How 5D BIM is Creating Better Outcomes on Construction Projects
5D BIM is a five-dimensional way of showing the physical and functional aspects of any project. 5D adds the element of cost to the already existing time management and Common Data Environment (CDE) components of information sharing in construction. When performed correctly, 5D BIM can optimize a project, impact schedule and cost, and ultimately save margins.
However, most solutions today are not purposebuilt for 5D, and instead are a collection of data and solutions that only give a snapshot of scheduling, cost and ultimately a fake representation of reality. This is in part why more than 90% of construction projects continue to be delivered over budget and past deadline.