This professional statement applies to all RICS members involved with the sale, letting, leasing and management of real estate, whatever the form of tenure by which it is held or occupied.
This guidance note is also intended to assist the parties themselves, and those acting for them, by making them aware of the procedures likely to be followed and issues involved:
This professional statement applies to the management of both commercial and residential real estate.
This global adaptation defines cash flow forecasting, before giving guidance on producing a useful forecast, explaining how to use it to assess progress on site, and analyse actual expenditure against forecast expenditure.
This guidance note should be used as a source of reference for quantity surveyors (QS) or cost managers when BIM has been implemented in the life cycle of a project.
This guidance provides a summary of the purpose and process of both cost analysis and construction project benchmarking.
Focusing on the fundamental question of why projects fail, this guidance outlines some of the most commonly occurring reasons for failure and offers practical solutions in the context of applying the lessons learned.
RICS guidance note on Environmental Risks and Global Real Estate - 1st edition, published November 2018.