Integrated applications of building information modeling in project cost management: a systematic review

M. Farouk, Abdelrahman and Rahimi, A. Rahman (2023) Integrated applications of building information modeling in project cost management: a systematic review. Journal of Engineering, Design and Technology, AoP. pp. 181-199. ISSN 1726-0531. (Published)

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Abstract

Purpose – Implementing building information modeling (BIM) in construction projects offers many benefits. However, the use of BIM in project cost management is still limited. This study aims to review the current trends in the application of BIM in project cost management. Design/methodology/approach – This study systematically reviews the literature on the application of BIM in project cost management. A total of 46 related articles were identified and analyzed using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses method. Findings – Eighteen approaches to applying BIM in project cost management were identified. The approaches can be grouped into cost control and cost estimation. Also, BIM can be applied independently or integrated with other techniques. The integrated approaches for cost control include integration with genetic algorithms, Monte Carlo simulation, lean construction, integrated project delivery, neural network and value engineering. On the contrary, integrated approaches for cost estimation include integration with cost-plus pricing, discrepancy analysis, construction progress curves, estimation standards, algorithms, declarative mappings, life cycle sustainability assessment, ontology, Web-based frameworks and structured query language. Originality/value – To the best of the authors’ knowledge, this study is the first to systematically review prior literature on the application of BIM in project cost management. As a result, the study provides a comprehensive understanding of the current state of the art and fills the literature gap. Researchers and industry professionals can use the study findings to increase the benefits of implementing BIM in construction projects.

Item Type: Article
Uncontrolled Keywords: Building information modeling (BIM); Systematic review; Cost estimation; Cost control; Project cost management
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
T Technology > TA Engineering (General). Civil engineering (General)
Faculty/Division: Institute of Postgraduate Studies
Faculty of Civil Engineering Technology
Depositing User: Ms. Ratna Wilis Haryati Mustapa
Date Deposited: 04 Jul 2023 03:34
Last Modified: 04 Jul 2023 03:34
URI: http://umpir.ump.edu.my/id/eprint/37904
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