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© 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

Cost overrun has remained a key risk of construction projects that can be prevented by utilizing new technologies. This paper aims to identify the gap in the literature, which can potentially be addressed by using digital tools and technologies, by reviewing the current and state of the art practices. The paper presents the results of a systematic and critical content reviews on cost overruns, to address the question of what factors are affecting the cost overrun. This paper also reviews how building information modeling (BIM) in conjunction with other tools, such as the common tools in the Asia and Asia Pacific regions, are used for cost estimation and monitoring. The paper presents the results of the content review, including their contributions and limitations, which are also used to set key directions for future investigations. A total of 176 papers was identified to develop the construction cost management (CCM) dataset. The method was a mix of systematic reviews, including co-authorship network analyses, co-occurrence analytical map development covering 5671 keywords, and content analysis including theme identification and a critical review of selected papers. The paper critically reviewed 63 selected papers from CCM, which are divided into four clusters based on their scopes: BIM adoption for cost estimation and quantity surveying; BIM implementation for a bill of quantity, risk paths, and cost overruns; cost control and management; and, finally, BIM, virtual design, and value management. A trend analysis using a set of 16 themes (e.g., 3D model, BIM, Decision, Energy, and Life Cycle) for all the papers over the past ten years was developed. The content of each cluster of papers was reviewed based on the frequency of the selected themes in each cluster. The content of each cluster of papers was also reviewed critically and gaps were identified, so a set of directions for future investigations are presented.

Details

Title
BIM and Digital Tools for State-of-the-Art Construction Cost Management
Author
Sepasgozar, Samad M E 1   VIAFID ORCID Logo  ; Costin, Aaron M 2   VIAFID ORCID Logo  ; Karimi, Reyhaneh 3   VIAFID ORCID Logo  ; Shirowzhan, Sara 1   VIAFID ORCID Logo  ; Abbasian, Ezatollah 4 ; Li, Jinyun 1 

 School of Built Environment, University of New South Wales, Sydney 2052, Australia; [email protected] (S.M.E.S.); [email protected] (J.L.) 
 College of Design, Construction, and Planning, University of Florida, Gainesville, FL 32611, USA; [email protected] 
 Department of Art and Architecture, University of Science and Culture, Tehran 1461968151, Iran; [email protected] 
 Department of Public Administration, Faculty of Management, University of Tehran, Tehran 1461968151, Iran; [email protected] 
First page
396
Publication year
2022
Publication date
2022
Publisher
MDPI AG
e-ISSN
20755309
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2652962789
Copyright
© 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.