TY  - CONF
TI  - Enhancing Cost Reliability in Construction: the Synergistic Impact of BIM and Lean Principles
C1  - Osaka and Kyoto, Japan
C3  - Proceedings of the 33rd Annual Conference of the International Group for Lean Construction (IGLC 33)
SP  - 141
EP  - 152
PY  - 2025
DO  - 10.24928/2025/0111
AU  - William, León
AU  - Jose, Guevara
AU  - Nelly, García-López
AD  - Ph.D. research assistant, Civil and Environmental Engineering Department, Universidad de los Andes, Bogotá, Colombia, wm.leon10@uniandes.edu.co, https://orcid.org/0000-0002-2533-853X
AD  - Associate Professor, Civil and Environmental Engineering Department, INGECO research group director, Universidad de los Andes, Bogotá, Colombia, ja.guevara915@uniandes.edu.co, https://orcid.org/0000-0002-3485-9169
AD  - Assistant Professor, Civil and Environmental Engineering Department, INGECO research group, Universidad de los Andes, Bogotá, Colombia, ne-garci@uniandes.edu.co, https://orcid.org/0000-0001-9053-0897
ED  - Seppänen, Olli 
ED  - Koskela, Lauri 
ED  - Murata , Koichi 
AB  - Effective cost management is critical in construction projects, where budget variability often threatens cost reliability and financial performance. Building Information Modeling (BIM) and Lean Construction Principles (LCP) offer complementary approaches to enhance decision-making, optimize resource allocation, and mitigate financial risks. Despite their proven potential, the integration of BIM and LCP remains underutilized, limiting their impact on cost predictability and reliability. Existing research highlights the synergies between BIM and LCP for reducing variability and waste; however, applications in real-world projects often lack comprehensive probabilistic analysis. This paper explores the impact of BIM-LCP integration on cost management and cost reliability using advanced probabilistic methods—Monte Carlo, Importance Sampling, and Latin Hypercube. These techniques provide robust insights into the effects of variability, process standardization, and waste reduction on cost outcomes. Findings underscore the importance of standardizing processes, coordinating disciplines, and minimizing waste to achieve cost reliability. This study offers actionable strategies for construction professionals to enhance financial predictability, optimize contract management, and reduce risks across project lifecycles, aligning with industry demands for improved cost management practices.
KW  - BIM
KW  - Lean Principles
KW  - Cost Reliability
KW  - Numerical Simulation Model
KW  - Cost Management
KW  - Budget Variability.
PB  - 
T2  - Proceedings of the 33rd Annual Conference of the International Group for Lean Construction (IGLC 33)
DA  - 2025/06/02
CY  - Osaka and Kyoto, Japan
L1  - http://iglc.net/Papers/Details/2311/pdf
L2  - http://iglc.net/Papers/Details/2311
N1  - Export Date: 02 June 2025
DB  - IGLC.net
DP  - IGLC
LA  - English
ER  -