Fidic Conditions Of Contract For Real Estate Project Cost Control

With China's accession to the WTO and the development of world economic integration, more and more Chinese construction enterprises participate in the international construction market, so it is urgent to master and apply large-scale international contract forms.FIDIC Conditions of Contract have been widely used by a growing number of international organizations and engineering in many countries. FIDIC Conditions of Contract come from hundreds of years of practice and experience which the International Federation of Consulting Engineers has gotten in the civil construction industry. After several amendments and supplements, the Conditions offer precise definitions and strict standards for such issues as technical, economic, regulatory and legal issues in the project, and play a key role in improving the project quality effectively, speeding up the progress of the project, lowering construction costs and transaction costs.FIDIC Conditions of Contract provides an innovative management style for the construction industry in China. It is an inevitable trend for the construction industry, the pillar industry in China, to manage both the international and domestic projects in accordance with the international criterion of management. Therefore, it is of great significance to study and research FIDIC Conditions of Contract to improve Chinese project management and investment efficiency, and protect our legitimate rights and interests.The thesis is, firstly, mainly talking about the cost management theory based on FIDIC Conditions of Contract. Secondly, on the basis of the research results of some experts and scholars, the thesis studies what can be learned from FIDIC Conditions of Contract and researches the differences between FIDIC Conditions of Contract and cost management of real estate projects in China. Thirdly, illustrating with cases, the thesis analyzes the theory of project cost control and offers how to solve the problems of the real estate project cost management.Main Cost Management Theory:Project Total Cost Management Theory (including, Total Cost Management Theory and Methodology, Essentials of Cost Management Theory and Methodology, All-risk of Cost Management Theory and Methodology, Full-team Cost Management Theory and Methodology)...