Study on Employer's Cost Control in the Bidding Phase

2013 ◽  
Vol 438-439 ◽  
pp. 1791-1795
Author(s):  
Qiu Fang Wang ◽  
Xing Liu ◽  
Juan Fang Li
Keyword(s):  
Active Control ◽  
Cost Control ◽  
Influence Factors ◽  
Construction Cost ◽  
Project Cost ◽  
Rational Use ◽  
Project Construction ◽  
Investment Returns ◽  
Form Of Expression

Bidding stage is one of the important stages of cost control of project construction, which is a form of beforehand control and active control. In order to make rational use of construction funds and pursuit investment returns to a greater extent, the employer should strengthen the construction cost control in the bidding phase. To begin with, this paper analyzes the significance of construction cost control in the bidding phase, states the form of expression of construction cost in the bidding phase, and focuses on the analysis of influence factors of cost control in the bidding phase. Finally it puts forward some countermeasures to prevent the risk of project cost control in the bidding phase.

Research on the Elements of Cost Management in the Engineering Project Construction

2013 ◽  
Vol 711 ◽  
pp. 790-793
Author(s):  
Dong Xiao Niu ◽  
Tong Liu ◽  
Shu Yi Zhou ◽  
Ting Ting Chen
Keyword(s):  
Quality Control ◽  
Cost Control ◽  
Cost Management ◽  
Construction Cost ◽  
Earned Value ◽  
Engineering Project ◽  
Progress Control ◽  
Project Construction ◽  
Engineering Cost ◽  
Relationship Of

In the process of engineering project construction, cost management should be closely around three big targets: cost control, quality control and progress control. This paper analyzes the interacting relationship of these factors, then discussing the elements of engineering cost management based on the earned value method. Finally, it proposed some corresponding suggestions and measures for the developing of cost management.

scholarly journals Application of temporary reinforcement technology in insufficient construction of the understructure bearing capacity of viaduct

2019 ◽  
Vol 136 ◽  
pp. 04080
Author(s):  
Guohui Cao ◽  
Reqiang Liu ◽  
Jing Liu ◽  
Xiang Gao ◽  
Peng Wang
Keyword(s):  
Bearing Capacity ◽  
Three Dimensional ◽  
Social Benefits ◽  
Construction Technology ◽  
Project Cost ◽  
Special Cases ◽  
Project Construction ◽  
Lower Structure ◽  
Traditional Construction

The complex three-dimensional traffic construction often occur when the lower structure cannot bear the construction load and other special cases, indicating the need for temporary reinforcement of the lower structure. In this paper, combined with a project construction example, various temporary reinforcement technologies are adopted to solve the insufficient bearing capacity during understructure construction, which poses a serious danger, to ensure synchronous construction of the understructure and viaduct. Compared with the traditional construction technology, the temporary reinforcement technology proposed in this paper features the advantages of saving project cost and time and has achieved better economic and social benefits.

Bauherrenseitiges Projektkostencontrolling bei Großprojekten unter Verwendung probabilistischer Methoden/Guideline for project cost control for large-scale projects using probabilistic methods

Bauingenieur ◽  
2018 ◽  
Vol 93 (09) ◽  
pp. 355-364
Author(s):  
F. Gschösser ◽  
P. Sander ◽  
P. Lintner ◽  
A. Tautschnig ◽  
M. Entacher
Keyword(s):  
Large Scale ◽  
Cost Control ◽  
Probabilistic Methods ◽  
Project Cost

Der vorliegende Beitrag beschäftigt sich mit bauherrenseitigem Projektkostencontrolling (PKC) bei Großbauprojekten unter Zuhilfenahme probabilistischer Methoden. Das dargestellte PKC-Konzept ermöglicht robuste Gesamtkostenprognosen und eine kontinuierliche Überwachung des Projektbudgets während der Planungs- und Ausführungsphase. Das Konzept basiert auf der in der ÖGG-Richtlinie Kostenermittlung für Projekte der Verkehrsinfrastruktur vorgegebenen Gliederung der Gesamtkosten, welche für die zusätzliche Anwendung in der Ausführungsphase fortgeschrieben wird. Um Unschärfen in der Kostenprognose mit ausreichendem Informationsgehalt zu berücksichtigen, wird das PKC-System mit aktuellen probabilistischen Methoden der Kosten- und Risikoanalyse verknüpft.   Basierend auf den Erkenntnissen aus der praktischen Anwendung des erarbeiteten PKC-Konzepts wurde ein Leitfaden zur Gewinnung sowie zur zyklischen Aktualisierung von relevanten PKC-Daten erarbeitet. Die Anwendung des entwickelten Leitfadens wird anhand eines Beispielprojekts unter Zuhilfenahme der Kostencontrolling-Software RIAAT demonstriert.   Die Erfahrungen aus der Anwendung des PKC-Konzepts und des Leitfadens zeigen den Mehrwert der Berücksichtigung von Kosten für Risiken und Marktentwicklungen in Sinne einer robusten Gesamtkostenprognose sowie Budgetpolitik. Die Anwendung von probabilistischen Methoden zur Berücksichtigung von Unschärfen erhöht die Aussagekraft der ermittelten Ergebnisse. Die detaillierten Ausführungen sowie die klaren Abgrenzungen der Verantwortlichkeiten, welche der Leitfaden vorgibt, helfen Fehler zu vermeiden sowie die Durchführung des Projektkostencontrollings effektiver zu gestalten.

scholarly journals An assessment of cost escalation in building construction project

2021 ◽  
Vol 39 (4) ◽  
pp. 1029-1034
Author(s):  
A. Nazif ◽  
A.K. Mustapha ◽  
F. Sani
Keyword(s):  
Construction Projects ◽  
Building Construction ◽  
Project Cost ◽  
Mean Values ◽  
Design Error ◽  
Project Construction ◽  
Effective Cost ◽  
Building Project ◽  
The Impact ◽  
The Relationship

Estimating of cost for building construction projects with minimum error at the conceptual stage of project development is quite  essential for planning. This study seeks to evaluate factors responsible for cost escalation of building construction projects.  Questionnaires were administered to examine and assess these factors. Subsequently, the mean score value of each factor was determined. In addition, Correlation and Linear regression analyses were used to establish the relationship between these factors. Factors responsible for cost escalation in projects were examined as well as the impact of those factors, and occurrence of those factors on project cost. The result of the analysis showed that, the most agreed factors responsible for project cost escalation were; inadequate supervision, irregular payment, and design error, having high mean values of 4.25, 4.20, and 4.15, respectively. Also, correlation analysis result established that the factors responsible for cost escalation and the impact of cost escalation had significant R and R2 of 0.81 and 0.70 respectively. Addressing these factors would go a long way in reducing the escalation of building project cost. Never the less, an effective cost management strategy is absolutely necessary to safeguard and sustain the construction  industry. Keywords: cost escalation, building project, construction, regression analysis

Talking about the Project Cost Management

2011 ◽  
Vol 71-78 ◽  
pp. 4596-4599
Author(s):  
Bao Xia Cui ◽  
Aai Lin Zhang
Keyword(s):  
Basic Concept ◽  
Cost Control ◽  
Control Method ◽  
Cost Management ◽  
Focal Point ◽  
Project Cost ◽  
The Cost

This paper mainly analyze the cost management from basic concept, cost control method in construction and principal in cost management. The control focal point of the cost management is emphasized in every stage.

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