Improved Scheduling
Using building information modeling, AEC organizations can streamline design and documentation processes and quickly update them based on new information, changes, or new site conditions. They can also better plan and communicate schedules.
This can ultimately drastically reduce or eliminate construction schedule setbacks, helping ensure on-time or early project completion.
Clarity Amongst Stakeholders and Involved Parties
Digital building information models allow for better coordination, analysis, data management, and visualization between all relevant parties. This will enable teams to share information, coordinate, plan, and update for complete inside and coordination.
Additionally, cloud capabilities of many BIM systems allow users to update information in real-time no matter where they are. That way, drawings and models can be viewed on-site and on mobile devices, ensuring up-to-date access to project information at any time.
Increased Ability to Renovate and Retrofit Projects
By offering improved collaboration with internal teams and external contractors and increased access to relevant information, building information models can allow experienced team members to work with builders, thereby providing better control and improved design execution.
Additionally, visualizations allow for better aesthetics and optimal construction decisions. This can improve initial construction and allow for better renovations and retrofit projects.
Reduced Cost and Mitigated Risk
One study by McKinsey found that 75% of companies that have adopted BIM reported positive returns on their investments. Specifically, costs can be reduced in the form of:
- Reductions in tender risk premiums
- Lower insurance costs
- Fewer variations
- Fewer opportunities for claims
- Reduced wasted and unused materials
- Reduced labor costs due to better documentation and communication
- Less outdated information
Safer Construction Sites
BIM software can also help you identify potential hazards and plan your on-site logistics before you begin construction. Additionally, a robust BIM offers visual risk analysis and safety evaluations. This can help avoid physical risks and ensure safety throughout a project's execution.
Increased ROI
Using building information modeling, you can avoid many AEC costs, including:
- Interoperability costs, including the cost of manual data entry and data duplication
- Delay costs like lost revenue and idled employees
- Operation and maintenance costs, like lower staff productivity and the cost of information verification.
You can also experience savings in F.M. with tenant chargebacks and understand what assets you have.