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

Dong Xiao Niu; Tong Liu; Shu Yi Zhou; Ting Ting Chen

doi:10.4028/www.scientific.net/AMR.711.790

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

Abstract:

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.