buildings: Created page with "[https://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/red-book/red-book-global RICS Valuation – Global Standards, Effectiv..."