The emergence of Digital Twin (DT) technology presents unique opportunities for society by facilitating real-time data transfer from the physical environment to its digital counterpart. Although progress has been made in various industry sectors such as aerospace, the Architecture, Engineering, Construction, and Operation (AECO) sector still requires further advancements, like the adoption of these technologies over traditional approaches. The use of these technologies should become standard practice rather than an advanced operation. This paper aims to address the existing gap by presenting a comprehensive framework that integrates technologies and concepts derived from purpose-driven case studies and research studies across different industries. The framework is designed to provide best practices for the AECO sector. Moreover, it aims to underscores the potential of DT for optimization through overseeing and digital management of the built environment across the entire life cycle of facilities, encompassing design, construction, operation, and maintenance. It is based on an extensive literature review and presents a holistic approach to outlining the roles of Building Information Modelling (BIM), Geographic Information Systems (GIS), Internet of Things (IoT), and other key enablers within the DT environment. These digital tools facilitating the simultaneous evaluation of associated benefits, such as resource savings and future prospects, like monitoring project sustainability objectives.