Exploring the synergies between Life Cycle cost / Whole Life Cost and Building Information Modeling: A Systematic Literature Review

Abstract Life Cycle Costing (LCC) is a cost estimating approach for project and asset planning delivery that considers the direct indirect costs incurred over entire life cycle of an asset. This can be expanded to concept Whole Cost (WLC), which additionally externalities benefits. WLC demonstrate financial impacts, both positive negative, on its environment, in other words it show complete value. Despite potential, still perceived as complex because, among things, access data difficult not supported by standardized methodology. Building Information Modeling (BIM) could used address these issues BIM are deemed complementary. provides with better management, improved calculation accuracy visualization impacts. In return, improves understanding, decision making reinforces thinking. paper aims study potential synergies between through systematic literature review. The identification helped form frame reference understand opportunities this combination offer. Future studies would needed explore application at different scales identify context most beneficial.