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

doi:10.3846/jcem.2023.18473

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 journal › Article › peer-review

51 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 language	English
Pages (from-to)	268-288
Number of pages	21
Journal	Journal of Civil Engineering and Management
Volume	29
Issue number	3
DOIs	https://doi.org/10.3846/jcem.2023.18473
Publication status	Published - 2023

Bibliographical note

Publisher Copyright:
© 2023 The Author(s).

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.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure
SDG 12 Responsible Consumption and Production
SDG 17 Partnerships for the Goals

Keywords

building information modeling
economic sustain-ability assessment
life cycle assessment
life cycle cost analysis
literature review
whole life cost

Access to Document

10.3846/jcem.2023.18473

life cycle cost_open access

Cite this

@article{6a8dfed68c6249a4b83ce89c73b0d520,

title = "A review on life cycle cost analysis of buildings based on building information modeling",

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.",

keywords = "building information modeling, economic sustain-ability assessment, life cycle assessment, life cycle cost analysis, literature review, whole life cost",

author = "Kun Lu and Xueyuan Deng and Xiaoyan Jiang and Baoquan Cheng and Tam, \{Vivian W. Y.\}",

note = "Publisher Copyright: {\textcopyright} 2023 The Author(s).",

year = "2023",

doi = "10.3846/jcem.2023.18473",

language = "English",

volume = "29",

pages = "268--288",

journal = "Journal of Civil Engineering and Management",

issn = "1392-3730",

publisher = "Vilnius Gediminas Technical University",

number = "3",

}

TY - JOUR

T1 - A review on life cycle cost analysis of buildings based on building information modeling

AU - Lu, Kun

AU - Deng, Xueyuan

AU - Jiang, Xiaoyan

AU - Cheng, Baoquan

AU - Tam, Vivian W. Y.

PY - 2023

Y1 - 2023

N2 - 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.

AB - 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.

KW - building information modeling

KW - economic sustain-ability assessment

KW - life cycle assessment

KW - life cycle cost analysis

KW - literature review

KW - whole life cost

UR - https://hdl.handle.net/1959.7/uws:72795

UR - https://www.scopus.com/pages/publications/85148937782

U2 - 10.3846/jcem.2023.18473

DO - 10.3846/jcem.2023.18473

M3 - Article

SN - 1392-3730

VL - 29

SP - 268

EP - 288

JO - Journal of Civil Engineering and Management

JF - Journal of Civil Engineering and Management

IS - 3

ER -

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

Abstract

Bibliographical note

Open Access - Access Right Statement

UN SDGs

Keywords

Access to Document

Other files and links

Fingerprint

Cite this