Cost-Benefit Analysis of Construction Information Management System Implementation: Case Study

AbstractIn construction projects, construction managers spend a significant portion of their time gathering project data, assessing production rates, communicating with project participants, and tracking project quality. Executing those tasks manually reduces efficiency and can result in less effective project management operations. In order to improve efficiency of information process flow, various types of construction information management systems (CIMSs) have been introduced to construction projects. However, due to the difficulty of tracking fragmental and illusive data, measuring the cost and benefit of the implementation and evaluating the trade-off remain a challenge for construction practitioners. This paper’s contributions to the body of knowledge include (1) proposing a framework to assess tangible and semitangible or intangible costs and benefits of innovative construction technology application, (2) determining costs and benefits of the use of CIMSs by conducting a product-specific case stud...

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