2011•Journal of Jiangsu Vocational and Technical Institute of Economics and CommerceRequires access

Explore the Entire Process of Construction Project Cost Management

Zhao Qing

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Abstract

Project cost management means comprehensive analysis of the total project cost and precise control of the various stages of construction cost.For construction projects,project quality is fundamental;cost is the core of business survival.Therefore,we must verify the details of the cost of various economic indicators to plan.Effective assessment of the project cost is an important guarantee of maximizing the interests of construction projects.The paper describes the importance of construction project full-cycle cost management and proposes full-cycle project cost control measures based on optimal management.

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Project cost management means comprehensive analysis of the total project cost and precise control of the various stages of construction cost.For construction projects,project quality is fundamental;cost is the core of business survival.Therefore,we must verify the details of the cost of various economic indicators to plan.Effective assessment of the project cost is an important guarantee of maximizing the interests of construction projects.The paper describes the importance of construction project full-cycle cost management and proposes full-cycle project cost control measures based on optimal management.

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Available abstract

Project cost management means comprehensive analysis of the total project cost and precise control of the various stages of construction cost.For construction projects,project quality is fundamental;cost is the core of business survival.Therefore,we must verify the details of the cost of various economic indicators to plan.Effective assessment of the project cost is an important guarantee of maximizing the interests of construction projects.The paper describes the importance of construction project full-cycle cost management and proposes full-cycle project cost control measures based on optimal management.

Key concepts: Pre-construction services, Project management triangle, Cost engineering, Project planning, Cost contingency, Project management, Earned value management, Basis of estimate

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