An Analysis Of Cost Management On Combo Avenue Project

With the rapid development of China’s economic construction, we’ve created brilliant achievements in road construction, and effectively boosted the economic in China. During the "Tenth Five-Year Plan" period, a rapid development of city transport showed in D city. It creates a good traffic environment for investment and private economic development, which is the best and fastest stage in the whole transport construction history.As construction projects not only have a common feature of general merchandise, but also can be noticed as the social public goods, which is with much other inherent specificity, such as a long investment period, the high amount of investment, long payback period, participating departments, units, personnel etc. Therefore, road construction cost control and management owns relatively complex nature and multilevel nature. If the construction cost is out of control, it will result in great waste, but also to operate the late greater pressure. Good cost control throughout the highway construction project is of great significance, good highway construction project cost control and management can play an important role in building a harmonious society of today.This paper overviewed the cost of the project management theory at first, including cost management concept, content, project cost management principles, and project cost management procedures and processes, in order to provide a project management theory and research method basis to this article. Then, it briefly introduced the basic situation, project background, the need for construction, construction, content, etc., of Compro project.After that, it estimated the cost of project Compro in the WBS way, and used the EV method to calculate the actual cost of work performed, according to the project budgeted cost of work scheduled and the reports of project performed. We got the conclusion that the actual cost was less than the budgeted cost. On this bias, we gave the reasons why the cost is over than the plan during some months, and we also provided the measures to solve the problems during the cost control.This thesis is trying to put theory into practice, to achieve scientific and effective project cost management objectives, to address the practical aspects of management, but also to provide effective help for other road construction project cost management.