Analysis Of Factors Influencing The Survival Of Engineering Cost Consulting Enterprises

With China’s economy entering the "high-quality development" and "double cycle stage",the external environment of construction industry has changed dramatically,the survival and development of engineering cost consulting enterprises related to the construction industry to be inevitably be affected.In the 13 th Five-Year Plan,China proposed to promote the development of urbanization,accelerate the development of service industry,deepen the reformation of "regulation and service" in construction industry,and promote the “unified openness” of the construction market.The 14 th Five-Year Plan put forward the joint development of traditional and modern infrastructure and accelerating the digital transformation.The "Belt and Road" initiative not only gives enterprises the opportunity to "go global",but also brings up the threat of international competition.With the economy growing,and the adjustment of economic policies,rapid development of the building information modeling,and the internationalization of market competition in China,the engineering cost consultation enterprises to have to make rapid response to the growing market demand,in order to ensure the survival and the sustainable development in the complex market environment.Based on the above mentioned background,this article starts from the status of engineering cost market reformation and development,taking cost consultation enterprises as the research object,from the perspective to promote a healthy survival and development of the enterprise,focusing on the factors which influence the survival of the engineering cost consultation enterprises,external environment,industry environment and internal resources.On the basis of the analysis,the status and issues of engineering cost consulting enterprises are determined,on which the factors affecting the survival of cost consulting enterprises are identified.In this article,the newly established companies of engineering cost consulting enterprises from 2016 to 2020 are selected as samples,and the Cox proportional hazard survival model is used to analyze the specific impact of relevant factors on the survival of engineering cost consulting enterprises.The research results of the external environment of the enterprise shows that the survival of the engineering cost consulting enterprise are affected by the macro economy.The influence of macro economy is divided into two aspects,one is the macroeconomic growth,when the economic development speed increased,the competition among enterprises intensifies and the mortality rate of enterprises also increases;the second part is when macroeconomic policies are with uncertainties and unstable,when policies change frequently,enterprises have to respond quickly and accurately,while some enterprises fail to adapt to the frequent changes of the environment,and increases the mortality rate of enterprises.When the investment in fixed assets in the region increases,which energizes the activity of the construction cost consulting enterprises,to increase the external resources of consulting enterprises and reduce the mortality of enterprises in such ways.The results of the research on the industry environment shows that the survival of engineering cost consulting enterprises are affected by industry changes.When the fixed asset investment in the region to which the enterprise belongs increases and the overall industry development improves,the mortality rate of engineering cost consulting enterprises also decrease,and vice versa,it will increase the mortality rate of engineering fraud consulting enterprises.The results of the research on the internal resources of enterprises shows that enterprises can adapt to the changes of the environment by adjusting the internal resources.By improving the technical skill of employees,expanding the scale of enterprise,increasing the level of qualification license,can be beneficial to the survival and development of engineering cost consulting enterprises.According to the research results,this article proposes the following suggestions.Externally,superior resources should be integrated,through mergers and acquisitions,reorganization and joint operations,etc.,to integrate their respective superior resources;To increase the influence on the relevant supporting policies,accurately focus on the core business in the future.Internally,on the one hand to improve the skills of employee,including improving their technical capability,project experience and professional ethics;On the other hand,enterprises can choose different development directions according to the scale heterogeneity.In addition,the enterprise should should also focus on the management of the enterprise qualification license,broaden the applications of the license to increase the channels of obtaining resources.