Project Cost Management Research Based On Bill Of Quantities

In this paper, a comprehensive analysis of China’s construction costmanagement of the status and will soon face the various problems, combinedwith international practice and developed western countries, the characteristicsof project management and development trend of China’s reform andconstruction cost management conducted an in-depth study，defined the Bill ofQuantity Valuation Model is to meet with international practice and establish amarket-based mechanism of the formation of project cost effective way toChina’s construction cost management and the only way to the direction ofreform and the establishment of bill of quality valuation model theory and list ofworks pricing environment of WPCM theory and methods’ of reform of thesystem proposed new ideas.This paper introduces the concept and basic principle of Bill of QuantityValuation Model，brings forward the whole process cost management conceptsand the total cost management concepts，and do more in-depth and meticulousanalysis about the activities of the project cost under the bill of quality valuationmodel，and do a specific on the various stags of the project cost of management.