Study on the Engineering Cost Management Systems

2013 ◽  
Vol 357-360 ◽  
pp. 2621-2624
Author(s):  
Hua Zhi Zhang ◽  
Fang Pan ◽  
Zhen Hua Zhang ◽  
Cai Yun Cheng

A basic engineering cost management system is basis about the engineering cost management for national or regional. As the main basis of engineering cost is determined by two factors are engineering quantity and unit price, so the basic engineering cost management system should reflect the management and control model in the project of "quantity" and "price" of these two aspects in any country or region.

2020 ◽  
Vol 2 (3) ◽  
pp. 53-59
Author(s):  
I. V. ZOLOTUKHINA ◽  
◽  
I. N. KAZAKOVA ◽  
V. L. KARACHURIN ◽  
◽  
...  

The article highlights the issues of improving the enterprise cost management system in the current economic conditions. In this aspect, issues related to the problem of choosing a control method are considered; the advantages and disadvantages of traditional and innovative cost management systems are considered.


Author(s):  
N. Radionova ◽  
S. Breus ◽  
M. Denysenko ◽  
Ye. Khaustova ◽  
A. Matiukh

The article presents the basic principles of a criteria-based approach to the analysis of the cost management system of business structures. The expediency of analysis for each stage of the cost management process is indicated. The stages of cost management are determined: development (adoption) of a solution, implementation of a solution and control. The method for calculating complex and resulting criteria for analyzing the effectiveness of the cost management system on the example of sewing enterprises is proposed. Among the main results of the proposed criterial approach, the assessment of the effectiveness of the cost management system of a business structure in the context of each stage of management and the possibility of comparing the effectiveness of cost management systems at different enterprises are determined. For each stage of management, the six local criteria have been developed and their quantitative characteristics are indicated to analyze the level of efficiency of the cost management system. Local criteria can take values from 0 to 1. For each of them, there are three options for the accepted value: the most and least effective and intermediate value. Local criteria are combined into a complex criterion. The complex criteria for each stage of management constitute the resulting criterion for assessing the cost management system of the business structure. The closer the obtained value of the resulting criterion is to 1, the more effective the cost management system at the enterprise becomes. The analysis of indicators of five leading domestic enterprises of the garment industry was carried out according to the given methodology. It was found that the performance indicators of each of the studied enterprises are almost half of the optimal result. It is noted that the researched enterprises need to focus on improving the existing cost management systems. Moreover, each enterprise has the cost management system with the different operating efficiency at each stage of management. That is, the proposed methodology allows enterprises to identify problematic aspects in the context of management stages and to make changes to the cost management system in order to increase its efficiency.


2014 ◽  
Vol 651-653 ◽  
pp. 1655-1658
Author(s):  
Mei Tian Wang

Information highway with computer network technology as the core, its rise and development, make the function of information system and the connotation constantly development and improvement, for the future information society provides an efficient, fast, and even intelligent work environment. In view of the defects of petroleum in engineering cost management, it put forward the " design of petroleum engineering cost management system based on B/S architecture ", by this scheme can improve the efficiency of existing petroleum engineering cost management, cost management for oil development has great benefits.


2020 ◽  
Author(s):  
Devashish Sen ◽  
Rohini Srivastava ◽  
Nitin Sahai ◽  
R. P. Tewari ◽  
Basant Kumar

2021 ◽  
Author(s):  
Mourougavelou Vaithianathan

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.


2020 ◽  
Vol 12 (515) ◽  
pp. 326-331
Author(s):  
O. T. Polishchuk ◽  
◽  
Y. O. Bernadska ◽  

The article is aimed at researching the essence of costs for the quality of production, their importance and necessity, the reliability of reflection in the accounting system, which will ensure the efficiency of managerial decision-making and the introduction of a cost management system at the enterprise, including in terms of costs for the production quality. Approaches to the essence of quality costs are analyzed, researches of scientists on the need for such costs in the cost management system of enterprise and the production quality management system are substantiated. Approaches to the feasibility of classification of quality costs on the basis of requests from the managers of different levels of management are considered, as well as the formation of their nomenclature and catalogue in terms of costs for quality provision and for the correction of rejects. The need to introduce a system of accounting for the production quality as an informational component of making effective managerial decisions is substantiated. The researchers’ proposals for displaying quality costs in the accounting system are examined. A generalized algorithm of the process of organization of accounting for costs of production quality is proposed, which provides for: setting tasks for accounting costs for quality; determination of objects of accounting and classification of such costs, methods of assessing the costs of production quality, system of accounts; development of a complex of documentary support. The components of each stage of this algorithm are substantiated. It is determined that the efficiency of the quality costs management system depends on reliable accounting and analytical provision at all stages of the economic process of their occurrence, accumulation, distribution and write-off.


Author(s):  
S. A. Tunin ◽  
A.V. Frolov

The article presents the results of the development and testing of cost management methods in agricultural organizations. The purpose of the activity of any organization that has set itself the task of extracting profit is its growth and increasing the efficiency of its activities. As a rule, all organizations strive to maximize their profits while minimizing the costs incurred. In modern economic conditions, such an approach is possible only with a properly constructed effective cost management system. Rational use of available resources by organizations of the agro-industrial complex with proper cost management will allow organizations to be competitive in the market and carry out their activities in the foreseeable future. The subject of the study is the cost management accounting system, the object of the organization of the agro-industrial complex of the Stavropol Territory. The information base was the forms of specialized reporting of agricultural organizations of the Stavropol Territory. The scientific novelty of the research consists in the development of a methodology for the cost management system in the agro-industrial complex organizations of the Stavropol Territory.


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