Faris Elghaish is a lecturer in Construction Management at the University of Portsmouth, UK. Responsibilities include the delivery of modules relating to Construction Management and BIM. He has carried out extensive research in the field of BIM, cost optimisation/automation, and decentralised systems (i.e. smart contracts). This includes the development of a centralised cost management system for IPD approach (CCMS4IPD), including: (1) developing a cost estimation tool relying on Activity Based Costing (ABC), (2) establishing an innovative cost budget method for the IPD approach that enables parties to identify their Estimated Minimum/Maximum Cash inflow at the buyout stage to support decision making, (3) creating an innovative risk/reward sharing method based on Earned Value Management and ABC to enable sharing risk/reward fairly among IPD core team members, (4) producing a visualisation tool to enable tracking the project cost graphically (EVM-grid).