Content
1 Research Proposal : 1
1.1 Problem Statement: 1
1.2 Need of Study: 1
1.3 Introduction to BIM 1
1.4 Objectives: 2
1.4 Scope of the Study 2
1.5 Methodology: 3
1.6 RESEARCH PLAN: 3
2 Literature Review 4
2.1 Introduction 4
2.1.1 Introduction to BIM 4
2.1.1 Functions of BIM 4
2.1.2 Level of Details in BIM 5
2.1.3 BIM scenario 5
2.1.1 Challenges and Barriers to BIM Implementation 7
2.2 ROI of BIM 8
2.2.1 Defining Return on Investment 8
2.2.2 Building Information Modeling Return on Investment Analysis 8
2.2.3 Model for estimating BIM ROI 9
2.3 Cost of BIM 10
2.3.1 Tangible Cost of BIM ( data from Skanska Construction) 11
2.3.2 Investments from N on-BIM to BIM 11
2.3.3 Level of Value BIM Generates for Project Activities 12
2.3.4 Level of Value BIM Generates on Ten Performance Indicators 12
2.4 Factors affecting ROI 13
2.4.1 Impact of BIM on Project 13
2.4.2 Construction waste 19
2.4.3 Causes of Delay 24
2.5 Case Studies 26
2.5.1 Returns from Non-BIM to BIM 26
2.5.2 Returns from Non-BIM to BIM 26
2.5.3 PM interviews 26
2.5.4 Number of BIM-Discoverable Field-RFis on All Projects by lssue 27
2.5.5 Project A: BIM ROI 27
2.5.6 Project B: BIM ROI of Indirect Savings 28
2.5.7 Project C: BIM ROI 28
2.5.8 Project D: BIM ROI of Indirect Time Savings 29
2.5.9 Project E: BIM-Preventable Delay Days on 29
2.5.10 Project F: BIM ROI of Indirect Time Savings 31
2.5.11 Hightech : 31
2.6 Research Gap 32
2.7 Research Methodology 33
3 Data Collection & questionnaire 34
3.1 Formation of Questionnaire 34
3.2 Challenges in Construction and project management 34
3.3 Management 36
3.4 Responders categorisation 40
4 Data Analysis 41
4.1 Responders information 41
4.2 Reliability of Data 43
4.2.1 Validation of Challenges 43
4.2.2 Validation of Benefits 44
4.3 Relative Important Index Analysis 45
4.3.1 RII of Challenges in Construction and project Management .4 7
4.3.2 RII of Benefits of BIM in Construction and Project Management 49
4.3.3 Rank in group 52
4.4 Integration of Factors 54
5 A Structured Approach to calculate ROI of BIM 55
5.1 Comparison of Cost (softwares and IT) 55
5.2 Impact of Factors in Traditional Approach 57
5.3 Impact of Factors in BIM Enabled Approach 59
6 Validation of Approach: 65
6.1 Case Study 1: 65
6.1.1 Traditional workflow 66
6.1.2 BIM enabled Workflow 68
6.1.3 Comparison of Cost (softwares and IT) 70
6.1.4 Comparison of Traditional VS BIM enabled Approach 72
6.2 Case Study 2: 7 4
6.2.1 Traditional workflow 7 5
6.2.2 BIM enabled Workflow 77
6.2.3 Comparison of Cost (softwares and IT) 80
6.2.4' Comparison of Traditional VS BIM enabled Approach 82
7 Conclusion & Future Scope of Research 84
8 Web based Calculator to Calculate ROI of BIM 89
Bibliography 93
Annexure: 1
Responses 1