The document discusses various stages of a construction project according to the RIBA Plan of Work. In round 1, early stage work like feasibility studies and budget estimation is discussed. Round 2 covers design development using BIM software. Manual measurement and its pros and cons are covered in round 3. Rounds 4 and 5 discuss the construction and close out stages involving tasks like contract management and final accounting. Efficient data management and easier operation and maintenance are benefits mentioned for the close out stage.