Research On Improvement Of ZELC Company’s Cost Management Of Full Life Cycling Project

ZELC Co.,Ltd.is the core first-level subsidiary of CRRC.Under the high-quality development requirements put forward by the country,SAAAC has also put forward a series of requirements to improve the quality of enterprise development,such as reducing cost and increasing efficiency.The environment faced by the company’s development has also undergone profound changes.such as,the increasing market share of urban rail vehicles and maintenance sectors,continuous development of new industries,and the number of projects has exceeded 100.However,the company’s current difficulties and weaknesses in project cost control restrict the further refinement of management and the improvement of the company’s benefit.This paper uses the method of system analysis and case analysis to find that,ZELC has a good foundation in project cost management,but be weak in life cycle project cost management.For one hand,Due to the company’s low informatization level,unclear functions and lack of scientific in organizational structure,the company has not systematically and comprehensively carried out the full life cycle project cost management,the company has not systematically and comprehensively carried out the life cycle project cost management.For the other hand,the company has some problems such as incomplete cost estimation,imprecise cost accounting and imprecise cost control in cost control.For the above problems,This paper comprehensively applies project management theory,life cycle theory and value chain theory and analyzes the reasons one by one and makes countermeasures.By implementing unified centralized management departments and establishing estimation base,the cost estimation covering all elements and all stages of the life cycle project has been realized comprehensively.By implementing measures such as cost accounting to all stages of the life cycle,cost accounting to station level and special report responsibility cost,the refinement of cost accounting to all stages of the life cycle,station and responsibility cost have realized.Through the implementation of integrated information system,multi-dimensional cost control,the establishment of responsibility cost incentive mechanism and other measures,the whole stage of cost control and multi-dimensional budget control have realized.Finally,this paper puts forward the implementation process and improvement measures of the optimization scheme.This paper optimized the cost management mode of life cycle project.Through continuous optimization activities such as consolidating the foundation to set standards,fine accounting to set profits and losses,precise control to set responsibilities,the life cycle project cost management of ZELC has achieved some effects,which can provide ideas and methods for other manufacturing industries to improve project cost management level.