scholarly journals COST CONTROLLING AS A TOOL FOR REDUCING THE RISKS OF AN INVESTMENT AND CONSTRUCTION PROJECT

2020 ◽  
Vol 3 (№11 2020) ◽  
pp. 420-424
Author(s):  
M.P. Bovsunovskaya ◽  
D.D. Saidakova
Keyword(s):  
Construction Project ◽  
Cost Controlling

scholarly journals Development of a cost controlling system for an investment and construction project

2021 ◽  
Vol 263 ◽  
pp. 05048
Author(s):  
Maria Bovsunovskaya
Keyword(s):  
Construction Projects ◽  
Building Materials ◽  
Construction Project ◽  
Banking System ◽  
Cost Controlling ◽  
Controlling System ◽  
General Contractors ◽  
The Russian Federation ◽  
The Cost ◽  
Cost Of Construction

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.

A SOFT SYSTEMS METHODOLOGY APPROACH TO IMPROVING THE SUPPLY CHAIN OF A CONSTRUCTION PROJECT IN GAUTENG PROVINCE, SOUTH AFRICA

2020 ◽  
Vol 10 (1) ◽  
pp. 86-99
Author(s):  
Lewis Tsuro ◽  
Stan Hardman
Keyword(s):  
South Africa ◽  
Supply Chain ◽  
Construction Project ◽  
Soft Systems Methodology ◽  
Project Planning ◽  
Suitable Model ◽  
Senior Managers ◽  
Good Tool ◽  
Systems Methodology ◽  
Soft Systems

The Soft Systems Methodology (SSM) was developed as a set of tools for identifying and making incremental steps to improve situations with poorly defined causes or solutions. The supply chain forms a key process of any construction project; however, on any given construction site, supply chain inefficiencies could arise from many different avenues. Opinions vary, though, on which of these avenues is more important for increasing supply chain efficiencies; whether any problem even exist across the different aspects of the supply chain; as well as what steps should be taken to resolve them. It was therefore studied, here, whether SSM could be employed as a useful tool to systematically apply in the supply chains of a construction project in South Africa, for understanding and targeting the problematic situations that arise. Following thorough cyclical open-ended interviews with 17 workers, supervisors, foremen, site clerks, senior managers, and the CEO of the principal contractor at a new office park construction project in Rosebank, Johannesburg, and a thematic analysis of the data, SSM was performed to understand the existing challenges, and develop a suitable model for improvement. The study found that SSM was a good tool for understanding the ‘messy’ circumstances surrounding the chosen construction project supply chain, as well as actions that could be taken to improve the supply chain’s efficiency on site. The findings add weight to the argument that SSM could be a good tool for project managers to systematically introduce into their project planning regimens

Conflict Analysis in Public Construction Project with Unstructured Data - The Case of Jeju Naval Base Project -

2018 ◽  
Vol 8 (1) ◽  
pp. 83-106
Author(s):  
Seung Baek ◽  
Seung Heon Han ◽  
Changjun Lee ◽  
Ji Seop Lee ◽  
Soo Hwan Moon
Keyword(s):  
Construction Project ◽  
Conflict Analysis ◽  
Unstructured Data ◽  
Public Construction ◽  
Naval Base
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