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Despite the present economic woes, the long-term prognosis for construction remains positive. The longterm trajectory is, of course, subject to cyclical moves in the economy. Nevertheless, the long-term prospects
are driven by strong underlying fundamentals and, despite economic fluctuations, will continue to trend
upwards. Data from Arthur C Nelson, Toward A New Metropolis: The Opportunity to Rebuild America, The
Brookings Institution (Washington DC), 2004. Graphic based on Appendix Tables, pp 2641.
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Skidmore, Owings & Merrill (SOM), Building Development Information Model, New York, 2008
Building information modelling (BIM) platforms such as Revit and Digital Project allow a 3-D virtual
computer model to be linked to any variety of databases used for the scheduling of components or
the costing of those components. BIM can dramatically expand decision making and information
flow, an approach that produces a much higher degree of accountability and predictability, and also
raises the question of who is in charge of the process, who owns the virtual model, who is taking
the risk and who reaps the rewards. The chart here, developed by SOM, illustrates this point.
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BIM has for some time played a significant role in non-building applications, and other markets have been
ahead of the building design and construction industry in taking advantage of information modelling. It has
allowed engineers and scientists to simulate conditions to virtually fly planes and run refineries prior to
construction. Going beyond depiction, information models, such as this fuselage of a Boeing 777, are operative
and bring a new level of sophistication and informed decision making to design and building.
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