Tag Archive: BIM

When used properly by experts, Building Information Modeling (BIM) can drive more accurate construction cost estimating, provide critical data on the potential cost of repairs or renovations, expedite project completion, facilitate communication and collaboration on the project, and help manage risk.

BIM (building information modeling) is a well-recognized tool for the support of construction cost estimation, but problems arise when the data rendered by BIM is not tempered by the knowledge and critical thinking of skilled professionals with real-life experience.

Building Information Modeling (BIM) helps provide accurate cost estimations and other important information — but only when used in conjunction with on-the-ground experts who both understand BIM software and have trade experience within the construction industry.

Cost estimation is a vital process in the construction business that can determine the success of a project. In this article, we review six construction estimating pitfalls to avoid for greater accuracy.