The Construction Agency's Reasonable Profit Research Based on System Dynamics

Yan Wang; Liang Wang

doi:10.4028/www.scientific.net/AMM.357-360.2478

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 357-360The Construction Agency's Reasonable Profit...

The Construction Agency's Reasonable Profit Research Based on System Dynamics

Abstract:

The government investment in the construction project general always use of the design budgetary estimate as the construction-agent charge fees foundation, and with reference to the owners management cost rate to calculate the construction-agent charge. By analyzing the composition of the construction-agent charge and the difference between the owners management cost and the construction-agent charge, studying of the composition and rates of construction-agent charge in various key cities nationwide in detail, pointing out the fact that the current generation of construction-agent charge rates are too low, and then established a system dynamics model and analyzed the relationship between a reasonable profit margins and project success rate dynamically. Pointed out the necessity of a reasonable profit margin, and make same recommendations accordingly.

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Periodical:

Applied Mechanics and Materials (Volumes 357-360)

Pages:

2478-2482

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.357-360.2478

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Online since:

August 2013

Authors:

Yan Wang, Liang Wang

Keywords:

Construction-Agent Charge, Rate, System Dynamics (SD)

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References

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