MATEC Web Conf.
Volume 266, 2019International Conference on Built Environment and Engineering 2018 - “Enhancing Construction Industry Through IR4.0” (IConBEE2018)
|Number of page(s)||4|
|Section||Construction Technology (CT)|
|Published online||20 February 2019|
The Influence of Building Information Modelling (BIM) towards Return on Investment (ROI) from the Perspective of Malaysian Developers: A Qualitative Approach
Department of Construction Management, Faculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia (UTHM), Parit Raja, Johor Darul Takzim, Malaysia.
* Corresponding author: firstname.lastname@example.org
Building Information Modelling (BIM) was introduced in Malaysia in 2007. However, Malaysian developers were reluctant to implement BIM because they could not see the advantages of BIM in monetary terms. This paper aims to determine the impact of BIM towards Return on Investment (ROI) from the developers’ perspective. A literature review was carried out to review the linkage between BIM and ROI. The study engaged a qualitative approach and four (4) respondents were selected for preliminary data collection based on their expertise in BIM. Data was collected through face-to-face semi-structured interview sessions and was analysed using a qualitative content analysis technique. The findings show that BIM had impacted on the ROI of both the project and organisation. At present, these findings support the argument that BIM does have an impact on the ROI both positively and negatively. However, the findings prove that BIM is worthy of its pricey initial investment. It is therefore suggested that Malaysian developers to invest in BIM in spite of the pricey initial investment.
© The Authors, published by EDP Sciences, 2019
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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