The Application and Value Assessment of Bim Technology in the Full Lifecycle Management of Construction Project

This research investigates the application and value assessment of Building Information Modeling (BIM) technology in

the full lifecycle management of construction projects. The study quantitatively evaluates BIM’s impact on project cost,

time, and quality across residential, commercial, industrial, and mixed-use sectors. Findings reveal significant cost

reductions, with residential projects achieving a 9.6% decrease, commercial projects 12%, and industrial projects

16.67%. BIM also led to substantial time savings, reducing project durations by 12.5% for residential, 13.33% for

commercial, and 16.67% for industrial projects. Quality improvements were observed with error rates decreasing by

33.33% in residential, 40% in commercial, and 35.71% in industrial projects. Despite these benefits, challenges such as

high initial investment costs (42%), lack of skilled professionals (33%), and integration issues (25%) were identified. The

study underscores the importance of overcoming these barriers through training and investment to fully harness BIM’s

potential in enhancing construction project management.