Quantifying BIM investment value: a systematic review
Artikel i vetenskaplig tidskrift, 2024
Design/methodology/approach – An in-depth examination of research patterns has been conducted to identify challenges in the assessment of the investment value and return on investment (ROI) for BIM in the construction industry. A total of 75 research articles were considered for the final literature review. An evaluation of the literature is conducted using a combination of bibliometric analysis and systematic reviews.
Findings – This study, which analysed 75 articles, unveils key findings in quantifying BIM benefits, primarily through ROI calculation. Two major research gaps are identified: the absence of a standardized BIM ROI method and insufficient exploration of intangible benefits. Research focus varies across phases, emphasizing design and construction integration and exploring post-construction phases. The study categorizes quantifiable factors, including productivity, changes and rework reduction, requests for information reduction, schedule efficiency, safety, environmental sustainability and operations and facility management. These findings offer vital insights for researchers and practitioners, enhancing understanding of ’BIM’s financial benefits and signalling areas for further exploration in construction.
Originality/value – The ’study’s outcomes offer the latest insights for researchers and practitioners to create effective approaches for quantifying ’BIM’s financial benefits. Additionally, the proposed research agenda aims to improve the current limited understanding of BIM feasibility and investment worth evaluation. Results of the study could assist practitioners in overcoming limitations associated with BIM investment and economic evaluations in the construction industry.
Construction
Investment value
Building information modelling (BIM)
Estimating
Value management
Författare
Lina Gharaibeh
Högskolan Väst
Kristina Eriksson
Högskolan Väst
Björn Lantz
Chalmers, Teknikens ekonomi och organisation, Innovation and R&D Management
Journal of Engineering, Design and Technology
1726-0531 (ISSN)
Ämneskategorier
Byggproduktion
Företagsekonomi
DOI
10.1108/JEDT-06-2023-0259