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5D BIM is integrates the cost estimation ability to the BIM model in a way that any change in the design is reflects immediately in the budget. The 4D model-based project schedule integrates a series of interdisciplinary performance models which includes the structure, labor force, workflow sequence and process of the design and construction.

5D BIM is an evolving segment in the construction industry, comprehending the customary three-dimensions of a BIM with schedule as the fourth dimension and cost estimates as the fifth dimension.

5D BIM includes cost estimation related information in the project model that links the data related to accurate cost estimation and planning. It gives a positive return on investment in construction projects.