How BIM Helps in Saving The Cost Of Construction Project?

BIM Supports Construction Project In Cost Saving

When actual construction project executions start the professionals including architects, civil engineers mainly need to focus on three main aspects –

• Successful and accurate execution of work
• Complete the entire project in the allocated budget
• Deliver the project in a timely manner

In a construction project, budget and time are the two important factors. When the professionals perform all the project works, they need to keep in mind the budget range and all the tasks completion finishes within the deadline.

BIM Benefits 

BIM is a technology that is widely in use by the AEC industry professionals for generating digital 3D models for their new building project.

A BIM model generally consists of all the information related to the construction project. It assists the professionals to analyze the entire project in an efficient manner.

BIM allows professionals to prepare an effective schedule of the entire construction tasks and estimate project costs accurately.

Before the introduction of the building information modeling technology, the project budget was determined based on the professionals’ prediction. Those days, it was not possible to prepare accurate construction schedule. Hence the experts calculate the number of days required for project completion. Also, the manpower, quantities of materials and other resources manually that never matched the actual number.

As a result, the manual prediction process led to significant amount of money loss and wastage of materials. The advent of BIM and its related processes and software’s have overcome the limitation of the manual process.

How BIM helps to minimize project budget?

-Professionals can easily add the time information or 4th dimension to the building information model that helps them to prepare construction schedule and calculate the required number of days efficiently. It helps contractors to make an effective plan for the project that helps to save unnecessary expenses significantly.

-In the 3D BIM model, users can add the cost information or 5th dimension effectively. It helps them to estimate the project cost, predict necessary construction staffs, determine quantities of materials and other resources in a precise manner.

-The BIM model allows determining material takeoffs. Hence it helps to reduce the wastage of materials and save -money effectively.

Cost & Time Saving

-By executing the 4D and 5D BIM modeling process, users not only prepare the construction task schedule, they can also calculate the required number of days for completing a particular module.

Also,  the resources, as well as materials required for performing the tasks related to that particular module, are scheduled in an efficient manner. It helps to save abundance time and money significantly.

Conclusion

Hence, BIM is a very useful tool in determining project costs, material takeoffs and other required resources. It provides lots of benefits to the AEC professionals that help them to increase their productivity significantly.