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Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective

Author

Listed:
  • Marius Reizgevičius

    (Department of Construction Management and Real Estate, Vilnius Gediminas Technical University; 11 Saulėtekio al., 10223 Vilnius, Lithuania
    Siauliai University, 88 Vilnius Street, 76285 Šiauliai, Lithuania)

  • Leonas Ustinovičius

    (Faculty of Engineering Management, Bialystok University of Technology; 45A Wiejska Street, 15-351 Bialystok, Poland)

  • Diana Cibulskienė

    (Siauliai University, 88 Vilnius Street, 76285 Šiauliai, Lithuania)

  • Vladislavas Kutut

    (Department of Construction Management and Real Estate, Vilnius Gediminas Technical University; 11 Saulėtekio al., 10223 Vilnius, Lithuania)

  • Lukasz Nazarko

    (Faculty of Engineering Management, Bialystok University of Technology; 45A Wiejska Street, 15-351 Bialystok, Poland)

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.

Suggested Citation

  • Marius Reizgevičius & Leonas Ustinovičius & Diana Cibulskienė & Vladislavas Kutut & Lukasz Nazarko, 2018. "Promoting Sustainability through Investment in Building Information Modeling (BIM) Technologies: A Design Company Perspective," Sustainability, MDPI, vol. 10(3), pages 1-22, February.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:3:p:600-:d:133501
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    Citations

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    Cited by:

    1. Artur Czech & Jerzy Lewczuk & Leonas Ustinovichius & Robertas Kontrimovičius, 2022. "Multi-Criteria Assessment of Transport Sustainability in Chosen European Union Countries: A Dynamic Approach," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    2. Zezhou Wu & Changhong Chen & Yuzhu Cai & Chen Lu & Hao Wang & Tao Yu, 2019. "BIM-Based Visualization Research in the Construction Industry: A Network Analysis," IJERPH, MDPI, vol. 16(18), pages 1-13, September.
    3. Paulína Šujanová & Monika Rychtáriková & Tiago Sotto Mayor & Affan Hyder, 2019. "A Healthy, Energy-Efficient and Comfortable Indoor Environment, a Review," Energies, MDPI, vol. 12(8), pages 1-37, April.
    4. Liang Ma & Yun Le & Hongyang Li & Ruoyu Jin & Poorang Piroozfar & Mingqiang Liu, 2018. "Regional Comparisons of Contemporary Construction Industry Sustainable Concepts in the Chinese Context," Sustainability, MDPI, vol. 10(11), pages 1-17, October.
    5. Roberta Carvalho Machado & Henor Artur de Souza & Gustavo De Souza Veríssimo, 2018. "Analysis of Guidelines and Identification of Characteristics Influencing the Deconstruction Potential of Buildings," Sustainability, MDPI, vol. 10(8), pages 1-20, July.
    6. Ashwag Madkhali & Seedwell T. M. Sithole, 2023. "Exploring the Role of Information Technology in Supporting Sustainability Efforts in Saudi Arabia," Sustainability, MDPI, vol. 15(16), pages 1-20, August.
    7. Edmundas Kazimieras Zavadskas & Jonas Šaparauskas & Jurgita Antucheviciene, 2018. "Sustainability in Construction Engineering," Sustainability, MDPI, vol. 10(7), pages 1-7, June.
    8. Haiyun Cao & Minghao Huang, 2023. "Building Information Modeling Technology Capabilities: Operationalizing the Multidimensional Construct," Sustainability, MDPI, vol. 15(20), pages 1-18, October.
    9. Min Ho Shin & Hye Kyung Lee & Hwan Yong Kim, 2018. "Benefit–Cost Analysis of Building Information Modeling (BIM) in a Railway Site," Sustainability, MDPI, vol. 10(11), pages 1-10, November.
    10. Majed Alinizzi & Husnain Haider & Meshal Almoshaogeh & Fawaz Alharbi & Saleh M. Alogla & Gamal A. Al-Saadi, 2020. "Sustainability Assessment of Construction Technologies for Large Pipelines on Urban Highways: Scenario Analysis using Fuzzy QFD," Sustainability, MDPI, vol. 12(7), pages 1-20, March.
    11. Yin Rui & Lim Yaik Wah, 2018. "BIM in Precast Construction: A Case Study of Highrise Residential Building," Journal of ICT, Design, Engineering and Technological Science, Juhriyansyah Dalle, vol. 2(1), pages 10-15.

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