Cost Managing with BIM can improve your turnover approval and payments up to 400%, and it can be improved even further
Traditional estimating or progress payment is a complex process and in some projects in may take 3 to 4 weeks to approve a single estimate on the jobs site.
- 1 week for the Contractor to produce
- 1 week for CM Agent to review
- 1 week for Contractor to make the corrections
- 1 additional week for signatures
This traditional process is not a collaborative process, since the Contractor does its own thing and the CM Agent does his own independently, however, applying the correct BIM process with the correct software, you can use the Model data to actually produce the estimate and review it in a single walkthrough between Contractor and CM Agent or Owner, leaving more than enough time for signatures cutting the time from 4 weeks to 1, with a potential value of 400%
Having your Model up to date is the key factor with this initiative, the quantities and the cost associated to each element must be constantly reviewed for any changes in the contract or changes in the plans.
Using visuals for color coding is also an important factor, since any color coded element has already been estimated in the past.
www.pizaconsulting.com ; firstname.lastname@example.org
Damián Pizá, is the owner of PIZA Consulting a CM firm operating in the US, Mexico and Latin America, he is a Certified Construction Manager; he studied his Masters in Construction Administration at the University of Texas at Arlington; LEED AP; OSHA +30; Member of the CMAA (Construction Management Association of America) Member of the Emergent Technology Committee
Founder of PIZA Consulting, company that specializes in developing and providing Project Management Office (PMO); Construction Management (CM Agency); Technology Services (BIM, VDC, VR, others)