An Innovative Framework of 5D BIM Solutions for Construction Cost Management: A Systematic Review

Cost management represents an important part of management in construction projects. Developments in the fifth dimension (5D) of building information modelling (BIM) has fostered new and potential improvements in terms of efficiency, quality and precision during cost management processes. The research aims to develop an innovative framework of 5D BIM solutions for construction cost management. A systematic review approach was adopted for the evaluation of the 5D BIM solutions. Interviews were conducted with three industry experts to validate and comment on the research findings. Eighteen software or web solutions were found and analysed against five main areas of the cost management practices. The research contributes to creating new awareness and knowledge from the available 5D BIM solutions towards the current cost management requirements as well as the future need in the digitalised working environment.