What is 5D BIM? | The B1M | Summary and Q&A

TL;DR

5D BIM is a process that involves adding cost estimation data to a BIM model, allowing cost managers to quickly and accurately determine project costs and track spending.

Key Insights

• 💁 BIM is the process of creating information models that include both graphical and non-graphical data.
• 🇨🇷 5D BIM involves adding cost estimation data to the information model, allowing for accurate cost estimates.
• 🇨🇷 Cost managers can use 5D BIM to determine quantities and costs of components, automate package cost calculations, and track spending.
• 🎚️ 5D BIM is a separate dimension of data in BIM, different from the BIM maturity levels.

Transcript

working in a BIM environment can bring many benefits to both clients and their project teams and as you've probably started to realize those benefits can extend to cost managers too in this video we're gonna talk about five DPM explaining what it is and how it can help you to give you a quick refresh BIM is the process of creating information model... Read More

Questions & Answers

Q: What is BIM and how does it relate to 5D BIM?

BIM stands for Building Information Modeling, which is the process of creating information models that include graphical and non-graphical data. 5D BIM is a specific process within BIM where cost estimation data is added to the information model.

Q: How does 5D BIM help cost managers?

5D BIM allows cost managers to quickly determine the quantity and cost of components in the information model, saving time and providing accurate cost estimates. It also helps in tracking predicted and actual spend over the course of the project, facilitating cost reporting and budgeting.

Q: Does working in a 5D BIM environment replace the need for cost managers?

No, cost managers are still essential for validation in a 5D BIM environment. Not everything in a Building Information model is modeled in 3D, and there may be 2D information or non-modeled quantities that need clarification and validation from cost managers.

Q: How does 5D BIM impact the role of cost managers?

5D BIM allows cost managers to be engaged right from the beginning of a project, enabling them to maintain a living cost plan and provide faster, more accurate cost reporting. Their contribution becomes more highly valued, and their role becomes more influential in helping teams design to budget.

Summary & Key Takeaways

• BIM is the process of creating information models that include graphical and non-graphical data in a shared digital space.

• 4D BIM involves adding scheduling data to the information model, while 5D BIM focuses on producing accurate cost estimates.

• Cost managers can use 5D BIM to determine the quantity and cost of components, automatically combine package costs, and track project spending.