Infrastructure Asset Management (InfraAM)/Facilities Management (FM) which deals with infrastructure maintenance, repair, and rehabilitation needs an urgent focus on technology-based solutions. This can be done by implementing digital technologies, like Building Information Modelling (BIM), that can help in 3D visualization, 4D scheduling, 5D costing, 6D sustainability, and 7D FM throughout the service life of the project. However, BIM's implementation undergoes various challenges and to understand the critical challenges, a systematic literature review (SLR) was conducted using 89 peer-reviewed papers from three databases, and quantitative and qualitative analyses were performed. The literature revealed the critical challenges (CCs) and success factors (SFs) that influence BIM implementation for FM but lacks an interrelationship between them. Hence, the current study linked various CCs and SFs through a theoretical approach. The study found that the role of government and contractual frameworks can help to eliminate the majority of the challenges. This novel approach could provide significant contributions by helping practitioners and policymakers understand the connections between CCs and the role of SFs as potential solutions for enhancing BIM implementation for FM.