Application of BIM Technology in Construction Project Cost Compilation

Abstract

BIM (Building Information Modeling) has gained wide acceptance in the building industry in recent years. It is changing gradually from traditional 2D representation of building product and fragmented contributions, and from the stakeholders to 3D product model and stream lined lifecycle management in the near future. This research presents an overview on the required information criterion of cost compilation in different stages. The CBIM based on IFC is proposed according to cost compilation methods using BIM, and the project cost summary process is discussed.