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How Can BIM Help in Asset Management?

By Construction Tech Review | Thursday, January 09, 2020

Data needs to flow seamlessly into physical asset management processes for BIM to deliver what it has promised.

FREMONT, CA: The ultimate objective of building information modeling (BIM) is mainly to offer better information management, which can give the project owners a structured set of data to manage a constructed asset over its lifecycle. BIM can appear misleading at times because it is not only applicable to buildings but is also used for industrial installations and infrastructure, which is essential for capital assets.

BIM goes beyond modeling data in a computer-aided design (CAD) tool. BIM could succeed because the design software within, is data-driven rather than document-driven. It allows the structured asset information to flow into the systems directly, which is used to build as well as manage it. Besides, the asset data needs to be structured and well organized, starting from the proposal requests to contracts.

Construction in the world of BIM needs contractors to utilize 3D model data from tools and incorporate the asset data model into an ERP tool, which is construction-centric. Construction ERP can transform and converse with 3D model data, automating the design of a unified data model that can be utilized during construction, years of operation and maintenance, and eventual replacement.

BIM demands might differ by project, so ERP solutions accordingly need to be flexible to have room for various requirements. It is crucial that construction ERP can collect as well as retain all the information that is required to fill in the missing parts of the asset record during the materials procurement, construction, operation, and maintenance stages. It includes data generated by subcontractors, material testing services and equipment vendors, and serial traceability whenever required.

Additionally, the process demands every data available about a built asset. It should be offered in a structured and valuable format that lends a hand to the project owners, to make the right decisions, and get maximum benefits from the investment. With the help of BIM, project owners can have data that can effectively manage the lifecycle of assets if their ERP is refined enough to let BIM data flow into physical asset management processes. On the contrary, if an ERP solution fails to attain the data, it becomes useless, and the construction businesses will miss out on their benefits.

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