Discussion on Construction Project Cost Budget Settlement Review

Construction project cost control involves many complex contents,forming a large amount of data information.If the processing method is unreasonable,it will likely affect the cost control efficiency.Therefore,in the current construction project management,the review of project cost budget settlement is the focus to solve the cost management problems of construction projects and promote the development of the construction industry.This article mainly analyzes the influencing factors and current situation of construction project cost budget settlement review,and based on this,it explores the project cost budget settlement review strategy to promote the healthy development of construction project cost work.

Application of Earned Value Method in Project Cost Management and Schedule Management

At present,with the rapid development of China's economy,the development of the construction industry has made a new breakthrough.Project management requires the construction industry to continuously play its role and value in improving the ability of project management.Earned value method,which is an important way in the field of project management,enables whole project management to rise to a new height.The specific principle of earned value method will be elaborated by fully introducing the specific role of earned value method in engineering projects to provide a reference and basis for practitioners to improve their management ability.

Control and Management of Construction Project Cost

Project cost can control the input in construction project and improve economic benefits of construction enterprises,so it is an important section of construction engineering.Reasonable control and management of project cost is the principle that building units must obey in the whole process of project,particularly in the construction stage,so it is extremely important to control and manage the project cost.This paper first analyzed possible causes for the unreasonable cost of construction projects,and put forward pertinent strategies for the control and management of construction project cost.

Research on Intelligent Cost Estimation of Engineering Foundation Projects Based on CSIs Theory

Against the backdrop of rapid development in China’s construction and infrastructure sectors,discrepancies between project budgets and actual costs have become pronounced,manifesting in project overruns and suspensions,posing significant challenges.To address inaccuracies in investment targets and operational complexities,this study focuses on a beam-bridge construction project in a district of Shijiazhuang city as a case study.Drawing upon historical analogs,the project employs a Work Breakdown Structure(WBS)to decompose the engineering works.Building on theories of Cost Significant(CS)and Whole Life Costing(WLC),the study constructs Cost Significant Items(CSIs)and develops a CNN-BiLSTM-Attention neural network for nonlinear prediction.By identifying significant cost drivers in engineering projects,this paper presents a streamlined cost estimation method that significantly reduces computational burdens,simplifies data collection processes,and optimizes data analysis and forecasting,thereby enhancing prediction accuracy.Finally,validation with real-world cost fluctuation data demonstrates minor errors,meeting predictive requirements across project execution phases.

Research on Contract Management and Control in the Process of Project Cost

In the current economic situation, strengthening the contract management of the construction cost has a beautifully role. At the same time, according to construction project cost management, the scientific management of the contract, can promote the reasonable and balanced investment cost allocation in the quality and safety and other aspects of the project, so that the construction project can obtain higher added value, and to further promote China＇ s economic construction and accelerate the pace of the city. This paper first briefly elaborates our construction project cost of the contract management on the present situation, and some problems are analyzed and discussed, and then puts forward some suggestions on the measures and countermeasures for cost management of construction engineering contract.

Discussion on Construction Project Cost Composition and Its Management

That budget estimate exceeds estimate, budget exceeds budget estimate, and actual budget exceeds budget usually exists in the management of construction project cost, suggesting the cost management and control of construction project are not the management and control of product cost in a general sense. In terms of construction project, cost management and control is the core of the project and is implemented throughout all stages of the project, so it is complicated system engineering. In this paper, construction project cost composition and its management measures are mainly discussed.

Perceived Benefits of Using Value Engineering on Road Projects in Ghana

The need for Optimum Value benefit realization on Road Projects in developing countries has become topical. While the traditional Cost Control project management process only aligns actual costs with budgeted costs, Value Engineering (VE) is a sustainable and systematic innovative methodology for establishing the best functional balance among desired features of a project. A Value Engineering (VE) study was conducted with the aim of examining the benefits associated with its use on Road Projects in Ghana. This study employed a two-stage research procedure: desk study and field research. The literature review identified the Optimum Value benefits associated with VE road project management technique as increased Confidence Level in Contract Compliance, reliable Implementation Level of Construction Delivery and enhanced Effectiveness Level of Project Sustainability. A quantitative survey research design based on a purposive sampling technique of selecting respondents was adopted. Employing closed-ended questions, 40 sets of questionnaires were issued to professionals in Road Infrastructure and Support Agencies (RISA) under the Ministry of Roads and Highways (MRH) in the Eastern Region of Ghana. At a response rate of 85%, descriptive statistical analysis (Means, Standard Deviations and Variances) and inferential statistical analysis of variance (ANOVA) test were used to process the data and determine whether there was any significant difference between VE benefit parameters and the groups of respondents. The results revealed that road professionals are familiar with the VE process but solely use Cost Control project management technique. Road professionals recognized the high Optimum Value benefits of professionally ethical Contract Compliance, efficient Construction Delivery and functionally viable Project Sustainability on VE road project management process.

Analysis of Construction Duration and Cost for Public Sector Civil Engineering Projects in Libya

Public construction project data were analyzed to develop models for the actual construction duration and actual cost. Based on 50 civil engineering projects in Libya from the database of the Great Man-Made River System 1992-2009, the models identified extension as a main factor that affecting both the actual duration and cost of a project, while considering the contract cost and contract duration as fixed for the project. The suitability of each model was confirmed by examining RMSE (root mean squared error), NSE (Nash-Sutcliffe efficiency), and MEF (modeling efficiency factor). The models were validated with data from 17 different projects. The validation of both models demonstrated that models are very practical and accurate. The models are very effective in capturing the uniqueness of Libyan construction industry practice.

Study of Factors Causing Time and Cost Overrun in Pre-Construction Project (A Case Study of Malaysia)

Cost and time overrun are the key troubles of any improvement ventures. These troubles are inflicting the terrible end result in the development of kingdom monetary improvement and thriving. To overcome these problems, the?paper examines predominant impact on elements causing the mission postponement and cost. A poll review was led for the situation study embracing various information-gathering procedures. The discoveries from the contextual investigation uncovered that the most persuasive factors in Malaysia:?1) contractor’s inappropriate arranging, 2) poor site the board, 3) deficient contractual worker experience,?are the most powerful factors. This paper has likewise broken down the normal and least effective of the postpone variables causing task deferral and cost overrun in Malaysia. It likewise infers that there are various measures as per the idea of deferring components to decrease the effect on task postponement and cost overruns in the development industry.?There are significant factors in the control of time overrun that would be actual thought related to know and tackle in great impact to improvement rate which may additionally no capacity that be recovered. Thirty (30) massive development extensions in Malaysia were exceptional coping with time overrun at some stage in development. Out of 30 undertakings, 17 (56.67%) ventures had been introduced by using 1100 days’ time overrun, 5 (16.67%) extensions in the middle of a hundred and one to 200 days, 5 (16.67%) ventures?201 to 300 days while three (10%) ventures have been deferred for timeframe over 300 days.

Project Team Perception of Causes of Building Cost Overruns： A Reflection in Tanzania

The paper provides an empirical insight into the significance of shared cognition reflected in the perception of key actors in selected construction projects. It has explored how clients, consultants and contractors prioritize causes of cost overrun in building projects in Tanzania and measured the statistical variance in their order of rank. A total of 55 respondents were selected from public projects that had experienced cost overruns. The results show an inclination of the top 4 causes of cost overrun being technical and originate from internal sources. The Spearman correlation coefficient established a strong positive correlation in the ranking of causes of cost overrun in construction project by clients, consultants and contractors, suggesting a shared cognition is in place for the project team. The outcome provides a good base for contemplating success of mitigation measures for cost overruns and reiterates the significance for a shared cognition for project team success.

Construction Project Forecasting ＂Practical Use of EV Metrics＂

During this professional research--Construction Project Forecasting （Practical Use of EV Metrics）, which criticize earned value management as a most distinguished methodology for forecasting the project expected end dates and expecting budget at completion, the field for the research is construction field and specially the projects which content different phases without repetitive tasks. Forecasting for construction project is a complicated process need more than applying one equation only. As assuming that, project performance during finishing stage will be similar to project performance during concrete stage is totally wrong. The case study techniques have been used to prove an important idea and also to implement a suggested protocol which actually implemented and tested and it should be considered as a research finding. The project used in this case study is ＂Hurgadah Intemational Airport--New Terminal Building＂, while executing this complex construction projects with different stages the forecasting for the project end date and final end budget were completely not realistic. The above leads to questioning the next： ＂Is it true that using the earned value indexes for forecasting construction projects end date and final budget is the right way？ And if not, what is the right process that should be used in order to reach acceptable forecasting method？＂ We implement the EV measurements by the normal technique and also implement in the same month the suggested protocol for forecasting, comparing the results proof the effectiveness of the suggested protocol. The findings prove that, the construction projects need special treatment when use the EVM for forecasting. The earned value indexes created to serve the projects which have repeated tasks or can say which got one stage only, like information technology （IT） projects as those projects depending on manpower productivity and also based on few different qualifications. On such type of projects the earned value forecasting calculation is perfectly used.

The Influence of Construction Manager Experience in Project Accomplishment

Nowadays, construction projects became more complex, where the responsibility of construction manager is to control and plan the project resources in a professional way to handover the project in terms of time, cost, and quality. The aim of this study is to analyze the affect of the long experience of the construction manager on project success; it aims to identify the capability skills that the construction manager should have to complete the project on time. The fmding of this study is to help in understanding the factors that influence the project success through the long experience of the construction manager.

Cost Control research in Construction Project Management

Construction project management as an important branch of management science has its own characteristics; it was known as an important aspect of project management in the 21 st century. Construction companies now face a more complex competitive environment and more powerful competitors. In order to compete for the market and living space, Enterprises should be in a strategic height, cultivate long- term competitive advantage. Cost management is a new tool to enhance the competitiveness of enterprises, Popularization and application of Construction project management to the scientific development of the project management made the following three aspects urgent requirement. First. establish a scientific system for the construction project management. Construction Project Management knowledge system is the foundation and needs for Construction Project Management scientific and professional.

工程造价超预算的原因分析和控制方法研究

在工程项目实施过程中,工程造价控制成为项目管理中的关键环节。本文从工程造价预算控制有益于项目顺利结算、有利于项目合理投入、有助于减少变更数量三个方面阐述了其意义。提出了造成超预算是因为施工组织设计脱离实际、工程施工进度失去控制、项目成本管理缺乏力度三个主要原因,提出了相应的控制方法,应严审施工组织设计以减少施工变更、严控工程施工进度以降低延期消耗、强化预算控制意识以提升投入效能。

基于ESG理念的重大工程弃渣造地项目选址价值评价

为了强化弃渣造地项目选址的可持续性,本文引入了ESG理念作为决策依据,构建了集成ESG理念的重大工程弃渣造地项目选址价值工程框架,并提出了适用于评价西部复杂艰险地区重大工程弃渣选址造地的ESG功能评价指标体系。在此基础上,结合AHP方法给出了确定ESG项下各分量指标的权重及价值工程实施的具体操作步骤,并通过一个具体案例进行操作说明。ESG理念的引入及所构建的功能评价指标体系和弃渣选址造地的价值工程分析方法,有助于提升我国重大工程弃渣处置的可持续能力,助推重大工程弃渣选址造地的科学化和重大工程ESG理念的实现。

装配式建筑成本控制方法与措施探究

近年来,国家大力倡导绿色低碳、节能环保理念,传统建筑业污染严重、材料浪费大、效率低,装配式建筑采用工业化生产模式,代表建筑业一大发展趋势。目前,装配式建筑成本居高不下,高成本成为制约其发展的阻碍。基于此,文中根据工程案例进行装配式建筑项目成本影响因素分析,并提出控制对策建议,为推动装配式建筑发展提供参考。

海洋石油工程项目建设成本管理思路

海洋石油工程项目的开展对缓解中国石油资源紧缺有重大意义及价值。这类项目建设运行具有高风险、工程周期长、海上运输工作量大、长期合作企业多、管理环节错综复杂等特点,实施过程应加强成本管理工作,有效提升企业的经济效益,降低建设风险。文章结合海洋石油工程项目管理中加强成本管理的价值意义分析出发,对当前成本管理工作开展中的现状及实施路径进行了综合探究,着重从成本管理构架、成本预算管理、成本控制要点、成本核算分析、成本考核等方面阐述,以期提升中国海上工程项目建设国际市场竞争力。

建筑工程造价影响因素及标准化管理

文章探讨了影响建筑工程造价的多个关键因素,包括政策、设计、市场和施工管理等。在此基础上,提出了一系列建筑工程造价标准化管理措施,通过这些管理措施的实施,可以更好地控制和管理建筑工程造价。

海上边际油气项目成本控制前期策略研究

对于海上边际油气项目,由于其可采资源“小、散、碎”或开发条件较差导致总投资较高,因此设置成本目标和限额设计、成本绩效管理等成本控制手段对于其经济有效开发尤为重要。目前针对海上边际油气项目投资管理的管理,缺少主动统筹的成本控制观念。为此,文章从项目决策的基本要求出发,系统分析了海上边际油气项目的开发工程模式,以项目参与各方共赢为导向,以实现项目经济效益为目标,提出基于目标成本法的成本规划策略和基于价值工程分析的成本计划策略。研究结果表明:在海上边际油气项目前期决策中,为推进边际油气项目经济有效实施,应积极融合各方利益,制定成本目标、明确成本计划。结论认为:在海上边际油气项目实施前主动制定符合要求的成本目标,实施过程中严格执行成本计划,对保证海上边际油气项目经济开发具有现实意义。