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Research On The Construction Project Cost Control In ABC Group Co.,LTD

Posted on:2016-05-12Degree:MasterType:Thesis
Country:ChinaCandidate:Y SunFull Text:PDF
GTID:2309330461999608Subject:Accounting
Abstract/Summary:PDF Full Text Request
In the 21 st century, the trend of Economic Globalization is much more strengthener, with the increasing transnational economic exchanges. Meanwhile, the economy of China steps into a new level, making the competitive strength of our country’s firms stronger and stronger in the fierce international competitions. With the Rapid growth of China’s economy, the huge Increase of China’s construction industry should be paid more particular concern. The progress of construction can be seen in the followings aspects: first of all, the overall size of the industry is expanding; second, the industry technology level improves continuously;third, the competition during the companies come to be more fierce. At the same time, the trend of construction companies’ merger begins to appear. In this case, lots of construction companies will be eliminated, if they refuse to improve their competitive strength.In the fierce competition environment of construction industry, ABC Group has outstanding competitive advantages, which is the leading company of the factory. Even so, ABC group still face great competitive pressure: how to keep it’s original market share? And how to ensure the healthy develop of the enterprise? As market competition intensifies, many famous Road and bridge construction companies enter the competition of construction market, making a great challenge to the ABC group.Thus, ABC group should improve it’s cost control, what’s more, ABC group should particularly seek a breakthrough in the construction project cost control if they want to occupy a favorable position in the market competition. However, ABC group still has several shortages in the construction project cost control. Based on the current situation, this thesis Analysis the problems existing in the ABC’s construction project cost control, then Probes the reason of the problems, and Put forward several Proposals in order to solving the problems. The outcomes of the thesis’ study have prominent value in cutting expenses of construction projects, and improving ABC’s market competition. The research outcomes can also provide lessons for other similar businesses of the construction industry, to realize the healthy develop of the whole industry.
Keywords/Search Tags:Construction Project, Cost Control, Cost Budget
PDF Full Text Request
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