Research On DX Power Installation Company Cost Management Of Construction Project

Power resources as the country’s most important energy and power, the Electrical installation industry related to the power resources is able to flow smoothly transported to millions of households, is to protect the livelihood of the basic industries, while ensuring the normal smooth social production and the promotion of the national economy stable run has a vital role.China’s power industry has long been the monopoly of the franchise by the state-owned enterprises with monopoly power.Electrical installation enterprises is derived institutions of the electricity supply companies,mostly established early, facing the economic pressures of market is small, there are some problems in its project cost management,, such as inadequate internal cost management system, cost management and cost-conscious of forecasting is weak,powers and responsibilities are not clear and so on.With the development of market economy and the deepening of the reform power companies, electric power construction of the existing market structure is broken, electrical installation enterprises in the face of increasingly fierce competition in the industry and the situation that power construction market is gradually shrinking.How can this enterprises in the fierce market competition, and always maintain the enterprises’vigor and vitality, these issues will be thinking and required to be resolved in the electrical installation industry.Faced with huge market challenges, in order to improve the comprehensive competitiveness and risk-resisting ability of the electrical installation enterprises, increase market share, expand business profit margins in order to maximize profits, companies must start from the cost management, strengthen enterprise cost control.From project bidding to project final completion, cost management throughout the entire process of project construction, and thus electrical installation enterprises’ cost management relating to operational efficiency and economic profit.To strengthen cost control, effective cost management, rational allocation of corporate resources, reduce costs, increase profits, and thus enhance their core competitiveness of enterprises power installations.In this paper, the whole process of cost management and cost management objectives based on the theory, focus on improving the market competitiveness of electrical installation enterprises,in DX electrical installation company, for example, to analyze it in the construction cost of project management, proposed the existence of the current problems on cost management for its cost forecasting, cost planning, cost control, cost accounting,cost analysis, inadequate of the various stages place, to provide appropriate improvement measures.At the same time, the proposed cost management improvement measures of the power company’s for electrical installation industry is universal, it can help to improve cost management, and enhance market competitiveness, expand market share, to provide some of the same industries and enterprises reference.