The Research on the Cost Management of NTC 4400T Press Construction
Project
Abstract
Along with the developing of the meticulous of the socialized labor division, the project
cost management is also put into the trend of complication and diversification. Since the
drastic marketing competition has forced the machine manufacturing project cost be
compressed progressively, it gives a direct affection on the importance of how to identify the
different factors during the project implementation, find out the real factor which gives the
cost impaction, draw out the reasonable action and take the effectively project management,
based on the full and accurate earlier stage preparation, specific and precise middle stage
management and solid and steady ending analysis.
Through the cost composition, impact factors and performance analysis of NTC 4400T
press line manufacturing and assembly project which implemented by FAGOR Metalforming
Machine Tool Ltd. Co, analyzed the main project cost and general cost composition influence
via comparative method, specifically analyze the cost of each item during the project
implementation, compare the detail cost via target cost management, earned value
management and factors analysis approach, give out the particular data and statistics, find out
the real cost impaction factors through the comparison between the nominal cost and real cost.
In order to sum up the experiences for the following projects, accelerate the more effective
project cost management of the enterprise, enhance the project cost analysis, for the better
economic benefits. Meantime, hope through the research of the cost of this project, the
experience can be also used as a reference for the similar mechanical manufacturing project
cost control management.
Keywords: Project cost management, target cost management, earned value management,
factor analysis approach.
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