Risks in the use of BIM 5D in the estimated cost of the project tender phase

Mutia Hanuun Ufaira Akbar, Yusuf Latief

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The implementation of the tender raises different chances of failure for several participating companies. If a company participates in a tender, there will be risks that it can fail to win the bid. The best bidder is greatly influenced by how the bidding process is handled. In the process of bidding activities carried out by the contractor is to make an estimation of the cost of carrying out the work by taking into account the cost of all the necessary resources such as labor, materials, equipment, and finance along with the cost of the work being subcontracted, overhead and profits. Technological developments in the industrial era 4.0 has risen to a new method for the accuracy of the cost estimation process at the tender stage, namely BIM 5D. The application of BIM 5D in construction projects is believed to provide benefits to the cost performance of construction projects. However, every technology and method used has risks that may occur. The purpose of this paper is to identify what risks occur when using BIM 5D. This study uses survey methods, literature studies, and case studies, and then data analysis uses the Delphi method. The results of the study show that there are 8 highest risks in using BIM 5D; Scope of work is not available in a complete and clear manner, Incomplete project information, Error in making work breakdown structure, There is no standardized BIM Deliverable, Lack of collaborative work processes and modeling standards, The use of BIM-based software that is not integrated with each other, Lack of compatibility of the software used, and Inaccuracy in inputting sizes and specifications from 2D images to 5D BIM-based software. If considering the results of these risks, it is hoped that the use of BIM 5D can improve the accuracy of cost estimation calculations at the project tender stage.

Original languageEnglish
Title of host publicationAIP Conference Proceedings
EditorsNaufal Ishartono, Yasir Sidiq
PublisherAmerican Institute of Physics Inc.
Edition1
ISBN (Electronic)9780735447820
DOIs
Publication statusPublished - 17 Jan 2024
Event7th Progressive and Fun Education International Conference 2022, Profunedu 2022 - Sorong, Indonesia
Duration: 8 Sept 2022 → …

Publication series

NameAIP Conference Proceedings
Number1
Volume2926
ISSN (Print)0094-243X
ISSN (Electronic)1551-7616

Conference

Conference7th Progressive and Fun Education International Conference 2022, Profunedu 2022
Country/TerritoryIndonesia
CitySorong
Period8/09/22 → …

Keywords

  • BIM 5D.
  • Construction Project
  • Cost Estimation
  • Risk
  • Tender

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