scholarly journals A New Cost Management System for Construction Projects to increase Competitiveness and Traceability in a Project Environment

2021 ◽  
Vol 24 (1) ◽  
pp. 31-47
Author(s):  
Hossein Toosi ◽  
Arezou Chamikarpour
Keyword(s):  
Construction Projects ◽  
Competitive Ability ◽  
Cost Control ◽  
Control Method ◽  
Cost Management ◽  
Structured Interview ◽  
Activity Based Costing ◽  
Project Environment ◽  
Target Cost

Un nuevo sistema de gestión de costes de proyectos de construcción para aumentar la competitividad y la trazabilidad para entornos de proyectos. El objetivo principal de la investigación es utilizar nuevos métodos de cálculo de costes en los proyectos de construcción para reducir y controlar las desviaciones de costes y algunas limitaciones que presentan los modelos tradicionales. La hipótesis de la investigación se basa en la capacidad sinérgica del cálculo de costes basado en actividades centradas en el rendimiento, en combinación con el método de cálculo de costes objetivo para fomentar la competitividad del sistema de control de costes para entornos de proyectos. El método se elaboró para controlar los gastos directos y generales del proyecto durante su ejecución. Se realizó una entrevista con 26 directores financieros en dos o cuatro ocasiones entre junio de 2016 y mayo de 2017 con el fin de validar y modificar el método. Siguiendo una entrevista semiestructurada, el método propuesto contribuyó a aumentar la precisión, la certidumbre y la rastreabilidad de los costes y proporcionó la integridad del sistema contable, técnico y operacional. Además, se analizan las desviaciones y se reducen los costes al considerar las condiciones competitivas y estratégicas. También se limita el coste objetivo de los paquetes de trabajo y se genera una alerta al finalizar cada uno de ellos. Además, de acuerdo con el test de Friedman, existe una capacidad competitiva significativa en comparación con el método convencional de control de costes en los proyectos y también se aplica en un estudio de caso. This research proposed a new method for project cost management based on Competitiveness and traceability in a case study and operational situation. The research hypothesis is based on the synergistic ability of performance focused activity-based costing in combination of the target costing method for encouraging competitiveness cost control system for project environments. The method was developed to control, direct and overhead costs of the project during its progress. Also, it uses the feature of activity-driven and different resource drivers to determine the types of costs with the effect of time driver for each activity. An interview was conducted with financial managers during two to four times with the aim of validating and modifying the method. According to a semi-structured interview, the proposed method contributed to increase the precision, certainty, traceability of costs and provided the integrity of the accounting, technical and operational system. It also analyzes deviations and reduces costs by considering competitive and strategic conditions. It's also limiting the target cost of work packages and causing an alarm on the completion of each. According to Friedman test, there is a meaningful competitive ability compared to the conventional cost control method in the projects and it is also implemented in a case study.

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.

Linking Cost Control to Cost Management in Healthcare Services

2018 ◽  
pp. 185-219
Author(s):  
Michele Bertoni ◽  
Bruno De Rosa ◽  
Guido Grisi ◽  
Alessio Rebelli
Keyword(s):  
Cost Control ◽  
Cost Management ◽  
Process Analysis ◽  
Real Life ◽  
Medical Personnel ◽  
Healthcare Services ◽  
Activity Based Costing ◽  
Healthcare Settings ◽  
Cost Measurement ◽  
Technical Solutions

The issue of healthcare costs has become increasingly problematic over the years. This chapter summarizes the problems faced by hospitals when measuring the costs of healthcare treatments, explaining how an Activity-Based Costing (ABC) framework can be successfully adopted in healthcare settings. After describing the theoretical foundations of cost control and cost management, the chapter continues with the analysis of three real-life applications of ABC in a hospital, drawn from the process analysis and activity-based costing experience developed at the Azienda Ospedaliero-Universitaria “Ospedali Riuniti” (Joint Hospitals) of Trieste, Italy. In particular, the cases are about cost measurement in cardiology, odontostomatology, and radiology, and describe the technical solutions applied for computing the costs of selected therapeutic and diagnostic treatments. A particular emphasis is placed on how these measures have been subsequently used by hospital managers and medical personnel in order to gain insights and to improve the efficiency of the processes developed within the organization.

A longitudinal case study of target cost management implementation at a shipbuilding company

2013 ◽  
Vol 9 (4) ◽  
pp. 448-470 ◽  
Author(s):  
Kenji Yasukata ◽  
Eisuke Yoshida ◽  
Ichiro Yamada ◽  
Keisuke Oura
Keyword(s):  
Cost Management ◽  
Longitudinal Case Study ◽  
Target Cost ◽  
Target Cost Management

scholarly journals Target costing

2021 ◽  
Vol 9 (11) ◽  
pp. 491-510
Author(s):  
Sanailton De Lima Dias ◽  
Francisco Tavares Filho ◽  
André Luis Korzenowski ◽  
Moisés Ozório de Souza Neto ◽  
Rafael Ramon Fonsêca Rodrigues
Keyword(s):  
Qualitative Research ◽  
Control System ◽  
Cost Control ◽  
Planning System ◽  
Target Costing ◽  
Construction Companies ◽  
Target Cost ◽  
Efficient Control ◽  
Survey Results

The implementation of a cost control system in construction companies contributes to reducing resource losses in the production process and increasing business productivity and profitability, especially when it comes to small business, which normally do not have a planning system and efficient control. Therefore, this article aims to propose a target costing model for a small construction business, concerning the efficient evaluation of its costs for the maximization of profits in proposals to provide services to public entities. A case study is used, in which data collection occurred through a questionnaire, observations of the process of preparing financial proposals, other unstructured questions, and documentary search, whose approach includes descriptive and qualitative research. The survey results revealed that the enterprise has a cost control system, but is technologically backward. Besides, the enterprise already intuitively used the concepts of target cost in preparing budgets. After evaluating the costs, a target costing model was suggested for the enterprise to use as a parameter in the bidding processes, however, it was not implemented due to the current unfavorable conditions.

Research on Military Logistics Costs Control Based on Activity-Based Costing

2014 ◽  
Vol 687-691 ◽  
pp. 5008-5011
Author(s):  
Yu Fei Li ◽  
Yong Bo Lv ◽  
Peng Bo Fu
Keyword(s):  
Distribution Ratio ◽  
Cost Control ◽  
Control Method ◽  
Mathematic Model ◽  
Cost Driver ◽  
Activity Based Costing ◽  
Logistics System ◽  
Logistics Cost ◽  
Military Logistics ◽  
The Military

Powerful military logistics system has been the mighty support of the high technical war, and cost control is the key to improving the efficiency of the military logistics. This paper proposed a cost control method in military logistics system based on activity-based costing (ABC). Starting with the consideration of characteristics of the military logistics, the target of cost control in military logistics system is put forward. Then the feasibility of applying ABC in military logistics cost control is analysed and the principles of it are explained. And in order to realize the target of cost control in military logistics system, the matrixes of the quantity and the distribution ratio of cost driver are constructed by the mathematic model. Finally, on this basis, the model of cost control in military logistics system is built, and the concrete measures is put forward.

scholarly journals Cost Control Method and Software in Bidding Process Based on Gray System Forecast

2014 ◽  
Vol 2014 ◽  
pp. 1-6
Author(s):  
Xi-Liu Zhou
Keyword(s):  
Construction Projects ◽  
Cost Control ◽  
Control Method ◽  
Social Economy ◽  
Experimental Results ◽  
Control Software ◽  
Gray System ◽  
Fast Development ◽  
The Cost ◽  
Bidding Process

With the fast development of social economy, the competition between enterprises in construction projects becomes more and more serious. The cost control method is proposed to the bidding process of enterprises based on the gray system forecast. At the same time, the cost control software is also constructed to the bidding process of enterprises. Experimental results suggest that the proposed approach is feasible and correct.

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