Building Information Modeling (BIM) is an innovative approach to building design, construction, and management that uses a 3D model to capture consistent and coordinated planning, design, construction, and operational data. This provides greater project insight for cost, schedule, and constructability compared to traditional 2D documentation. BIM aims to address problems in the construction industry such as 30% of construction costs going to rework and over 60% of major capital programs failing to meet cost and schedule targets. Typical BIM deliverables include site, architectural, structural, and MEP models at various stages for purposes such as coordination, cost estimation, and as-built documentation.