Study On Project Cost Management Of The Medium And Small Real Estate Firms

These years,driven by the huge profitability of the whole real estate industry, more firms participated in the construction of real estate one by one,and also the government stressed the adjustment of National Macro-policy at the same time,all these factors made the competition of this industry sharpest as never before.The medium and small Real Estate Firms have to make the effective control of project cost if they want to remain invincible and get promotion of their core-competitiveness in the competitions.This article introduced the theory and the characteristic of the project cost management,analyzed the referenced case and resulted the effective measure to promote the project cost management of the medium and small Real Estate Firms. There are four steps to expatiate the measure-invest decision,design,inviting public bidding and putting in practice.The article concludes that the project cost management is a dynamic course,and influenced by the market and other uncertain factors.Actually,the management of the project cost should run through the whole course and it should be full-scale and have the point of emphases.The innovation of this article is the focus and emphases on the invest decision and putting in practice of the project cost management.This two steps are vital to control the project cost and avoid the big cost waste effectively.According to my learning and working experiences,I do the research mainly by the theoretical analysis and secondary by case analysis.I hope this paper can be the theory support and the practice reference for the project cost management of the medium and small Real Estate Firms.