1 min readROI on BIM: Where is the evidence for Contractors and Sub-Contractors?

In Part 1 of our series on Return on Investment (ROI) and BIM, we reviewed the success of large scale institutional owners and stakeholders and how BIM is creating metrics that demonstrate savings achieved particularly for public projects. In Part 2 we look specifically at the Contractors and Sub-Contractors and how well BIM is returning on their investment. 

At the heart of it, BIM improves communication in an industry that’s famous for dispute rather than effective communication.

For construction contractors and sub-contractors performance improvements can be measured in the form of a reduction in variations or change orders and contingency expenditure, but the question will remain in the case of:

  • an improvement; was it due to BIM or simply a high performing team?
  • a decline; was it due to a learning curve?

 

For individual businesses that are providing construction goods and services, efficiencies in applying a new internal process can be quantified by measuring changes in the cost it incurs over time in the form of reduced hours, resources, waste and difficulties.

Many now agree that the technology is a tool to create efficiencies within…

 

david@qsxtech.com

David is a 5D Quantity Surveyor, Chair and Board Member of buildingSMART Australasia and Leadership Committee Member of Collaborate-ANZ. Specialties: Construction cost trends and strategies, collaborative design, BIM, 5D Cost Planning, high performance buildings and quantum expert opinion.