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Research on cost management of engineering projects in state-owned construction enterprises: taking the red line cost budget management practice of a project of China Railway Group Co., Ltd. as an example

Xieren Shou

Article ID: 1603
Vol 1, Issue 1, 2021

DOI: https://doi.org/10.54517/vfc.v1i1.1603
VIEWS - 1626 (Abstract)

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Abstract

Based on a systematic consideration of the development dilemmas and outlets faced by state-owned construction enterprises, this paper demonstrates the need for state-owned construction enterprises to carry out cost management during the transition from “incremental expansion” to “intensive development”, and systematically summarizes the main factors of impact of costs management. Combined with the practice of carrying out project red line cost budget management by a China Railway Bureau Group Co., Ltd., it gives suggestions for the implementation of key points and safeguard measures for cost control of construction projects carried out by state-owned construction enterprises.

Keywords

Construction Enterprise; Red Line Cost; Cost Management.

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