A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
A Framework of BIM-Based Value for Money (VFM) Evaluation Methods of PPP Projects at Decision-Making Stages
Key decisions made in the application of PPP models rely on VFM(Value for Money) evaluation. In the face of the current dilemma of evaluation results ‘straying from being truthful’, how to establish a more scientific evaluation method needs to be urgently resolved. Given the advantages of BIM technology, it is suggested to introduce BIM into VFM quantitative analysis of PPP projects, and cost analysis and risk estimation in the evaluation system. This paper presents an innovative BIM-based VFM evaluation method throughout the Decision-Making Stages of PPP projects, which is of both theoretical and pragmatic significance to overcome existing VFM dilemma and pave the way for sustainable development of PPP projects.
A Framework of BIM-Based Value for Money (VFM) Evaluation Methods of PPP Projects at Decision-Making Stages
Key decisions made in the application of PPP models rely on VFM(Value for Money) evaluation. In the face of the current dilemma of evaluation results ‘straying from being truthful’, how to establish a more scientific evaluation method needs to be urgently resolved. Given the advantages of BIM technology, it is suggested to introduce BIM into VFM quantitative analysis of PPP projects, and cost analysis and risk estimation in the evaluation system. This paper presents an innovative BIM-based VFM evaluation method throughout the Decision-Making Stages of PPP projects, which is of both theoretical and pragmatic significance to overcome existing VFM dilemma and pave the way for sustainable development of PPP projects.
A Framework of BIM-Based Value for Money (VFM) Evaluation Methods of PPP Projects at Decision-Making Stages
Long, Fenjie (editor) / Zheng, Sheng (editor) / Wu, Yuzhe (editor) / Yang, Gangying (editor) / Yang, Yan (editor) / Jiang, Xiaoyan (author) / Ouyang, Wenfeng (author) / Dai, Xiaoya (author) / Hu, Kang (author) / Liu, Yong (author)
International Symposium on Advancement of Construction Management and Real Estate ; 2018 ; Guiyang, China
2021-02-03
11 pages
Article/Chapter (Book)
Electronic Resource
English
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