Digital Construction

Asset management and BIM part 1: why they need to interface

Asset management (AM) is about to provide fresh impetus and a whole-lifecycle’s worth of opportunity to the architecture, engineering and construction industries, according to BIMcert director Neil Reed.
In the first of two features, he argues that to respond to that impetus and gain access to the opportunities, individuals and organisations need to gain a full understanding of the AM process, to be clear on where it interfaces with BIM, and take advantage of education and training to build the much-needed support services.

For architects, engineers, constructors and BIM specialists, much time and effort has already been invested in developing information management capability using new technology and approaches.

With massive new energy about to be injected by asset managers, owners and operators, there is now an opportunity to integrate services across the asset lifecycle, realising significant returns for all involved.

AM emerged as a recognised discipline in the 1980s, with the Institute of Asset Management established in 2004 and the ISO 55000 series published in 2014. While the standard provides a helpful definition of AM as “the coordinated activity of an organisation to realise value from assets”, an understanding of those activities is not yet widespread in the AEC sector, so the vital role of BIM is only now being fully recognised.

Register for free or sign in to continue reading

This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.

Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.

Story for CM Digital? Get in touch via email: [email protected]

Latest articles in Digital Construction