- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 17 Apr 2018
Elemental cost analysis
The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.
According to NRM1: Order of cost estimating and cost planning for capital building work, an ‘elemental cost analysis’ (or cost analysis) is:
‘…a full appraisal of costs involved in previously constructed buildings and is aimed mainly at providing reliable information that will assist in accurately estimating cost of future buildings. It provides a product-based cost model, providing data on which initial elemental estimates and elemental cost plans can be based.'
 Find out more
 Related articles on Designing Buildings Wiki
Featured articles and news
A guide to daylight design for commercial buildings.
Two opposite approaches to cost estimating that can work together.
BSRIA reports on propsects for the US construction industry.
ECA research shows lack of preparation amongst survey respondents.
Smart mapping approaches for building better infrastructure.
The importance of emergency planning.
Eight forms of resource optimisation.
CIOB responds to Chancellor Sunak's announcement on jobs and the economy.
Revised guide to competition rules available.
Brick slip soffit systems and intricate brick features.
An innovative engineering approach could have had tragic consequence for NYC.
Some secrets behind how canals work.