Report: How can BIM improve your Return on Investment?

Building Information Modelling is being touted as the best source in order to save time and money when developing architecture projects. However, is the investment needed to get started worth it in the long run?

In her latest Line Shape Space article, Robert Silman Associates’ Kate Morrical examines various ways in which companies can check whether they are seeing a return on their BIM investment (ROI), ultimately showing whether BIM adoption was the right move for your company.

 

Morrical first identifies that its best to do your research and check how similar projects have worked or not worked. She writes:

 

“The most straightforward ROI calculation can be done with projects that share relevant characteristics: square footage, structural system, architectural scheme, even project team members. If you can eliminate or reduce the effect of those variables, then determining your improvement in efficiency can be as simple as comparing the hours spent designing one project in CAD to the hours spent designing essentially the “same” project in BIM.”

 

If your company has worked on niche projects that are unlike other examples, Morrical says to check the hours that your teams have worked in the past. Has a BIM project taken designers less time to complete than a CAD project. Weigh up those differences and see if BIM has led to a decrease or increase in work for designers and drafters.

 

To summarise, Morrical believes that focusing on specifics within a BIM workflow will be the key to evaluating whether you have seen a return on investment.

 

“BIM can provide plenty of data for you to use to evaluate its effectiveness. Not all ROI calculations will yield a positive number. But by focusing on specific aspects of BIM workflows and eliminating unnecessary information (not by fudging your numbers!), you can find where your efficiencies are and where you have room to improve your return on your BIM investment.”

 

Click here to read all of Kate Morrical’s advice.

 

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