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Please use this identifier to cite or link to this item: http://dspace.vgtu.lt/handle/1/3644

Title: Promoting sustainability through investment in Building Information Modeling (BIM) technologies: a design company perspective
Authors: Reizgevičius, Marius
Ustinovičius, Leonas
Cibulskienė, Diana
Kutut, Vladislavas
Nazarko, Lukasz
Keywords: building information modeling
BIM
sustainability
sustainable design
return on investment
ROI
efficiency
BIM evolution
Issue Date: 2018
Publisher: MDPI AG
Citation: Reizgevičius, M.; Ustinovičius, L.; Cibulskienė, D.; Kutut, V.; Nazarko, L. 2018. Promoting sustainability through investment in Building Information Modeling (BIM) technologies: a design company perspective, Sustainability 10(3): 2–22
Series/Report no.: 10;3
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.
URI: http://dspace.vgtu.lt/handle/1/3644
ISSN: 2071-1050
Appears in Collections:Moksliniai straipsniai / Research articles

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