Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 41 , 10 November 2023


Open Access | Article

Cost Management and Risk Control of Construction Projects under the Market Economy

Ziqi Zhou * 1
1 Miami College of Henan University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 41, 77-81
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Ziqi Zhou. Cost Management and Risk Control of Construction Projects under the Market Economy. AEMPS (2023) Vol. 41: 77-81. DOI: 10.54254/2754-1169/41/20232041.

Abstract

With the continuous development of construction enterprises, the cost management of engineering projects has received more attention as a factor that directly affects the profits of enterprises. Under the deployment of the market economy, which is closely related to it, the construction cost often presents a certain degree of uncertainty.In the face of this uncertainty, properly managing risks and optimizing cost management strategies have become an effective way to maximize the benefits of construction companies. Starting from the problems existing in the cost management of construction enterprises, this paper puts forward some suggestions for their risk control and cost management.

Keywords

cost management, construction economy, risk control

References

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3. Qian Zhihua. (2021) The impact of rising building materials prices on construction enterprises and its countermeasures. Building Science and Technology, 5(04):77-78+81.

4. Zhou Shilin. (2011)Talk about the importance of strengthening the economic cost management of construction. China Urban Economy, 26:91-92.

5. Chou Juisheng. (2011) Cost simulation in an item-based project involving construction engineering and management. International Journal of Project Management, 29(6):706-717.

6. Bai Yang. (2013) Analysis of several key issues in construction economic cost management. Science and Technology and Enterprise, 04:11.

7. Abdussalam Shibani, Dyaa Hasan, Jalal Saaifan, Heba Sabboubeh, Mohamad Eltaip, Messaoud Saidani, Nawal Gherbal. (2022) Financial risk management in the construction projects. Journal of King Saud University - Engineering Sciences,12(6).

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-103-2
ISBN (Online)
978-1-83558-104-9
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/41/20232041
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated