Full-process cost control
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- Product Description
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- Commodity name: Full-process cost control
- Project Type: Business Services
From the perspective of the fundamental principles of construction cost control, "control" refers to the process by which the acting entity, in order to ensure the achievement of its objectives under changing conditions, compares, examines, supervises, guides, and corrects the actual values occurring during implementation against the pre-determined plans and standards, using various methods.
From the perspective of the fundamental principles of construction cost control, "control" refers to the process by which an acting entity, in order to ensure the achievement of its objectives under changing conditions, compares, examines, supervises, guides, and corrects—through the adoption of various methods—the actual values occurring during the implementation of the controlled object against the pre-established plans and standards. Control comprises three key steps: defining target standards, examining the status of implementation, and correcting deviations.
The full-process control is divided into three stages: pre-event control, in-event control, and post-event control. Among these three stages, pre-event control should be given primary emphasis—starting from the project’s initiation phase—which can achieve twice the result with half the effort. The control elements include human resources, material resources, financial resources, information, technology, organization, and time. The state of control is dynamic.
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Full-process cost control
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From the perspective of the fundamental principles of construction cost control, "control" refers to the process by which an acting entity, in order to ensure the achievement of its objectives under changing conditions, compares, examines, supervises, guides, and corrects—through the adoption of various methods—the actual values occurring during the implementation of the controlled object against the pre-established plans and standards. Control comprises three key steps: defining target standards, examining the status of implementation, and correcting deviations.
The full-process control is divided into three stages: pre-event control, in-event control, and post-event control. Among these three stages, pre-event control should be given primary emphasis—starting from the project’s initiation phase—which can achieve twice the result with half the effort. The control elements include human resources, material resources, financial resources, information, technology, organization, and time. The state of control is dynamic.
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