Property
Reducing project costs with information sharing
Aliff Yusri | 01 Sep 2017 00:30
Mention building information modelling (BIM) to an industry practitioner, and many will tell you that it is integrated building design using 3D models.

While 3D modelling software lies at the heart of BIM, its primary benefits come from how information from such models is shared throughout the construction value chain.

Reveron Consulting CEO Ravi Koka says judicious application of a common data environment (CDE) can improve productivity by up to 25% while reducing overall costs by up to 20% on projects valued at more than RM100 mil.

A CDE is the collaborative platform on which information is shared between various stakeholders on a project,
such as architects, developers and contractors, and can be applied to infrastructure developments such as roads and railway as well as buildings.

Communication between stakeholders is vital to minimise logistical redundancies while enhancing coordination on large-scale projects, which can involve dozens of subcontracting firms and thousands of workers across a variety of disciplines.