BIM-based Repair&Replacement (R&R) Cost Estimating Process

BIM and Cost Estimating

This white paper explores how the reliable information held within a building information model can be used to support cost estimating. The paper outlines approaches used to link BIM and costing solutions, and then provides examples of firms who are using Revit software products in conjunction with various cost estimating solutions, offering insight as to how information from BIM is benefiting ...

Developments in Cost Estimating and Scheduling in Bim Technology

The Development Process of a Cloud–based Bim Governance Platform

Cloud technologies are considerably utilised in BIM research and development, with the majority of research areas targeting the facilitation of team collaboration. One major hurdle for BIM adoption are issues resulted from team collaboration e.g. data loss, ownership and legal disputes. However, an argument has been put forward to utilise cloud-based BIM governance solution that have been devel...

Expert Judgement in Cost Estimating: Modelling the Reasoning Process

Expert Judgement (EJ) is used extensively during the generation of cost estimates. Cost estimators have to make numerous assumptions and judgements about what they think a new product will cost. However, the use of EJ is often frowned upon, not well accepted or understood by non-cost estimators within a concurrent engineering environment. Computerised cost models, in many ways, have reduced the...

Estimating of Cost Price of Services at Neonatal Intensive Care Unit by Activity-based Costing

Introduction: One of the objectives of each system is cost of management and costing to help the organizations to provide high quality goods and services at a competitive environment. The present study was done to computing of cost price of hospital services at the NICU section of according to activity-based costing (ABC) method. Methods: This is a cross-sectional study. The costing of hospital...