| With the gradual acceleration of modem urban construction and the increasing demand for high-quality living among residents,the issue of upgrading and renovating old urban communities has gradually become a hot social issue of concern to residents.As an important livelihood project,the renovation of old residential areas can not only directly and effectively improve the living quuality of the people,but also serve as an important opportunity to promote urban development and renewal.In the current era of promoting urban renewal and improving urban functional supporting facilities,engineering projects represented by the renovation of old residential areas will gradually increase More and more construction companies have utilized advanced management experience and scientific comstruction methods to carry out a large number of innovative reform s and practices.However,under the traditional engineering management model,the renovation of old residenti al areas as a participating entity is numerous The complex and systematic engineering of construction projects inevitably generates various problems that affect the development process of renovation,projects.Especially in the process of engineering cost management,it is often limited to the subjective judgment of decision-makers:and the responsibility for project cost management is simply attributed to the project finance personnel.In response to the lack of effective engineering project cost management techiques for old residential renovation projects,the cost management of renovation projects tends to be controlled after the fact.The lack of cost management in construction companies not only results in a significant consumption of manpower:material resources.and financial resources.At the same time,it also hinders the improvement of construction quality and social benefits of engineering projects,making it difficult to implement many new transformation strategies and concepts,seriously restricting the profitability and market competitiveness of construction companies in such projects.With the gradual acceleration of modem urban construction and the increasing demand for high-quality living among residents,the issue of upgrading and renovating old urban communities has gradually become a hot social issue of concern to residents.As an important livelihood project,the renovation of old residential areas can not only directly and effectively improve the living quality of the people,but also serve as an important opportunity to promote urban development and renewal.In the current era of promoting urban renewal and improving urban functional support,engineering projects represented by the renovation of old residenti al areas will gradually increase.More and more construction companies have utilized advanced management experience and scientific construction methods to carry out a large number of innovative reforms and practices.However,under the traditional engineering management model,the renovation of old residential areag,as a work with numerous participants and complex construction project categories,will gradually increase,Inevitably,various problems will arise that affect the development process of renovation projects,especially when it comes to cost management,which is often limited to the subjective judgment of decision-makers.For renovation projects in old residential areas,there is a lack of effective technical means for cost management of construction projects The lack of cost management in construction companies not only results in a significant consumption of manpower,material resources,and financial resources,It is difficult to effectively monitor and control project costs,and at the same time.it hinders the improvement of construction quality and social benefits of engineering projects,making it difficult to implement many new transformation strategies and concepts,seriously restricting the profitability and market competitiveness of construction companies in such projects.The research conclusion of this article can be extended to similar renovation projects,in order to further improve the cost control and management system of renovation projects in old residential areas. |