The Commercial Worth of BIM in Construction Sector

James Martin
James MartinBIM Modeler à BIM 5D Services

Building Information Modeling (BIM) is considered to be future of the construction industry. It is through this process that you can apply 3D, 4D and even 5D models for managing information throughout a building’s Lifecycle starting from design, construction management, procurement and information sharing.

The Commercial Worth of BIM in Construction Sector
-----------------------------------------------------------------------------------------------------------------------------------------
By: Nikunj Patel – AEC Engineer @ BIM 5D Services
Building Information Modeling (BIM) is considered to be future of construction industry. It is through this
process that you can apply 3D, 4D and even 5D models for managing information throughout a building’s
lifecycle starting from design, construction management, procurement and information sharing. It is the means
through which collaborative work can be done in construction sector.
Hence, BIM and construction management work hand in hand when it comes to achieving prodigious results.
According to fourth annual National
Building Specification (NBS) BIM Survey
there is growing consciousness about BIM.
Predictions are that by 2016 BIM adoption
in construction sector is likely to reach by
93%.
BIM makes it easier for all parties to focus
on project information which ensures that
everyone is following the same design
information and allowing information that
is stored, deployed & swapped through 3D
models easily for betterment.
 Better management of buildings
 3D models help you to detect
clashes and issues easily
 BIM process leads to more
sustainable and cost-effective
buildings
BIM Technology For Construction Offers Various Benefits:
 Internal Benefits: Business benefits that are primarily targeted towards the contractor that is utilizing
BIM.
Internal BIM Benefits Top Two Regions
All
Regions
Enhancing your organization's image Brazil - 41% Aus / NZ - 40% 32%
Marketing new business South Korea - 31% Japan - 27% 19%
Increased profits France - 39% Japan - 27% 14%
Offering new services South Korea - 26% Japan - 17% 14%
Maintaining repeat business France - 32% UK - 19% 13%
Enhancing your organization’s image, increased profits & maintaining repeat business are the top three internal
benefits BIM construction has to offer.
 Project Benefits: Benefits that boost project workflows and processes between the associated parties in
the BIM project
It has been observed that contractors in all regions have a major disclosure to make, i.e., projects are benefiting
directly from BIM, wherein reduced errors and omissions score the highest among all the BIM benefits with 41%.
Reduced rework is also one of the major benefits as it can have a direct impact on the overall project cost and
duration. It also has a positive effect on overall efficacy of the project delivery procedure.
 Process Benefits: Benefits that augment project workflows and processes between the associated
parties in the BIM project
The knack of contractors to collaborate more effectually with owners / design firms is the top benefit among
process-related BIM benefits. It has also been observed that better cost control and predictability is a crucial
benefit that can impact project delivery positively. Faster cycle times of workflows along with client and
regulatory approvals are still at an infant stage with only 22% of German and 20% of Japanese contractors
considering them as a chief benefit.
Indisputably, BIM has the capability of providing comprehensive makeover by assisting a construction project to
shift from design desks to physical veracity.
The advantage of BIM can be gauged from the fact that it trims irrelevant data, expunges communication gap
and noise, sustains up-to-date information, fetches operational efficacy, mends synchronization amongst
departments and offers a comprehensive adeptness to the unabridged life of the project.
For more information please visit http://www.bim5dservices.com/cost-estimation.php
Project BIM Benefits Top Two Regions All Regions
Reduced errors and omissions South Korea - 63% Canada - 51% 41%
Reduced rework US - 40% UK - 35% 31%
Reduced construction cost Brazil - 46% Canada - 33% 23%
Reduced overall project duration Germany - 38% France - 35% 19%
Improved safety Germany - 22% Aus / NZ -16% 7%
Process BIM Benefits Top Two Regions All Regions
Collaborate with owners / design firms US - 45% France - 35% 35%
Better cost control / predictability Germany - 44% Brazil - 31% 21%
Reduced cycle time of workflows Canada - 18% Japan - 17% 10%
Faster client approval cycles Germany - 22% Japan - 20% 9%
Faster regulatory approval cycles Germany - 22% France - 16% 6%
Company Address:
BIM 5D Services
Hi-Tech House
B/H, V-Murti Complex, Nr. Gurukul Tower, Gurukul,
Ahmedabad-380015, Gujarat, India
Voice (India): +91-794-000-3252
Website: http://www.bim5dservices.com
Email: info@bim5dservices.com
Copyright © 2014 by BIM 5D Services - All Rights Reserved.

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The Commercial Worth of BIM in Construction Sector

  • 1. The Commercial Worth of BIM in Construction Sector ----------------------------------------------------------------------------------------------------------------------------------------- By: Nikunj Patel – AEC Engineer @ BIM 5D Services Building Information Modeling (BIM) is considered to be future of construction industry. It is through this process that you can apply 3D, 4D and even 5D models for managing information throughout a building’s lifecycle starting from design, construction management, procurement and information sharing. It is the means through which collaborative work can be done in construction sector. Hence, BIM and construction management work hand in hand when it comes to achieving prodigious results. According to fourth annual National Building Specification (NBS) BIM Survey there is growing consciousness about BIM. Predictions are that by 2016 BIM adoption in construction sector is likely to reach by 93%. BIM makes it easier for all parties to focus on project information which ensures that everyone is following the same design information and allowing information that is stored, deployed & swapped through 3D models easily for betterment.  Better management of buildings  3D models help you to detect clashes and issues easily  BIM process leads to more sustainable and cost-effective buildings BIM Technology For Construction Offers Various Benefits:  Internal Benefits: Business benefits that are primarily targeted towards the contractor that is utilizing BIM. Internal BIM Benefits Top Two Regions All Regions Enhancing your organization's image Brazil - 41% Aus / NZ - 40% 32% Marketing new business South Korea - 31% Japan - 27% 19% Increased profits France - 39% Japan - 27% 14% Offering new services South Korea - 26% Japan - 17% 14% Maintaining repeat business France - 32% UK - 19% 13%
  • 2. Enhancing your organization’s image, increased profits & maintaining repeat business are the top three internal benefits BIM construction has to offer.  Project Benefits: Benefits that boost project workflows and processes between the associated parties in the BIM project It has been observed that contractors in all regions have a major disclosure to make, i.e., projects are benefiting directly from BIM, wherein reduced errors and omissions score the highest among all the BIM benefits with 41%. Reduced rework is also one of the major benefits as it can have a direct impact on the overall project cost and duration. It also has a positive effect on overall efficacy of the project delivery procedure.  Process Benefits: Benefits that augment project workflows and processes between the associated parties in the BIM project The knack of contractors to collaborate more effectually with owners / design firms is the top benefit among process-related BIM benefits. It has also been observed that better cost control and predictability is a crucial benefit that can impact project delivery positively. Faster cycle times of workflows along with client and regulatory approvals are still at an infant stage with only 22% of German and 20% of Japanese contractors considering them as a chief benefit. Indisputably, BIM has the capability of providing comprehensive makeover by assisting a construction project to shift from design desks to physical veracity. The advantage of BIM can be gauged from the fact that it trims irrelevant data, expunges communication gap and noise, sustains up-to-date information, fetches operational efficacy, mends synchronization amongst departments and offers a comprehensive adeptness to the unabridged life of the project. For more information please visit http://www.bim5dservices.com/cost-estimation.php Project BIM Benefits Top Two Regions All Regions Reduced errors and omissions South Korea - 63% Canada - 51% 41% Reduced rework US - 40% UK - 35% 31% Reduced construction cost Brazil - 46% Canada - 33% 23% Reduced overall project duration Germany - 38% France - 35% 19% Improved safety Germany - 22% Aus / NZ -16% 7% Process BIM Benefits Top Two Regions All Regions Collaborate with owners / design firms US - 45% France - 35% 35% Better cost control / predictability Germany - 44% Brazil - 31% 21% Reduced cycle time of workflows Canada - 18% Japan - 17% 10% Faster client approval cycles Germany - 22% Japan - 20% 9% Faster regulatory approval cycles Germany - 22% France - 16% 6%
  • 3. Company Address: BIM 5D Services Hi-Tech House B/H, V-Murti Complex, Nr. Gurukul Tower, Gurukul, Ahmedabad-380015, Gujarat, India Voice (India): +91-794-000-3252 Website: http://www.bim5dservices.com Email: info@bim5dservices.com Copyright © 2014 by BIM 5D Services - All Rights Reserved.