A Study On The Development Cost Management Of M Comapany's "Entrepreneurial International" Engineering Project

As China's economic development is slowing down and the industry regulation is getting stricter,real estate industry's development is slowing down,too.And national real estate market is in a buyer's market,the housing price is slackening its speed,and some cities are even confronted with a fall in price.Many real estate enterprises have started to slow down its development speed,being faced with financial strain,and M Company as a national medium real estate enterprise,it is faced with the same severe situation.Cost management has been a core competitiveness which many enterprises are chasing after.This article takes the engineering project—“Entrepreneurship International” of M Company as an example,and then clarifies relative theory on target cost management and real estate market home and abroad,and then dissects this project's cost management process and experience.Aiming at the strengths,features and process of target cost management,this article resolves the target cost and permeates it into every part,every department and every employee.Based on the methods to conduct cost management during actual fulfilment of contracts and construction,this article points out the ways in which M Company and other real estate enterprises can improve in cost management.