Cost Estimation in Construction Using BIM

Cost estimation with BIM also known as BIM 5D can be done by connecting a 3D model to an estimation database (a 5D cost library).  Higher level of details can be applied to these estimates at various stages of the project.

3D models are fed with multi dimensional objects and related information about the elements of these objects - for example, the quantity and specification details.

Here, in BIM, the information about each element is associated with the corresponding geometry. Any change in the design, leads to change in geometry and hence the associated information also instantly changes (updates).

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Hiral Patel

Hiral Patel is a news editor and has been contributing to the CAD industry since last 7 years. She mainly writes about the application of BIM across Architecture, MEP and Structural, Mechanical sectors. Her focus is towards encouraging construction companies, sub-contractors and architects to adopt right technologies to improve efficiency and profitability.