Exploiting the fusion between BIM and IoT : A study on available innovative technologies and their economic assessment for investment decision-making.
Term
4. term
Publication year
2017
Submitted on
2017-06-07
Pages
100
Abstract
This project is dedicated to the investigation of technological complementarities of Building Information Management (BIM) and Internet of Things (IoT). In this respect, several aspects of construction management were identified as being critical to project’s performance, thus having priority in being addressed: project planning, defects and health and safety. Three innovative technologies built on the digital workspace of Internet of Things were argued to represent viable solutions in mitigating risks and errors, therefore enhancing project’s performance within the chosen critical aspects: Drone Laser Scanning, Photogrammetry and RFID. Consequently, scenarios were created for the implementation process of these technologies within the BIM methodology, showing case of the incremental value brought to the construction project. The present project accounts for the reluctance of the decision makers in adopting these technologies, as a result of both the financial investment in hardware and software and the operational change within the current exiting business structure to accommodate new concepts and means of reporting. A cost benefit analysis is therefore conducted for the investment decision-making, which shows that even though the financial commitment is not modest, it will become profitable starting with the second year of operation at the most.
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