Cost Optimisation of Construction Projects using Building Information Modelling

Building Information Modelling “BIM� is becoming a better known established collaboration process in the construction industry. Many Construction firms are now investing in “BIM� technologies during Bidding, Preconstruction, Construction and Post Construction. The goal of this research is to understand the benefit of Fifth Dimension (5D) BIM in lowering the costs of structure during preconstruction phase i.e. planning stage & while construction phase i.e. execution phase. A 3D Model of a Residential Project including Luxurious Apartment and High class Amenities is developed in 3D Modelling software i.e. Autodesk Revit Architecture 2015, Database of Cost estimates and Schedule are prepared in Microsoft Project Software available commercially by Microsoft and further linked to the 3D Model of the project using Autodesk Navisworks software, Clash detection between objects is an another part shown in Navisworks which omits the design errors in the 3D Model for better accuracy in the estimation. Thus any change in the Building design can ultimately be reflected in the overall budget of the project.