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Economic efficiency and prospects for introducing information modelling technologies during the design stage in the building sector of a region

https://doi.org/10.21285/2227-2917-2023-2-192-201

Abstract

Over the past decade, information modelling technologies have been actively introduced in the global construction industry. This study aims to substantiate the economic efficiency of implementing these technologies in construction processes. The primary methods employed in this study involve analysis and synthesis. The article examines data that reflects the indicators of economic efficiency associated with information modelling technologies. The cooperation of all project participants, while considering specific regional characteristics, is of utmost importance. Since the design stage is the least financially expensive phase, the efficiency of information modelling technologies can be well observed. The article discusses both the advantages and disadvantages of using information modelling technologies. A comparison of return on investment (ROI) indicators was carried out, considering the degree of adoption of information modelling technologies within enterprises. It is important to note that ROI comprises only one of the indicators used to assess economic efficiency, since it fails to consider other factors. In order to comprehensively evaluate the economic effect, various indicators used in investment project assessment were analysed, including net present value, profitability index, internal rate of return, and payback time. The article presents an example of implementing information modelling technologies in a small project entity, where the ROI coefficient is calculated. From the analysis, it is concluded that information modelling technologies should be widely implemented as a foundation for improving the production and economic efficiency of companies.

About the Authors

K. E. Torokhova
Irkutsk National Research Technical University
Russian Federation

Ksenia E. Torokhova – Postgraduate.

83 Lermontova St., 664074 Irkutsk


Competing Interests:

The authors declare no conflict of interests regarding the publication of this article.



M. V. Matveeva
Irkutsk National Research Technical University
Russian Federation

Maria V. Matveeva - Dr. Sci. (Econ.)., Professor, Professor of the Department of Real Estate Expertise and Management.

83 Lermontova St., 664074 Irkutsk


Competing Interests:

The authors declare no conflict of interests regarding the publication of this article



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For citations:


Torokhova K.E., Matveeva M.V. Economic efficiency and prospects for introducing information modelling technologies during the design stage in the building sector of a region. Izvestiya vuzov. Investitsii. Stroitelstvo. Nedvizhimost. 2023;13(2):192-201. (In Russ.) https://doi.org/10.21285/2227-2917-2023-2-192-201

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