YT Company Target Cost Management Analysis And Application

Since the reform and opening up,the real estate industry has developed rapidly.For real estate enterprises,the development of the project depends on whether the success of the cost management is effective.In recent years,with the slowdown in the domestic economic growth,as well as large real estate enterprises squeeze,YT Real Estate Company's profit space is getting smaller and smaller.YT company to improve the competitiveness and survival ability of key cost control ability,YT company existing target cost management system has too many problems,cost management also unsatisfactory must construct a set of scientific and effective system of target cost management in order to adapt to the fierce competition environment.First,combined with the target cost management theory research,of YT company's existing target cost management process on the target cost understanding insufficiency,target cost formulation is not scientific,dynamic cost management is not rigorous problems were analyzed.Then the in view of the problems existing in YT company target cost management,to real estate development project work flow as the basis,combined with the characteristics of small and medium-sized real estate development company,YT company designed a set of main structure for feedforward control system,process control system,the feedback control system of target cost management system.Feedforward control system mainly includes according to research and historical experience to identify the target cost and to determine the upper limit to the cost of land to auction the land and in the process of project design were cost optimization and the target cost decomposition to each contract;process control system on the land acquisition,detailed design,engineering,construction and other key stages of the cost control and management costs,financial costs,marketing costs of control;feedback control system is mainly studied in the contract based dynamic data of target cost analysis and control,and comparison of settlement costs and the target cost analysis,target cost management data and experience summary.Finally,in the YT company specific development projects in the implementation of this target cost management system,in the actual use of the summary and improvement,and achieved the expected results,confirmed the feasibility of the system.Through the study of this paper,is expected to small and medium-sized real estate development company to provide a set of scientific and effective system of target cost management,enhance the ability of target cost management in its development projects,to enhance the market competitiveness of small and medium-sized real estate development company,and promote the development of China's real estate industry.