Cost Management of Highway Construction Based on the Internal Data of Construction Enterprise

CICTP 2017 ◽  
2018 ◽  
Author(s):  
Xiao-Dong Zang ◽  
Feng Ouyang ◽  
Bin Xie
Keyword(s):  
Cost Management ◽  
Highway Construction ◽  
Construction Enterprise

Improve Responsibility Cost Management Level of Construction Enterprise by Information System

2014 ◽  
Vol 584-586 ◽  
pp. 2297-2300 ◽  
Author(s):  
Na Cao
Keyword(s):  
Information System ◽  
Cost Management ◽  
Market Competition ◽  
Management Model ◽  
Sufficient Information ◽  
Construction Enterprise ◽  
Management Level ◽  
Internal Information ◽  
Responsibility Cost ◽  
The Cost

In order to survive in the fierce market competition, construction enterprise must be able to provide high quality and low cost building products. The cost management level of enterprise determines its ability to obtain economic benefits. The responsibility cost management mode that involves everyone participation could enhance management level of enterprises. To eliminate internal information island and information asymmetry, information should communicate between each cost management department. The responsibility cost management model of internal information circulation covers the whole process of project, the cost of project could be reflected timely and accurately, the sufficient information could provide support for every manager decision, then the effectiveness and overall level of responsibility cost management could be enhanced. Thus, with the help of information system, construction enterprise could form a scientific and standardized management model.

Study on Cost Management Informatization of the Hydroelectricity Construction Enterprise

2013 ◽  
Vol 438-439 ◽  
pp. 2017-2021
Author(s):  
Xiao Na Chai ◽  
Wei Jun He
Keyword(s):  
Sustainable Development ◽  
Cost Management ◽  
Reference Value ◽  
Three Gorges ◽  
The Sustainable Development ◽  
Construction Enterprise ◽  
Profit Margins ◽  
Construction Enterprises ◽  
The Three Gorges ◽  
The Cost

In the environment of the lowest price winning the bid, competition among the hydroelectricity construction enterprises has become increasingly fierce. For the sustainable development, they have to take low profit margins, even at the cost price for the successful bid. So the cost management, as one part of reducing expenditure of the hydroelectricity construction enterprises, is important. According to the investigation of the current situation of the cost management of The Three Gorges Company Gezhouba Group Co., Ltd, this paper proposes the method establishing the cost analysis database and the concrete steps, intending to improve the efficiency of the cost accounting and analysis by means of the information technology, and win the bidding competition advantages for the hydroelectricity construction enterprises. Meanwhile, this paper hopes that the measure has some reference value for the same industry.

Discussion on Objective-Cost Planning for Construction Project Objective-Total Cost Management

2014 ◽  
Vol 638-640 ◽  
pp. 2323-2326 ◽  
Author(s):  
Shu Min Nie ◽  
Jun Yan Liu
Keyword(s):  
Cost Management ◽  
Construction Project ◽  
Building Construction ◽  
Median Income ◽  
Construction Enterprise ◽  
Total Cost ◽  
Cost Center ◽  
Cost Planning ◽  
Management Method ◽  
The Cost

The construction project for the construction woks is the cost center of the construction enterprise and the standpoint of the cost management for the construction enterprise, strengthening the cost management is the inevitable choice of the construction enterprise to accumulate the funds and enhance the competitiveness. Since the construction project period is long, it is complex to recognize the median income and measurement of the intermediate cost, and the bidding period and the cost incurred after putting into use are uncertain, the traditional cost management method no longer meets the practical needs of the management for the building construction enterprise. This requires us to be innovative in the cost management mode of the construction project, and make a scientific estimation in the future level of cost and possible future trends through the objective-cost planning research of the construction project.

Research on the Cost Management of Construction Machinery Based on Lean Thought

2013 ◽  
Vol 391 ◽  
pp. 362-365
Author(s):  
Qian Qian Zheng ◽  
Yun Ning Zhang
Keyword(s):  
Production Efficiency ◽  
Cost Management ◽  
Maximum Output ◽  
Construction Enterprise ◽  
Construction Machinery ◽  
Construction Project Cost ◽  
Value Flow ◽  
Important Position ◽  
Fierce Competition ◽  
The Cost

In recent years, with the continuous improvement of construction mechanization, construction machinery has become important business productivity in construction enterprise. If who wants to gain advantages in the fierce competition in the market, the most fundamental method is under the premise of quality assurance,implementing comprehensive cost management, using minimal input to gain the maximum output, and creating the maximization economic profit. In view of the important position of construction machinery in the construction enterprise, and the influence of cost, the paper puts forward to lean thought, establish construction project cost control management pattern, built a system of value flow, specific measures on reducing construction machinery cost for increasing the enterprises production efficiency and economic benefit.

scholarly journals Improving the Cost Management System at a Construction Enterprise

2021 ◽  
Vol 3 (518) ◽  
pp. 225-231
Author(s):  
M. V. Volkova ◽  
◽  
A. B. Shved ◽  
Keyword(s):  
Management System ◽  
Financial Stability ◽  
Construction Projects ◽  
Cost Management ◽  
General System ◽  
Construction Enterprise ◽  
Managerial Decisions ◽  
Economic Entity ◽  
Cost Management System ◽  
The Cost

The article improves the cost management system of construction enterprise. It is specified that the process of managing costs at a construction enterprise depends on the efficiency of the existing general system of the organization management and the level of use of certain methods and instruments by which effective managerial decisions are made to ensure financial stability. A definition of a system of cost management of construction enterprise is provided, whereby the system of economic interests and management methods of directed influence on the interests of the economic entity in order to coordinate them with different groups of stakeholders to comply with the relevant proportions in the formation of costs is meant. It is noted that today, in the face of stiff competition in the construction industry of Ukraine and negative trends in the country’s economy related to the COVID-19 pandemic, solution to the issues of improving the cost management system should be based on the concept of strategic management, management in terms of special purpose self-cost, target-costing and kaizen-costing as means of achieving the specified construction enterprise costs. It is concluded that the improvement of the cost management system of construction enterprise is possible on the basis of making effective managerial decisions based on the use of scientifically based approaches to analyzing the cost structure, planning the level of costs, planning profits taking into account the amount of expenses made, along with implementation of an effective system of motivation of employees to control and reduce costs, etc. The proposed cost management system of construction enterprise will allow to organize and purposefully implement a policy of comprehensive reduction of the self-cost of construction products, rationally invest in modern construction projects, and implement the set strategic goals.

Sign in / Sign up

Export Citation Format

Share Document