Abstract:
Main purpose of any project is to complete the project within triple constraints time, cost and scope. However, many construction projects fail to complete within the appropriate time and budget .This all because of the lack of planning and Risks management and lack of control over the information of the project during the project life cycle. The risks can be managed with proactive approach. Building information modeling is new way of doing project. Implementation of BIM in construction industry promises to improve communication and collaboration. This allows decision makers to assess the chance of occurrence of the risk in project and also show its impact on the project in an organized way. This helps to make risks explicit and control them. BIM gives a 3D model of 2D drawings of the entire project and then incorporates scheduling of activities and cost, which makes it a 5D model. Development of the 3D model helps in visualization of the project and all parties get clearer idea about the scope. This helps in defining a path which led to the successful completion of the project. This is a systematic way to know about the risks and the problems in the project. After getting knowledge about the risk in the early stage of the project it helps to plan to deal risks. This helps to reduce conflicts in the project as well. Studying risks management through traditional way and through modern way i.e. using BIM there is clear difference between them. Traditional is reactive approach and BIM is proactive approach to deal risks in the projects. This research was aimed at differentiating between the workability and efficiency of traditional and BIM based risks management. The project analyses the suitability of using such tools to improve the construction process.
