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(BIM-3692) BIM and Cost Estimation: What Will Change and What Will Remain the Same

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Level: Basic
TCM Section(s):
7.3. Cost Estimating and Budgeting
Venue: 2021 AACE International Conference & Expo

Abstract: The explosion of BIM has given rise to new real possibilities for improving the economic management of construction. Changes appear in traditional processes and roles, but new agents also enter that place BIM as an objective in itself, instead of just another component of project management. The paper develops the impact of BIM on cost estimation, showing with real examples the changes that are taking place. It also suggests how to take advantage of the new environment to improve processes and describes the knowledge and skills that will continue to be needed in construction management, no matter what happens with technology.