4D BIM and 5D BIM technologies are revolutionizing the construction industry. Governments in several countries across the globe have authorized Building Information Modeling adoption for professionals in the Architectural, Engineering & Construction industry. Implementing the new BIM trend helps in an efficient deployment of resources, designing, planning, and decreasing rework during the construction process.
What is 5D Building Information Modeling or 5D BIM?
5D BIM for construction comes as a successor to 4D BIM time scheduling, integrating design with estimates like cost and encompassing the production of quantities through bills of quantities or quantity takeoff (BOQ/Bills Of Materials), rate of development and overall costs. The integrated information-rich 3D BIM models with additional dimensions of 4D construction scheduling and 5D cost estimation ensure improved management of change orders on project costs and scheduling. Integrating cloud technology with Building Information Management facilitates stakeholders to access data from anywhere on any device.
Benefits of 5D BIM Cost Estimation/ Monitoring for Construction projects:
Improved Cost Estimates:
Adopting 5D BIM technology, the exact quantity of various components of buildings are produced, enveloping a high level of detailing from 3D BIM Models. The manufacturing details generated can be compared with the existing purchasing rates for estimating the entire cost of the building. If a project management company requires clash detection, quantity takeoffs, and scheduling during construction, Building Information Modeling (BIM) with LOD 500 as per AIA standards can facilitate MEP, Architectural & Structural services. Revit & Navisworks as BIM 5D modeling software platforms, can produce an accurate cost estimate, leading to smoother construction operations.
Accurate Quantity Takeoffs:
Usually, cost estimators for construction spend around 50% to 80% time in generating quantity takeoff for cost estimations. This same estimation process when automated helps to reduce human errors, by saving cost and time. Consequently, with more time on hands, cost estimators can emphasize other vital facets of the project like evaluating financial risks, detecting construction assemblies and generating pricing. More than 60% of the failures of the construction industry are often caused by economic factors, due to the shortage of liquidity in daily operations. The construction problem gets resolved by BIM Clash detection associating cost information to the conventional 3D model & scheduling, called 5D cost planning. This facet lets the immediate creation of financial estimates against time, thereby decreasing the time-consuming task of computing resources and evaluating specific costs while reducing errors. Programmed Quantity Extraction as per Design Changes: While a single constituent is altered, the direct impact on the cost gets calculated automatically. Using BIM (Building Information Modeling) rather than drawings, the takeoffs, counts, and measurements can be produced directly from the underlying model. Hence, the information gets consistent with the design. Whenever a change is made in the design, the change automatically flows to associated construction documentation, schedules, takeoffs, and measurements used by the estimator.
Easy Selection of Accessible Options: Accurate cost estimates for construction, renovation/remodeling are possible while investigating design options within a fraction of time . This makes it easy for the architect to select a design option as per client requirement. Owners, contractors as well as subcontractors are facilitated during the construction project bidding phase.Cloud Data Access from anywhere: Integration of Point cloud technology to BIM facilitates data access from anywhere for all project stakeholders like the contractors and project managers. Physical presence is no longer a necessity on the construction site. The coordination with teams on schedules or making changes in design or plans in an improved way is possible from distance.
When to Adopt 6D Building Information Modeling or 6D BIM?
The next step in the ladder of Building Information Modeling after 5D cost planning is 6D Building Information Modeling , which provides information about operational and facility maintenance, enabling an improved understanding of the entire asset lifecycle together with the construction cost. The additional information encompasses details on the component manufacturer, installation & maintenance, decommissioning and energy performance throughout the lifespan, enabling improved BIM facility management about cost and sustainability. IoT data-driven scheduling tools such as IBM Maximo & Watson IOT provide real-time weather data and manage work orders. By merging cost data with scheduling in BIM 360 cloud platform, project stakeholders can track cost and on-site data in real-time on any device at any point in time, enhancing productivity, site safety & project management and enabling informed decision making to meet unpredictable situations during construction.Check out more on how 5D BIM helps Architecture, Engineering, Construction professionals during the pre-construction stage and the early phases of design making. Call Tejjy Inc. at 202-465-4830 or email firstname.lastname@example.org to discuss your BIM 5D Cost Estimation or 5D Construction in Washington DC, Virginia, Baltimore, Maryland MD, Richmond, Delaware, Philadelphia, New Jersey NJ, New York NY, USA.