Managing construction budgets and keeping projects on schedule and on budget has traditionally been challenging across the industry. As events like the coronavirus pandemic or the Ukraine war continue to disrupt global supply chains, material costs have spiraled and deliveries have been delayed.
BIM in material selection helps project managers connect with suppliers and gain access to real-time supply chain information. While this type of access may not prevent delays entirely, it can function as an early-warning system, allowing contractors to adjust project plans or choose alternative materials. Within a few clicks, stakeholders can quickly simulate the impact of these changes and make the most informed decision possible.
Moreover, creating a digital model can bring potential problems to light before they become obvious during the actual construction process. That means contractors do not need to wait for a problem to arise. Instead, potential issues become obvious early on and can easily be prevented.
More insight on effective carbon budget management tools in this quick read.