Research on Cost and Benefit of BIM Application for Construction Enterprises in China

Zhenwen Su, Shang Zhang () and Xiang Ma
Additional contact information
Zhenwen Su: Suzhou University of Science and Technology
Shang Zhang: Suzhou University of Science and Technology
Xiang Ma: Suzhou Gold Mantis Construction Decoration Co. Ltd

A chapter in Proceedings of the 25th International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 1087-1097 from Springer

Abstract: Abstract Building Information Modelling (BIM) was considered as an effective management tool in improving construction project performance. However, the research into the investment and return on BIM application in the context of the Chinese construction industry is still very limited. Through literature review, the cost factors and benefit indicators of BIM application in construction enterprises were identified, and an evaluation framework of BIM application cost and benefit for the construction enterprises was developed. The questionnaire survey was conducted with 37 BIM professionals to determine the critical cost factors and benefit indicators of BIM application in construction enterprises through the relative importance index (RII) approach. The results indicate that personnel salary (0.707), hardware cost associated with BIM software operation (0.680) and consulting service fee (0.647) are critical cost factors for BIM application, whereas reduction of change (0.847), improvement of design quality (0.847), and reduction of project rework (0.820) are critical benefit indicators for BIM application. The research results provide a theoretical basis for construction enterprises to formulate BIM development strategies.

Keywords: Construction enterprise; BIM application; Cost; Benefit; Evaluation indicator system (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-3587-8_72

Ordering information: This item can be ordered from
http://www.springer.com/9789811635878

DOI: 10.1007/978-981-16-3587-8_72

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().