Comparative Analysis of Traditional Methods and Building Information Modeling (BIM) in Construction Project Cost Estimation

Building Information Modeling (BIM) has revolutionized the construction industry by providing digital images of the physical and functional aspects of the site. This article explores the use of BIM in project management and compares it to traditional methods. The study focused on parameters such as efficiency, cost, accuracy, and coordination. Research shows that BIM increases efficiency, accuracy, and coordination while reducing costs and risks. However, challenges remain, such as developing regulations and reaching consensus on requirements among stakeholders. Despite these challenges, the article concludes that BIM has the potential to transform project management.