Case

Overhauling a Healthcare Facility

A Cost Estimation Challenge

A prominent healthcare provider, aiming to modernize its 200,000-square-foot hospital, faced the challenge of upgrading outdated MEP systems and optimizing the layout.

To ensure accurate cost estimations for this complex renovation, while meeting strict safety and compliance standards, the provider turned to Optima Estimate for a technologically advanced solution.

Optimizing Healthcare Renovation Costs

Optima Estimate employed a suite of advanced software tools, including BIM and 5D Cost Estimation, to provide precise cost estimates for the hospital renovation.

By integrating BIM, we:

Accurately estimated materials and identified potential conflicts early on.
Enabled real-time budget adjustments and cost breakdowns for different project phases through 5D Cost Estimation.
Analyzed historical data to forecast material and labor costs, ensuring realistic projections.

This comprehensive approach resulted in accurate estimates within 3% of actual costs, enhanced flexibility for budget adjustments, and significant cost savings through early issue identification and compliance adherence.