BIM, Value Management, Life-cycle Cost Management
Building Information Management
MARCH 19, 2013
This is so that the project that is procured would economically viable through its entire life span. It is also defined as the total cash flow of the project from the conceptual stage to the disposal stage (Bennett, 2003). The modern procurement system (i.e. In this case, end-users are left to bear the maintenance costs.
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