A Co-Ordinated BIM System to Track the Time and Cost of the Construction Projects

Abstract

Now a day the construction industries are facing many problems due to improper planning and time and cost overruns. This has made to discuss how it could be improved. Many techniques have been raised in recent times one of them is Earned worth administration (EWA), which gives better administration of time and cost requirements. BIM is an approach where it improves the arrangement and improvement stages of a venture plan. Here the scheduling, quantity takeoff, representation module, and earned worth administration platform play a vital role in tracking the project as per the actual planning of the project and avoiding time delay and cost overrun, then with the final updated architectural model the 5D building architectural model with reference to the time and cost is setup and keeps on updating as the calendar of the project gets updated, by incorporating this tool of the integrated system properly into the construction practice the above said problems of cost and time overruns can be overcome.