Enhancing value management with building information modelling in construction industry

Lua, Xin Chun (2024) Enhancing value management with building information modelling in construction industry. Final Year Project, UTAR.

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Abstract

The construction industry is crucial for driving economic and supporting social stability growth in the Malaysian economy. Currently, the industry often encounters challenges such as substandard quality, ineffective communication, cost overruns and project delays. These problems are becoming increasingly common and have a significant impact on construction projects. Value management (VM) is considered as a key strategy to address these issues, while Building Information Modelling (BIM) is one of the most effective and accurate media for obtaining basic and specific project data required for the VM process. However, the previous studies mainly focused on the use and impact of BIM and VM respectively. Hence, this research aims to examine the enhancement of VM with BIM in the construction project. The objectives are to identify the advantages incurred from the enhancement of VM with BIM, to investigate the barriers to using BIM to enhance VM and to propose strategies to disseminate the use of BIM to enhance VM. This study adopted a quantitative research method using a questionnaire survey with the participation of 132 construction practitioners with experience in VM or BIM. Thirteen advantages, eight barriers, and seven strategies for enhancing VM with BIM were reviewed from the literature. The survey revealed that the top 3 most recognised advantages include better choices and optimized project outcomes, improved collaboration and communication among project stakeholders, and improved work productivity and quality. Meanwhile, the 3 primary barriers that undermine the enhancement of VM with BIM are high implementation costs, industry resistance to process change and lack of skill and training. It is also found that the respondents who work for property development companies and large-sized firms are more inclined to acknowledge the barriers that hinder the enhancement of VM with BIM. Additionally, the three most effective strategies to enhance VM with BIM are providing professional training and promotion plans, establishing a start-up funding mechanism, and including VM clauses and BIM in contracts. A strong correlation is found between the high cost of implementation and establishing a start-up funding mechanism, as well as lack of standardization and standardized BIM implementation process, while there is an inverse relationship between cooperation with educational institutions and industry resistance to process change, as well as the establishment of a start-up funding and lack of interoperability and data exchange. This study concluded that there is a room to improve the adoption of VM with BIM in the construction industry, by leveraging different strategies.

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