Management Research on the Construction Enterprise Project Cost

2013 ◽  
Vol 357-360 ◽  
pp. 2193-2196
Author(s):  
Hai Yan Zhang ◽  
Jin Wei Zhao
Keyword(s):  
Control Process ◽  
Economic Benefits ◽  
Construction Process ◽  
Management Research ◽  
Building Projects ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Building Process ◽  
Planning And Construction ◽  
The Cost

Currently, in our many construction building process, due to the volatility of the market, the complexity of the construction, and many other factors, make the cost is difficult to precisely control a certain influence on the economic efficiency of enterprises, is not conducive to the construction enterprises cansustainable development. In this paper, in order to better improve the economic benefits of construction enterprises, and to promote the better development of the field of building projects in China, analysis of the construction process of the project, the factors that affect the cost of the project and further explore how to effectively do the costs of planning and construction cost control process.

scholarly journals Research on the Fine Cost Management of Port Engineering Project Based on BIM

2020 ◽  
Vol 4 (2) ◽  
pp. 42
Author(s):  
Jian Yin ◽  
Huiyun Zhou ◽  
Jing Yang
Keyword(s):  
Cost Management ◽  
Construction Cost ◽  
Economic Benefits ◽  
Construction Process ◽  
Engineering Project ◽  
Whole Process ◽  
Project Construction ◽  
The Cost ◽  
Port Engineering ◽  
Very High

<p>With the development of economic globalization, the scale of international trade continues to expand. Ports are very important for cross regional transactions. However, the construction cost is also very high in the actual construction process because port engineering is a relatively large project. Cost management can effectively control the cost and improve the economic benefits of port engineering project construction. The traditional cost management model has been unable to meet the needs because the construction cost control is a dynamic process and runs through the whole process of the project. BIM information technology is a technology with engineering digital model as the core. Based on BIM, this article studies the refined cost management of port engineering project, and aims to provide some help for relevant practitioners.</p>

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.

scholarly journals Organization of management’s construction and providing processes in the management system of construction enterprise

2018 ◽  
Vol 170 ◽  
pp. 01026
Author(s):  
Olga Stupakova ◽  
Vyacheslav Sokolnikov ◽  
Irina Osipenkova ◽  
Rosa Nurgalina
Keyword(s):  
Management System ◽  
Information Technologies ◽  
System Organization ◽  
Construction Process ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Optimum Planning ◽  
Operational Management ◽  
Minimum Intensity ◽  
Construction Works

In this article questions of operational management of construction processes are considered, functions of management system of the construction and providing processes in the construction and Assembly enterprise are given. The article presents the methods of management system organization in CIC and its structure, types, types and forms of management in CIC. In addition, the article presents the main definitions related to management and organization in the CIC. The questions of delayed proactive and delayed lagging control at the stages of project preparation and construction works are considered. Introduced a new concept in the management system of the organization-the tension of operational management of the construction process. It is proved that the management system of the organization using methods of operational adaptive, tracking and optimum planning of performance of construction and providing processes implementing the criterion of the minimum intensity of Tom → 1 and operating with considerable arrays of the current values of parameters of management represents the perspective direction of introduction of information technologies in activity of the construction enterprises.

scholarly journals Challenges Confronting Nigeria Indigenous Construction Enterprise

2020 ◽  
Vol 11 (1) ◽  
pp. 63-73
Author(s):  
Olusegun Emmanuel Akinsiku
Keyword(s):  
Primary Data ◽  
Construction Enterprise ◽  
Net Worth ◽  
Construction Firms ◽  
Construction Enterprises ◽  
The Face ◽  
Important Means ◽  
The Cost ◽  
Work Done ◽  
Cost Of Construction

Construction activities in Nigeria are dominated by foreigners’ managed construction enterprises. These companies constitute less than 5 percent of the number of construction enterprises in Nigeria; however, they are involved in over 95 percent of high net-worth construction activities. Nigeria Indigenous Construction Enterprises (NICE) are faced with numerous challenges that have limited their performances. This makes construction clients to patronize foreigners’ managed construction firms because of the flaws in the performances of NICE. There have been measures on how to make NICE relevant, but most attempts have achieved little or no success. This study was aimed at examining the challenges of NICE in the face of the present scenario and to proffer ways of possible improvement. Primary data were collected by administering a structured questionnaire to both clients and contractors who are involved in the day-to-day construction activities. Data collected were analyzed using descriptive statistics, mean score and Kruskal-Wallis test. The study identified 25 challenges of NICE and 18 ways of improving NICE performance through careful literature reviews. The analysis of the total ranking among stakeholders revealed that limited technical expertise, insufficient profit on projects and delay in the payment of contractors for work done were the highest-ranked challenges. Application of project management techniques in construction activities, quality control of materials and improving production capabilities were the most important means of improving NICE performance as identified. The findings of this study will help to improve the competitiveness of indigenous contractors if well implemented as it will help to reduce the cost of construction as the competition nest for performing contractors will be widened.

Problem Analysis and Countermeasures of the Construction Enterprises in the Green Construction

2013 ◽  
Vol 291-294 ◽  
pp. 1016-1020
Author(s):  
Jia Sheng Jin
Keyword(s):  
Construction Industry ◽  
Economic Benefits ◽  
Problem Analysis ◽  
Construction Work ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Green Construction ◽  
The Subject ◽  
Countermeasures And Suggestions ◽  
Relative Concept

Green construction is a relative concept, development, become the subject of the relevant departments of the State and enterprises need to seriously consider building green construction to carry out construction work in sustainable development boom. This paper describes the construction enterprise green construction; analysis learned difficult to implement green construction, mainly in four areas, namely the lack of awareness of green construction, current management mechanism is not perfect, irrational development of the construction industry as well as economic benefits can not be is embodied, and for these reasons put forward countermeasures and suggestions to expedite the implementation of green construction in the construction work carried out.

Cost Management Method with Value Engineering

2012 ◽  
Vol 433-440 ◽  
pp. 2114-2119
Author(s):  
Xiao Yong Li ◽  
Kang Xu ◽  
Li Jun Cao ◽  
Si Yuan Wang
Keyword(s):  
Cost Control ◽  
Cost Management ◽  
Control Process ◽  
Core Competency ◽  
Current Theory ◽  
Economic Benefits ◽  
Theory And Practice ◽  
Value Engineering ◽  
Target Costing ◽  
The Cost

The use of value engineering in China has grown significantly in the last twenty years. With keen competition in construction market, the cost control is the key measure to increase the economic benefits in the company and enhance the core competency of enterprises. This paper makes a holistic appraisal of value engineering as used in Chinese construction industry by investigating current theory and practice. It evaluates value engineering projects. This research suggests a methodology for the cost control process in construction enterprise, aiming at the correct systematic approach of Value Engineering and target-costing in cost management. The value engineering and target-costing are complementary processes. This proposed approach was validated in a case study, aiming at improved product cost, functionality and quality accomplishment, in accordance with customer needs and the company strategy.

scholarly journals Total production costs of construction enterprise features of distribution

2021 ◽  
Vol 2 (47) ◽  
pp. 86-93
Author(s):  
L. Husarova ◽  
O. Rubtsova ◽  
D.S. Olenich
Keyword(s):  
Indirect Costs ◽  
Production Costs ◽  
Total Production ◽  
Construction Enterprise ◽  
Construction Company ◽  
Construction Enterprises ◽  
Formal Procedure ◽  
The Cost ◽  
Cost Of Construction

The article considers the peculiarities of the distribution of total production costs, taking into account the specifics of the construction enterprises of Ukraine. It is established that the accounting processes are regulated by UAS 16 "Costs" and UAS 18 "Construction contracts", but in practice the implementation of  the distribution of overhead costs becomes a formal procedure due to insufficient definition and presentation in the current regulatory framework of the classification of costs. It is noted that in construction there are three types of cost of construction and installation work: estimated, which includes regulatory costs due to estimated norms and current prices; planned, which includes the cost of construction and installation work and is determined on the basis of technical and economic calculations using economically justified norms and standards of costs for construction and installation work under normal capacity of the construction company and the actual, including the actual costs of the construction company, incurred during construction and installation work.  This feature leads to the possibility of significant differences in the actual and estimated cost of construction. The schematic connection of the classification of costs by economic elements and costing items in calculating the cost of construction and installation work is given. It is determined that the improvement of accounting for total production costs should be an element of strategic management in the construction company as there is a tendency to increase in recent years. Carrying out the correct distribution of  total production costs requires further development of regulatory and methodological framework, firstly, by improving the classification of indirect costs with the development of criteria for determining their fixed and variable part, and secondly, developing criteria for selecting the optimal distribution base of construction enterprises. It is considered promising to use information technology for more accurate calculations and improve the working conditions of analysts in the distribution of  total production costs.

scholarly journals METHODICAL AND ORGANIZATIONAL FEATURES OF ACCOUNTING INVENTORIES OF ENTERPRISES

2020 ◽  
Author(s):  
Tetyana Polova ◽  
◽  
Tetyana Ohrey ◽  
Keyword(s):  
Methodological Approach ◽  
Economic Benefits ◽  
Information Support ◽  
Accounting System ◽  
Economic Activities ◽  
Operating Cycle ◽  
Maximum Information ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Construction Companies

The purpose of article is to substantiate formation of information support for movement of inventories of construction enterprises by clarifying methodological and organizational accounting aspects. To achieve this goal, task is to identify and summarize main provisions of methodological approach to accounting for inventories at the enterprise. The basis of study is a systematic approach to knowledge of accounting procedures and technology of accounting for inventories of enterprise, as well as methods of logical generalization and comparison, synthesis and generalization, abstract-logical. It is recommended that inventories for accounting purposes should be understood as material resources (assets) received by the enterprise for their use in economic activities and which in future will provide economic benefits, and their value will be transferred to manufactured products in one operating cycle. Clarification of the definition of inventories allows you to more accurately identify objects of accounting that belong to composition of inventories. The order of production inventory technology is formed, which significantly affects effective implementation of accounting policy of enterprise through the selection of appropriate modules: organization of inventory accounting, synthetic and analytical accounting of inventory movement and formation of reporting forms, which discloses information about state and movement of inventories. The chain of movement of production stocks of construction enterprise in system of accounting objects is developed for purpose of providing the reliable data on their change in structure of property in accounting. It is recommended to pay attention of construction companies to improvement of accounting system in certain aspects to ensure maximum information of management or owners. The practical value of article is to provide recommendations for determining the basic aspects of primary monitoring and outlining contours of technology of accounting for inventories at construction enterprises. The scientific value lies in substantiation of basic conceptual foundations of inventory accounting.

Establishment of Quality Cost Control Balance System Forconstruction Enterprise

2013 ◽  
Vol 405-408 ◽  
pp. 3410-3413
Author(s):  
Yan Zhang ◽  
Jun Sheng Mu
Keyword(s):  
Control System ◽  
Cost Control ◽  
Quality Cost ◽  
Construction Enterprise ◽  
Construction Enterprises ◽  
Balance System ◽  
The Cost ◽  
Control Balance ◽  
Cost Of Construction ◽  
Comparative Observation

Quality is the life of the construction enterprise,reducing the cost of construction is the goal of enterprise pursuit, the factors must be considered are analyzed in the establishment of construction enterprise quality cost control system, according to the observation, comparative observation and expected results, when necessary corrective action steps, the quality cost control system is established in construction enterprises, in order to achieve the best balance of quality and cost of the construction enterprise

Analysis of causes and impact of variation order on educational building projects

2016 ◽  
Vol 14 (2) ◽  
pp. 139-164 ◽  
Author(s):  
Luqman Oyekunle Oyewobi ◽  
Richard Jimoh ◽  
Bashir Olanrewaju Ganiyu ◽  
Abdullateef Adewale Shittu
Keyword(s):  
Average Cost ◽  
Project Performance ◽  
Project Delivery ◽  
Construction Process ◽  
Building Projects ◽  
Content Type ◽  
Time Performance ◽  
Significant Difference ◽  
The Cost ◽  
The Impact

Purpose Construction process is complex and traditionally fragmented; thus, it is almost impossible to have a project completed without changes to the original plan or the construction process. The purpose of this study is to identify and examine the causes of variation orders, ascertain their effects and establish the cost and time performance implication as a result of variation orders. Design/methodology/approach This study obtained information from 90 construction stakeholders on 30 completed educational building projects to ascertain the causes and effects of variation orders on project delivery using questionnaire survey. In addition to this, a pro forma document was designed to obtain the project characteristics, cost and time data from these 30 completed educational building projects. Factor analysis was used to categorise the causes of variation orders, while severity index was used to examine their effects on project delivery. The hypothesised statement was tested using paired t-statistics to examine whether a statistically significant difference existed between variation orders, cost and time performance of the projects. Findings The study identified 13 main factors as causes of variation orders and the results revealed that the most frequent effects of variations were increase in construction costs, time, client dissatisfaction, increase construction project rework and demolition and project abandonment. The results also showed that variation orders had significant effects on both cost and scheduled performance of the educational building projects with average cost and time escalation of 33.95 and 29.45 per cent of the original project cost and time, respectively, for the entire projects studied, while average cost implication of variation orders is 23.79 per cent. Practical implications The findings in this study will be of assistance to government agencies and management of public works in higher institutions of learning in managing variations in construction projects. The study will also add to the current literature on the impact of variation orders on educational building projects in developing countries. Finally, it will create the much-needed awareness on the severity and implication of change or variation orders on project delivery. Originality/value The study identified and examined the causes of variation orders, ascertained their effects and established the cost and time effects of the causes of variation order on project performance. This will assist project initiators, contractors, consultants and other stakeholders to fully appreciate and understand the significant effects of variation orders on project performance.

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