Cost Management Analysis Of The Inner Mongolia Autonomous Region Government Investment Construction Projects

How to effectively control the cost of government investment projects and to bring the greatest social benefits has long been a subject of joint research for the current government departments and academics.At present, there are large numbers of researches on cost of government investment, which mainly focus on the project implementation phase of the technical methods, but the effect is small. Therefore, this paper attempts to the research of public project governance theory and so on to obtain a certain effect.First, the basic concepts of government investment and construction projects in the study were defined and analyzed by the author. In addition, it summarizes its historical background and current situation. Second, the collection of developed countries and advanced regional government investment projects control, information monitoring system provided a reference and inspiration for building our government invested construction project cost control system.Finally, government investment in public construction projects Property Rights and its special nature of the contract as a starting point to analyze and construct the project cost control system, a variety of agency relationship, identifying regulators for different administrative agency relationship, project management layer and three different levels of project management cost control are proposed different solutions for different levels of the existence of cost control problem. Such as:(1) key regulators administrative cost control is the initial lack of supervision of principal resulting government failures. In order to restrict government power, it establishes an effective administrative supervision mechanism; The optimization of project management is the key to cost management. Based on the reasonable distribution of risk, the cost control objectives of stakeholders through the basic framework of project design budget estimates;(3) The key to Project Cost Management controls is the construction of real market prices which determine the project, implementation and payment issues. Based on the perspective of risk sharing and control, cost control in the whole process of the agent construction unit is constructed;(4) Text will cost to build the project’s multi-agency relationship control system applied to Museum project to demonstrate the construction process,the result is great. However, there are many problems and looking forward to more future researches.