Application Of Life Cycle Theory In Wind Power Project Cost Management

At present,cost management in China's wind power project is too emphasis on the stage and order,while different stages have different management subjects,with the chaotic organizational structure and fuzzy functional positioning.It seriously reduces the efficiency of wind power project cost management,is harmful to the realization of the project's internal unity and easy to produce many management issues.Because of the asymmetry of information,the imbalance of knowledge exchange and the problem of information island between different management departments during the project implementation phase,it can only achieve the goal of local optimization,but can not achieve the project life cycle optimization.The theory of life cycle in wind power project emphasizes the overall management of cost management in different stages,which can reduce the investment risk and improve the project benefit in order to realize the optimization goal of project cost management.In this paper,the whole life cycle theory is applied to the cost management of wind power project,and the theoretical research and practice are explored.Firstly,it introduces the background and significance of the topic,summarizes the research progress of the life cycle cost management of wind power project at home and abroad,and the theoretical basis of the life cycle cost is Outlined.Secondly,the characteristics and principles of life cycle cost management of wind power project are analyzed,and the life cycle cost management system of wind power project is constructed.Thirdly,this paper analyzes the influencing factors of project cost in each stage,and then analyzes the life cycle cost of wind power project.On this basis,it improves the traditional life cycle cost model,introduces the time value and the real option theory,and selects the appropriate variable parameters to establish the wind power project cost estimation model based on the life cycle cost theory.Then,the model is applied to the cost estimation of a wind power project in Xinjiang,and the validity of the cost estimation model is verified.Finally,based on the current situation of wind power project cost management,this paper has carried out research on the whole life cycle cost management and control measures of wind power project.From the perspective of life cycle,the paper carries out the overall control of wind power project cost.The paper establishes the life cycle cost estimation model of wind power project,which provides an effective method for wind power project investment decision optimization.And it puts forward the life cycle cost management and control measures to provides an important reference for the optimization of wind power project cost management,which is helpful to promote the sustainable development of wind power project management in China.