scholarly journals Benefit-Cost Analysis of Building Information Modeling (BIM) in a Railway Site

2018 ◽  
Author(s):  
Min Ho Shin ◽  
Hye Kyung Lee ◽  
Hwan Yong Kim
Keyword(s):  
Construction Industry ◽  
Building Information Modeling ◽  
Information Modeling ◽  
Cost Ratio ◽  
Benefit Cost Analysis ◽  
Benefit Cost Ratio ◽  
Building Information ◽  
Planning And Construction ◽  
Benefit Cost ◽  
Technological Improvements

Recent technological improvements have made abundant changes in construction industry. In specific, some technical applications, such as Building Information Modeling (BIM) opens up many possibilities. Some studies have articulated the use of BIM and its advantages in construction, but most of them are theoretical, not practical. This study is to provide an insight to such obstacles in BIM research. By investigating a real project that could utilize BIM in planning and construction phases, the authors try to investigate a possible outline of advantages in BIM implementation. The study area was set to a railway construction site in South Korea. The site covers a multiple railway tracks, stations, telecommunication facilities, infrastructure facilities, railway structures, and so numerous. In the site, the authors have identified 12 errors in 7 projects that could be prevented if BIM was utilized before the construction. The total upfront costs required to provide a BIM for 7 projects were $116,348. On the other hand, the total costs required to fix the errors in 7 projects were $166,486. This can be regarded as the benefits of using BIM because if BIM was implemented then the associated errors are easily replaced. Therefore, the benefit-cost ratio can be estimated as 1.32 for one-month delay and 1.36 for a three-month delay.

scholarly journals Benefit–Cost Analysis of Building Information Modeling (BIM) in a Railway Site

2018 ◽  
Vol 10 (11) ◽  
pp. 4303 ◽  
Author(s):  
Min Shin ◽  
Hye Lee ◽  
Hwan Kim
Keyword(s):  
Construction Industry ◽  
Building Information Modeling ◽  
Information Modeling ◽  
Cost Ratio ◽  
Benefit Cost Analysis ◽  
Benefit Cost Ratio ◽  
Building Information ◽  
Planning And Construction ◽  
Benefit Cost ◽  
Technological Improvements

Recent technological improvements have made substantial changes in construction industry. In specific, some technical applications, such as Building Information Modeling (BIM), open up many possibilities. Some studies have articulated the use of BIM and its advantages in construction, but most of them are theoretical, not practical. This study is to provide an insight to obstacles in BIM research. By investigating a real project that could utilize BIM in planning and construction phases, the authors try to investigate a possible outline of advantages in BIM implementation. The study area was set to a railway construction site in South Korea. The site covers multiple railway tracks, stations, telecommunication facilities, infrastructure facilities, railway structures, and so on. In the site, the authors have identified 12 errors in 7 projects that could be prevented if BIM was utilized before the construction. The total upfront costs required to provide a BIM for the seven projects was $116,348. On the other hand, the total costs required to fix the errors in the seven projects was $166,486. This can be regarded as the benefit of using BIM, because if BIM was implemented then the associated errors could easily be replaced. Therefore, the benefit–cost ratio can be estimated as 1.32 for one-month delay and 1.36 for a three-month delay.

scholarly journals APPLICATION OF BUILDING INFORMATION MODELLING (BIM) IN A RESIDENTIAL PROJECT IN INDIA: BENEFIT-COST ANALYSIS

2021 ◽  
Vol 8 (7) ◽  
pp. 1-18
Author(s):  
Harshil Thakkar ◽  
Bhishma Pandya ◽  
Mihir Rabadiya ◽  
Rakesh Prajapati ◽  
Dhwani Thakkar
Keyword(s):  
Construction Industry ◽  
Cost Ratio ◽  
Building Information Modelling ◽  
Benefit Cost Analysis ◽  
Building Information ◽  
Facility Manager ◽  
Collaboration Process ◽  
The Cost ◽  
Benefit Cost

Building information (BIM) is becoming a better-known collaboration process in our construction industry. BIM is a systematic process that amalgamates all the other geometric computer-generated models, or data that creates simulations that can be used for the project manager, owners, facility manager or other parties to look after the project and deliver the project more efficiently. The implementation of BIM in India is still at a nascent stage due to a lack of knowledge of the advantages of BIM. Moreover, there have been only a few case studies conducted in India about BIM; therefore, the principal agenda of this study is to enlighten the readers about the benefits accrued if BIM is applied, in the residential project, before the construction. Hence, the authors had taken a residential project located in Gujarat, India, for a case study. The 3D and 4D models of the project were generated; 8 errors were identified that could have been detected before construction if BIM had been applied. The cost needed to make a BIM model was ₹ 171,050. Whereas, the amount that could have been saved if BIM was implemented beforehand was discovered as ₹ 246,773. Consequently, the benefits to cost ratio for two weeks in delay was determined as 1.44. It can be as the benefit of BIM for construction.

Applications of Building Information Modeling in Cost Estimation of Infrastructure Bridges

2012 ◽  
Vol 1 (2) ◽  
pp. 17-29 ◽  
Author(s):  
Mohamed Marzouk ◽  
Mohamed Hisham
Keyword(s):  
Construction Industry ◽  
Cash Flow ◽  
Cost Estimation ◽  
Building Information Modeling ◽  
Cost Estimate ◽  
Information Modeling ◽  
Bridge Engineering ◽  
C Language ◽  
Building Information ◽  
Bridge Information Modeling

Bridge Information Modeling (BrIM) is considered an innovation in bridge engineering and construction industry. This paper presents a methodology for using BrIM as an assisting tool in performing detailed cost estimates. The methodology depends on integrating visualization feature of BrIM with specific attributes of the BrIM model intelligent components. A program developed using C# language is used to extract the visualization conclusions and other components’ attributes to MS Excel spreadsheet. This sheet assists in performing detailed cost estimate, and reviewing the estimate. The paper also presents a methodology for generating cash flow and required payments. This methodology depends on integrating the developed program with 4D feature of BrIM.

Strategies in Using Building Information Modeling (BIM) to Solve Problems in Project Management of Chinese Construction Enterprises

2014 ◽  
Vol 501-504 ◽  
pp. 2700-2705 ◽  
Author(s):  
Li Shen ◽  
Ya Xing Lin
Keyword(s):  
Project Management ◽  
Construction Industry ◽  
Building Information Modeling ◽  
Information Modeling ◽  
Construction Enterprises ◽  
Building Information

The application of Building Information Modeling has become a trend in construction industry, it is our duty to accelerate BIM application in recent years. Firstly, the paper generally introduced the concepts and characteristics of BIM, and pointed out the problems that existed in Chinas Project Management of Construction Enterprises, and theoretically, technically discussed the solutions to these issues with BIM technology in a qualitative way. At last, the paper proposed some suggestions and outlooks for the development and promotion of BIM technology in China.

A Benefit-Cost Analysis of the Kings County District Attorney's Office Drug Treatment Alternative to Prison (DTAP) Program

2005 ◽  
Vol 7 (1) ◽  
pp. 1-25 ◽  
Author(s):  
Gary A. Zarkin ◽  
Laura J. Dunlap ◽  
Steven Belenko ◽  
Paul A. Dynia
Keyword(s):  
Criminal Justice ◽  
Drug Treatment ◽  
Cost Ratio ◽  
Treatment Alternative ◽  
Drug Offenders ◽  
Benefit Cost Analysis ◽  
Kings County ◽  
Benefit Cost Ratio ◽  
Justice Process ◽  
Benefit Cost

In October 1990, the Kings County (Brooklyn, NY) District Attorney's Office implemented the Drug Treatment Alternative to Prison (DTAP) program to divert nonviolent felony drug offenders from prison to community-based residential drug treatment. This article presents an estimate of the costs and benefits of the DTAP program based on a cohort of DTAP participants and prison comparisons who entered treatment or prison in 1995–1996 and were tracked for 6 years. The analysis focuses on the criminal justice system (CJS) costs associated with criminal recidivism. Findings show that the DTAP program is cost-beneficial compared to the usual criminal justice process (benefit-cost ratio equals 2.17 after 6 years).

scholarly journals Application of 4D BIM in Construction Industry: Challenges and Suggestions

2021 ◽  
Vol 9 (8) ◽  
pp. 3070-3073
Author(s):  
Sagar V. Mundhokar
Keyword(s):  
Work Environment ◽  
Construction Industry ◽  
Information Technologies ◽  
Building Information Modeling ◽  
Collaborative Work ◽  
Information Modeling ◽  
Delivery Performance ◽  
Collaboration Environment ◽  
Building Information

Abstract: Construction industry is believed to be one of the most criticized industries worldwide. During the last two decades, this criticism has denoted a lot of problems. Without disregarding any of the industry problems, it seems that the most criticized problems are low delivery performance, lack of innovation, lack of collaboration and fragmented nature of the industry. To overcome these problems, a collaborative work environment is needed. During the last few years, the use of advanced information technologies in construction hasincreased to support the industry requirement of collaboration environment. Keywords: Building Information Modeling BIM, BIMimplementation, BIM Barriers

scholarly journals Initial Study on Building Information Modeling Adoption Urgency for Architecture Engineering and Construction Industry in Indonesia

2018 ◽  
Vol 147 ◽  
pp. 06002
Author(s):  
Fauzan Alfi Agirachman ◽  
Ilham Fajar Putra ◽  
Adam Angkawijaya
Keyword(s):  
Construction Industry ◽  
Building Information Modeling ◽  
Initial Study ◽  
Qualitative Approach ◽  
Information Modeling ◽  
Distribution Analysis ◽  
Analysis Method ◽  
Building Information ◽  
Key Factor ◽  
Aec Industry

This paper presents our initial study on Building Information Modeling (BIM) adoption urgency for architecture, engineering and construction (AEC) industry in Indonesia. Currently, BIM is being adopted by many countries around the world because of its’ efficiency and other benefits. Meanwhile, most of AEC industries in Indonesia still using the conventional method and there are no regulations from Indonesian AEC authority for adopting BIM. With that situation, a study of BIM adoption in Indonesian AEC industries is important. This study uses a qualitative approach with explorative type. Input from the survey is evaluated qualitatively using content analysis, distribution analysis and correspondence analysis method. Based on analysis result, it shows that BIM as a mean to encourage a more sustainable approach in AEC industry is still in its development phase but it shows great potentials and it gives stakeholders a better way to achieve sustainable built environment. Current lack of awareness and understanding of BIM in Indonesia, particularly in the education sector, is a key factor that impedes BIM adoption and one that can be addressed by integrating BIM into AEC curriculum. Government and practitioners alike need to develop a strategic roadmap to pave way for successful BIM implementation.

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