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Why are Building Information Models Important?

building models
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Why are Building Information Models Important?

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Buildings cost more than they should to design, build and sustain and they take too long to deliver. We must do a better job of collaborating between the many stakeholders involved in the building process. In a recent NIST study lack of interoperability was identified as an additional cost to the owner of $15.8B annually but most in the industry feel that this number is significantly higher as the business opportunity of improved interoperability was not included. This aspect of our business can be improved greatly with better information management and business process re-engineering to create standard information exchanges between the stakeholders. This improved business model will not detract from the creative nature of facility design, but in fact profoundly improve the customer experience.

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