Effectiveness of using BIM in construction: comparative analysis and evaluation methodology

Abstract

The paper focuses on investigating methods to improve the integration of Building Information Modeling (BIM) in the construction sector with the aim of enhancing the efficiency of executing investment and construction projects. The relevance is caused by the complexity of calculating the economic effect in the short-term planning period when implementing investment and construction projects using BIM and, accordingly, the lack of methods for economic justification of the need and possibility of using BIM at the design and construction stages. The study aims to compare modern software products and establish a methodology for evaluating the effectiveness of utilizing BIM in investment and construction projects (ICP). This methodology will facilitate conducting an economic analysis to justify the integration of these technologies in project implementation. The study concluded with an examination of global implementation practices, identification of challenges in BIM utilization, a survey of software alternatives, and an assessment of current approaches for economically justifying the adoption of BIM throughout various stages of the ICP life cycle. The research is based on systemic, process and situational approaches, methods of comparative and factor analysis, as well as methods of economic-mathematical and graphical modeling.