BIM has advantages throughout the life cycle of a project, but for Owners there are multiple long-range benefits to be gained. Financial savings from a total project cost perspective is likely the most attractive benefit for owners. Where do these savings come from? Many places!

Using BIM allows owners to look into the future and see what will actually be delivered in the form of a 3D model; the result is less change orders during construction, usually caused by clashes in building systems. Better design quality; buildings perform better through systems coordination and engineering analysis, allowing longer term operational efficiency. Scheduling (4D) and costing (5D) during the construction process are fully integrated within a BIM model, helping owners to make sound decisions based on multi-faceted, accurate real-time information.

Schedule compression created through the use of digitally assisted and off site fabrication helps create huge interest savings; BIM helps owners save money by delivering projects earlier. If a new opportunity for a project arises in the construction process, 3D modeling can help assess the merit of such a proposal. At the end of a project the owner has a comprehensive digital model of the building systems and components, which will aide in the handover process and or facility management.

In short, owners will gain tremendous efficiency and as a result improved profits.