While there are plenty of third-party software for cost estimation, Revit, being a BIM software, can provide multi-phase cost analysis at any point in the development lifecycle. Now more than ever architects, engineers, and contractors need to adapt better cost analysis techniques earlier on in the development lifecycle. Construction costs expectedly increased by 14 percent in 2022 while the usual YOY increase has been 2-5 percent. ![]() Year over year construction costs have steadily increased but over the past couple of years costs have spiked above the norm.
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