Matipa, W M; Cunningham, P and Naik, B (2010) Assessing the impact of new rules of cost planning on building information model (BIM) schema pertinent to quantity surveying practice. In: Egbu, C (ed.) Proceedings of 26th Annual ARCOM Conference, 6-8 September 2010, Leeds, UK.
Abstract
Not until recently, the establishment of a whole life cycle budget for a constructed facility largely depended on the initiative of using the standard method of measurements (SMM) structural approach to the development of a cost or budget plan. This method, argues the RICS (2009), “created inconsistency in measurement and descriptions, resulting in the production of unclear basis for the estimates”. The constraints associated with traditional cost planning and estimating tend to be compounded by the complexity associated with the deployment of building information model (BIM) technology that is pertinent to the achievement of whole life cycle cost management of a constructed facility. This research is aimed at exploring the impact of the new rules of measurement on the building information model schema pertinent to the quantity surveying practice on construction based projects. The research presumes that even though the new rules of measurement are not mandatory, they are likely to influence cost planning and estimating practice because they have been developed with a view to setting “the best practice” in the development of cost plans. The likely impact could subsequently affect the current building information model schema for cost management.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | building information model; cost planning; quantity surveying; standard method of measurement |
| Index terms: | estimating, standard method of measurement, best practice, whole life cycle, cost planning, complexity, quantity surveying practice, surveying, cost management, estimate |
| Subjects: | financial and cost management, accounting and finance, financial management, systems engineering, sustainability assessment, business, profession, health monitoring assessment and metrics |
| Topics: | Health and Safety, Cost Management, Engineering Principles, Sustainability, Roles and Professions, Business Strategy |
| Descriptive scope: | 2 PC |
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