dynamic cost projection
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Dynamic Cost Projection: Enhancing BIM-Integrated Estimation and Budgeting in Construction Projects
Abstract: In the realm of construction project management, the integration of Building Information Modeling (BIM) with dynamic cost projection tools represents a pivotal advancement. This paper explores the synergy between BIM and cost estimation, emphasizing their collective potential to revolutionize project budgeting. By harnessing real-time data and predictive analytics, BIM facilitates accurate and proactive cost projections throughout the project lifecycle. This integration not only enhances cost estimation precision but also fosters …
Published in Journal of Construction Engineering, Technology & Management · Vol. 14, Issue 2, 2024 · pp. 1–10 Read article