Cost Management Of Commercial Real Estate Development Projects

In order to deal with the macro-control, real estate companies will invest the non-regulated commercial real estate market. The market volume of commercial land and prices increase quickly. If real estate companies want to make a breakthrough in this field, they must manage the cost of development project of the commercial efficiently. The cost of the project management theory can effectively guide the actual operation of the commercial real estate development projects, providing scientific techniques and methods for the commercial real estate development projects.This paper introduces the cost of the project management theory, attempting to apply the theory and methods to solve the problems in commercial real estate project cost management. Firstly, this article summarizes the papers of the cost of domestic and international project management theory and analyze of the cost of commercial real estate management. Secondly, the paper overviews the important aspects of the comprehensive project cost management theory, and Summarized the important management ideas from the theory of cost management. The paper also summarizes the techniques and methods of the project cost management in commercial real estate development projects. Once again, the paper combine the the Pubei wholesale market project case on the concrete application of the full project cost management theory in the commercial real estate development, and analyze the successful experience in the project.Finally, this paper sum up strategies and recommendations for cost management in the commercial real estate projects in China.Through the theoretical study of the project cost management, the paper found that cost management of commercial real estate development projects can improve the quality and efficiency of the commercial real estate development projects, and enhance the competitiveness of the real estate business. This can be a guiding role for the real estate business to improve its project development cost management, and for the real estate enterprises to improve the effectiveness and efficiency of project development, and enhance the competitiveness of the industry of real estate companies.