{"id":34921,"date":"2017-09-13T09:01:16","date_gmt":"2017-09-13T08:01:16","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=34921"},"modified":"2017-09-13T09:01:16","modified_gmt":"2017-09-13T08:01:16","slug":"bim-powered-asset-management","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/digital-construction-news\/bim-news\/bim-powered-asset-management\/34921\/","title":{"rendered":"BIM-powered asset management"},"content":{"rendered":"

BIM provides accurate, timely data and significant opportunities to improve asset management and building operations. Neil Reed, director of BIMcert and a BIM consultant at Stroma Certification, takes a look<\/h2>\n

It has always been recognised that the biggest benefits from Building Information Modelling <\/a>(BIM) would be enjoyed by the owners and operators of the assets.<\/p>\n

However, much of the action that surrounded the government’s mandate for BIM focused on the capital expenditure (CAPEX) phase in which the assets are created. Most of the media attention and the focus of software vendors has related to design and construction, with architects, engineers and constructors leading the move to digital information.<\/p>\n

With the benefit of hindsight, some suggest that this was a mistake and the emphasis should have been with the end users and owners from the beginning.<\/p>\n

The reality is that we had to start somewhere, and if efforts had been focused on the management of assets, perhaps there would have been a backlash of complaints that the construction sector was unable to provide the information needed to leverage the true value of information through the asset management process.<\/p>\n

What is important now is for us to realise that the time for BIM has arrived for asset owners and managers, and businesses in the operations and FM sectors.<\/p>\n

The emergence of a new approach to asset management, supported by the release of ISO 55000<\/a>, is now opening the eyes of owners and operators to the value of BIM and the potential for increasing efficiency and the fundamental value of physical assets.<\/p>\n

Asset management enables organisations to take a strategic approach to realising the value of its assets, looking beyond the day-to-day issues of running costs and maintenance to wider issues of performance evaluation and improvement. Broader aspects are considered, measured and enhanced.<\/p>\n

 <\/p>\n

Financial and commercial effectiveness<\/strong>\u00a0 \u00a0\u00a0Operational efficiency<\/strong><\/p>\n

Return on Investment (RoI) \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Reliability<\/p>\n

Total Cost of Ownership (TCO) \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Lifecycle costs<\/p>\n

Net Present Value (NPV) \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Life expectancy<\/p>\n

Return on Capital Employed (RCE) \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Energy performance<\/p>\n

This strategic approach to evaluation and improvement relies on the availability of information and data \u2013 accurate, complete, clear and timely \u2013 the very DNA of Building Information Modelling. With some capability now established in the project design and construction (CAPEX) phase, organisations with the wider perspective of the asset management (OPEX) phase have a fantastic opportunity to benefit from the digitised information models that can now be produced.<\/p>\n

Supporting this is an increasing range of new technologies and approaches that allow us to create, access and use the asset data. In the field of digitisation, technology and data is evolving rapidly to support asset management requirements. There are many examples, including:<\/p>\n