Discussion on Objective-Cost Planning for Construction Project Objective-Total Cost Management

2014 ◽  
Vol 638-640 ◽  
pp. 2323-2326 ◽  
Author(s):  
Shu Min Nie ◽  
Jun Yan Liu
Keyword(s):  
Cost Management ◽  
Construction Project ◽  
Building Construction ◽  
Median Income ◽  
Construction Enterprise ◽  
Total Cost ◽  
Cost Center ◽  
Cost Planning ◽  
Management Method ◽  
The Cost

The construction project for the construction woks is the cost center of the construction enterprise and the standpoint of the cost management for the construction enterprise, strengthening the cost management is the inevitable choice of the construction enterprise to accumulate the funds and enhance the competitiveness. Since the construction project period is long, it is complex to recognize the median income and measurement of the intermediate cost, and the bidding period and the cost incurred after putting into use are uncertain, the traditional cost management method no longer meets the practical needs of the management for the building construction enterprise. This requires us to be innovative in the cost management mode of the construction project, and make a scientific estimation in the future level of cost and possible future trends through the objective-cost planning research of the construction project.

Analysis on the Problems and Measures to the Construction Project Cost Management

2014 ◽  
Vol 971-973 ◽  
pp. 2458-2461
Author(s):  
Zhao Xia Ma ◽  
Guang Cai Yan
Keyword(s):  
Cost Management ◽  
Construction Project ◽  
Project Cost ◽  
Technology Application ◽  
The People ◽  
Management Concept ◽  
Construction Project Cost ◽  
Existent Problem ◽  
The Cost ◽  
Information Technology Application

To survive and prosper in a more competitive construction market nowadays, a company must strengthen the cost management of construction project. This paper expounds the present situation of the construction project cost management, existent problem in the process of the construction project cost management. Countermeasure analysis of perfecting the construction project cost management is discussed in respect to the management concept and method, information technology application, the people-oriented and sustainable concept of development.

Improve Responsibility Cost Management Level of Construction Enterprise by Information System

2014 ◽  
Vol 584-586 ◽  
pp. 2297-2300 ◽  
Author(s):  
Na Cao
Keyword(s):  
Information System ◽  
Cost Management ◽  
Market Competition ◽  
Management Model ◽  
Sufficient Information ◽  
Construction Enterprise ◽  
Management Level ◽  
Internal Information ◽  
Responsibility Cost ◽  
The Cost

In order to survive in the fierce market competition, construction enterprise must be able to provide high quality and low cost building products. The cost management level of enterprise determines its ability to obtain economic benefits. The responsibility cost management mode that involves everyone participation could enhance management level of enterprises. To eliminate internal information island and information asymmetry, information should communicate between each cost management department. The responsibility cost management model of internal information circulation covers the whole process of project, the cost of project could be reflected timely and accurately, the sufficient information could provide support for every manager decision, then the effectiveness and overall level of responsibility cost management could be enhanced. Thus, with the help of information system, construction enterprise could form a scientific and standardized management model.

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 Impact of environmentally friendly technologies on costs and cost-effectiveness of a dairy cattle confinement system

2021 ◽  
Vol 42 (3Supl1) ◽  
pp. 1741-1758
Author(s):  
Marcos Aurelio Lopes ◽  
◽  
Fabiana Alves Demeu ◽  
Eduardo Mitke Brandão Reis ◽  
Francisval de Melo Carvalho ◽  
...  
Keyword(s):  
Cost Effectiveness ◽  
Dairy Cattle ◽  
Milk Production ◽  
Operating Cost ◽  
Environmentally Friendly ◽  
Total Cost ◽  
Cost Center ◽  
Confinement System ◽  
Break Even Point ◽  
The Cost

Our goal was to assess the economic impact of some environmentally friendly technologies on the production costs and cost-effectiveness of a dairy cattle confinement system, estimating environmental costs and their representativeness in both effective and total operating costs, as well as in the total cost. We assessed the cost-effectiveness of the cost center of milk production and identified the components that most affect final costs, estimating a break-even point (kg milk year-1) as well. The data were collected in a freestall full-confinement system of a dairy cattle farm located in southern Minas Gerais State (Brazil), from January 2016 to December 2017. The cost of milk production was estimated using a method based on the operating and total costs from a cost center involving lactating and dry dairy cows. The cost center of milk production showed to be economically feasible, showing positive gross and net margin results, as well as positive profitability and cost-effectiveness. Total environmental operating cost was on average R$ 0.015 per kg milk, which represented 1.985% of the total operating cost. Effective environmental operating cost was on average R$ 0.0059, which corresponded to 0.7788% of the total operating cost. Finally, total environmental cost was on average R$ 0.0317, representing 3.3280% of the total cost. The most representative items of the effective operating cost were in descending order: animal feed, workforce, animal health, animal production hormone (bovine somatotropin; bST), vehicle maintenance, machines and equipment, maintenance of improvements, electricity, and freestall bedding sand. Average break-even point was 1,104,038.54 kg milk year-1 or 3,024.76 kg milk day-1, while average production was 4,271,383.00 kg milk year-1 and 11,702.42 kg milk day-1.

scholarly journals Examining the Values and Principles of Agile Construction Management in Iraqi Construction Projects

2018 ◽  
Vol 24 (7) ◽  
pp. 114
Author(s):  
Sawsan Rasheed Mohammed ◽  
Asmaa Jebur Jasim
Keyword(s):  
Project Management ◽  
Construction Industry ◽  
Construction Projects ◽  
Relevant Literature ◽  
Construction Project ◽  
New Methods ◽  
Agile Project Management ◽  
The World ◽  
Management Method ◽  
The Cost

The avoidance of failure in construction projects is not an easy task, which makes the failure of the construction project to achieve its objectives a major problem experienced by all countries in the world, especially Iraq. Where nearly two-thirds of the construction projects in the world have been suffered by significant problems as an increase in the cost of the project, delay in the specified duration for execution, and stopping the project. Therefore it is required to study and apply new methods for managing the construction project to ensure its success and achieve its objectives. The aim of this study is to study the Agile project management method and its impact on the construction project. In addition, to identify the values and principles of Agile project management, which can be applied in the Iraqi construction industry to be adopted it as a new method to manage the construction projects in Iraq. The researcher reviewed the relevant literature to define the method of Agile project management and its methods and impact on the construction project. Then, the researcher conducted a questionnaire survey of a sample of engineers' experts who work in four main parties in the construction project: (beneficiary, supervising, designer, and contractor). The results of this survey showed that it is possible to apply the four values of Agile project management for managing the Iraqi construction projects, and can apply eleven of the twelve principles of Agile project management for managing the Iraqi construction projects.  

scholarly journals INTRODUCTION OF COST PLANNING INTO THE TOTAL COST MANAGEMENT OF PUBLIC BUILDINGS IN SETAGAYA-KU

2000 ◽  
Vol 6 (10) ◽  
pp. 269-274
Author(s):  
Takeshi KOSHIBE ◽  
Yoko SONE ◽  
Sakae TSUJI ◽  
Hiroyuki MATSUMURA ◽  
Akihiko FUJISAWA ◽  
...  
Keyword(s):  
Cost Management ◽  
Public Buildings ◽  
Total Cost ◽  
Cost Planning
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