Cost engineer can perform a thorough examination by analyzing drawing and costs, inspect for genuineness of data-cost links and filling in gap. Thus a cost engineer can effectively control the project cost all over a building life cycle.
BIM contains a huge database in which all the information on costs and conditions of many other related projects and geographic locations can be stored. Cost engineer/estimator can utilize these information for parametric analysis. (a procedure applied to compute project costs on a per unit basis, depending on the specific requirements of a project.
BIM can offer transparent and collaborative cost estimation to minify the time consuming, infertile characteristics of generating estimates one at a time from scratch. Collaborative cost estimation also lead to the lessening of data input errors and expensive errors of omission.
BIM empower the cost engineer/cost estimator to accustom with various projects and several estimates concurrently, securely communicate information on active projects, localized cost information, along with effortlessly establish and reprocess historical data.
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