BIM Cost Management: ROI on BIM Implemented Projects in the Construction Industry

This study investigates the return on investment (ROI) of Building Information Modelling (BIM) in the construction industry and addresses common barriers to its adoption such as high start-up costs and lack of familiarity with the technology. Despite its proven potential to improve efficiency and profitability, many firms are hesitant to implement BIM. To address this, the research emphasizes the importance of demonstrating the long-term cost savings and strategic benefits associated with BIM adoption. A comparative analysis of construction projects, one using BIM and one not, was conducted to quantify the financial impact of BIM. The findings reveal significant differences in terms of cost efficiency, project coordination and overall return on investment. In addition, the existing literature was reviewed to identify the key factors influencing ROI, including stakeholder involvement, project scale and technological investment. The results underline the capacity of BIM to deliver quantifiable value and advocate for its wider application across the sector. By closing the knowledge gap on BIM-related ROI, this study supports the transition to BIM as a standard practice and provides insights for decision makers aiming to optimize construction outcomes.