A review on life cycle cost analysis of buildings based on building information modeling

Kun Lu, Xueyuan Deng, Xiaoyan Jiang, Baoquan Cheng, Vivian W. Y. Tam

Research output: Contribution to journalArticlepeer-review

27 Citations (Scopus)

Abstract

Life cycle cost analysis (LCCA) plays an essential role in the economic sustainability assessment of buildings, and building information modeling (BIM) offers a potentially valuable approach to fulfilling its requirement. However, the state of LCCA based on BIM is unclear despite previously published works. Therefore, this paper aims to address this gap by reviewing 45 relevant peer-reviewed articles through a systematic literature search, selection, and assessment. The results show that three data exchange methods integrate BIM and LCCA through data input, calculation, and output. Precision management, optimization measures, and parameter analysis through BIM significantly improve the value of buildings. Also, a methodological framework is summarized that combines LCC with other indicators based on BIM to consider eco-nomic, environmental, and social impacts, which can be monetized to assess life cycle sustainability costs. These findings provide insights for scholars and practitioners.
Original languageEnglish
Pages (from-to)268-288
Number of pages21
JournalJournal of Civil Engineering and Management
Volume29
Issue number3
DOIs
Publication statusPublished - 2023

Open Access - Access Right Statement

© 2023 The Author(s). This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

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