ABSTRACT
This chapter provides an overview of the challenges and future outlooks associated with building information model (BIM) implementation for cost management. It covers the challenges organised under six categories, namely, standards, technical, economic, organisational, legal and contractual, and cultural challenges. Despite widespread anecdotal evidence of BIM's benefits, the industry still craves a stronger business case to justify the wider adoption of BIM for quantity surveying (QS) work, especially for small to medium-sized enterprises (SMEs). Some economic challenges such as the cost to develop a QS-BIM would lower if modelling technologies could make faster use of big data. The construction industry has been labelled as a very old-fashioned industry, and some researchers deem cultural intractability a much greater hindrance than any relating to BIM's technological difficulties. SMEs’ limited financial capacity to invest in emerging digital technologies and capabilities, bigger companies tend to be the ones subscribing to comprehensive BIM services.
