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Value Engineering in building information modelling for cost optimization of renovation works: A case study

Implementation of Value Engineering (VE) in the construction industry has become a proven technique for cost optimization. This paper presents a review of the implementation of BIM in construction industry. The factors that triggered and hinder the implementation of VE and BIM in the current industr...

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Main Authors: Usman F., Jalaluddin N.A., Hamim S.A.
Other Authors: 55812540000
Format: Article
Published: Science Publishing Corporation Inc 2023
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id my.uniten.dspace-24043
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spelling my.uniten.dspace-240432023-05-29T14:54:43Z Value Engineering in building information modelling for cost optimization of renovation works: A case study Usman F. Jalaluddin N.A. Hamim S.A. 55812540000 57205234899 57200660053 Implementation of Value Engineering (VE) in the construction industry has become a proven technique for cost optimization. This paper presents a review of the implementation of BIM in construction industry. The factors that triggered and hinder the implementation of VE and BIM in the current industry and a case study of the application of VE using BIM for cost optimization of renovation works are also discussed. The project which was used for the case study is the renovation of shop lot units to be used as a student centre where student activities will be placed. 3D models of the project were developed as BIM model that provide strong visualization when creating alternatives for VE processes. The function analysis, risk analysis and life-cycle cost analysis were applied to determine the value index for each developed alternative. It shows that the implementation had successfully reduced the cost by approximately 27% and the value of the project increased after the process. � 2018 Authors. Final 2023-05-29T06:54:43Z 2023-05-29T06:54:43Z 2018 Article 10.14419/ijet.v7i4.35.22856 2-s2.0-85059236669 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85059236669&doi=10.14419%2fijet.v7i4.35.22856&partnerID=40&md5=1091b8df685ea6a6074995caffb65dbf https://irepository.uniten.edu.my/handle/123456789/24043 7 4 431 435 All Open Access, Bronze, Green Science Publishing Corporation Inc Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description Implementation of Value Engineering (VE) in the construction industry has become a proven technique for cost optimization. This paper presents a review of the implementation of BIM in construction industry. The factors that triggered and hinder the implementation of VE and BIM in the current industry and a case study of the application of VE using BIM for cost optimization of renovation works are also discussed. The project which was used for the case study is the renovation of shop lot units to be used as a student centre where student activities will be placed. 3D models of the project were developed as BIM model that provide strong visualization when creating alternatives for VE processes. The function analysis, risk analysis and life-cycle cost analysis were applied to determine the value index for each developed alternative. It shows that the implementation had successfully reduced the cost by approximately 27% and the value of the project increased after the process. � 2018 Authors.
author2 55812540000
author_facet 55812540000
Usman F.
Jalaluddin N.A.
Hamim S.A.
format Article
author Usman F.
Jalaluddin N.A.
Hamim S.A.
spellingShingle Usman F.
Jalaluddin N.A.
Hamim S.A.
Value Engineering in building information modelling for cost optimization of renovation works: A case study
author_sort Usman F.
title Value Engineering in building information modelling for cost optimization of renovation works: A case study
title_short Value Engineering in building information modelling for cost optimization of renovation works: A case study
title_full Value Engineering in building information modelling for cost optimization of renovation works: A case study
title_fullStr Value Engineering in building information modelling for cost optimization of renovation works: A case study
title_full_unstemmed Value Engineering in building information modelling for cost optimization of renovation works: A case study
title_sort value engineering in building information modelling for cost optimization of renovation works: a case study
publisher Science Publishing Corporation Inc
publishDate 2023
_version_ 1806425828125310976
score 13.211869

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