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This study explores integrating Building Information Modeling (BIM) and Value Engineering (VE) to enhance cost management and project value optimization in residential construction. The primary aim is to develop a comprehensive framework that synergizes 5th Dimension Building Information Modeling (5D BIM) with VE processes to identify and evaluate the most cost-effective construction alternatives. Employing a mixed-methods approach, this research includes an extensive review of existing practices, an integrated BIM-VE framework proposal, and the application of 5D BIM principles to improve visualization, cost estimation, and scheduling. The findings reveal that integrating BIM and VE significantly enhances project efficiency, quality, and cost-effectiveness. Specifically, the case study of a twin villa project demonstrates a 42% reduction in floor material costs and a 30% reduction in door material costs, resulting in an overall project cost savings of 35%. Additionally, the integrated approach contributes to a 15% reduction in project duration and a notable improvement in design quality and stakeholder collaboration. This research contributes significantly by providing a robust framework for BIM and VE integration, emphasizing its potential to revolutionize cost management practices in the construction industry. The novelty of this study lies in its detailed and practical approach to merging BIM with VE, offering a viable solution for resource optimization and sustainable building practices. This study highlights the transformative potential of BIM-VE integration, advocating for its broader adoption to achieve superior project outcomes.
Mohamed et al. (2024) studied this question.