Analysis of the Adoption Rate of Building Information Modeling [BIM] and its Return on Investment [ROI]

Walasek, Dariusz; Barszcz, Arkadiusz

doi:10.1016/j.proeng.2017.02.144

Cited by 95 publications

(57 citation statements)

References 11 publications

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“…Works [49][50][51][52] describe the benefits from BIM implementation in the qualitative terms. Some papers based on statistics on establish ROI in quantitative terms [45,48]. These studies conclude that short-term and small contracts may benefit from BIM in some qualitative aspects, but monetary savings related to BIM implementation were relatively low.…”

Section: Research On Economic Effects Of Bim-based Designmentioning

confidence: 95%

“…These studies conclude that short-term and small contracts may benefit from BIM in some qualitative aspects, but monetary savings related to BIM implementation were relatively low. The analysis of ROI also indicated that the design costs would rise if they were to operate with BIM [45]. It is an understandable result of more workload imposed on designer(s) by BIM in the initial project phases.…”

Section: Research On Economic Effects Of Bim-based Designmentioning

confidence: 98%

“…TEI model, used by CIFE, is to evaluate the impacts of the Virtual Design and Construction (VDC) and to calculate the payback time. Azhar's [44] research indicates that BIM technology return on investment (ROI) may be much higher than traditional construction projects without BIM showing potential economic benefits [45].…”

Section: Research On Economic Effects Of Bim-based Designmentioning

confidence: 99%

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Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective

et al. 2018

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Abstract:The aim of this article is to enhance the understanding of how design companies perceive the benefits of Building Information Modeling (BIM) technologies application. BIM is recognized in the literature as a (potentially) powerful driver leading the construction sector towards sustainability. However, for design companies, the choice to invest in BIM technologies is basically an economic one. Specifically, a design company assesses economic benefits and efficiency improvements thanks to the application of BIM technologies. The article discusses the return on investments (ROI) in BIM technologies and reviews ROI calculation methodologies proposed by other authors. In order to evaluate BIM return on investment correctly practical ROI calculations are carried out. Appropriate methods, together with the relevant variables for ROI calculation, are developed. The study allows for adjusting the calculation method making it more accurate and understandable using the Autodesk Revit based ROI calculation of the first year.

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Section: Research On Economic Effects Of Bim-based Designmentioning

confidence: 95%

Section: Research On Economic Effects Of Bim-based Designmentioning

confidence: 98%

Section: Research On Economic Effects Of Bim-based Designmentioning

confidence: 99%

See 1 more Smart Citation

Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective

et al. 2018

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“…Many scholars focus on the use of individual point of view, particularly the individual psychological identity, on the use of BIM technology. From the technical adoption level, based on BIM technology adoption and BIM technology application benefits, Walasek (2017) conducted research and analysis through the Polish construction practitioners' survey to find the key factors that affect BIM technology adoption and summarize the solutions [50]. In China, Zheng (2016) proposed a new model by improving the UTAUT (Unified Theory of Acceptance and Use of Technology) model and examined the influencing factors of BIM technology adoption, analyzed the questionnaire, and concluded that perceived usefulness and task technology matching are the main influencing factors for the adoption of BIM technology [51].…”

Section: Bim Application Behaviormentioning

confidence: 99%

Understanding the Relation between BIM Application Behavior and Sustainable Construction: A Case Study in China

2019

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Building information modeling (BIM) is based on 3D models for collaborative management of information, which leads the innovative development of information transformation in the construction industry. In recent years, sustainable construction has become a hot topic in construction research. With the concept of sustainable development, this type of construction advocates for the sustainable optimization of construction models and processes. A person’s good behavior can bring enormous potential, which is critical for the promotion of new technology in new areas. Nowadays, the integration of BIM technology and sustainable construction has increasingly attracted attention in the industry of construction. But many issues and gaps still exist when using them. The aim of this study is to investigate the intrinsic relationship between BIM application and sustainable construction from the perspective of user application behavior, and to reveal the key influential factors of BIM application behavior in order to improve the application efficiency of BIM in sustainable construction. Specifically, the present study builds a theoretical model by integrating the theory of planned behavior and BIM application. Based on a questionnaire survey of 353 BIM users, we conducted an empirical analysis using the structural equation model method. The results showed that the perceived usefulness and ease of use of BIM technology are the key influential factors in behavior attitude. BIM behavior intention, actual behavior, and behavior attitude have a positive effect on sustainable construction. Ultimately, practical support is provided for the effective integration of BIM with sustainable construction in China.

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“…No research has attempted to explore how to apply BIM to multiple stages of a construction project to maximize project benefits and water efficiency. Other researches also point out four main factors hindering the application of BIM in green building: Technical (poor adaptability of BIM technology, high technical difficulty and BIM software is still in progress) [12,31,35,36]; human (lack of BIM talent, lack of the structure of knowledge and ability, and rely on traditional methods) [20,27]; economic (high short-term cost, long payback period, and untapped BIM market) [16,37,38]; management (difficulties in managing change and business process transformation, and low acceptance in management) [15,37]. To better guide BIM's application for water efficiency and clear further related research, it is necessary to analyze BIM's advantages in water efficiency and development obstacles.…”

Section: Bim's Potential For Water Efficiencymentioning

confidence: 99%

A Building Information Modelling (BIM) based Water Efficiency (BWe) Framework for Sustainable Building Design and Construction Management

et al. 2019

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There is a lack of decision-making tools for water efficiency design and construction to maximize project benefits and water conservation. An increasing number of research studies indicate that building information modelling (BIM) can enhance the cooperation, improve work efficiency, and conduct simulation and analysis of sustainability performance in building projects. However, BIM’s potential to enhance water efficiency is yet to be established, such as water gird design optimization, clash detection, combination of BIM with smart appliances and sensors. The research adopted a mixed method approach to investigate the potential impact of BIM on water efficiency in building projects. It involved 50 practitioners from the Architectural, Engineering and Construction (AEC) industry through a questionnaire survey and the follow-up interviews. The quantitative results of questionnaire data and qualitative results of interviews were used to develop a “BIM-based Water Efficiency (BWe) Framework” which was subsequently validated by five experienced practitioners and researchers in the form of semi-structured interviews. The framework applies BIM to optimize traditional water efficiency measures based on an information database. The geometry, attributes, status information of building components or non-component objects stored in the database greatly improve information integration degree of construction engineering. This study provided a reference for the use of BIM for water conservation in building design and construction.

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Analysis of the Adoption Rate of Building Information Modeling [BIM] and its Return on Investment [ROI]

Cited by 95 publications

References 11 publications

Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective

Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective

Understanding the Relation between BIM Application Behavior and Sustainable Construction: A Case Study in China

A Building Information Modelling (BIM) based Water Efficiency (BWe) Framework for Sustainable Building Design and Construction Management

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