LOCATION:

HOW DO I DO IT?

PLAN

COSTS

Last Updated:  24/7/2015

How much will your solutions cost?

The most significant overall cost is likely to be the cost of organisational change – revising processes and training staff.  However the cost most likely to stand out is if you use an outside supplier to develop your geometric objects.  Although this is a direct cost it does mean it is a fixed cost as your supplier will have provided a quotation and they share in the risk of development. And if you’ve chosen to use an outside hosting service this will be a re-occurring annual cost.

What the overall cost is will be largely determined by a few key factors:

  • What benefits you want to achieve will inform the scale of organisational change required and in particular the need for education and training.
  • How many products you want to include in this initial project. It’s sensible to keep this to a small number and go for your most specified/specifiable products within those sectors you target and which have a need or want to use BIM.
  • How complex you need to make your objects in order that you are not disadvantaged against the competition and they are of value to designers.

Like any project of this nature it isn’t practical to provide you with a cost schedule where you fill in the numbers. What activities are included and attract what cost is highly variable from one project to another.  And even if you already have experience of delivering BIM projects for manufacturers there are always hidden issues and implications which affect costs. This is where BIM4M2 can help.  Once you have set out the basis of your plan ask BIM4M2 to connect you with another, BIM savvy, manufacturer so they can review and advise on where the potential pitfalls are likely to be.

To arrive at your overall cost, and as with any plan, you need to identify the activities/ tasks involved, assess the resources required, and allocate a monetary value to this. The following matrix identifies, at a macro level, what your cost framework is likely to include – drill down into each subject to identify the activities you will need to take and then use these to develop the associated costs.

ITEM

NUMBER

£ / OBJECT / HR

COST

Entire product portfolio

Sample of top selling SKUs

Parametric Objects

Internal Resource time

Usage Research

Library hosting costs

Maintenance

New Products launched

Training

TOTAL COST £

Notes

  1. You should investigate costs for the first 3 Object creation approaches and then choose one. If uncertain, always go for the small sample route to minimise costs
  2. Parametric Objects may cost more but could reduce the number of Objects you need dramatically – reducing overall costs
  3. There may be considerable internal resource required to supply all the product information in the right consolidated format for the Object supplier. This cost should be factored in.
  4. You should invest some time/ budget in market research to obtain feedback on how easy or not Specifiers are finding your Objects to use.
  5. Authoring software is updated almost annually, and there may be alterations required to your objects to ensure they still work with the latest versions
  6. Most companies launch new products or ranges on a regular basis. You will need BIM Objects adding to your portfolio