Research Of Cost Management Of International Construction Project

With the further recovery of the global economy, the process of globalization has also been accelerated, the international construction market countries have been highly valued. Domestic construction companies to seize the domestic market share of the time, eyeing the international construction market overseas, expect to be in a place where.On the construction project itself, it has always been a risky investment and uncertainty career, with a large amount of investment, long investment cycle, and by the complexity of the higher aspects of external factors under normal circumstances and so on. While enterprises in carrying out the construction work related to the course of the project, under normal circumstances would be affected by various uncertain factors from the external environment, if the company can not effectively reduces the impact of various adverse factors to an acceptable level in order to make the project within the scheduled time and cost estimates in advance of completion of the construction that may affect the interests of the parties and the construction side, on both sides a greater impact. Therefore, regardless of the corresponding project cost management benefits from the construction side or from the construction side, the construction side is necessary in the construction process.Construction projects are among the country’s economic development, investment in fixed assets accounted for a large part of the reform process of industrial restructuring and deepening economic reforms in the country, improve China’s comprehensive competitiveness among occupies an important position. With the rapid development of the international construction industry, the cost of managing construction projects have emerged. From a rough beginning to the qualitative analysis of the risks associated with the subsequent analysis. After the end of the Second World War in the 1950s, Western countries facing unprecedented economic prosperity, which is closely related to the economic development of developing building construction industry can be said to be leaps and bounds. So making a huge investment in infrastructure construction projects which cost management issues more and more attention, but the uncertainty and complexity of construction projects and the potential risks are making itself has cost management has become a successful construction project which an indispensable part. On the other hand with the rapid development of the construction industry, construction methods produce different models, such as a new contracting model, EPC in the widely used worldwide and rapid implementation. This is mainly because it is possible to overcome the past in traditional engineering contracting mode for too long because the duration of the project, the contractual relationship is too complex, difficult to control, such as weaknesses in the overall project. However, in the Chinese market, the rapid development of EPC, while many of the shortcomings and problems also will be followed, such as the EPC project management, there are still "heavy construction, light management," the guiding ideology, the international construction projects lack of experience in international project management, lack of large EPC projects require complex talent and so on. Based on the construction project cost management system to sort out actual cases of general contracting business in construction projects and lessons learned for analysis, hoping to raise the level of domestic total project cost management contractor building projects to strengthen the composite personnel training, and enhance international competitiveness.International and domestic construction projects construction projects compared to the project due to the political situation in the country or region, economic conditions, the natural environment, such as legal and technological level has a significantly different impact factors on the project more risks relatively large, but also more lucrative profits. Therefore, cost management requirements are higher. Each of the international construction projects, cost management throughout the entire life cycle of the project, including the project before making estimates of cost management and planning, the control and engineering projects during implementation of cost management after the completion settlement and other items cost management.Through theory with practical ways to potash project J Construction Engineering Group Company based in Laos performed through the use of related international construction project cost management, for J Construction Group faced in this project the risk analysis, and cost management from the perspective of trying to find the right measures to reduce or avoid the risks associated with the transfer. Because of their situation and the domestic Laos have more different compared to the same time construction is located inconvenience, J Construction Group to create a lot of problems. This article attempts to risk potash project J Construction Group may face execution management into the project itself and external risks of economic, political, legal, social, technological, etc., and trying to make an appropriate question for the appropriate from a cost management perspective countermeasures.Through this study, hoping to make the lessons gained from potash project successes and failures related to the relevant items J Construction Engineering Group Company or other companies play a reference role to reduce construction -related businesses in the international market on the face of the risks and difficulties. Allow related businesses recognize the importance of cost management, strict implementation of the contract in order to safeguard their own interests and strengthen cost management personnel training, in order to increase the competitiveness of enterprises, so as to promote the health of China’s construction industry fundamentally development, and enhance our position in the international construction market.