Cost Model / ROI

ORGANIZATION: buildingSMART Alliance

Chair
Deke Smith
dsmith@nibs.org
(202) 289-7800

If we are going to cut $200B or more of non-value, added effort from the industry, we are going to need to know where and how we should attack the problem. Where is the lowest hanging fruit for companies to attain the best return on investment when they are initiating BIM. They need to be able to answer the question "Where will we get the biggest payback soonest so we can self fund future work?" This project will provide the business model for approaching business transformation for the industry. Anything short of this and we will simply be picking away at the problem somewhat randomly.

  1. We will establish a cost model of all the current applications showing the relationships and resources required to accomplish work in the "as-is" environment, then we will identify the relationships and resources required to do work in a collaborative "to-be" environment.
  2. We will use the information gained in the first phase to identify and reinforce decision making as well as plan future direction to ensure the flow of information throughout the life cycle.
  3. We will identify business process changes that will need to be made to transform to the new way of doing business and document those as best business practices
  4. We will identify new opportunities for profoundly affecting the current methods that may take more culture change to accomplish but have a valid return on investment to accomplish. These too will be the basis for future best business practices

Scope

This effort is an extension of several currently underway in the business process area. It will involve all the groups currently involved with that effort as well as others related to business process modeling and economic.