BIM 5D Cost Management focuses on the integration of sophisticated estimating capabilities within a digital model to facilitate the automatic coordination of both design and cost management services. This synchronicity enables key stakeholders to interpret and assess the cost implications of proposed design changes in real-time through the lifecycle of the project.

In addition to this, clear visualisation of where costs are proportioned within the model encourages collaboration between different disciplines, highlighting opportunities for value engineering.

Powerful cost management software

Elvet Chartered Surveyors have invested in cost management software that enables us to harvest quantities directly from the model providing a powerful tool which produces accurate and auditable cost estimates and Bills of Quantities throughout all the stages of the project.

The benefits of this include:

• Digital take-off and data capture from both 2D and 3D geometric drawings can be directly linked to detailed project cost plans and Bills of Quantities to produce fast and highly accurate cost solutions.
• Each measurement is automatically recorded, annotated, and assigned with a unique BIM reference within the model to provide a clear audit trail.
• Variations can be quickly analysed and interpreted into cost data, which provides improved change control and informed decision making.

Our quantity surveyors use this technology to provide our cost management services on all projects whether the scheme has implemented BIM, as it provides an efficient auditable process to improve our service to clients