Research On Cost Control Of JK Company H Project Based On Earned Value Metho

Due to the large investment scale and long construction cycle of real estate projects,coupled with the unpredictable external environment such as policies and markets,it is difficult to control the cost target during the project construction process.Progress on schedule,cost savings,and quality compliance are the ultimate goals of real estate project construction.Among them,the schedule target and the cost target interact with each other,contradicting and unifying each other,that is to say,if the project schedule is ignored,then no matter how efficient the cost control is,it will not work.Therefore,in the project construction,enterprises can use scientific cost control methods to coordinate the project cost and schedule,which plays an important role in the whole project construction.This paper comprehensively uses four methods: literature research method,comparative analysis method,case analysis method and quantitative analysis method.Based on relevant theories,the H project of JK Company is taken as the research object.Through analyzing the cost control status of H project phase I,the necessity and feasibility of introducing earned value method for cost control are proposed.The earned value method was separately introduced into the cost control of the second phase of H project,through the establishment of WBS structure,responsibility matrix,further clarifying the cost plan and schedule plan,carrying out data collection,earned value parameter calculation,deviation analysis,deviation reason analysis,and putting forward deviation correction measures.According to the study,after the earned value management for the cost control of the second phase of the H project,the cost overruns and schedule lags in the second phase of the H project in August were gradually improved,and the project was finally completed ahead of schedule and cost was saved.Compared with the second phase of H Project,the first phase of H project was mainly cost control based on traditional methods,resulting in cost overruns and overdue completion.By examining the effectiveness of the earned value method in the cost control of the second phase of the H project of JK Company,this paper proves that compared with the traditional cost control method,the earned value method is more helpful to efficiently control the real estate project cost,mainly because it realizes the project cost the synergy between the two and the progress has improved the control level of JK Company over the project to a certain extent.While finding a more effective cost control method for JK Real Estate Company’s real estate projects,this paper also enriches the real estate industry.Case studies on the use of earned value method for cost control in projects.