Economic Benefits
The major benefit of BIM is the % savings in construction costs in the execution phase and the savings in energy and maintenance during the lifetime of the building.
Some publications on the subject:
BIM methodology in a construction project could lead to cost savings of up to 25%, according to a report by Oliver Wyman. Source: Construction Labour Foundation.
“Based on the experience gained at IBG, Fraile Project and northBIM, the savings from the correct application of the BIM methodology can be between 5% and 20%, always much higher than the cost of contracting the BIM methodology.”
Other Benefits
BIM brings numerous benefits throughout the life of the building or infrastructure, from design to demolition, such as:
“The BIM methodology performs a virtual Pre-Construction where to study, analyse and solve the problems of a construction site at an early stage where costs are lower with greater manoeuvrability.”
Commercial Benefits
The exploitation phase (operation and maintenance) is the final and main phase of the asset's life cycle. It is the phase in which the infrastructure becomes operational.
This is a very important phase since, according to various studies, if the costs in the design and construction phases of a building can account for around 20-25% of its total life cycle costs, it is the remaining 75-80% that goes to this operating phase.
Once the work has been completed, we have a reliable database to manage the installation. This solves the traditional problems associated with lack of information when making renovations. The information available facilitates subsequent renovations and layout changes to improve sales and rentals.
International companies including Starbucks, WeWork, Crate & Barrel, Target, Swarovski or G-Star RAW have already opted for BIM modelling of their assets for cost-saving reasons in the operational phase..
The physical asset is given more value by having its virtual twin modelled in BIM.
