Development of a cost controlling system for an investment and construction project
The study is devoted to substantiating the need to develop a cost controlling system in order to improve the efficiency of investors, developers, customers, general contractors, as well as representatives of the banking system who are directly involved in the implementation of investment and constru...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2021-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/39/e3sconf_form2021_05048.pdf |
| _version_ | 1818897513863708672 |
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| author | Bovsunovskaya Maria |
| author_facet | Bovsunovskaya Maria |
| author_sort | Bovsunovskaya Maria |
| collection | DOAJ |
| description | The study is devoted to substantiating the need to develop a cost controlling system in order to improve the efficiency of investors, developers, customers, general contractors, as well as representatives of the banking system who are directly involved in the implementation of investment and construction projects. The paper summarizes the innovations of the Ministry of Construction, Housing and Utilities of the Russian Federation in the field of determining the cost of construction at the stages of the life cycle of an investment and construction project, and suggests their adaptation to the activities of commercial customers. The factors of the rise in the cost of construction in the modern conditions of the investment and construction sphere are systematized, including topical issues of the rise in cost due to the increase in prices of building materials. The main risks arising from the implementation of the project associated with an increase in cost are highlighted. As the results of the study, stages of construction cost control with a description of their content and a system of cost controlling of an investment and construction project are proposed. |
| first_indexed | 2024-12-19T19:17:23Z |
| format | Article |
| id | doaj.art-d02a4d352a01407b95719147842d9452 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-19T19:17:23Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-d02a4d352a01407b95719147842d94522022-12-21T20:09:06ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012630504810.1051/e3sconf/202126305048e3sconf_form2021_05048Development of a cost controlling system for an investment and construction projectBovsunovskaya MariaThe study is devoted to substantiating the need to develop a cost controlling system in order to improve the efficiency of investors, developers, customers, general contractors, as well as representatives of the banking system who are directly involved in the implementation of investment and construction projects. The paper summarizes the innovations of the Ministry of Construction, Housing and Utilities of the Russian Federation in the field of determining the cost of construction at the stages of the life cycle of an investment and construction project, and suggests their adaptation to the activities of commercial customers. The factors of the rise in the cost of construction in the modern conditions of the investment and construction sphere are systematized, including topical issues of the rise in cost due to the increase in prices of building materials. The main risks arising from the implementation of the project associated with an increase in cost are highlighted. As the results of the study, stages of construction cost control with a description of their content and a system of cost controlling of an investment and construction project are proposed.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/39/e3sconf_form2021_05048.pdf |
| spellingShingle | Bovsunovskaya Maria Development of a cost controlling system for an investment and construction project E3S Web of Conferences |
| title | Development of a cost controlling system for an investment and construction project |
| title_full | Development of a cost controlling system for an investment and construction project |
| title_fullStr | Development of a cost controlling system for an investment and construction project |
| title_full_unstemmed | Development of a cost controlling system for an investment and construction project |
| title_short | Development of a cost controlling system for an investment and construction project |
| title_sort | development of a cost controlling system for an investment and construction project |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/39/e3sconf_form2021_05048.pdf |
| work_keys_str_mv | AT bovsunovskayamaria developmentofacostcontrollingsystemforaninvestmentandconstructionproject |