Financial Implication of Building Information Modelling (BIM) in construction industry of Pakistan

Abstract

Construction industry in Pakistan is growing and 2nd largest contributor in Gross Domestic Product of the country. In the recent years, there is massive growth in construction industry but it still follows conventional methods which hindering its steady progress. Building Information Modelling (BIM) is the promising technology in the developed countries that has revolutionized the working and outcome of the projects. However, in Pakistan Construction industry, it’s potential is vast but implementation is poor. It awareness in construction industry of Pakistan is minimal and only a handful of companies know about the potential of this technology. This study focuses on the investment model, the amount of money that would be needed to set up BIM culture inside the company. Furthermore, The return on investment model is based on the money that can be saved by BIM softwares, as stated by BIM experts.The comparison of the surveys and statistical analysis indicates the potential and its benefits to the construction industry of Pakistan.