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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on Engineering Cost based on Full Life Cycle Theory

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DOI: 10.25236/etmhs.2019.012

Author(s)

Peipei Liang

Corresponding Author

Peipei Liang

Abstract

Cost management is one of the most important contents in China's engineering construction. Engineering cost and benefit are greatly affected by cost management. However, due to the influence of traditional planned economic model, some problems in China's whole process engineering cost management are gradually coming into being. It has been found that it is necessary to study the life cycle theory in project cost management, explore the model of project cost management, and bring out the advantages of life cycle to project cost management.

Keywords

Engineering Cost, Full Life Cycle Theory, Application Area