The importance of Asset Management and Effective BIM Modelling Practices

Hey everyone!!

Before I begin I would like to ask if anyone lost a big roll of $100 bills wrapped in a rubber band because we found the rubber band. So now that I have your attention, let’s move straight on from that totally original and genius piece of literary humor. Let’s talk Asset Management and Effective BIM Modelling Practices. First things first, Asset Management.

Asset Management

Asset Management refers to the process of creating, designing, developing, operating, installing, maintaining and upgrading or replacing assets in the most cost-effective way possible. Asset management refers to a systematic approach to the control and recognition of value associated with or part of an element that a group or discipline is responsible for, over the element or assets whole life cycle. It can apply both to tangible assets (physical objects such as buildings or equipment) to space designated for maintenance or clearance zones. The problem with is that asset management needs to…

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