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BIM 501: Model-Based Estimating

Expanding upon our curriculum from the BIM 101, 201, 301, and 401 Workshops, Vico presents BIM 501: Model-Based Estimating

What: A free online webinar
How: Register today at https://www1.gotomeeting.com/register/764319241

5D estimating starts with a robust construction-caliber quantity takeoff. With these construction quantities, you can drive a precise estimate and schedule. And with the easy visualization of the model, you can quickly see which elements have been costed already, and which elements still need attention. And it also allows Owners to see which/how areas of the building are contributing to the total cost of the building.

The estimate lives and breathes throughout the project as the design moves through iterations. As the level of detail increases in the model, the estimate hones in on the final number.

A BIM model that contains the 3D geometry, the 4D schedule, and the 5D costing information looks exactly like a 3D model. It just so happens that if you click on any element within the building, you see its costing data, the quantities, the specifications, etc. With this depth of information, you can ask the model: how would the cost and schedule change if we substituted glass block for walls, or upgraded the lobby tile floor, or alter the pitch of the roof?

Ultimately, it is the BIM’s job to facilitate the collaboration between the Owner, the Architect, the General Construction, and the Subcontractors. By providing a data-rich highly-visual picture of the project, all the stakeholders can work together towards the common goal: a project delivered on-time, on-budget, and with high quality.

You’ll want your modelers, schedulers, and estimators to attend this event if:

1.) You’re interested in a tool that derives precise, construction-caliber quantities, based on the geometry from Tekla, Revit, and ArchiCAD models.

2.) You’re interested in providing far more accurate estimates and schedules.

3.) You’re interested in quickly accessing the multiple quantity types in the model and customizing their specific calculations to account for consumption rates, waste factors, and conditions.

4.) You’re interested in working better with subcontractors, negotiating mutually-beneficial contracts when the scope is clear.

We’ll focus on these issues, plus demonstrate how Vico Office’s quantity takeoff algorithm looks at each piece of geometry within the 3D BIM, calculates their properties (such as surface area, volume, etc.). The model geometry analysis algorithms can even determine the sides of the elements (for example “top of slab”) and use the boundaries to calculate quantities such as “net surface area.” This type of analysis is much more intuitive than simply counting windows and doors, floors, ceilings, and walls, and produces a much more detailed quantity takeoff. These quantities now drive more precise estimates because the estimator knows exactly what to cost.

What: A free online webinar
How: Register today at https://www1.gotomeeting.com/register/764319241

And as with all our Fridays with Vico sessions, we’ll include case studies, ROI, and plenty of time for Q&A.

Other courses in this series include:

BIM 101 - an overview of the 2D through 5D process, including layouting and production control

BIM 201 - a discussion of new coordination methodology that includes both space and time elements

BIM 301 - a course outlining the latest BIM contract language and addendums

BIM 401 - an overview of model-based scheduling

BIM 502 - an advanced course tying the model progression specification to the conceptual estimate, creating an evolving cost plan

BIM for Executives - a course for designed for executives to help them market BIM strategies internally and externally, as well as better understand the dollar investment

Learn from your peers with your peers at Fridays with Vico.

See highlights of this Fridays with Vico episode on the video clip below. If the content is meaningful to you and your BIM Team, please watch the entire archived movie via the link above.

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