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The Influence of Building Information Modelling Adoption in the Viability of Medium, Small and Micro Scale Construction Firms (MSMSCFs)
Identifying factors influencing the viability of medium, small, and micro scale construction firms (MSMSCFs) is a crucial precursor in positioning such firms to aid economic and infrastructural development, especially in developing countries. This article assesses viability factors that are influenc...
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Published in: | Buildings (Basel) 2023-04, Vol.13 (4), p.1087 |
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description | Identifying factors influencing the viability of medium, small, and micro scale construction firms (MSMSCFs) is a crucial precursor in positioning such firms to aid economic and infrastructural development, especially in developing countries. This article assesses viability factors that are influenced by building information modeling (BIM) in MSMSCFs amidst construction firms’ viability factors. Out of a total of 177 workers surveyed from 59 MSMSCFs that were awarded construction project contracts in sampled institutions in Nigeria, 65 staff members from 31 MSMSCFs were accessed. The factors were ranked and reduced to significant ones through principal component analysis. Ten significant factors influence the viability of MSMSCFs and six of them are enhanced by BIM implementations. All eight component factors and 18 of the 27 variables with high factor loadings can be influenced by BIM implementation. BIM can potentially curb corruption in construction projects and enhance MSMSCFs’ quality of service, clients’ satisfaction, construction management and technology, professional performance, procurement practices, and prompt payment of work certificates. All stakeholders need to pay prompt attention to factors that can be influenced by BIM to improve the viability of MSMSCFs, thereby hastening BIM adoption and utilization, especially in developing countries. |
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subjects | Beliefs, opinions and attitudes Building Building information modeling building information modelling (BIM) Construction accidents & safety Construction companies Construction contracts Construction costs Construction industry Construction management Contractors Contracts Coronaviruses Corporate culture Corruption COVID-19 Developing countries Employees Failure Fatalities LDCs Macroeconomics medium, small and micro scale construction firms (MSMSCFs) Pandemics Principal components analysis Profitability Profits Project engineering Project management Quality of service Success Surveys Viability |
title | The Influence of Building Information Modelling Adoption in the Viability of Medium, Small and Micro Scale Construction Firms (MSMSCFs) |
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