From Collaborative BIM to Value-Driven Asset Management: A Case Study

Abstract

As indicated by various researches, the most important benefits of BIM will be for the management of the building assets. Inefficiencies in current data collection and management processes have a significant economic impact, as O&M activities represent a particularly large portion of lifecycle costs. The current practice of manual data collection and acquisition is time-consuming, costly, and error-prone. Lack of awareness of the potential benefits of BIM for O&M and the inadequacy of industry tools are among the main reasons for its slow adoption. PAS 1992 initiative in UK has led to the ISO 19650 standard to frame the successful transfer from project to asset management. However, this standard, while proposing a framework to create a common data environment, does not address many issues related to highly fragmented process of planning, designing, delivering and managing the building assets. Another standard mainly adopted by other industries for the management of their assets. ISO 55000 could provide a refreshing perspective to rethink the industry business model. This collaborative action research explores a small enterprise journey to implement a value-driven asset management. Specialized in spas, a very competitive market, this enterprise has adopted a quite innovative approach to get the best value for money for their projects’ portfolio. The research contributes to a better understanding of moving toward a common data environment through the building asset lifecycle, taking a business model perspective.