BIM technologies' effect on transformation of a property life cycle

Abstract

Property life cycle management is exposed to greater changes under impact of new BIM technologies and increasing demand for environmental approach. Many new technologies which BIM comprises, such as laser scanning, augmented reality, automate construction, distant access, renewable energy sources, affect management issues of project management leading to higher efficiency and environment protection via using greater cost predictability, improved schedule, optimized design, better coordination, and reduced energy and water consumption. Property life cycle management using BIM methods has priority over traditional management approach at each project stage, which generally leads to the extension of the life cycle and the construction of buildings with more environmentally friendly characteristics. The BIM management process affects all project parties. The article offers a special table which indicates changes for each participant: investor, developer, bank, designer, construction contractor, broker, tenant, project team, and re-conception team. Despite some controversial issues, like high costs and advanced skills of project participants, BIM management will be used by more developers, bringing economical and environmental efficiency for prolonged property life cycle.