2013•Advanced materials researchRequires access

Analysis on the Advantage of the Application of BIM by Contractor in the Project Cost Management

Hua Liu

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Abstract

How to improve the competitiveness of Chinese contractors by effective cost management is an urgent and important issue.With the unified BIM platform,automatic calculation,powerful data managing ability,visualization and multi-dimensional simulation of construction,BIM significantly affects the six phases of the contrators,namely, cost management of cost forecasting,cost planning,cost control,cost accounting,cost analysis and cost assess,which improves the ability of cost management of contractor obviously,and significantly enhance its competitiveness.

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What this paper is about

How to improve the competitiveness of Chinese contractors by effective cost management is an urgent and important issue.With the unified BIM platform,automatic calculation,powerful data managing ability,visualization and multi-dimensional simulation of construction,BIM significantly affects the six phases of the contrators,namely, cost management of cost forecasting,cost planning,cost control,cost accounting,cost analysis and cost assess,which improves the ability of cost management of contractor obviously,and significantly enhance its competitiveness.

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Available abstract

How to improve the competitiveness of Chinese contractors by effective cost management is an urgent and important issue.With the unified BIM platform,automatic calculation,powerful data managing ability,visualization and multi-dimensional simulation of construction,BIM significantly affects the six phases of the contrators,namely, cost management of cost forecasting,cost planning,cost control,cost accounting,cost analysis and cost assess,which improves the ability of cost management of contractor obviously,and significantly enhance its competitiveness.

Key concepts: Cost accounting, Cost control, Product cost management, Cost engineering, Visualization, Control (management), Cost analysis, Business

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