Building Information Modeling : value for real estate developers and owners

Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Architecture, 2007.

Bibliographic Details
Main Author: Clason, John C. (John Charles)
Other Authors: Sarah Slaughter.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2008
Subjects:
Online Access:http://hdl.handle.net/1721.1/42036
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author Clason, John C. (John Charles)
author2 Sarah Slaughter.
author_facet Sarah Slaughter.
Clason, John C. (John Charles)
author_sort Clason, John C. (John Charles)
collection MIT
description Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Architecture, 2007.
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spelling mit-1721.1/420362019-04-12T09:45:37Z Building Information Modeling : value for real estate developers and owners BIM : value for real estate developers and owners Clason, John C. (John Charles) Sarah Slaughter. Massachusetts Institute of Technology. Dept. of Architecture. Massachusetts Institute of Technology. Dept. of Architecture. Architecture. Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Architecture, 2007. This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. Includes bibliographical references (p. 52-55). The Architecture, Engineering, and Construction industry severely lags behind the manufacturing industry in terms of efficiency and productivity growth. This lag is a result of the fragmented nature of the industry and its resistance to adopting innovative technologies and processes that enable collaboration and efficiency. Building Information Modeling (BIM) is one of these innovations. Since building owners ultimately absorb every cost associated with a building project, they are in the best position to lead the AEC industry into an era of increased productivity through the adoption of collaborative practices and technologies such as BIM. However, owners cannot be expected to venture down this path unless they are aware of the potential value that the proper use of BIM can create for them. Therefore, this paper provides evidence of the value created for owners and developers by the use of BIM, and conveys that evidence in a framework that follows the actual phases and tasks of a real development project. Those phases are as follows: Market Research, Feasibility Analysis, Design, Construction, and Operations. In addition to actual examples of value creation, theoretical examples of future applications are discussed. The value created for owners and developers by implementing BIM on their projects is manifested primarily in the form of improved design quality and savings in time and money. by John C. Clason. S.M.in Real Estate Development 2008-09-02T17:52:39Z 2008-09-02T17:52:39Z 2007 2007 Thesis http://hdl.handle.net/1721.1/42036 228657008 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 56 p. application/pdf Massachusetts Institute of Technology
spellingShingle Architecture.
Clason, John C. (John Charles)
Building Information Modeling : value for real estate developers and owners
title Building Information Modeling : value for real estate developers and owners
title_full Building Information Modeling : value for real estate developers and owners
title_fullStr Building Information Modeling : value for real estate developers and owners
title_full_unstemmed Building Information Modeling : value for real estate developers and owners
title_short Building Information Modeling : value for real estate developers and owners
title_sort building information modeling value for real estate developers and owners
topic Architecture.
url http://hdl.handle.net/1721.1/42036
work_keys_str_mv AT clasonjohncjohncharles buildinginformationmodelingvalueforrealestatedevelopersandowners
AT clasonjohncjohncharles bimvalueforrealestatedevelopersandowners