Why adopt BIM ?

The Problems

Clashes in Construction

Material Wastage

Cost Increase

Missed Communication

Time Wastage

Labour Shortage

Compliance & Safety

Outdated Data

Standardisation

BIM: Return On Investment

Stanford University Center for Integrated Facilities Engineering (CIFE) figures based on 32 major projects using BIM

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Up to 40% elimination of unbudgeted change

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Up to 80% reduction in time taken to generate a cost estimate

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Cost estimation accuracy up to 3%

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A savings of up to 10% of the contract value through clash detections

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Up to 7% reduction in project time

Singapore Government  Adopt Building Information Model (BIM) to save overall cost and be the catalyst to change the construction industry

Benefits of BIM :

  • Total project constructability analysis.
  • Design and estimating as parallel and continually iterative processes.
  • Fast and accurate model-based quantity takeoffs and estimating.
  • Increased overall production efficiency and a   reduction in subcontractor costs.
  • Reduced risks for all parties via improved coordination and collaboration
  • Schedule ‘optimization’ and improved project construction control.

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