BIM offers significant benefits for owners during all phases of a building's lifecycle. Most importantly, it identifies potential design problems prior to construction, so materials and man hours are not wasted during development. This benefit reduces costs, enhances ROI and ensures timely delivery of the project. Its bill of materials and cost-estimating functions also help facilitate lease parameters by analyzing build out and architecture change plans more accurately. Post-construction, BIM works like a visual file cabinet—providing a broad, interactive record of inventory, spatial relationships, maintenance records, building occupancy and more.

DEVELOPERS
BIM allows developers to quickly analyze project risks and benefits more accurately—and much earlier—in the development process. This greatly reduces the risk that developers assume prior to construction by spotlighting problems related to clashes created in the A/E drawings. Schematic BIMs also allow developers to visually analyze and weigh solutions to problem areas during the preliminary design process.

OWNER’S REPRESENTATIVES
Through the implementation of its 4-D component, BIM provides greater control over project timing and schedules. In addition, it enables owner’s representatives and construction managers to hold general contractors to a higher level of accountability.

GENERAL CONTRACTORS
BIM’s distinct ability to detect errors, omissions and clashes allows it be used as a collaborative, visual tool to value engineer a project as designed. In addition, it enables general contractors to hold vendors and sub-contractors to a higher level of accountability.

TENANTS
BIM serves as an invaluable tool for potential tenants throughout the development of any new or existing project. It enables tenants to visually “see” their space prior to construction—providing detailed images of spatial relationships and requirements, as well as actual residential, office or retail layouts.

LEASING AGENTS
By utilizing BIM, leasing agents can service more prospective tenants more effectively and efficiently than ever before. Through its dynamic, interactive capabilities, BIM enables leasing agents to “virtually walk through” multiple properties with prospective tenants without ever having to leave the office. This saves time and allows both parties to narrow search options based on needs and requirements more quickly.

PROPERTY MANAGERS
Property managers benefit from BIM based upon its ability to accurately catalog maintenance records, inventory, spatial layouts and occupancy. It can also play a vital role in cost-estimating for renovations and improvements.