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Last edited 20 Sep 2021
PMV can be calculated based on aspects of the project such as quantity of material manufactured offsite, percentage by volume of precast components and so on. The Department for Education defines PMV as (materials + offsite labour) / (materials + offsite labour + on site labour). Quantitative approaches such as this require that data is available in a suitable format and in sufficient detail to allow comprehensive calculations to be undertaken.
NB DfMA Overlay to the RIBA Plan of Work, Mainstreaming Design for Manufacture and Assembly in Construction, 2nd Edition, published by the RIBA in 2021, defines pre-manufactured value (PMV) as: ‘A proxy measure of project efficiency calculated as the project’s gross capital cost less the cost of prelims (site overheads) and site labour, divided by the gross capital cost, expressed as a percentage. The business-as-usual benchmark is 40%; anything higher has more of its operations conducted off site.’
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