Cost control for real estate development projects in China - Part 1: Literature review

The background and purpose, and the current situation of the cost control theory of real estate development project are disscussed in the paper. Problems of cost control for real estate development projects in China are analyzed and summarized. According to the real estate development project cost control problems and related factors, a cost control index system of real estate development enterprise, and a cost control factors index system of real estate projects are constructed respectively. Cost control in the five stages of a real estate development project is introduced and summarized respectively. The five stages include: the investment decision-making, planning and design stage, the bidding phase, project implementation stage, and rental or sale.

Research and Application of Construction Project Cost Control in Engineering Bidding Stage

In order to strengthen cost control in construction project bidding stage, this paper takes the price control in bidding stage as the main line, dedicated to determine the key point in the stage of cost control, and establishes the more objective and reasonable evaluation in view of the comprehensive evaluation method, and combined with the practical application of engineering to demonstrate. This paper not only improved the tendering and bidding stage method of cost control in construction project in our country, and improves the method system of engineering cost control.

Cost Control Strategies for Hubei General Highway Greening Project

In order to respond to the national policy of focusing on the service of building a new development pattern and promoting high-quality development,and to reduce the cost of greening projects while ensuring the effect of highway landscape,a process and cost control points of highway greening design,construction,and maintenance are summarized through a review of the literature.Additionally,this paper examines the attributes of highway greening and proposes cost control strategies that are aligned with these attributes.It is proposed that the implementation of cost control strategies for highway greening should commence at the project establishment phase,with the objective of establishing a comprehensive and effective cost management control system.While guaranteeing the greening landscape effect and the duration of the project,it is essential to regulate the crucial nodes in each phase of the design,construction,and maintenance process.Furthermore,it is vital to facilitate close collaboration between all parties involved,thereby reducing costs,conserving resources,and lowering energy consumption.This approach can also lead to enhanced economic and social benefits for highway greening projects.

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.

Whole-Process Project Cost Management Based on Building Information Modeling (BIM)

The whole-process project cost management based on building information modeling(BIM)is a new management method,aiming to realize the comprehensive optimization and improvement of project cost management through the application of BIM technology.This paper summarizes and analyzes the whole-process project cost management based on BIM,aiming to explore its application and development prospects in the construction industry.Firstly,this paper introduces the role and advantages of BIM technology in engineering cost management,including information integration,data sharing,and collaborative work.Secondly,the paper analyzes the key technologies and methods of the whole-process project cost management based on BIM,including model construction,data management,and cost control.In addition,the paper also discusses the challenges and limitations of the whole-process BIM project cost management,such as the inconsistency of technical standards,personnel training,and consciousness change.Finally,the paper summarizes the advantages and development prospects of the whole-process project cost management based on BIM and puts forward the direction and suggestions for future research.Through the research of this paper,it can provide a reference for construction cost management and promote innovation and development in the construction industry.

A Study on Cost Control of Agricultural Water Conservancy Projects Based on Activity-based Costing

Based on the theory of activity-based costing and the idea of value chain,activity optimization and cost control are carried out on the whole construction process of agricultural water conservancy projects. Through the use of literature review,case analysis and statistical analysis and other methods,with agricultural water conservancy projects as the research object,and comparing activity-based costing with the traditional model of cost accounting,the writer carries out the corresponding value chain analysis,and comes to the following conclusion: the statistical calculation and analysis of the entire construction process based on activity-based costing can accurately and effectively control the costs of water conservancy projects. Through the use of activity-based costing,the cost data of agricultural water conservancy projects is more detailed and accurate,and cost management personnel can also find non-value-added activities,optimize the enterprise's value chain and achieve cost control objectives through the analysis of the activity chain and value chain of agricultural water conservancy projects.

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.

Analysis of Budget and Cost Control of New Green Building Projects

With the increment of public awareness toward ecological environment protection,green building has gradually become an integral part of construction development.Green building refers to a form of architecture that conforms to the current social development form and meets the requisites of energy conservation and environmental protection.The budget and cost control of green building construction project play very important roles in improving the quality of the construction and reducing the cost of the project.This paper mainly analyzes the problems and control measures in the new green building engineering budget and cost control.

Control and Management Measures of Highway Project Cost under the PPP Model

In recent years,China’s society and economy has been developing very rapidly,and various industries are showing a trend of vigorous development.The importance of control and management of project cost in highway project management is becoming more and more prominent.PPP model has been widely used in the control and management of highway project cost with its own unique advantages.The author analyzes the important advantages of the PPP model and the existing problems in the cost control and management of highway projects,and puts forward effective measures for the cost control and management of highway projects using the PPP model,in hope of helping with the smooth implementation of the work.

Discussion on Local Asset Management Companies’ Approach to Revitalizing Uncompleted Real Estate Projects: Taking ZS Asset Management Company as an Example

In recent years,with the vigorous development of the real estate market,the price and scale of real estate have been growing explosively year by year.At the same time,the continuous macro-control of the state and the debt of real estate enterprises are both thundering.The high turnover and leverage operation mode is challenged,and uncompleted real estate projects are constantly emerging.Uncompleted residential buildings are considered scars to developers or cities where these projects are located.If this issue can be solved,uncompleted residential building projects can be revitalized,and the parties involved will also benefit from it.Asset management companies play a key role in the revitalization of uncompleted real estate projects by injecting new vitality into these projects and obtaining relevant policy support from the local government for the pain points and difficulties in these projects,thus promoting the revitalization of uncompleted projects.In order to discuss the approach taken by local asset management companies to revitalize uncompleted real estate projects,this paper takes ZS Asset Management Company as an example.

Full-Process Cost Control of Real Estate Development Enterprises

In the present paper, cost control existing in stages of decision making, drawing design, construction bidding, construction, completion settlement, product sales of real estate development are analyzed and solutions for cost control in each stage are provided.

Construction Cost Control Strategy of Finished House Based on BIM-5D

Building Information Modeling(BIM)technology can not only achieve project refinement management of the construction process based on a 3D model but also form a BIM-5D model based on the fusion of progress data and cost data to achieve the dynamic control of the whole process of project cost.This paper discusses the application of BIM-5D in the cost control of finished house construction,aiming to provide technical reference for China’s finished house project units,so that they can master how to realize the construction of cost control system based on BIM,the monitoring of the key coefficients of the cost,corrective action,to ensure that the project cost deviation is within the controllable range,and to make an effective guarantee for the economic benefits of the project construction.

Global Trade Center Named China’s Most Celebrated Real Estate Project of 2008-09

On February 12,the Ninth Annual Workshop of Chinese Real Estate Development 2009 was held at the Beijing International Hotel with the theme

Fuzzy Set-Based Risk Evaluation Model for Real Estate Projects

With the rapid development of residential real estate market, risk evaluation has been an important task in the process of project. This paper describes a risk evaluation method for residential real estate projects based on fuzzy set theory which uses linguistic variables and respective fuzzy numbers to evaluate the factors. The primary weights of factors and evaluation of alternatives are determined by applying linguistic variables and fuzzy numbers. The notion of Shapley value is used to determine the global value of each factor in accomplishing the overall objective of the risk evaluation process, so the primary weights are revised, thus the importance of factors can be reflected more precisely. A major advantage of the method is that it allows experts and engineers to express their opinions on project risk evaluation in linguistic variables rather than crisp values. An illustration is presented to demonstrate the application of the method in risk evaluation. The results are consistent with the results calculated by conventional risk evaluation method. The research demonstrates that the method is objective and accurate, and is of an application value in the risk evaluation for residential real estate project.

Housing Project——New Spotlight of China's Real Estate Industry

Real estate has been one of the fastest growing sectors in China since its opening to the outside world. The sustained, steady growth of the national economy has provided favourable conditions for the rapid growth of the real estate industry, and the higher profits anticipated have attracted a large volume of overseas capital into the industry. Various real estate companies have flourished, and a number of luxury hotels, villas and holiday

Research on the Low Carbon Development Strategy of the Real Estate Enterprise Based on the Whole Life Cycle of the Project

This paper analyzes the present development situations of the real estate industry, puts forwards the low carbon development strategies based on the project life cycle for the real estate enterprises, and points out the corresponding assistant suggestions according to the predicament in the implementation of low carbon strategy. The purpose is to provide a theoretical reference for low carbon development of the real estate enterprises and the healthy and sustainable development of the real estate industry.

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.

Enhancing the Efficiency of the Management of Real Estate Companies through Organizational Structures

The article represents research on ways to make the management of real estate companies more efficient, starting from their structural organization. The organizational structure of the enterprise is a basic component of the general structure of the company and reflects the “anatomy of the enterprise” and the way of its conception, detailing, and implementation directly influence the activities required to achieve the objectives of the enterprise. On closer examination of a series of organizational charts of real estate management companies, the author observed a tendency to use organizational structures that are inefficient. The main objectives of this article are to bring into the practice of real estate management a model of beneficial organizational structure, both for the real estate management companies and for the construction companies that, besides the building activity, also deal with the management of their own real estate, and to emphasize the particular importance of the organizational structure of the company. The appreciation of the organizational structure represents the process of knowledge, understanding, and explanation of the existing situation through a detailed analysis of the factors that influence its condition through: the enterprise development strategy;the type and complexity of services;the size of the enterprise;the quality of human resources;the changes that take place in the external environment of the company, and last but not least, the legal framework and the statutes of the enterprise.

Thinking substation construction project management methods

One of the most important tasks of security is the quality of the project substation substation construction project management, construction project management, including project bidding and engineering, electrical engineering and civil construction, engineering, quality control, safety management and supervision costs control, on-site supervision over the links, these links chain, indivisible, so long as a part of the management problems, will lead the entire construction project management effectiveness be affected, so it must be every link control and management work done, in order to guarantee the quality of the entire substation, in order to make security of supply substations, electrical safety and vital interests of users are protected. In this paper, the author details the three aspects substation construction management of the project, namely the concept of substation engineering, project management and construction safety, through these three aspects, the author analyzes the construction project management substation existing problems, To solve these problems and issues proposed some measures and construction process that need attention. It launched separately from the design, schedule, quality and other aspects of security and research, and in the course of the study stressed the importance of coordination between elements of construction and construction sectors as well as cooperation between the construction, explains the importance of the project cost control.