The Value of BIM for Project Management in a Smart Built Asset in China

In China, real estate has been developed rapidly in the past 30 years. According to the market competition and demand, the owners and developers realize that the project management, which applies the information of consulting, design, implementation, and operations, should be more standardized. With the maturity of construction technology and the continuous updating of digital technology, e.g., Building Information Modeling (BIM), the trend to enter into a digital world is becoming widely accepted by the AEC sectors. The perspective of owners and developers in project management includes cost, schedule, quality, and safety. While the schedule of a project is one of the most critical factors, the high turnover demand of construction market, the design depth in many cases have not met the construction requirements during the construction of the stage of projects. In the construction stage, 4D simulation can be carried out, which is based on the construction organization and design, so that the reasonable construction progress can advise the project manager. This paper aims to explore the original scheme of 4D simulation and illustrates the other main application of BIM in Chinese construction market that how to deliver a smart built asset for users.