Building Information Modeling

In one of its reports, Allied Market Research (AMR) estimated a  worldwide BIM market of $11.7 billion by 2022—a compounded annual growth rate of 21.6 percent between the years 2016–2022.  The same report also revealed that Asia-Pacific is the fastest adopter of and is going to lead in BIM usage, with Europe as the second and North America as the third fastest-growing market.     Numbers like these confirm that BIM adoption is becoming more mainstream in the construction industry. By facilitating the optimum use of resources and collaboration, BIM paves the way for maximum ROI. The catch here is that even with these immense benefits, on-site BIM adoption sometimes lags in some construction companies. Let’s explore why. And what can be done to drive up on-site BIM usage? Key BIM usage challenges There’s no denying that for construction firms in some geographies, one of the reasons to implement BIM is that it is mandated. In the UK, for example, BIM ...

The accuracy of BIM Quantity Take-Off and consequently material procurement!!! If the estimation is not correct on a project, it will affect the business negatively. While underestimation of the cost leads to loss of money, the overestimation may result in failure at the bidding phase. Even though the direct victim of this issue in traditionally fixed price contracts is a contractor, the impact of poor estimation will be seen in the entire project. The typical pain areas for BoQ’s industry-wide are: As quantity take-off from   2D drafting   is not connected to the resulting BOQ dynamically, the surveying team has to take many days in order to visualize the construction of 2D drafting. Even though BOQ industry needs the cost and resource loaded schedule. It is not in the hierarchical structure of the BOQ. There are different methods to estimate cost codes and schedule resources at various levels of details. BOQ or the schedule is not the structure for cost controllin...

The USA is a global economic powerhouse with the world’s largest and most influential economy. The USA is also home to the world’s largest construction industry with a workforce of over 10 million people. It won’t be wrong to say that the construction industry is one of the pillars providing strength to the American economy. Every year, projects worth $1.3 trillion are undertaken. The stats are impressive, but perhaps, the reality is not all as rosy. Even though the US has the world’s largest construction industry, construction has become a challenging business to win in. 1.    Slow growth rate and low-profit margins One of the biggest challenges faced by the construction industry in 2019 is the decline in the profit margins. This is said to be a result of the burgeoning interest rates and equipment rental costs. The construction industry has long depended on debt. In fact, the meagre borrowing costs after the Great Recession encouraged companies to fuel expan...

Reduction in time brought about by design changes in BIM Modeling services. The major problem faced by construction industry is the inability to complete the construction projects on time and within the budget. There are several factors in construction field that lead to time and cost overrun. Poor planning and scheduling, as well as unprofessional site management of contractors, cause the delay of construction and it will result in financial loss to the owners. The important factors that lead to wastage of time are inefficient project planning and scheduling, lack of contractor experience, improper site management and supervision, incredible subcontractors, delayed delivery of materials, which could be avoided through appropriate implementation of  BIM Modeling services . Change in design by owner, delay in site delivery, a progress payment, approving design documents and performing inspection and testing and ineffective communication and coordination with other par...