A Construction project involves project
management and financial planning at various stages right from
the concept stage to the execution stage. This involves a large
number of people working on different aspects of the project
adhering to their specific job roles in collaboration with the
others. These members not only work on the different aspects but
also work on different software’s and platforms in order to create
a holistic working plan to ensure timely and flawless construction
activities. But these software’s only provide specific information
feeded to it. A single program which would provide information of
all these software’s collectively on one platform would not only
make it convenient for sharing data but also help in reducing the
delay and eliminating errors. A 5D model can be created linking
the schedule of the project and the cost involved in it to the
drawings on a GIS platform. In this research a 5D model of a
Residential cum Commercial project Located in Prabhadevi,
Mumbai, Maharashtra, India has been generated. This model
includes the data related to the Schedule and Cost of the project,
which can help in making decisions related to monetary aspects,
Men & Material preparedness, verification of bills & Billing
Audits. A 5D model holds Spatial data such as Project Schedule,
Itemized Element costs and Quantities along with the 3D model of
the structure. The conclusion of the study states that a GIS Model
can serve as a real time data base for all the parties involved in the
project at every level of its progression.