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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 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.

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.

Integrating BIM with building automation systems is a new concept on the block. Facility mangers are exploring its benefits and utilizing it to improve the efficiency within buildings like healthcare facilities, pharmaceuticals and the like. Facility managers can use BIM in conjunction with computer aided maintenance management system to chart out an improved maintenance plan and to build an operations and maintenance tracking tool.

BIM is an information pool that can be used to effectively measure energy consumption in a building, and for material take offs and quantitative analysis of several building and construction components that are required for a construction project.