BIM Economics: Net Savings and Return on Investment
Data from 10 selected US based projects is presented in Table 2 to illustrate the net BIM savings and BIM return on investment (ROI)
As evident from Table2, the BIM return on investment (ROP) for different projects varies from 140% to 39900% Due to the large data spread, it is hard to conclude a specific range for BIM ROI. The probable reason for this spread is varying scope of BIM in different projects. In some projects, BIM savings were measured using ‘real’ construction phase ‘direct’ collision cost avoidance, and in other projects, savings were computed using ‘planning’ or ‘value analysis’ phase cost avoidance. Also, note that none of these cost figures account for indirect, design, construction or owner administrative or other ‘second wave’ cost savings that were realized as a result of BIM implementation. Hence the actual BIM ROI can be far greater than reported here.