BIM business value for asset owners: Key issues and challenges

Munir, M; Kiviniemi, A; Jones, S and Finnegan, S (2021) BIM business value for asset owners: Key issues and challenges. International Journal of Building Pathology and Adaptation, 39(1), pp. 135-151. ISSN 23984708

Abstract

Purpose: There is a need to develop the understanding of asset owners concerning the constraints of building information modelling (BIM) implementation, and its subsequent value realisation activities in asset management (AM) cannot be overstated. This is because the life cycle cost of a built asset is three times more than construction costs and five times more than the initial investment outlays. Hence, this paper investigated and identified the key issues and challenges of realising BIM business value in AM. Design/methodology/approach: The study adopted an explorative and deductive approach. A qualitative four-stage research design strategy was adopted using 10 semi-structured interviews and document analysis to collect data. These were analysed through qualitative thematic analysis. Findings: The study identified 15 key barriers and classified them from the perspective BIM governance dimensions, namely people, process and technology. Furthermore, the study identified that more process-based challenges are experienced than people or technology. Of the identified challenges, three are people-related, eight are process-related and four are technology-related. Practical implications: The analysed results focussed on the development of the understanding of asset owners, policymakers and researchers regarding the complex challenges that hinder BIM utilisation and value realisation in AM. The findings of this paper support progress towards enhanced BIM adoption in the architecture, engineering and construction (AEC) industry by highlighting the significance of the identified challenges, their nature (people-, process- or technology-based) and the resultant effect on BIM business value realisation during asset operations. Originality/value: The original contribution of this study was the exploration and identification of the current challenges experienced by asset owners in implementing BIM during asset operations and how these affect the derivation of BIM business value.

Item Type: Article
Uncontrolled Keywords: asset management; barriers; building information modelling; challenges; value realisation management
Index terms: implementation, dimension, governance, building information modelling, document analysis, owner, construction cost, research design, thematic analysis, methodology, exploration, built asset, interview, life cycle cost, asset management, strategy
Subjects: data science, contractual arrangements, financial and cost management, health monitoring assessment and metrics, environmental resource management, data collection methods, business, research design and methodology, information systems, sociology, asset management, methods and analysis, management, research methods
Topics: Digital Applications, Stakeholder Management, Procurement, Governance, Sustainability, Business Strategy, Cost Management, Health and Safety, Research Practice
Descriptive scope: 5 PCTEA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here