Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective
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sustainability-10-00600-v2.pdf (2.07 MB)
Date
2018-02-26
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MDPI
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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Citation
M. Reizgevičius, L. Ustinovičius, D. Cibulskiene, V. Kutut, L. Nazarko, Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective, "Sustainability" 2018, 10(3), 600