Some Suggestions for China Construction Project Investment Control Present Situation Based on FIDIC Contract

2012 ◽  
Vol 209-211 ◽  
pp. 1294-1297
Author(s):  
Zhen Wen ◽  
Qi Lan Zhou
Keyword(s):  
Quality Control ◽  
Project Management ◽  
Construction Management ◽  
Construction Project ◽  
Present Situation ◽  
Project Investment ◽  
Progress Control ◽  
Standardization Document ◽  
Investment Control ◽  
Management Technology

FIDIC contract terms content is quite widespread, it cover project management, technology, economy, law, insurance and so on. It is a normative document been revolve around construction project consultation and management. FIDIC made very detailed regulations to construction management three fields (investment control, quality control and progress control) from law, management, economy, technology and other fields. FIDIC had been became internationally recognized standardization document. It could be use every stage of construction management. This paper through analyze FIDIC contract and combine current construction management state,finally give some advices for construction management.

Study on Management Control Auditing on Construction Project

2011 ◽  
Vol 217-218 ◽  
pp. 262-267
Author(s):  
Xiao Yan Wang ◽  
Shao Yan Fan
Keyword(s):  
Performance Evaluation ◽  
Project Management ◽  
Construction Projects ◽  
Construction Project ◽  
Management Development ◽  
Management Control ◽  
Construction Project Management ◽  
Project Investment ◽  
Performance Levels ◽  
Forward Performance

Management and auditing of construction project, which is a certain trend of management development of modern construction project, is a new theory in audit practicing of construction project and an effective way to work out at the highest degree the returns on construction project investment, improve construction project management performance levels, avoid at the highest degree redundancy of construction projects and eliminate waste of resources. This essay points out the importance of the use of management auditing in construction projects based on the analysis of disadvantages in conventional construction projects management. And it builds up frame for management auditing of construction projects, puts forward performance evaluation methods of management control auditing.

scholarly journals A Multi-Criteria Decision-Making Model to Choose the Best Option for Sustainable Construction Management

2019 ◽  
Vol 11 (8) ◽  
pp. 2239 ◽  
Author(s):  
Seyit Ali Erdogan ◽  
Jonas Šaparauskas ◽  
Zenonas Turskis
Keyword(s):  
Decision Making ◽  
Project Management ◽  
Construction Management ◽  
Construction Project ◽  
Sustainable Construction ◽  
Construction Project Management ◽  
Analytic Hierarchy ◽  
Project Construction ◽  
Turkish Case ◽  
Decision Making Model

The article briefly discusses the content and terms of construction project management. It identifies the main problems of construction management and discusses ways to solve those using multi-criteria methods. Well-performed management is one of the critical factors which leads to the success of any significant sustainable project. Construction project management consists of setting goals and defining user requirements, project constraints, and resources needed. This paper aims to create a practically useful model. The paper presents a comprehensive set of criteria, which led to the creation of a decision-making model for construction management, which was applied to a Turkish case study. The Analytic Hierarchy Process (AHP) method and the Expert Choice computer program were used for calculations.

Analysis of Investment Control in Construction Project’s Whole Process

2014 ◽  
Vol 584-586 ◽  
pp. 2415-2418
Author(s):  
Jing Chun Qi
Keyword(s):  
Change Management ◽  
Construction Project ◽  
Effective Management ◽  
Project Investment ◽  
Investment Control ◽  
Whole Process ◽  
Forward Problems ◽  
The Trinity ◽  
Management Of Project

This paper discusses the main methods of the whole process of construction project investment control Including the budget review, bidding control, contract, change management, progress payment disbursed, final accounts audit, etc., with putting forward problems and suggestions that should pay attention to make the project investment control and emphasizing the trinity system of control approaches in advance for effective management of project investment scientifically to make good use of construction funds.

Types and Stages of the Construction Management

2013 ◽  
Vol 405-408 ◽  
pp. 3376-3379
Author(s):  
Hai Xie ◽  
Zhi Jun Zhang
Keyword(s):  
Project Management ◽  
Construction Management ◽  
Time Management ◽  
Construction Project ◽  
Management Decision ◽  
Construction Project Management ◽  
Best Value ◽  
Management Decision Making ◽  
And Control ◽  
Bidding Process

Construction management or construction project management (CPM) is the overall planning, coordination, and control of a project from beginning to completion. CPM is aimed at meeting a clients requirement in order to produce a functionally and financially viable project. CPM is project management that applies to the construction sector. The construction industry is composed of five sectors: residential, commercial, civil, industrial, and environmental. A construction manager holds the same responsibilities and completes the same processes in each sector. All that separates a construction manager in one sector from one in another is the knowledge of the construction site. This may include different types of equipment, materials, subcontractors, and possibly locations. A contractor is assigned to a construction project once the design has been completed by the architect or is still in progress. This is done by going through a bidding process with different contractors. The contractor is selected by using one of the three selection methods: low-bid selection, best-value selection, or qualifications-based selection. A construction manager should have the ability to handle public safety, time management, decision making, mathematics, and human resources.

scholarly journals An enquiry into Investment Control of Engineering Projects

2021 ◽  
Vol 276 ◽  
pp. 02005
Author(s):  
Huilin Chen
Keyword(s):  
Weak Link ◽  
Construction Project ◽  
Development Trend ◽  
Scientific Management ◽  
Optimized Design ◽  
Project Investment ◽  
Engineering Project ◽  
Investment Control ◽  
Key Aspects ◽  
Engineering Projects

The relatively weak link in the current construction project management is the project investment control. There is often a lack of accurate investigation beforehand and the lack of real investigation data, resulting in the lack of authenticity of the investigation report, and it is difficult to calculate the investment spent on the project. Engineering projects are prone to investment risks and cause unnecessary losses. Construction project investment is related to the future development trend of the construction industry. In order to adapt to the development needs of the society, this article discusses current engineering projects from the four key aspects of project investment control—optimized design, good bidding, scientific management, and strengthening of audits. There are problems in the investment process, and the corresponding investment control strategies are discussed. The research conclusions show that these four key aspects play a very important role in engineering project investment control.

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