Research On Total Cost Management Of PX College Kindergarten Project

Nowadays, the competition in market of constructions is getting fiercer and fiercer and the profit that those construction companies can make is lower than the average standard, the whole industry is facing the same problem which is how to enlarge the percentage occupation of the market and how to upgrade the profit. Under this situation, how to lower cost and improve the management of cost control, how to raise the profit, how to increase the competitive power of companies are becoming the whole industry’s first concern. Comparing with those developed countries, our country started the research on how to control and manage the project cost much later and has a limitation on the research progress. According to this fact, it is very important for our country to enhance everything related to project cost.This essay has a discussion on the theory of project cost and the methods on how to raise the project cost. It starts with the analysis of national wide and world wide projects at current stage, proposes several typical problems our companies are facing at the moment, then summarizes all the related theories of cost control in this industry, and gives the discussion on the key elements of cost control in the end. Those elements are listed as below:1. By using a technical method to build a organize and management control frame, the company can establish a responsibility policy on managing its staff.2. By using ABC categorizing and analyzing method to find out the biggest problem effect on the cost control in the whole project to make sure the project is always on tis track.3. Through the analyzing the project by using the earned value method to control the deviation between the planned project and practical project. In this essay, an instant which is about a PX faculty kindergarten project is given to give readers a better idea about how to analyzing the current situation, figuring out the problem, finding out the causes, concluding the measures of how enhance the cost control in a real project. It gives a powerful support on the projects in the future.