With the continuous development of society and economy in China, the number of water conserv ancy & hydropower engineering in China increases unceasingly and China s water conserv ancy industry also enters into th...With the continuous development of society and economy in China, the number of water conserv ancy & hydropower engineering in China increases unceasingly and China s water conserv ancy industry also enters into the stage of rapid development. The construction of water conserv ancy & hydropower engineering promotes social and economic development, so in order to safeguard the benefits of the engineering, cost management shall be done well, which is also an important channel for companies engaging in water conservancy & hydropower engineering to obtain economic benefits. Based on this the paper firstly investigates the problems in water conserv ancy & hydropower engineering cost management and then brings up relevant solutions.展开更多
Currently, how to further improve and perfect construction economic cost management,minimizing construction economic management cost and construction investment of the enterprise have become the important content for ...Currently, how to further improve and perfect construction economic cost management,minimizing construction economic management cost and construction investment of the enterprise have become the important content for the daily management of construction enterprise managers. This article focuses on the construction economy under the conditions of market economy cost management, analyses related concepts and existing questions, and proposes targeted recommendations of the problem.展开更多
The rapid economic development has promoted the construction of infrastructure,such as highways and water conservancy projects.The establishment of highways has facilitated people's lives and made the distance bet...The rapid economic development has promoted the construction of infrastructure,such as highways and water conservancy projects.The establishment of highways has facilitated people's lives and made the distance between regions shorter and shorter.However,the construction of highway engineering is a big project,which not only has a long cycle,but also has a high economic cost.During the construction process,a large number of construction materials and personnel will be applied.If the project cost management is not implemented for the highway construction,it will easily affect the final quality and profit of the entire project.This article expounds the significance of dynamic management and control of highway engineering cost,and analyzes the strategy of dynamic management and control of highway engineering cost.展开更多
In the social development,bidding agency plays an important part,providing services for the development of construction project bidding,and endows the development of construction project bidding with a diversified cha...In the social development,bidding agency plays an important part,providing services for the development of construction project bidding,and endows the development of construction project bidding with a diversified characteristic.The cost management of a construction project bidding stage has a dynamic characteristic.The bidding agency can provide bidding related business for the construction enterprises to ensure the quality and the effect of the bidding service,leading to the foundation for the sustainable development of the construction enterprises.This paper analyzes the deficiency in the bidding agency,and cost management in the bidding stage of the construction projects,as well provide some effective countermeasures or recommendation,to improve the value,and the role of the bidding agency in managing and controlling the construction project cost within the scope allowed by the law,and regulations,and also to ensure the comprehensive benefits of construction projects for the construction enterprise.展开更多
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...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.展开更多
Effective cost control in the investment and design phases of highway construction is crucial for managing project expenses.However,current management practices often overlook pre-construction cost management,leading ...Effective cost control in the investment and design phases of highway construction is crucial for managing project expenses.However,current management practices often overlook pre-construction cost management,leading to budget overruns and project delays during later stages.To ensure the smooth execution and cost control of highway construction projects,this paper examines the significance of cost control,evaluates the current state and challenges of highway construction,and proposes strategies for cost management.These strategies aim to establish a robust foundation for cost management in highway projects.展开更多
With the rapid development of the photovoltaic(PV)industry and policy support,photovoltaic engineering has attracted much attention as a clean energy project.However,the complexity and huge investment scale of photovo...With the rapid development of the photovoltaic(PV)industry and policy support,photovoltaic engineering has attracted much attention as a clean energy project.However,the complexity and huge investment scale of photovoltaic projects make cost management and cost control the key to project success.The purpose of this paper is to discuss the cost management and cost control strategies of photovoltaic projects,analyze their importance and challenges in the process of project implementation,and discuss the common cost control methods and techniques in photovoltaic projects,to improve cost management and cost control in photovoltaic projects,and to provide a reference for the sustainable development of the industry.展开更多
Highway engineering requires higher investment and requires a long time of management compared to other construction projects.There are many factors that affect the project cost during the engineering construction sta...Highway engineering requires higher investment and requires a long time of management compared to other construction projects.There are many factors that affect the project cost during the engineering construction stage of a highway.The effective development of cost management in the construction phase of highway engineering under the list pricing model can avoid unnecessary waste and help control the cost of highway engineering.However,there are still some problems in the development of cost management in the construction phase of highway engineering,which will affect the role of the list-based pricing mode in cost management.This paper explores and analyzes the advantages of the list pricing model and the problems existing in the cost management of the highway engineering construction stage under the list pricing model,and proposes effective management strategies to improve cost management of the highway engineering construction stage.展开更多
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 proje...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.展开更多
Uniqueness of landscaping projects was analyzed,and cost was regarded as an important index evaluating performance of landscaping construction enterprises. Based on reviewing limitation of cost control on landscaping ...Uniqueness of landscaping projects was analyzed,and cost was regarded as an important index evaluating performance of landscaping construction enterprises. Based on reviewing limitation of cost control on landscaping construction enterprises,enhancing construction management,controlling cost reasonably,and reducing project cost were proposed as the foundation and core content of enterprise cost management,and also the key to successful project management.By combining with design practices,suggestions for enhancing construction management of landscaping project,controlling cost and improving profits were given.展开更多
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 Syst...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.展开更多
Despite the presence of various construction project cost estimate softwares, human experience and knowledge cannot be disregarded. This fact has been proven in practice, where the success of construction cost estimat...Despite the presence of various construction project cost estimate softwares, human experience and knowledge cannot be disregarded. This fact has been proven in practice, where the success of construction cost estimate process is mainly based on knowledge of human estimator. The main question concerns what human knowledge determines the success of the construction cost estimation process. To address this question we have applied Delphi technique and the output is eleven factors that are enough to precisely represent construction cost estimator knowledge. Then we have used First Order Logic (FOL) to represent these factors in terms of predicates and rules. These FOL rules could be used for evaluating construction cost estimator knowledge in five classes: fail, pass, acceptable, good, and very good. As a validation process we have done experiments using history data and the results have proved the accuracy of our proposed method.展开更多
Recently, the highway construction projects increase rapidly in Vietnam and most of them are international contracting projects. It results serious negative influence on the local government and enterprises that the c...Recently, the highway construction projects increase rapidly in Vietnam and most of them are international contracting projects. It results serious negative influence on the local government and enterprises that the common cost overrun of projects, and the risk factors of it is different in the different countries, different stages and projects types. So in this paper, we generate an evaluation index system of highway construction projects cost overrun risk in Vietnam in the perspective of different project participants, and also evaluate the effects of these factors in method of regression analysis. The empirical results confirmed 7 main factors that have aggravated cost overrun risk in construction stages, e.g. survey and design scheme risk. In final, the corresponding suggestions are proposed to reduce the project cost overrun risk.展开更多
文摘With the continuous development of society and economy in China, the number of water conserv ancy & hydropower engineering in China increases unceasingly and China s water conserv ancy industry also enters into the stage of rapid development. The construction of water conserv ancy & hydropower engineering promotes social and economic development, so in order to safeguard the benefits of the engineering, cost management shall be done well, which is also an important channel for companies engaging in water conservancy & hydropower engineering to obtain economic benefits. Based on this the paper firstly investigates the problems in water conserv ancy & hydropower engineering cost management and then brings up relevant solutions.
文摘Currently, how to further improve and perfect construction economic cost management,minimizing construction economic management cost and construction investment of the enterprise have become the important content for the daily management of construction enterprise managers. This article focuses on the construction economy under the conditions of market economy cost management, analyses related concepts and existing questions, and proposes targeted recommendations of the problem.
文摘The rapid economic development has promoted the construction of infrastructure,such as highways and water conservancy projects.The establishment of highways has facilitated people's lives and made the distance between regions shorter and shorter.However,the construction of highway engineering is a big project,which not only has a long cycle,but also has a high economic cost.During the construction process,a large number of construction materials and personnel will be applied.If the project cost management is not implemented for the highway construction,it will easily affect the final quality and profit of the entire project.This article expounds the significance of dynamic management and control of highway engineering cost,and analyzes the strategy of dynamic management and control of highway engineering cost.
文摘In the social development,bidding agency plays an important part,providing services for the development of construction project bidding,and endows the development of construction project bidding with a diversified characteristic.The cost management of a construction project bidding stage has a dynamic characteristic.The bidding agency can provide bidding related business for the construction enterprises to ensure the quality and the effect of the bidding service,leading to the foundation for the sustainable development of the construction enterprises.This paper analyzes the deficiency in the bidding agency,and cost management in the bidding stage of the construction projects,as well provide some effective countermeasures or recommendation,to improve the value,and the role of the bidding agency in managing and controlling the construction project cost within the scope allowed by the law,and regulations,and also to ensure the comprehensive benefits of construction projects for the construction enterprise.
文摘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.
文摘Effective cost control in the investment and design phases of highway construction is crucial for managing project expenses.However,current management practices often overlook pre-construction cost management,leading to budget overruns and project delays during later stages.To ensure the smooth execution and cost control of highway construction projects,this paper examines the significance of cost control,evaluates the current state and challenges of highway construction,and proposes strategies for cost management.These strategies aim to establish a robust foundation for cost management in highway projects.
文摘With the rapid development of the photovoltaic(PV)industry and policy support,photovoltaic engineering has attracted much attention as a clean energy project.However,the complexity and huge investment scale of photovoltaic projects make cost management and cost control the key to project success.The purpose of this paper is to discuss the cost management and cost control strategies of photovoltaic projects,analyze their importance and challenges in the process of project implementation,and discuss the common cost control methods and techniques in photovoltaic projects,to improve cost management and cost control in photovoltaic projects,and to provide a reference for the sustainable development of the industry.
文摘Highway engineering requires higher investment and requires a long time of management compared to other construction projects.There are many factors that affect the project cost during the engineering construction stage of a highway.The effective development of cost management in the construction phase of highway engineering under the list pricing model can avoid unnecessary waste and help control the cost of highway engineering.However,there are still some problems in the development of cost management in the construction phase of highway engineering,which will affect the role of the list-based pricing mode in cost management.This paper explores and analyzes the advantages of the list pricing model and the problems existing in the cost management of the highway engineering construction stage under the list pricing model,and proposes effective management strategies to improve cost management of the highway engineering construction stage.
文摘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.
文摘Uniqueness of landscaping projects was analyzed,and cost was regarded as an important index evaluating performance of landscaping construction enterprises. Based on reviewing limitation of cost control on landscaping construction enterprises,enhancing construction management,controlling cost reasonably,and reducing project cost were proposed as the foundation and core content of enterprise cost management,and also the key to successful project management.By combining with design practices,suggestions for enhancing construction management of landscaping project,controlling cost and improving profits were given.
文摘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.
文摘Despite the presence of various construction project cost estimate softwares, human experience and knowledge cannot be disregarded. This fact has been proven in practice, where the success of construction cost estimate process is mainly based on knowledge of human estimator. The main question concerns what human knowledge determines the success of the construction cost estimation process. To address this question we have applied Delphi technique and the output is eleven factors that are enough to precisely represent construction cost estimator knowledge. Then we have used First Order Logic (FOL) to represent these factors in terms of predicates and rules. These FOL rules could be used for evaluating construction cost estimator knowledge in five classes: fail, pass, acceptable, good, and very good. As a validation process we have done experiments using history data and the results have proved the accuracy of our proposed method.
文摘Recently, the highway construction projects increase rapidly in Vietnam and most of them are international contracting projects. It results serious negative influence on the local government and enterprises that the common cost overrun of projects, and the risk factors of it is different in the different countries, different stages and projects types. So in this paper, we generate an evaluation index system of highway construction projects cost overrun risk in Vietnam in the perspective of different project participants, and also evaluate the effects of these factors in method of regression analysis. The empirical results confirmed 7 main factors that have aggravated cost overrun risk in construction stages, e.g. survey and design scheme risk. In final, the corresponding suggestions are proposed to reduce the project cost overrun risk.