scholarly journals EVALUATION CRITERIA OF FIXED ASSETS IN THE COST MANAGEMENT MECHANISM OF THE ORGANIZATION

2021 ◽  
Vol 2 (№12 2021) ◽  
pp. 341-348
Author(s):  
N.A. Lytneva ◽  
G.V. Denisieva
Keyword(s):  
Cost Management ◽  
Evaluation Criteria ◽  
Management Mechanism ◽  
Fixed Assets ◽  
The Cost

Study on the Management of Construction Cost in Substation Project

2014 ◽  
Vol 1030-1032 ◽  
pp. 2639-2642 ◽  
Author(s):  
Qian Fang Pei ◽  
Han Meng Zhang ◽  
Ya Kun Yang
Keyword(s):  
Project Management ◽  
Process Control ◽  
Control Theory ◽  
Cost Management ◽  
Construction Cost ◽  
Current Situation ◽  
Value Engineering ◽  
Management Mechanism ◽  
The Cost ◽  
Cost Of Construction

As the market establishing and the project management mechanism for deepening reform , the project cost management is in a core position and playing increasingly important role in the project . Based on cost management analysis and relevant theories and methods, and it combined the content, features and current situation of cost management in substation project. The paper uses the method of PDACE process control theory and value engineering, it is applied to the cost management.of the substation project. This study played a major role on reducing the cost of construction project.

scholarly journals VALUE MANAGEMENT OF CONSTRUCTION PRODUCTS

2020 ◽  
pp. 18-23
Author(s):  
A. V. Kozlovsky ◽  
O. E. Astafieva ◽  
N. A. Moiseenko
Keyword(s):  
Cost Management ◽  
Point Of View ◽  
Value Management ◽  
Construction Sector ◽  
Management Mechanism ◽  
Main Emphasis ◽  
Construction Products ◽  
Management Functions ◽  
The Cost

The issues of cost management from the point of view of substantiating the reduction in the cost of investment products in order to create reasoned conditions for the interest of investors in long-term investments have been considered. The main emphasis on the real economic sector has been made, since it is in this sector that budget revenues at all levels are generated and overall economic growth is ensured. The existing mechanism of cost management in the implementation of investment programs has been assessed. Attention to the main elements of the cost management mechanism in the investment and construction sector of the economy has been paid. Factors that determine the level of production expenses taking into account the specifics of construction products have been analysed. An attempt to justify multi-factor cost management has been made. Management functions by performers have been differentiated.

Planning for Reuse. Developing a Strategy for the Northern Territory, Australia

1991 ◽  
Vol 24 (9) ◽  
pp. 31-43 ◽  
Author(s):  
M. D. Burgess
Keyword(s):  
Potable Water ◽  
Cost Management ◽  
Sewage Treatment ◽  
Northern Territory ◽  
Sewage Effluent ◽  
Cost Benefits ◽  
Management Procedures ◽  
Marketing Activities ◽  
Harsh Climate ◽  
The Cost

A harsh climate, extended dry periods and relatively expensive water resources underly the potential for effluent reuse in the Northern Territory, Australia. The cost of supplying potable water and the potential offsetting effects of utilising sewage effluent are reviewed. The need to firmly establish the true cost to the community of different supply options is identified. Major cost benefits accrue where reuse will enable deferment of either significant potable source augmentation or sewage treatment works upgrading and where horticultural prospects are good at a reuse site close to the treatment works. An overall strategy plan for increasing the potential of reuse is described. This plan includes firm cost management procedures, marketing activities, appropriate land planning measures and a commitment to research and development.

Research on Project Cost Management Model of Ecological Construction

2011 ◽  
Vol 480-481 ◽  
pp. 1197-1200
Author(s):  
Feng Liu ◽  
Jun Min Wang
Keyword(s):  
Project Management ◽  
Energy Consumption ◽  
Construction Projects ◽  
Cost Management ◽  
Building Energy ◽  
Management Model ◽  
Building Energy Consumption ◽  
Specific Cost ◽  
The Cost ◽  
Ecological Construction

In recent years, in order to reduce building energy consumption in China, and vigorously promote the development of ecological construction, the paper studies disadvantages of the cost of traditional project management applications in the ecological construction projects, exploring specific cost management adapt to the ecological construction project.

scholarly journals Web based cost management tool prototype development using temporal-activity based costing (Temporal-ABC)

2021 ◽  
Author(s):  
Mourougavelou Vaithianathan
Keyword(s):  
Management System ◽  
Cost Management ◽  
Plant Performance ◽  
Management Tool ◽  
Activity Based Costing ◽  
Product Cost ◽  
Web Based ◽  
Prototype Development ◽  
Cost Management System ◽  
The Cost

The cost management system is a powerful tool for managers to understand manufacturing plant performance. It is essential for any organization to develop a cost management system to estimate the product cost and to account actual cost spent for the product manufacturing. The Activity Based Costing (ABC) system has recently attracted the attention of many companies and is considered to provide better information about the cost pattern and the relationship between resources and activities. However, a survey of earlier research reveals that there are several difficulties to estimate the true product cost due to selection of overhead drivers to activities. To overcome these difficulties Temporal-ABC has been developed by Dr. K.D. Tham. In the first part of the report, costing system implementation issues are studied through real-time case studies. Then, research has been conducted and web-based proptotype application is developed using Temporal-ABC through collaboration with a world-class electronics industry - Celestica Inc. Toronto, Canada. The developed prototype demonstrates the application of Temporal-ABC for cost estimation at Celestica.

scholarly journals Macroeconomic uncertainty and cost stickiness

2020 ◽  
Vol 214 ◽  
pp. 01031
Author(s):  
Ziyang Li ◽  
Xi Cheng ◽  
Mengwei Zhang ◽  
Xian Wen
Keyword(s):  
Cost Management ◽  
Adjustment Cost ◽  
Economic Determinants ◽  
Listed Firms ◽  
Macroeconomic Uncertainty ◽  
Cost Asymmetry ◽  
Cost Behavior ◽  
Core Issue ◽  
The Cost ◽  
Cost Stickiness

Cost management is the core issue related to the development of enterprises, and studying enterprise cost behavior will contribute to optimizing enterprise decisions. However, an enterprise is not an independent organization. Instead, it exists and is affected by the macroeconomic environment. So it is conducive for company to apply macroenvironment information to cost management behaviors. This paper studies the cost stickiness based on the perspective of macroeconomic uncertainty, and takes “adjustment cost” and “agency problems” as the internal logic to integrate into the existing interpretation framework of cost stickiness. We analyze SG&A costs for Chinese listed firms over the period 2013 – 2019 after controlling for known economic determinants. The results show a positive relation between the macroeconomic uncertainty and the degree of cost asymmetry. In particular, the macroeconomic uncertainty makes the cost stickiness of human resource cost weaken.

scholarly journals Mechanism of the quality cost administration system

2021 ◽  
pp. 23-26
Author(s):  
Serhii TKACHENKO ◽  
Olena POTYSHNIAK ◽  
Yevheniia POLIAKOVA
Keyword(s):  
Quality Assurance ◽  
Production Process ◽  
Cost Management ◽  
Quality Cost ◽  
Cost Of Quality ◽  
Quality Of Work ◽  
Quality Assurance Process ◽  
Assurance Process ◽  
The Cost

Strengthening the impact of the production and economic mechanism on increasing the economic efficiency of the production process and the quality of work is possible on the basis of choosing the most effective ways to achieve high end results of the national economic system of the country. One of these ways is the inclusion in the system of controlled parameters of the economic parameters of quality cost management, the use of which guarantees the quality coordination system to reach a given economically justified state. Adjustment of quality costs consists in maintaining the established proportions between the costs of quality assurance (quality) and the mismatch of work quality indicators, which is achieved by controlling the level of defects, maintaining certain conditions, rules and norms corresponding to the optimal mode of work on quality assurance and the optimal value costs. The quality assurance process is based on a classification represented by a range of activities aimed at ensuring the quality of tools, objects of labour, living labour and information data at all stages of the production process. The costing methodology is based on the selection of the costing object and costing units. Representation of work on quality assurance as an object of calculation, and hours of work or total amount of work as calculation units allows at the right time to present in value terms both the quality assurance process as a whole and the cost of quality for the product. The recommended mechanism of the cost management system in general is focused on a wide range of enterprises and associations, and its use allows to obtain the effect of minimizing the cost of quality, as well as improve the quality of work to ensure product quality, ice directly contribute to production efficiency and quality. Increase of economic benefit at the expense of cost control system solutions of the problem in the future is possible if its implementation on the basis of the theory of functional management development, conversion of static model into a dynamic coordination costs.

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