BIM Based Planning for Time and Cost Optimization with Power BI

Aditya Mane, Dr. Sumedh Mhaske

Abstract: Construction projects frequently encounter delays and cost overruns due to internal and external factors. Traditional scheduling methods often struggle to manage the vast amount of heterogeneous and dynamic data generated throughout a project's lifecycle. This fragmented data makes visualization and informed decision-making challenging for stakeholders. This research proposes a novel methodology to bridge this gap by leveraging Building Information Modeling (BIM) for 4D (time) and 5D (cost) tracking, along with Power BI for data visualization. The proposed methodology employs Autodesk Revit for creating 3D models, Microsoft Project for scheduling activities, Navisworks Manage for 4D and 5D progress tracking, and Power BI for constructing project dashboards. This approach enables visualization of project progress over time (4D) and cost prediction at any stage. Power BI dashboards further facilitate data analysis of key project parameters and performance indicators, leading to improved decision-making. By implementing this methodology, construction projects can achieve better data analysis and visualization, potentially mitigating significant delays and cost overruns. The research demonstrates the efficiency and practicality of this approach through its application to a road construction project by Aurangabad Public Works.

Keywords: Power BI, Dashboard, BIM (Building Information Modeling), 4D (Time) Tracking, 5D (Cost) Tracking