Building information modeling (BIM) is one of the more promising developments in the architecture, engineering, and construction fields.
It is changing the way contractors and engineers do business, but its application is still relatively new and there is much to learn.
One way to learn is from observing how other businesses are using BIM and their trials and tribulations along the way. BIM was introduced over a decade ago mainly to distinguish the information-rich architectural 3D modeling from the traditional 2D drawing.
It is being acclaimed by its advocates as a lifesaver for complicated projects because of its ability to correct errors early in the design stage and accurately schedule construction.
Although over recent years, the term “building information modeling” or “BIM” has gained widespread popularity, it has failed to gain a consistent definition.
According to Patrick Suermann, PE, a National Building Information Model Standard (NBIMS) testing team leader, “BIM is the virtual representation of the physical and functional characteristics of a facility from inception onward. As such, it serves as a shared information repository for collaboration throughout a facility's life cycle.”
The National Institute of Building Sciences (NIBS) sees it as “a digital representation of physical and functional characteristics of a facility…and a shared knowledge resource for information about a facility forming a reliable basis for decisions during its life cycle, defined as existing from earliest conception to demolition.”
But generally speaking, BIM technology allows an accurate virtual model of a building to be constructed digitally. Completed computer-generated models contain accurate and well-defined geometry and pertinent data required to facilitate the construction, fabrication, and procurement activities necessary to realize the final building.
fundamentally everything is still good, performance wise it's still good.Best of all it is trading way below the net asset value of 1.22.& very very low PE ratio.& still making profit....mind you all not many companies can make profit in an environment like now.
Market & business confidence are gradually recovering, recovery in domestic-oriented sectors will drive the improving growth trajectory, as practically all economic and social sectors return to normalcy
Seems everyone is looking good for the new minister. Hopefully Market will bring up by his lead. We knew that he is a very powerful lawyer but how about housing development and construction ?
If compare PN with PH. Most of the people having knowledge will go for PH. No said more educated, but most of is working in cooperate field which is more convincing if compare with PN. Ngor Kor Ming at Perak is famous to solving small case to people at perak at well known. therefore his support is getting higher and higher yoy. Conclusion I think big shark will collaborate with him and come out something big soon.
Every time somebody say market is dying, turn out they are wrong... market is unpredictable and observing and waiting for signals are often the best play...
Ages already started to dip their foot on other venture, like the smart vending machine venture with kobena. Even if things go real bad on the construction side, Ages are going to manage to dodge the danger..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SengGor1011
219 posts
Posted by SengGor1011 > 2022-11-30 13:17 | Report Abuse
president xi da best, may the pink pink power overflow in market