Lifecycle BIM for Infrastructure: A Business Case for Project Delivery and Asset Management (2023) / Chapter Skim
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Appendix B - ROI Workbook and User Guide
Appendix B - ROI Workbook and User Guide
Pages 103-112
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From page 103... ...
by searching for CRP Special Release 4: Lifecycle BIM for Infrastructure: A Business Case for Project Delivery and Asset Management. ROI Workbook User Guide Introduction The purpose of this User Guide is to provide step-by-step instructions for how to use the BIM ROI Tool and to explain the contents of the workbook.
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There are two orange sheets in the tool: • INITIAL COSTS • ONGOING COSTS Purple: These are additional data worksheets used in the tool. There are five purple sheets in the tool: • SOFTWARE COSTS • CASE STUDY RESULTS • USE CASE MATRIX • OTHER DATA • PRICE INDICES Black: There is one black worksheet (LISTS LOOKUPS)
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It is important that the user clicks this button to calculate and view the correct results in the rest of the tool. User Inputs Clicking "Analysis with Default Values" will automatically direct the user to the USER INPUTS sheet.
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Therefore, it is recommended that the user save a copy of the tool before clicking the "Clear All User Inputs" button. ROI Results Default This sheet shows summary metrics from the ROI analysis, including the BCR, total discounted benefits, total discounted costs, NPV, and the payback period.
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From page 107... ...
The table is divided into four categories based on the benefit categories: In-House Agency Benefits: financial cost savings to the agency at an institutional level, not attributable to a single project, and due to implementing BIM methods. For instance, this includes cost savings from repeated data collection and reduced paper and printing requirements.
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Figure B-4. ROI results default sheet.
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The user should scroll through each benefit, review the suggested value for reference, and enter agencyspecific data in the green cells. If one or more of the benefits do not apply to the agency, the user should enter zeros in the relevant green cells.
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ROI Results Detailed This sheet shows summary metrics from the ROI analysis, including the BCR, total discounted benefits, total discounted costs, NPV, and the payback period, which are common metrics used for economic analyses to determine project viability. The sheet also shows the relative value of all 20 benefits and 15 costs monetized under Detailed Analysis.
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From page 111... ...
." This value comes from the U.S. DOT Benefit Cost Analysis Guidance for Discretionary Grant Programs, which is typically updated annually.
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