Last edited 01 Feb 2023

Project quantities

ICMS: Global Consistency in Presenting Construction Life Cycle Costs and Carbon Emissions, 3rd edition, November 2021, published by the ICMS (International Cost Management Standard) Coalition, defines project quantities as: ‘The physical quantities (numbers, lengths, areas, volumes and weights), functional quantities (capacities, inputs, outputs) and degree of repetition required to be captured in the Project Attributes and Values so the costs or carbon emissions of different projects or design schemes can be converted to a unit cost or carbon emission per the desired Project Quantity for evaluation and comparison. Both physical and functional quantities are required for each Project or Sub-Project.’

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