LOD and Cost Estimations: How BIMPREST Simplifies Estimations Across LOD Levels

In the AEC industries, precise and cost estimates are critical for effective project planning and execution. The Level of Development (LOD) framework is commonly used to specify the level of complexity and accuracy of information in a Building Information Model (BIM). However, evaluating expenses at various LOD can be a difficult and time-consuming operation.
Here’s where BIMPREST comes in. BIMPREST is a strong software application that streamlines cost estimation of the BIM services across LOD levels, making it faster, more accurate, and more efficient.

Understanding LOD (Levels Of Development)

LOD range from 100 to 500, signifying progressively higher degrees of detail and accuracy in a BIM model. At LOD100, the model is fairly basic and lacks specific information, whereas at LOD500, the model is very detailed and has all necessary building and manufacturing data.
Each LOD necessitates a different amount of time, work, and resources to create and maintain. The model becomes more complicated and accurate as the LOD increases. As a result, construction experts may find it difficult to estimate prices across different levels of detail.

The Challenges of Estimating Costs Across LOD Levels

Manually estimating the service prices at different LOD levels can be time-consuming and error-prone. Construction experts frequently have to manually modify numbers, apply unit charges, and account for variations in level of detail. This approach can be time-consuming and may produce misleading cost estimates.
Furthermore, when the project continues and the LOD level changes, the cost estimates must be adjusted correspondingly. This can need more time and effort to recalculate costs and change projections.

Using BIMPREST to streamline LOD estimations

Calculating the prices for BIM services at different LOD levels becomes easier with BIMPREST. It saves time and effort for both the supplier and the client by automating the computations and revisions needed for an early cost estimate, which brings the expectations of the two sides closer together.
With BIMPREST, experts can easily develop and send out quotes at different levels of detail (LOD) and receive accurate cost estimates.
In addition to applying unit costs and adapting to differences in LODs, service types, building types, and building styles, the application is completely configurable to meet the demands of suppliers and follow their pricing cycle. This ensures that all segmental cost estimates are accurate and current.

See it for yourself by giving it a shot.

The intuitive design of BIMPREST’s user interface makes it easy for construction industry experts to review and evaluate cost estimates. They can examine detailed cost breakdowns, compare estimations at different levels of detail (LODs), and use this data to make educated judgments.

The Benefits of BIMPREST for Services Cost Estimations

Using BIMPREST for cost estimations across LOD levels offers several benefits:

There are several benefits to using BIMPREST for LOD-level cost calculations:

  • Time saving: Construction industry experts can save a lot of time with BIMPREST since it automates the calculations and changes needed for cost estimations.
  • Improving Efficiency: BIMPREST streamlines the process of cost estimates across LOD levels, making it easier and less error-prone.
  • Data-driven decisions: BIMPREST supports construction professionals in making fact-based decisions by providing detailed cost breakdowns and enabling them to compare estimates across various LOD levels.

In conclusion, cost estimating is essential for the smooth running of construction projects from start to finish and for increasing the success rate of bids. With BIMPREST, cost estimation is made easier, faster, and more accurate across all levels of development (LODs), building types, services, and disciplines. With BIMPREST, AECO experts can make smart decisions.