Building information modeling as a risk transformer: an evolutionary insight into the project uncertainty

Building information modeling (BIM) is a promising technology for the construction sector, as it addresses multiple risks, supports decision-making and enhances value. However, its technological and contractual novelties introduce some new risks. To observe the BIM-driven risk transformation, this paper performs a thorough analysis involving international experts and practitioners. Data is collected in the form of open-ended interviews and typeset questionnaire along with case studies of running projects. Results reveal that BIM eliminates a majority of significant risks. Further, the findings fuel a new research problem; the lack of a dedicated BIM plugin for risk management. Responding to it, a theoretical framework is developed to automate the risk management process and improve overall project management practice. It is concluded that construction projects can greatly benefit from an automated risk management system and investment in developing a dedicated plugin is recommended, ensuring an effective penetration of BIM in the construction industry.