BIM based value for money assessment in public-private partnership

Ren, Guoqian and Li, Haijiang ORCID: https://orcid.org/0000-0001-6326-8133 2017. BIM based value for money assessment in public-private partnership. Presented at: PRO-VE 2017: Collaboration in a Data-Rich World, Vicenza, Italy, 18-20 September 2017. Published in: Camarinha-Matos, L., Afsarmanesh, H. and Fornasiero, R. eds. Collaboration in a Data-Rich World. PRO-VE 2017. IFIP Advances in Information and Communication Technology. IFIP Advances in Information and Communication Technology. IFIP Advances in Information and Communication Technology , vol.506 Cham: Springer Verlag, pp. 51-62. 10.1007/978-3-319-65151-4_5

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Abstract

New urbanization approaches aligned with public- private partnership (PPP) which arose in the early 1990s, have become acceptable and even better solutions to outstanding urban municipal constructions. However, PPPs are still problematic regarding value for money (VFM) process which is the main driving force to deliver public services. The current VFM structure requires an integrated platform to manage multi-performance and collaborative relationship in project life-cycles. Building information modelling (BIM), a popular approach to the procurement in AEC sectors, provides the potential to ensure VFM while also working in tandem with the semantic approach to holistically measure the life cycle performance. This paper suggests that BIM applied to the PPP life cycle could support decision-making regarding VFM and thus meet service targets.

Item Type:	Conference or Workshop Item (Paper)
Date Type:	Publication
Status:	Published
Schools:	Engineering
Publisher:	Springer Verlag
ISBN:	978-3-319-65151-4
ISSN:	1868-422X
Last Modified:	24 Nov 2022 10:07
URI:	https://orca.cardiff.ac.uk/id/eprint/120760

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