Theoretical aspects of optimizing information and communication costs in construction activities based on digital technologies
DOI:
https://doi.org/10.32347/2707-501x.2024.54(2).92-104Keywords:
information and communication costs, digital technologies, construction activities, optimization, digital transformation, economic efficiency, cost management, competitivenessAbstract
In the current conditions of digital transformation of the economy, construction enterprises face the necessity of optimizing information and communication costs, which directly affect their efficiency, competitiveness, and resilience. The study emphasizes the theoretical aspects of managing such costs, which are considered as a strategic resource for the development of construction activities. Expenditures on information and communication technologies form the foundation of a company’s digital infrastructure, ensuring effective management, quality control, process monitoring, and operational transparency.
Optimization of information and communication costs is related not only to economic approaches but also to the integration of modern digital technologies, such as cloud platforms, project management systems, ERP solutions, artificial intelligence, and Big Data analytics. The paper highlights that expenditures on information and communication resources should be viewed not as passive, but as active investments capable of generating long-term added value.
Particular attention is paid to analyzing the efficiency of distributing these costs in the context of building digital ecosystems in the construction industry. The study evaluates opportunities to reduce unproductive expenditures, increase labor productivity, and minimize risks arising in the use of information systems. Approaches to cost modeling are considered, taking into account both direct and indirect benefits of digitalization, including the reduction of administrative expenses, acceleration of managerial decision-making, and improvement of forecasting accuracy.
The research substantiates that strategic management of information and communication costs is an essential factor for the sustainability of construction companies in a highly competitive environment. Digital tools allow the creation of integrated control systems, where expenditures correlate with performance outcomes. In the long-term perspective, optimization of these costs contributes not only to resource savings but also to the formation of competitive advantages in the market. Thus, the development of theoretical aspects of optimizing information and communication costs in construction activities based on digital technologies represents a relevant scientific task with significant practical potential.
References
Porter, M. E., & Heppelmann, J. E. "How Smart, Connected Products Are Transforming Competition". – Harvard Business Review, 2014. – Vol. 92(11). – [Electronic resource]. – Access mode: https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition
Melnyk, O. H. Information and Communication Systems in the Construction Project Management. Monograph. Lviv: Lviv Polytechnic Publishing House, 2020. – 286 p.
Eastman, C., Teicholz, P., Sacks, R., & Liston, K. BIM Handbook: A Guide to Building Information Modeling for Owners, Designers, Engineers, Contractors, and Facility Managers. – Book. – Hoboken: Wiley, 2018. – 704 p.
Williamson, O. E. The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting. – Book. – New York: Free Press, 1985. 450 p.
Coase, R. The Nature of the Firm". Economica, 1937. 4(16). 386–405.
Chupryna, Yu., Petrenko, H., Hrynenko, I., Nikolaieva, M., Pokolenko, V., & Savchuk, T. (2021). "Methodological Regulation and Analytical-Information Support of Process-Oriented Management in the Modern System of Construction Development". – Management of Development of Complex Systems, (48), 125–134.
Ghassemi, R., & Becerik-Gerber, B. "Transitioning to Integrated Project Delivery: Potential Barriers and Lessons Learned". – Lean Construction Journal, 2011. URL: https://www.leanconstructionjournal.org
Turkiyyah, G., & Fadoul, F. "Managing Information Flow in Construction Projects through Digital Platforms". – Procedia Engineering, 2015. – Vol. 123. – P. 614–621.
Rahman, H., & Rahman, A. "Building a Sustainable Information Infrastructure for Construction: A Process-Oriented Perspective". – International Journal of Project Management, 2016. Vol. 34(7). P. 1393–1405.
Müller, R., & Turner, R. Project-Oriented Leadership. – Book. – Farnham: Gower Publishing, 2010. – 224 p.
National Institute of Building Sciences. National BIM Standard – United States® Version 3. Standard. – Washington, DC: NIBS, 2015. – [Electronic resource]. – Access mode: https://www.nationalbimstandard.org
Lu, Y., Wu, Z., Chang, R., & Li, Y. "Building Information Modeling (BIM) for Green Buildings: A Critical Review and Future Directions". – Automation in Construction, 2017. – Vol. 83. – P. 134–148.
Hardin, B., & McCool, D. BIM and Construction Management: Proven Tools, Methods, and Workflows. Indianapolis: Wiley, 2015. – 432 p.
Khomenko, O., Petrenko, H., Ryzhakova, H., Petruha, N., Chupryna, Yu., Malykhinа, O., & Kushnir, O. (2022). "Modern Tools and Software Products for Administration of Construction Organizations under Transformation of Operational Management Systems". – Management of Development of Complex Systems, (52), 113–125.
Rezgui, Y., Beach, T., & Rana, O. "A Governance Approach for Information Management in Building Projects". – Advanced Engineering Informatics, 2013. – Vol. 27(1). – P. 62–79.
Khosrowshahi, F., & Arayici, Y. "Roadmap for Implementation of BIM in the UK Construction Industry". – Engineering, Construction and Architectural Management, 2012. – Vol. 19(6). – P. 610–635.
World Economic Forum. Shaping the Future of Construction: A Breakthrough in Mindset and Technology. – Report. – Geneva: WEF, 2016. – URL: https://www.weforum.org/reports/shaping-the-future-of-construction
Downloads
Published
How to Cite
Issue
Section
License

This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).