Dive Brief:
- Contractors have no doubt that building information modeling makes them better and has excellent payback, according to a newly published survey that reports on BIM use in several countries, including the U.S. and Canada.
- The companies have reduced errors and omissions and improved coordination of trades, McGraw Hill Construction found.
- The return companies get on their investment in BIM goes up the more intensively they use it in their operations, the study concluded.
Dive Insight:
Two of the findings that McGraw Hill emphasized were half of the contractors that had what the report termed "very high BIM engagement" had returns on BIM investment of more than 25%, and that the same group saved them money by "significantly" reducing rework on projects.