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5D BIM in construction is an element or dimension of cost estimation added to 4D BIM. Cost and time are two important factors for owners to build complex buildings, facilities, and infrastructure. Check out this article to know what are the roles of 5D BIM cost estimation in construction.

The growing use of BIM points to the fact that it has succeeded in providing effective output across construction phases. Not only that, but BIM is also advantageous pre and post-construction for designs and facility management respectively. With a significant reduction in materials waste, reworks, and reduced project timelines, it has empowered AEC professionals in bringing down the overall cost of construction, approximately 20%.