2008Journal of Hebei Engineering and Technical CollegeRequires access

Thought on Engineering Project Cost Control

YU Jian-xia

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Abstract

Engineering project cost includes recessive cost and dominant cost.On the premise of meeting the contract requirements of engineering quality and construction period,engineering project cost control is to plan,organize,control and coordinate the cost in the process of engineering so as to achieve the predetermined cost target and reduce the cost.It can achieve the predetermined target and the aim of profit by the activity of technology(such as the comparison and choice of engineering scheme),economics(such as accounting) and management(such as construction organization management and rules and regulations).The target of project cost control is to adopt the efficient measures,reduce the recessive cost and dominant cost,and improve the project profit.

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Engineering project cost includes recessive cost and dominant cost.On the premise of meeting the contract requirements of engineering quality and construction period,engineering project cost control is to plan,organize,control and coordinate the cost in the process of engineering so as to achieve the predetermined cost target and reduce the cost.It can achieve the predetermined target and the aim of profit by the activity of technology(such as the comparison and choice of engineering scheme),economics(such as accounting) and management(such as construction organization management and rules and regulations).The target of project cost control is to adopt the efficient measures,reduce the recessive cost and dominant cost,and improve the project profit.

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Available abstract

Engineering project cost includes recessive cost and dominant cost.On the premise of meeting the contract requirements of engineering quality and construction period,engineering project cost control is to plan,organize,control and coordinate the cost in the process of engineering so as to achieve the predetermined cost target and reduce the cost.It can achieve the predetermined target and the aim of profit by the activity of technology(such as the comparison and choice of engineering scheme),economics(such as accounting) and management(such as construction organization management and rules and regulations).The target of project cost control is to adopt the efficient measures,reduce the recessive cost and dominant cost,and improve the project profit.

Key concepts: Cost engineering, Target costing, Cost accounting, Cost contingency, Cost estimate, Cost control, Cost centre, Product cost management

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