Research On Target Cost Management Of Real Estate Project Development

Recent years,the series of macro-control on real property enforced by the Chinese government have heated the market competition and complicated the external environment,which has significantly challenged the survival and development of the residential real estate market.During the past few years of market downturn,the target cost management has been gradually introduced and prevalently welcomed.Nowadays,the understanding differences of target cost management and variances of cost control ability among real estate enterprise have caused different cognitions to the focus of cost control.This thesis analyzes and concludes the cost control focuses in the various stages of the entire development process,extracts the sensitive factors to be concerned,provides suggestions with regard to cost control problem and proposes methods of cost management control.This thesis reviews relative literature at home and abroad,carry out contrast scale and empirical examples,analyzes the target cost theory and its detailed application to real estate project development.Moreover,with practical real estate project cost management cases,objective analysis theory is adopted to investigate the respective influencing cost control factors in the planning of project orientation,design and contract contents in the early stage of the real estate project development,as well as those in the construction in the mid-stage and the series of procedures such as settlements and evaluation in the final phase.Relative factors are drawn and compared,and suggestions and methods are provided via conclusions to give hints to real estate cost management.