In this episode concentrating on Building Information Modelling (BIM), Ian takes a look at what this comprehensive and versatile data system has to offer to owners of building projects. He will cover the cost to owners, the problems that owners face, the benefits of BIM to owners, how it saves time and money, the return on BIM investment and the future of the building life cycle.
KEY TAKEAWAYS
- Poorly collated data and highly fragmented teams cost the real estate industry in the US 15.8 billion dollars annually, two-thirds of which is payable by the owners.
- Delays, cost overruns, disputes, and quality issues can all be mitigated substantially with a well-run BIM system. Using BIM empowers owners to improve the building quality, reduce building life cycle costs, better understand the design project, optimise operational efficiencies and increase occupancy and user rates.
- The return on BIM investment can be substantial. The return can be 3 to 5 times from direct investment.
BEST MOMENTS
‘The owners are getting impacted on the operational side. There will be an element of the owner being impacted on the design and construction phase, but the main impact will be the operations.’
‘30% of construction costs is rework. In other words, redoing things, or variations, or things that should have been sorted out at the very beginning.’
‘The big barrier for a lot of people implementing BIM is the cost of doing it properly upfront. It’s a common theme of how you need to invest properly in your building and your systems on how you put things together at the beginning.’
VALUABLE RESOURCES
ABOUT THE HOST
Ian Rogers is an entrepreneur running businesses in the Real Estate, Construction and Facilities Management arena. Ian has over 40 years’ industry experience, as he was effectively born into construction with his father having his own building company and Ian spending time working on sites from the age of 11!. As a result Ian has seen the industry from a trades person perspective, as a chartered quantity surveyor working on large commercial projects, as a project manager and then working on structured project finance through PFI/PPP deals. This has given Ian a unique whole life approach to any project by considering the end game at the beginning.
CONTACT METHOD
Hosted on Acast. See acast.com/privacy for more information.
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