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The Importance Of A Better Information Exchange

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Introduction The current tendency to deal with projects associated with complex structure and an enormous amount of raw data, usually, introduced an approach defined as ‘big data analytics. ' Under the assistance of Informational communications technology tools, this procedure aims for examining the data generated from all variable factors from the project; uncovering the hidden patterns, unknown correlations, and organizing all related information for the project team to make the correct decision. The fundamental principle of various frameworks, methodologies, applications being developed from the information communication technology is in the function of a better information exchange in all project stages, which can lead to a better project outcome. As the development projects in medium and large scale chartered with complexity of architectural and engineering design, quantity estimating, process scheduling, and information management; concurrently the traditional methods of construction management cannot solve the clash which mentioned above may due to the various kinds of interrupting factors. Meanwhile, D. Bryde et al., (2012) has stated that all level development projects have the nature of fragmentation. ‘All generated information by different parties is often not retained and used on future projects.’ More importantly, there is an ever-growing generic literature emphasizing the entire tenor of ‘big data’ technology placed on the construction cost phase. In the

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