Pre-Manufactured Value (PMV) Estimator | Toolkit

Understanding Pre- manufactured value

To better understand PMV watch the short explanatory video below. Learn about why we believe PMV is a strong proxy measure for industry improvement whilst also being a project control mechanism that can guide the development process from client brief formulation through to project handover.

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Pre-Manufactured Value (PMV) Estimator

PMV can be estimated using an assessment of the cost of materials and manufactured components relative to on site labour, supervision, plant, logistics and other site organisational measures.

What is Pre-Manufactured Value (PMV)?

Pre-Manufactured Value (PMV %) is the financial proportion of a construction project’s Gross Construction Cost derived through pre-manufacturing.

Understanding Pre-Manufactured Value

Pre-Manufactured Value is a means of measuring industry improvement through a direct link to the physical way in which a building is constructed. It is effectively a scoring mechanism for enabling Design for Manufacture & Assembly (DfMA).

What Are The Sector Benefits Of Higher PMV?

The benefits of increasing PMV are:

Predictability of outcome
Productivity improvement and waste reduction (labour, plant and materials) and related embodied carbon
Quality & performance (including operational carbon)
On site delivery speed and site overheads
Transactional costs
Community disruption
Site health and safety risk

Useful Links

The government and the industry's experts have outlined detailed information on MMC and the tools needed to drive the economy and the future of construction. Follow the links below for more information.

PMV Technical Manual

Read further for in depth details on how PMV is implemented and what sets Cast apart in driving the industry forward via Modern Methods of Construction.

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Government MMC Framework

Launched by the UK government and developed by Cast, find out why MMC has been instrumental in response to the UK housing crisis.

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Construction Sector Deal

Working with the Construction Leadership Council (CLC) and other highly skilled workforces, the UK government launched a strategy to boost the economy and to develop the construction industry. Visit below to unpack this strategy.

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RICS MMC Policy Position

Discover why The Royal Institution of Chartered Surveyors urged the government to explore MMC via their Policy Position Paper.

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The Farmer Review

CEO of Cast Consultancy, Mark Farmer wrote a comprehensive review highlighting the changes needed within the industry and how the reduction of on-site labour adds value for clients and construction firms. Read the full review.

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Learn more about PMV

For more in depth knowledge on PMV and its performance benefits across the industry, read further.

What is PMV?

The Category framework

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