| In order to maintain the competitive advantage while facing the challenge of private refining enterprises,A petrochemical company more and more realizes the importance of low-cost operations,since then it keep optimizing its project management,especially in cost management.This article is based on the theories of project cost management,aims at the improving research for project cost management,by considering about the present situation of hydrogen recovery energy conservation project(Phase I)of A petrochemical company,emphatically analyses the causes that exist in many aspects of this project such as liability cost management system,estimate and initial budget estimate stage of project,the change management of project,bid management,and so on.To improve project(phase II)cost management by focusing on the construction of a project liability cost management system that all participate in cost management,introducing value engineering and quota design in the early stages of design,winning the active support of key stakeholders for project costs,using open tendering and reasonable division of marks,strengthen the management of change assessment and approval authority.To avoid the problems again,this article provides useful cost management reference for the phase II of this project by using management approach such as earnings method,value engineering,quota design,project stakeholder management,and so on.The most important research point of this article is to emphasizing that project cost management should be based on the whole process,the whole element,the whole risk and the whole team management,it focus on factor analysis that affects costs,to improve project cost management by using scientific manage approaches and theoretical knowledge.This improved research is a dynamic and continuous process.Through improving project cost management,the company can earn higher rate of return on project investment and reduce more costs during its future operating. |