Abstract
Introduction: This study examines the impact of building information modeling on the cost management of engineering projects, focusing specifically on the Mombasa Port Area Development Project. The objective of this research is to determine the mechanisms through which building information modeling facilitates stakeholder collaboration, reduces construction-related expenses, and enhances the precision of cost estimation. Furthermore, this study investigates barriers to execution, assesses the impact on the project’s transparency, and suggests approaches to maximize resource utilization. Methodology: This study employed a mixed-method research design comprising document reviews and surveys. During the document review, credible databases including ScienceDirect and Institute of Electrical and Electronics Engineers Xplore were explored. The survey included 69 professionals, among which were project managers, cost estimators, and building information modeling administrators. The mixed-methods approach prioritized ethical considerations and the statistical Package for the Social Sciences and Microsoft Excel were used in the analysis. Results: The results show that building information modeling is a valuable system for organizations looking to reduce project costs. The results note that the technology improves cost estimation accuracy, facilitates the identification of cost-related risks, and promotes collaborative decision-making. Conclusions: Building information modeling is an effective cost-estimating technology that positively impacts additional project aspects such as decision-making, collaboration, performance, and delivery time. Therefore, the Mombasa Port Area Development Project should inspire other stakeholders in engineering and construction to embrace building information modeling.
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