X Model Aircraft Engine Project Cost Management Study

Cost management of military industrial research public institution has been a weak point for a long time. The research fund of the state highly regards and supports military industrial research academies and institutes invested increase, too. How to use and manage research project fund are highly regarded by different levels of financial departments and departments responsible for project increasingly. The supervision and inspection of that become more and more intensive. It is necessary to innovate upon combination of finance and project management.The starting point of this text is the thesis sets the project of military X-model aero engine for power of M-model fighter as, which has been initiated and is ready for research and manufacture. The thesis takes PMBOK as mainline, combines with knowledge of matrix project management and starts from specific implementation. It includes research fund in logical overall consideration, composes detailed fund budget in terms of year and project, carries out comprehensive estimate, budget and control of project cost, and links fund receiving & payment up with project schedule and contract implementation in order to overall arrange fund in logic while carrying out unified project planning. Through logical estimate, budget, control and communication of expenditure, the thesis strives to draft finance management system suitable to the institution.The actual delivery encountered a few problems to be resolved in a reasonable manner, and assure to achieve preparation, approval, implementation and control of budget in a short time. The thesis will assist the institution project successfully given by higher authority and clear obstacles in finance for the next step of model development as well as winning more and more favorable research projects for the institution so as to lay a foundation of advantageous development for military research public institutions.