Cost Efficiency of Building Information Modeling use at the Stage of Real Estate Object Maintenance

Abstract

Formation of the digital economy is the main direction of many countries’ development and the trend of the whole world’s economic development. According to research results, a low level of digitalization in the construction industry is noted. The construction industry is a significant part of the world economy. Construction makes up 13% of the world’s GDP. Such scales of the industry allow us to conclude that its digitalization can bring considerable results. The basis of digitalization in construction is the application of building information modeling (BIM) at all stages of a real estate object life cycle. This research is devoted to studying the conditions and methods of the assessment of cost efficiency of BIM application at the real estate object maintenance stage. The method of calculation of the managing company savings from the application of an information model during real estate object maintenance is offered as the result of the research. The author analyzed various models of maintenance performance for the specification of the offered calculation procedure. The main direction of receiving the budget funds economy in a managing company is the reduction of time spent on the corresponding works and, respectively, the reduction of financial expenses connected with the compensation. Also, BIM application during construction leads to a decrease in the number of breakages of the engineering equipment at the maintenance stage. This means that the economy of material inputs will take place.

Keywords

• building information modeling
• construction
• cost reduction
• maintenance
• managing company