Thesis Abstract

Abstract
Building Information Modeling (BIM) has revolutionized the construction industry by providing advanced tools and methodologies for project planning, design, and management. This thesis explores the implementation of BIM for cost estimation and management in construction projects. The primary objective of this study is to investigate how BIM can enhance cost estimation accuracy, improve project cost control, and streamline project management processes. The research methodology involves a comprehensive literature review, case studies, and interviews with industry experts to gather data and insights on the benefits and challenges of integrating BIM into cost estimation and management practices. Chapter One provides an introduction to the research topic, including background information, problem statement, research objectives, limitations, scope, significance, structure of the thesis, and definitions of key terms. Chapter Two presents a detailed literature review that covers ten key areas related to BIM, cost estimation, and project management in construction. The literature review critically examines existing research, theories, and best practices to establish a theoretical framework for the study. Chapter Three outlines the research methodology used in this study, including research design, data collection methods, data analysis techniques, and ethical considerations. The methodology section also describes the selection criteria for case studies and expert interviews, as well as the process for data validation and reliability. Chapter Four presents a comprehensive discussion of the research findings, including insights from the literature review, case studies, and expert interviews. This chapter analyzes the benefits and challenges of implementing BIM for cost estimation and management, identifies best practices and success factors, and offers recommendations for industry practitioners. Lastly, Chapter Five provides a conclusion and summary of the thesis, highlighting the key findings, implications for practice, and suggestions for future research. The conclusion emphasizes the potential of BIM to transform cost estimation and management practices in construction projects, improve project outcomes, and enhance overall project performance. In conclusion, this thesis contributes to the growing body of knowledge on the application of BIM for cost estimation and management in construction projects. By exploring the benefits and challenges of utilizing BIM, this study provides valuable insights for industry professionals, researchers, and policymakers seeking to enhance project efficiency, accuracy, and cost-effectiveness through advanced technology and innovative practices.

Thesis Overview

The utilization of Building Information Modeling (BIM) for cost estimation and management in construction projects is a crucial aspect of modern construction practices. BIM is a digital representation of the physical and functional characteristics of a facility, providing a shared knowledge resource for information about the project. This research project aims to explore how BIM can be effectively used to enhance cost estimation and management processes in the construction industry. The construction industry is known for its complexity and the challenges associated with accurate cost estimation and efficient project management. Traditional methods of cost estimation and management are often time-consuming, error-prone, and can lead to cost overruns and delays in project delivery. By leveraging the capabilities of BIM technology, construction professionals can access real-time data, collaborate more effectively, and make informed decisions to optimize project costs and schedules. This research project will delve into the theoretical foundations of BIM and its applications in the construction industry, specifically focusing on cost estimation and management. Through an extensive review of existing literature, the project will examine the benefits of using BIM for cost estimation, including improved accuracy, enhanced visualization, and better communication among project stakeholders. The research methodology will involve a combination of qualitative and quantitative approaches, including case studies, surveys, and interviews with industry professionals. By analyzing real-world examples of BIM implementation in construction projects, the study aims to identify best practices and potential challenges in utilizing BIM for cost estimation and management. The findings of this research project will contribute to the body of knowledge on BIM applications in construction and provide valuable insights for construction professionals, project managers, and policymakers. Ultimately, the goal is to demonstrate how BIM can be a powerful tool for improving cost estimation accuracy, optimizing project management processes, and enhancing overall project performance in the construction industry.