BIM and Construction Management: Proven Tools, Methods, and Workflows

4.6. BIM and Budget Management

This section of the chapter discusses the potential opportunities for BIM and how it's used in the budget management process. By updating the model throughout the prebidding process, you are able to analyze the model and produce results in the form of clash detection reports, sequencing clash reports, model updates, and archiving. In regard to bidding, a more integrated approach to design and construction would not have any portion of the project go out to bid unless it was a requirement set forth by the owner. This would mean that there isn't necessarily a bid day but rather a final spot check of the GMP, verification of subcontractor's scope, and material pricing. However, in the older, traditional approach of ...