Open AccessHow to Reasonably Control the Project Cost
Author(s) -
Xuhua Shao,
Yayong Li,
Runbing Yang,
Chuansheng Chen
Publication year - 2018
Publication title -
smart construction research
Language(s) - English
Resource type - Journals
ISSN - 2529-7740
DOI - 10.18063/scr.v0.656
Subject(s) - cost engineering , earned value management , control (management) , project management , pre construction services , project management triangle , risk analysis (engineering) , cost contingency , cost control , project planning , business , task (project management) , basis of estimate , cost estimate , operations management , computer science , project charter , engineering , systems engineering , artificial intelligence
In recent years, with the rapid development of China’s social economy, significant advances have also been made in the field of construction engineering. At the same time, with the advancement of urbanization and the increase in the demand for the construction of various infrastructure and service facilities, the number of construction projects has continued to increase. In project construction, project cost control plays a vital role. Implementing effective cost control measures at all stages of the project is an important task to ensure the company's economic benefits. Hereon, this article focuses on the importance of project cost, the factors that affect the cost control, and the related measures to reasonably control the cost at various stages of the project. It is hoped that this will have a certain reference value and will contribute to the improvement of project cost management and control.