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.

Pflegerecht

2019 ◽  
Author(s):  
Constanze Janda
Keyword(s):  
Long Term Care ◽  
Service Providers ◽  
Legal Aspects ◽  
Point Of View ◽  
Eligibility Criteria ◽  
Term Care ◽  
The Social ◽  
Long Term Care Insurance ◽  
The Cost

The textbook is dealing with the fundamental legal aspects of the long-term care insurance and the fields of law related to that. The latest legislative developments and reforms, such as the two “Pflegestärkungsgesetze” are presented, thus the book is higly up-to-date. After defining and discussing the concept of “need of care”, the authors present the eligibility criteria and benefits in the long-term care insurance from the claimants’ point of view. Additionally, the legal relations between service providers and the cost-bearers as well as matters of quality assurance are reflected. The focus is set on the social care insurance (SGB XI), but benefits of the health care insurance (SGB V) and the social assistance scheme (SGB XII) related to care are dealt with, too. Schedules, case studies and sample examinations questions make the book a very helpful guide through the law of care for students of law, social work and care. Besides, pracitioners can get a concise overwiev on the recent development in care.

Origin of a Risk-Based Security System

2021 ◽  
Vol 13 (2) ◽  
pp. 1-2
Author(s):  
Marek Adamkiewicz
Keyword(s):  
Social Relations ◽  
Risk Taking ◽  
Technological Progress ◽  
Point Of View ◽  
Armed Conflicts ◽  
Moral Good ◽  
Military Conflict ◽  
Future Goals ◽  
The Cost

In general, from a long-term perspective, we implement various systems aimed to improve our lives. The exception, however, is war, which — by definition — assumes achieving certain benefits through losses. Therefore, in the case of armed conflicts, it is impossible to ensure stabilisation and balance of social relations, as every military conflict, while serving future goals, simultaneously ruins the present ones. After all, war is the manifestation of risks undertaken in the name of uncertain objectives and a tragedy experienced both by losers and winners. War always entails losses, suffering and widespread crime, as well as blurs the concept of moral good. From this point of view, war appears to be foolish and dangerous to life and health. Nevertheless, militarisation has been the most pronounced trend underlining the dynamics of history, driving technological progress and civilisational development, even at the cost of abandoning transcendental hope for the better. War, although an unquestionable evil, does not deter people, but rather entices them, as exemplified by various dangerous behaviours in common risk-taking at various levels.

Costing Systems for Decision Making under Uncertainty Using Probabilistic Models

2016 ◽  
pp. 221-245
Author(s):  
Paulo Afonso ◽  
Victor J. Jiménez
Keyword(s):  
Business Strategy ◽  
Probabilistic Models ◽  
Cost Management ◽  
Point Of View ◽  
Decision Making Under Uncertainty ◽  
Deterministic Models ◽  
Changing Environment ◽  
Proposed Model ◽  
The Cost ◽  
Over Time

One measure of organizations' performance is the cost of products, as this may indicate the level of efficiency and contribute to define the business strategy of the firm. Nevertheless, companies face an increasingly fast-changing environment where the variability in processes, products, technology, prices, among other variables affect the performance of the organization. Particularly, given such changing environment, product and service costs may be changing over time. In this context, deterministic models for costing systems might be inappropriate. Thus, this chapter proposes a model for calculating costs which considers the variability of endogenous and exogenous cost variables. It uses the logic of a Two-Stage costing model and Monte Carlo Simulation. The proposed model may allow to some extent to predict the risk associated with the variability in costs and support the necessary steps which should be taken to better manage such risk, whether from the point of view of processes rationalization and of cost management.

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 Cost Management of Mechanical and Electrical Engineering Project Based on Bim Technology

2018 ◽  
Vol 2 (3) ◽  
Author(s):  
Lifa Zhang ◽  
Zhibo Dong ◽  
Lizhuang Zhang ◽  
Aiping Zu ◽  
Liang Yang
Keyword(s):  
Cost Management ◽  
Electrical Engineering ◽  
Social Economy ◽  
Point Of View ◽  
Construction Time ◽  
Engineering Project ◽  
Actual Application ◽  
Project Construction ◽  
The Cost ◽  
Engineering Projects

With the further development of social economy and science and technology, society has brought new impetus and new challenges for the development of mechanical and electrical engineering. In order to safeguard the sound operation of mechanical and electrical engineering, we must take into account the management effect of project costs while strictly controlling the construction quality of electromechanical engineering projects. There have been some attempts to apply BIM technology to the cost management of electromechanical engineering projects. In this environment, this paper takes the cost management of mechanical and electrical engineering projects of BIM technology as the research object. First, it briefly introduces the theory and characteristics of BIM technology. On the basis of this, it points out the advantages of cost management in combination of electromechanical engineering and BIM technology. Finally, the actual application of this technology in the cost control of electromechanical engineering projects is the final point of view, in order to provide a reference for the project construction time, energy saving, project quality assurance and so on.

scholarly journals ALLOTMENT BOOKING IN INTERMODAL TRANSPORT

Transport ◽  
2009 ◽  
Vol 24 (1) ◽  
pp. 37-41 ◽  
Author(s):  
Ilona Jaržemskienė ◽  
Vytautas Jaržemskis
Keyword(s):  
Demand Uncertainty ◽  
Programming Model ◽  
Empty Space ◽  
Point Of View ◽  
Stochastic Dynamic ◽  
Intermodal Transport ◽  
Demand Forecast ◽  
The Cost ◽  
Day By Day

The article presents a valuable concept seeking to solve the problem of demand uncertainty in intermodal transport. Regular traffic is quite important for moving containers, trailers and swap bodies. To keep regularity with uncertain demand means to have backlogs or empty space. Both of them are inefficient from an economical point of view. In practice, a day‐by‐day demand forecast is meaningful only for the next two or three days. This poses serious allotment management problems to freight forwarders and shippers since long‐term contract allotments need to be planned many months ahead. The article presents a stochastic dynamic programming model for a short‐term allotment planning a model that would be very valuable for implementing intermodal solutions. The presented model evaluates optimal cost policy based on the economic trade‐off between the cost of backlogged shipment and the cost of acquiring additional allotment.

Stakeholder competency in evaluating the environmental impacts of infrastructure projects using BIM

2017 ◽  
Vol 24 (5) ◽  
pp. 718-735 ◽  
Author(s):  
Martina Elizabeth Murphy ◽  
Maja-Marija Nahod
Keyword(s):  
Environmental Impacts ◽  
Early Warning ◽  
Cost Management ◽  
Technical Skills ◽  
Management Plan ◽  
Infrastructure Projects ◽  
Content Type ◽  
Early Warning Indicator ◽  
The Cost

Purpose Building information modelling (BIM) literature reveals a growing interest in the development of a competency-based approach to manage the long-term goals of BIM implementation in infrastructure projects. One long-term goal is mitigation of environmental impacts (EIs). It is proposed that by integrating environmental systems within the BIM model, the technology can act as an early warning indicator to assist stakeholders identify and evaluate EIs before they become critical to delivery. The purpose of this paper is to assess the effectiveness of BIM in identifying EIs on infrastructure projects and investigate the correlation between stakeholder competency and evaluation of EIs. Design/methodology/approach In all, 71 informants that have relevant experience in infrastructure projects were investigated using a two-stage methodology comprising a questionnaire to determine the BIM indicators used to identify EIs and the stakeholder competencies required to assess and evaluate EIs and Behavioural Event Interviews (BEIs) to validate the competencies identified. Findings The findings showed that risk assessments are the most critical early warning indicator in identifying EIs specifically when implemented within the cost management process. The key stakeholder competencies required to successfully evaluate EIs were identified as project organisation and building equitable relationships. BEIs showed these stakeholders to also have high levels of behavioural and contextual awareness. This suggests that, contrary to perceived perception, successful management of EIs is more dependent on collaborative working than the acquisition of technical skills. Findings also indicated that Croatian BIM stakeholders are less experienced than UK BIM stakeholders in project implementation and delivery and that less experienced BIM stakeholders require more emphasis on technical knowledge whilst the importance of “soft skills” is more apparent in experienced stakeholders, notably amongst the UK participants. Originality/value The implications for infrastructure projects show that effective management of EIs can be achieved through alignment of the BIM model with the cost management plan implemented by stakeholders working collaboratively. Hence, the strategic focus for AEC companies working on infrastructure projects should be the development of staff interpersonal competencies rather than solely on project goals and/or an over-emphasis on technical skills.

scholarly journals Cost Management of Mechanical and Electrical Engineering Project Based on Bim Technology

2018 ◽  
Author(s):  
Lifa Zhang ◽  
Zhibo Dong ◽  
Lizhuang Zhang ◽  
Aiping Zu ◽  
Liang Yang
Keyword(s):  
Cost Management ◽  
Electrical Engineering ◽  
Social Economy ◽  
Point Of View ◽  
Construction Time ◽  
Engineering Project ◽  
Actual Application ◽  
Project Construction ◽  
The Cost ◽  
Engineering Projects

With the further development of social economy and science and technology, society has brought new impetus and new challenges for the development of mechanical and electrical engineering. In order to safeguard the sound operation of mechanical and electrical engineering, we must take into account the management effect of project costs while strictly controlling the construction quality of electromechanical engineering projects. There have been some attempts to apply BIM technology to the cost management of electromechanical engineering projects. In this environment, this paper takes the cost management of mechanical and electrical engineering projects of BIM technology as the research object. First, it briefly introduces the theory and characteristics of BIM technology. On the basis of this, it points out the advantages of cost management in combination of electromechanical engineering and BIM technology. Finally, the actual application of this technology in the cost control of electromechanical engineering projects is the final point of view, in order to provide a reference for the project construction time, energy saving, project quality assurance and so on.

scholarly journals Elements of project cost management

2018 ◽  
pp. 41-47
Author(s):  
O.V. Olifer
Keyword(s):  
Cost Management ◽  
Production Structure ◽  
Internal Environment ◽  
Classic Approach ◽  
Management Approaches ◽  
Management Functions ◽  
The Cost ◽  
The Impact ◽  
Cost Factors ◽  
Difficult Subject

The article identified and analyzed the cost factors in innovation projects on the optimization of the production structure in the forestry   enterprises. On this basis the model POV needs to consider the impact of cost and factors of the external and internal environment in which it is planned and implemented each project. In addition to these factors, the cost of the project is affected by other factors that are difficult subject to formal identification, but can affect both positively and negatively. However, to achieve project goals, it is possible only with the application of such well-known management approaches, as the classic approach, it combines such basic management functions as: planning, organization, implementation, control and guidance.

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