
Above all, LOD makes the value of the model evident to all parties and creates trust between different people working on the same project. The more reliable the model information becomes, the more project stakeholders are lining up to get hold of it. It is easy to understand as the information begins to pass rapidly from person to person and decision-making becomes quicker.

The Level of Development (LOD) specification is a reference for AEC practitioners to specify and articulate with a high level of clarity the content and reliability of Building Information Models (BIMs).
For LOD 350 the model element is graphically represented within the model as a specific system, object, or assembly in terms of quantity, size, shape, orientation, and interfaces with other building systems. Non-graphic information may also be attached to the model element.
LOD + BIM execution plan= save money
When you look at the cost division of large construction projects, it is easy to see that fabrication is already doing an extremely efficient workflow because of quality 3D software. Detailing and fabrication together take only about 15 % of an average construction budget.
Therefore, financial managers do not spend time looking at detailing and fabrication stages when they consider cost savings. However, when chaos can be prevented considerable savings will accumulate. Client and contractors will receive good tenders and the lowest bids from subcontractors who truly know how to optimize their processes.
