Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling

The new construction method known as Industrialized Building System (IBS) offers several benefits compared to the Conventional Building System (CBS); however, IBS is perceived by most of the practitioners to be an expensive method for being utilized in construction industry. Whilst relatively numero...

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Main Author:	Faghirinejadfard, Amir
Format:	Thesis
Published:	2014
Subjects:	TH Building construction
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id	my-utm-ep.48411
record_format	uketd_dc
spelling	my-utm-ep.484112017-07-27T02:00:28Z Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling 2014 Faghirinejadfard, Amir TH Building construction The new construction method known as Industrialized Building System (IBS) offers several benefits compared to the Conventional Building System (CBS); however, IBS is perceived by most of the practitioners to be an expensive method for being utilized in construction industry. Whilst relatively numerous studies have been carried out on the subject of IBS and CBS methods, there has not been any exploiting building information modeling (BIM) as a useful tool to calculate quantities, time, and cost needed to construct building with each of the two aforementioned methods. The aim of this paper is to calculate cost of two similar buildings (one is constructed with IBS method and other one with CBS method) and compare them in terms of economy based on a chosen case study and same initial investment. To this end, the construction cost of buildings is calculated using BIM software, namely Revit Architecture and Navisworks Manage for modeling the chosen case study and estimating construction cost, respectively. The findings indicated that IBS was not economic in low investment of company; however, with investment on more than 100 units of IBS, this method was shown more economical compared to CBS method. In addition, the initial investment on IBS method could be returned when more than 200 units of IBS were implemented in the projects. 2014 Thesis http://eprints.utm.my/id/eprint/48411/ masters Universiti Teknologi Malaysia, Faculty of Civil Engineering Faculty of Civil Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
topic	TH Building construction
spellingShingle	TH Building construction Faghirinejadfard, Amir Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling
description	The new construction method known as Industrialized Building System (IBS) offers several benefits compared to the Conventional Building System (CBS); however, IBS is perceived by most of the practitioners to be an expensive method for being utilized in construction industry. Whilst relatively numerous studies have been carried out on the subject of IBS and CBS methods, there has not been any exploiting building information modeling (BIM) as a useful tool to calculate quantities, time, and cost needed to construct building with each of the two aforementioned methods. The aim of this paper is to calculate cost of two similar buildings (one is constructed with IBS method and other one with CBS method) and compare them in terms of economy based on a chosen case study and same initial investment. To this end, the construction cost of buildings is calculated using BIM software, namely Revit Architecture and Navisworks Manage for modeling the chosen case study and estimating construction cost, respectively. The findings indicated that IBS was not economic in low investment of company; however, with investment on more than 100 units of IBS, this method was shown more economical compared to CBS method. In addition, the initial investment on IBS method could be returned when more than 200 units of IBS were implemented in the projects.
format	Thesis
qualification_level	Master's degree
author	Faghirinejadfard, Amir
author_facet	Faghirinejadfard, Amir
author_sort	Faghirinejadfard, Amir
title	Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling
title_short	Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling
title_full	Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling
title_fullStr	Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling
title_full_unstemmed	Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling
title_sort	economic comparison of industrialized building system with conventional system through cost estimation using building information modeling
granting_institution	Universiti Teknologi Malaysia, Faculty of Civil Engineering
granting_department	Faculty of Civil Engineering
publishDate	2014
_version_	1747817383746076672

Economic comparison of industrialized building system with conventional system through cost estimation using building information modeling

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