Visualization of Cost Funding Sources in Building Information Models
Publication: Computing in Civil Engineering 2021
ABSTRACT
Public construction owner organizations often depend on various funding sources to meet their ongoing capital improvement needs, including federal, state, and local grant funding. These funding sources typically provide usage guidelines and reporting criteria as part of the conditions owners are required to abide by for grant disbursement and continued eligibility for future funding. This presents challenges to the owner in ensuring the appropriate allocation of funding during initial project planning, and continued adherence to funding regulations throughout the construction phase, particularly during change management. This research proposed a methodology for the visualization of cost information in building information models (BIM) using BIM tools such as Autodesk Revit and Autodesk Assemble. Project parameters within the BIM relational database were created to account for the funding source information of the model components, enabling the visual representation and analysis of embedded project information at later stages of model development. This approach was designed to foster effective and consistent communication among decision-makers as to the apportionment and tracking of facility costs to specific funds. This methodology will be applicable to other non-geometric attributes an owner may wish to track during a facility’s life cycle.
Get full access to this article
View all available purchase options and get full access to this chapter.
REFERENCES
Bortolini, R., C. T. Formoso, and D. D. Viana. 2019. “Site Logistics Planning and Control for Engineer-to-Order Prefabricated Building Systems Using BIM 4D Modeling.” Automation in Construction. https://doi.org/10.1016/j.autcon.2018.11.031.
e-Builder. 2018. “Funding Sources: Managing Multiple Funding Sources on Public Projects.” 2018. https://resources.e-builder.net/whitepapers/funding-sources-managing-multiple-funding-sources-on-public-projects.
eCivis. 2020. “How to Connect Your Grant Funding to the Budgeting Process.” 2020.
Fellows, R., and A. Liu. 2015. Research Methods for Construction. 4th Edition. WILEY Blackwell. https://ebookcentral.proquest.com/lib/ufl/reader.action?docID=1895747&query=.
Ferry, D. J., P. S. Brandon, and J. D. Ferry. 1999. Cost Planning of Buildings. Blackwell Publishing.
Getuli, V., P. Capone, A. Bruttini, and S. Isaac. 2020. “BIM-Based Immersive Virtual Reality for Construction Workspace Planning: A Safety-Oriented Approach.” Automation in Construction 114 (June). https://doi.org/10.1016/j.autcon.2020.103160.
Hendrickson, C. 2008. “Project Management for Construction: The Owners’ Perspective.” 2008. https://www.cmu.edu/cee/projects/PMbook/01_The_Owners’_Perspective.html.
Holmes, C. B., I. Sikazwe, R. Raelly, B. Freeman, I. Wambulawae, G. Silwizya, S. Topp, R. Chilengi, and G. Henostroza. 2015. “NIH Public Access” 65 (0 1): 1–9. https://doi.org/10.1097/QAI.0000000000000043.Managing.
Jernigan, F. 2008. BIG BIM, Little Bim. 2nd ed. 4Site Press.
Jin, Z., J. Gambatese, D. Liu, and V. Dharmapalan. 2019. “Using 4D BIM to Assess Construction Risks during the Design Phase.” Engineering, Construction and Architectural Management 26 (11): 2637–54. https://doi.org/10.1108/ECAM-09-2018-0379.
Juszczyk, M., A. Tomana, and M. Bartoszek. 2016. “Current Issues of BIM-Based Design Change Management, Analysis and Visualization.” Procedia Engineering 164 (June): 518–25. https://doi.org/10.1016/j.proeng.2016.11.653.
Lu, Q., J. Won, and J. C. P. Cheng. 2016. “A Financial Decision Making Framework for Construction Projects Based on 5D Building Information Modeling (BIM).” International Journal of Project Management 34 (1): 3–21. https://doi.org/10.1016/j.ijproman.2015.09.004.
Nawari, N. O. 2018. Building Information Modeling: Automated Code Checking and Compliance Processes. Boca Raton: CRC Press.
NBIMS. 2015. “Building Information Modelling: What Information Is in the Model? | NBS.” https://www.thenbs.com/knowledge/building-information-modelling-what-information-is-in-the-model.
Preidel, C., and A. Borrmann. 2015. “Automated Code Compliance Checking Based on a Visual Language and Building Information Modeling.” 32nd International Symposium on Automation and Robotics in Construction and Mining: Connected to the Future, Proceedings, no. July. https://doi.org/10.22260/isarc2015/0033.
Providakis, S., C. D. F. Rogers, and D. N. Chapman. 2019. “Predictions of Settlement Risk Induced by Tunnelling Using BIM and 3D Visualization Tools.” Tunnelling and Underground Space Technology 92 (October): 103049. https://doi.org/10.1016/j.tust.2019.103049.
Röck, M., A. Hollberg, G. Habert, and A. Passer. 2018. “LCA and BIM: Visualization of Environmental Potentials in Building Construction at Early Design Stages.” https://doi.org/10.1016/j.buildenv.2018.05.006.
Valinejadshoubi, M., A. Bagchi, and O. Moselhi. 2019. “Development of a BIM-Based Data Management System for Structural Health Monitoring with Application to Modular Buildings: Case Study.” Journal of Computing in Civil Engineering 33 (3). https://doi.org/10.1061/(ASCE)CP.1943-5487.0000826.
Vatsavai, S. 2010. “Oracle ® Project Portfolio Analysis,” no. August. https://docs.oracle.com/en/cloud/saas/project-management/20c/faugr/using-grants-management.pdf.
Likhitruangsilp, V., T. N. Handayani, P. G. Ioannou, and N. Yabuki. 2018. “A BIM Enabled System for Evaluating Impacts of Construction Change Orders.” Proceeding of Construction Research Congress 2018, no. Vdc: 429–38. https://doi.org/10.1213/01.ANE.0000149897.87025.A8.
Walker and Company, LLP. 2007. “Managing Multiple Grants.”
Wu, D. 2015. “United States Airport Rates and Charges Regulations.” 2015. https://dwuconsulting.com/airport-finance/articles/airport-rate-regulation.
Wu, Z., C. Chen, Y. Cai, C. Lu, H. Wang, and T. Yu. 2019. “BIM-Based Visualization Research in the Construction Industry: A Network Analysis.” International Journal of Environmental Research and Public Health 16 (18). https://doi.org/10.3390/ijerph16183473.
Xu, Z., H. Zhang, X. Lu, Y. Xu, Z. Zhang, and Y. Li. 2019. “A Prediction Method of Building Seismic Loss Based on BIM and FEMA P-58.” Automation in Construction. https://doi.org/10.1016/j.autcon.2019.02.017.
YouthBuild. 2015. “Managing Multiple Funding Streams.”
Information & Authors
Information
Published In
History
Published online: May 24, 2022
Authors
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.