CONSTRUCTION PROJECT COST MANAGEMENT
The cost of the construction project is determined by the amount of the investments which are required for its realization. In order to ensure a project efficiency it is necessary to calculate a maximum level of investments increase and avoid its overrun. It is necessary to make in-time actions on f...
| Main Author: | |
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| Format: | Article |
| Language: | Russian |
| Published: |
Belarusian National Technical University
2010-10-01
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| Series: | Nauka i Tehnika |
| Online Access: | https://sat.bntu.by/jour/article/view/511 |
| _version_ | 1811214008545443840 |
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| author | P. V. Sachek |
| author_facet | P. V. Sachek |
| author_sort | P. V. Sachek |
| collection | DOAJ |
| description | The cost of the construction project is determined by the amount of the investments which are required for its realization. In order to ensure a project efficiency it is necessary to calculate a maximum level of investments increase and avoid its overrun. It is necessary to make in-time actions on factors which cause an increase in investments. The paper proposes a mechanism for controlling the cost of the construction project which allows to an investor to foresee the project requirements in additional investments, to organize economical expenditure of monetary resources, to control their target use and make timely decisions which reduce the cost of the project. |
| first_indexed | 2024-04-12T05:57:22Z |
| format | Article |
| id | doaj.art-73e8aba7330f4096a390bccca40b4711 |
| institution | Directory Open Access Journal |
| issn | 2227-1031 2414-0392 |
| language | Russian |
| last_indexed | 2024-04-12T05:57:22Z |
| publishDate | 2010-10-01 |
| publisher | Belarusian National Technical University |
| record_format | Article |
| series | Nauka i Tehnika |
| spelling | doaj.art-73e8aba7330f4096a390bccca40b47112022-12-22T03:45:08ZrusBelarusian National Technical UniversityNauka i Tehnika2227-10312414-03922010-10-01057278504CONSTRUCTION PROJECT COST MANAGEMENTP. V. Sachek0Belarusian National Technical UniversityThe cost of the construction project is determined by the amount of the investments which are required for its realization. In order to ensure a project efficiency it is necessary to calculate a maximum level of investments increase and avoid its overrun. It is necessary to make in-time actions on factors which cause an increase in investments. The paper proposes a mechanism for controlling the cost of the construction project which allows to an investor to foresee the project requirements in additional investments, to organize economical expenditure of monetary resources, to control their target use and make timely decisions which reduce the cost of the project.https://sat.bntu.by/jour/article/view/511 |
| spellingShingle | P. V. Sachek CONSTRUCTION PROJECT COST MANAGEMENT Nauka i Tehnika |
| title | CONSTRUCTION PROJECT COST MANAGEMENT |
| title_full | CONSTRUCTION PROJECT COST MANAGEMENT |
| title_fullStr | CONSTRUCTION PROJECT COST MANAGEMENT |
| title_full_unstemmed | CONSTRUCTION PROJECT COST MANAGEMENT |
| title_short | CONSTRUCTION PROJECT COST MANAGEMENT |
| title_sort | construction project cost management |
| url | https://sat.bntu.by/jour/article/view/511 |
| work_keys_str_mv | AT pvsachek constructionprojectcostmanagement |