How can time and cost be predicted for a project?
The latest developments @IPA - #ARCHTECH have already enabled the forecasting and monitoring of time and money. Here to discuss them is Radi Karmazov, Head of IPA's BIM Team.
To improve predictability during construction, most projects now use 4D and 5D BIM dimensions.
Essentially, it's when we convert our 3D model into a 5D digital model by adding these crucial elements. In order to facilitate the planning and execution of the project, time and money are presented as dimensions.
Using a construction simulation model, you can visualize and control the progress of different building activities and monitor actual vs. planned costs and time.
In 4D & 5D Construction Simulation, the focus is on optimizing the use of resources, reducing project costs, and improving overall productivity and performance.
