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Open Access
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Yamini N. Deshvena, Raju R. Kulkarni,
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- Assistant professor Civil Engineering Department, Shri Shivaji Institute of Engineering & Management Studies, M.S. India, Civil Engineering Department, Shri Shivaji Institute of Engineering & Management Studies, M.S. India
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Abstract
nIn the realm of construction project management, the integration of Building Information Modeling (BIM) with dynamic cost projection tools represents a pivotal advancement. This paper explores the synergy between BIM and cost estimation, emphasizing their collective potential to revolutionize project budgeting. By harnessing real-time data and predictive analytics, BIM facilitates accurate and proactive cost projections throughout the project lifecycle. This integration not only enhances cost estimation precision but also fosters informed decision-making, resource optimization, and risk mitigation. Through case studies and industry examples, this study illuminates the transformative impact of BIM-integrated dynamic cost projection on construction project management. Ultimately, it underscores the imperative for stakeholders to adopt these technologies to achieve enhanced efficiency, cost control, and project success.
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Keywords: Building Information Modeling (BIM), dynamic cost projection, construction project management, cost estimation, predictive analytics
n[if 424 equals=”Regular Issue”][This article belongs to Journal of Construction Engineering, Technology & Management(jocetm)]
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nn[if 992 equals=”Open Access”] Full Text PDF Download[/if 992] n
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Browse Figures
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References
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1. Eastman C, Teicholz P, Sacks R, Liston K. BIM handbook: A guide to building information modeling for owners, managers, designers, engineers, and contractors. 3rd ed. Hoboken (NJ): John Wiley & Sons; 2018.
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Journal of Construction Engineering, Technology & Management
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| Volume | ||
| [if 424 equals=”Regular Issue”]Issue[/if 424][if 424 equals=”Special Issue”]Special Issue[/if 424] [if 424 equals=”Conference”][/if 424] | ||
| Received | June 19, 2024 | |
| Accepted | July 10, 2024 | |
| Published | July 11, 2024 |
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