ABSTRACT
The paper is presenting a value realisation framework for asset owners based on an exploratory study. The study is descriptive in nature and adopting a qualitative approach towards data collection. The paper adopts the viewpoint of BIM business value measurement considering that; (i) if the process is better as a result of BIM-based processes, then it is different in some relevant way; (ii) if it is different in some relevant way as a result of certain BIM properties or characteristics, then the change is observable; (iii) if the change is observable because of certain direct BIM benefits, then it is countable; (iv) if it is countable using defined measurement metrics, then it is measurable; (v) if it is measurable using established measurement techniques, an organisation can value each unit and therefore, realise the benefits of BIM. The specific contribution of paper is to improve asset owners’ understanding of BIM-business value measurement techniques and approaches.
