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BIM as an Instrument of a Conceptual Project Cost Estimation

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Proceedings of EECE 2019 (EECE 2019)

Abstract

A conceptual stage of a construction project’s lifecycle is characterized by a high level of estimation error because of an accurate data absence. The paper provides a completed construction project budget structural analysis. It shows that major expenses are land plot purchase and a construction process itself. In case of a conceptual design, the main goal is to improve an accuracy of construction cost evaluation as a land plot price has to be determined at this moment. A Building Information Modeling (BIM) technology can be used in a cost estimation process. The research presents a step-by-step guideline based on quantities derived from a model application. First of all, a company has to select a suitable Building Information Modeling software. Then, it has to develop a BIM standard to make modeling process efficient in accordance with specific rules. After a quantities takeoff, they have to be connected to recourses’ prices database. As a result, a process of a conceptual stage budgeting becomes fast and accurate due to an automatization and a human error likelihood reduction.

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Correspondence to Anna Muratova .

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Muratova, A., Ptukhina, I. (2020). BIM as an Instrument of a Conceptual Project Cost Estimation. In: Anatolijs, B., Nikolai, V., Vitalii, S. (eds) Proceedings of EECE 2019. EECE 2019. Lecture Notes in Civil Engineering, vol 70. Springer, Cham. https://doi.org/10.1007/978-3-030-42351-3_41

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  • DOI: https://doi.org/10.1007/978-3-030-42351-3_41

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-42350-6

  • Online ISBN: 978-3-030-42351-3

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