NIBT Education

There is always an element of risk when a construction project is undertaken, be it the risk of cost overruns, project lags, building performance, sustainability, and more. Along these lines, adopting Building Information Modeling (BIM) can de-risk multiple areas in a project life-cycle, these challenges are observed at the design phase, construction phase, and the operational phase. Failure to adopt risk-management can lead to problems in project objectives as it influences spatial design, land-use planning, and future urban planning. Using BIM and Risk Management steps, project stakeholders can leverage the tools to generate crucial data and perform high-impact risk-analysis. For any construction project, risks are an inevitable phenomenon. To mitigate the chance of risks or adverse impact on every project lifecycle, risk management is adopted for construction project management. Risk Management can be integrated with various processes or technologies like Building Information Mode...

Managing a construction project can be quite complex as there are so many people, processes, resources, technology, etc. integrated into one package. The final goal is delivering a highly successful project to a client(s) on budget & time, whilst churning in substantial ROI or profits for subcontractors and project stakeholders.   But, getting to that milestone isn’t simple. Construction Project Planning or Construction Project Management is dependent on various parameters viz. budgeting, coordination, planning, tracking, managing, reporting, and more. In practice, a construction project manager takes the responsibility of more than 100 project responsibilities.   Whilst, all these responsibilities can make you overwhelmed, a construction project manager needs to stay composed, and be more manageable. Furthermore, technology serves as an important conduit to simplify complex processes like coordinate responsibilities, track project progress, enhance communication ...