Building information modeling is not just limited to the planning and design phase; however, it is utilized throughout the building life cycle. The contractors are responsible for managing the entire building process in an efficient manner and BIM is the most potential tool that makes them winner in this task. Considering the magnitude of the construction process and prior to the presence of the BIM in the architectural engineering and construction industry, project management was a strenuous and tedious task for the contractors. The concept of the application of BIM in the construction industry came into the picture only in the 90s. Since then and till date it has been continuously assisting the industry in simplifying the complex process of construction. Contribution of BIM in cost management : The modeling services helped in the development of the 3D models which are quite essential to get the clarity on the project. The generation of the 3D models opened a path for the furt