5D BIM, or 5D Model Based Estimating, links a 3D building model schedule and cost data to allow for improved cost estimation. While 3D modeling provides benefits during design, 5D BIM provides additional advantages to estimators by enabling faster and more accurate takeoffs directly from the model. However, challenges remain as models may not include all necessary takeoff information or specifications. Leading technology companies are working to develop solutions that integrate 2D and 3D content within estimation tools and link model objects to specifications to help estimators overcome these challenges.