Research On Project Cost Control In A Company

In today's increasingly competitive market economy,cost control of the project not only plays a pivotal role in the entire project cycle,but also plays an indispensable role in the project management of the enterprise,the effectiveness of project cost control has become an important factor in determining the success or failure of construction enterprises.Therefore,in order to strengthen the compete-tiveness of enterprises and improve the construction enterprises in the economic and social status,effective cost control must be the primary task.However,the cost control of construction enterprises in China still use the extensive mode of management,most of the construction enterprises in project development,constantly chasing the construction progress,while ignoring the relationship of construction project cost and schedule,because the schedule no matter is ahead of or lagging behind will cause cost increase,So in the construction project cost control,how to make the cost and progress of the comprehensive consideration has become a difficult point.The purpose of this thesis is to introduce Earned Value Method which could be used to improve the cost and schedule control of projects into A Company.The application of this method will also help the company better adapt to the increasingly competitive market economy environment and international standards,so that A company can remain competitive in the industry.This paper first introduces the basic concepts and theories of project cost control and Earned Value Method,which provides a theoretical basis for the application of Earned Value Method in practice.Then,it analyzes the current situation and system of cost control of Company A,then points out that there are some problems such as the disorder between project duration and cost control as well as the causes behind it.On the basis of this,the author elaborates the application principle and application steps of Earned Value Method utilized by Company A,YW Substation Project is used as an example showing the implementation process of Earned Value..At the end of this paper,we summarize some of the Earned Method in the application process Safeguard measures to ensure that the Earned Value Act works well in Project A's cost control.In this paper,Earned Value Method is working as a theoretical basis.Based on the Earned Value method,this paper makes use of the work breakdown structure,theEarned Value Analysis method and timely adjustment of the project cost and schedule,which makes the project cost and progress been coordinated and the project cost responsibility is implemented,at the same time,the enterprise cost control ability has been improved as well.Based on the above research and conclusions,his paper argues that : Earned value method uses money quantity as a unified measure caliber,so that the project costs and progress to be synchronized control,at the same time enhance the level of enterprise cost management,Earned value method is a kind of scientific cost control method.