Abstract

Investment in construction projects is a rather complex process. The customer of construction product, as a rule, is also its investor and for him the systematization of information about the construction process is a necessity. Construction investment control (CIC) is an integral part of the building construction process. Such control is a separate service that is necessary for the customer to objectively understand the installed work volumes and forecast deadlines. Completed construction and installation works are confirmed by acts of acceptance of the completed works, which are subsequently the basis for payment for the work done. In this paper, we developed a methodology for managing investments in construction, as well as their control using modern BIM technologies. The effectiveness of using 3D modelling in investment control was demonstrated on the example of a residential complex. In addition, the volume of work obtained from the 3D-model was compared with the volume of work calculated manually. As a result, the exact amount of work and schedules for forecasting investment of funds were obtained.

Highlights

  • Investment in construction projects is a rather complex process

  • We consider the project of a residential complex, which is made in the level of detail LOD400

  • The Construction investment control (CIC) methodology using the building information model was successfully developed and applied in the construction of a residential complex. accurate data from the BIM model allowed reducing the amount of money paid for the amount of work

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Summary

Introduction

Investment in construction projects is a rather complex process. The customer of construction product, as a rule, is its investor and for him the systematization of information about the construction process is a necessity [1,2,3]. The control process itself is closely related to the construction site, because the acceptance of installed structures and completed works must be carried out continuously at all stages of construction. Construction investment control (CIC) is an integral part of the building construction process. Such control is a separate service that is necessary for the customer to objectively understand the installed work volumes and forecast deadlines [5,6,7,8]. Completed construction and installation works are confirmed by acts of acceptance of the completed works, which are subsequently the basis for payment for the work done [9]

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