As an important means of construction digitalization, the BIM technology can improve the information management level of construction enterprises. This paper analyzes the significance of dynamic management of construction materials based on BIM technology, and discusses the implementation scheme of constructing the construction material management system based on BIM technology. Combining with the information system developed based on practice experience of construction projects, the China Construction Eighth Engineering Division establishes a complete process tracking on the bill of materials to monitor the material status in real time and determine the quantity and location of the materials. The integration of construction schedule management and material management solves the practical problems of material supply, warehousing management, schedule risk control, and etc., and has achieved good economic and social benefits in engineering applications.