Risk Management Responses for the Reshuffle of Risks During the Feasibility Stage of a BIM-Enabled Construction Project

Building Information Modelling (BIM) is the cutting-edge innovation in the Architecture, Engineering, Construction and Operations (AECO) industry. The practice of BIM is anticipated to improve the effectiveness of the structure, development, and activity of a benefit through Three Dimension (3D) representation, coordinated and robotized drawing creation, clever documentation and data recovery, predictable information and data, mechanized clash location and computerized material take off. In the global context, BIM is being exceptionally executed to achieve a transparent and productive decision making mechanism throughout the construction project lifecycle. When it considers of BIM implementation in the construction industry, scholars have identified a reshuffle or revolution in the traditional risks following Standard Conditions of Contracts. Accordingly, the scholars have also identified the need for a modern risk management approach as a successful response due to the intervention of BIM. Thus, this research aims to evaluate for any suitable risk management responses to manage such risk reshuffles considering the feasibility stage of a BIM-enabled construction project. To achieve the aim, extensive literature synthesis was conducted. Accordingly, the occurrence of risks in the feasibility stage, reshuffle of risks as per the traditional and BIM procurement systems and new risk management responses for risk reshuffles for a BIMenabled construction project were identified. Hence, the research outcome
successfully answered the necessity of having a modified risk management process for a BIM-enabled construction project while highlighting the evolution of traditional risks in a construction project environment with the intervention of BIM technology. This study will be an initiative to look into the BIM intervention in a traditional construction project environment through the eyes of the risk management philosophy.