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The US National Institute of Standards and Technology (NIST) (2004) indicated that poor data and information management costs the US construction industry about $16 billion a year.

Industry context:
The US National Institute of Standards and Technology (NIST) (2004) indicated that poor data and information management costs the US construction industry about $16 billion a year. The UK DTI (2008) estimated that through the adoption of (BIM) the UK construction industry would be able to achieve annual capital savings of around £2bn.
The Government 2011 Construction Strategy (GCS) states that:

“Government will require fully collaborative 3D BIM (with all project and asset information, documentation and data being electronic) as a minimum by 2016. This refers to all centrally procured Government projects as outlined in the GCS including new build and retained estate, vertical and linear.”
Term paper brief
Given that since April 2016, all public sector centrally procured construction projects have to be executed and delivered in BIM:
(a) (70%) critically discuss the implications of this change and the required business transformations for three types of construction enterprises that have portfolios of publicly-regulated projects:
a. Clients,
b. Consultants and
c. Contractors;
and:
(b) (30%) develop an appropriate governance framework at the level of the project coalition (functioning as a multi-organisational enterprise running a project) for adopting an integrated BIM-based information system across the supply chain in a relevant publicly-regulated construction project and discuss the implications of this approach.

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The US National Institute of Standards and Technology (NIST) (2004) indicated that poor data and information management costs the US construction industry about $16 billion a year. was first posted on March 13, 2019 at 6:16 pm.
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