BIM is innovative parametric software widely used in construction firms nowadays. This is an advanced method for sharing information, which enables all the participants in a construction project including architects, designers, engineers, contractors, etc. to collaborate and work together. As a result, the final product will be more refined, feasible and sustainable. Using BIM, the complexity of the project can be analyzed and the solutions for diverse demands and requirements can be founded in real time. In short, the developmental changes that BIM brought to the entire construction industry is tremendous.

Today the construction professionals are keen to know about the further advancements and moves of BIM, in the construction life cycle and its rewards to the industry. More than a mere 3D software: BIM is a process that enhances the information sharing among the different sectors in a construction project and facilitates better understanding about each step of the process. BIM links a 3D model to a database of associated attributes ensuring that the right information – is reaching to the right people at right time in the right format. BIM integrates all the information regarding the project from its first stage of design to the management even after the construction. New and innovative technologies in the Real Estate and Facilities management industry support BIM to ensure more efficiency in designing, construction, operation and maintenance.

The benefits BIM offers to the customers are many. Just like with the stakeholders, BIM also encourages the communication between the firm and the customers and makes the entire process more transparent. BIM has significant role in each phase of a project. If it enhances the concepts, feasibility and design it even increases the projects performance analysis and quality in the pre-construction stage. BIM innovation can possibly be utilized as a part of health and safety methods, especially those identified with tasks on construction sites even covering environmental risk mitigation. Enhanced sustainability and clash detections are some of the other benefits of BIM in construction phase.

In the post-construction stage BIM improves commissioning and optimises facility management and maintenance. It facilitates improved management of workspace through easy integration with different facility management systems and IWMS’s (Integrated Workplace Management Systems), ultimately availing eminent information assisting in effortless decision making for construction managers and leaders. BIM has turned up to be a common language amongst the construction professionals making it easier to communicate and understand the industries longing from reducing wastage of time, energy and money, to improving quality throughout asset lifecycle.

With the transforming trend, most of the construction firms have started using BIM innovation technology to work as a unified team with their consultants and deliver the best result, reducing financial risks and coping with the biggest industrial challenge of interoperability, collaboration and teaming communication.