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Web of Proceedings - Francis Academic Press

Exploration of the Role of Engineering Technology and Economic Analysis in Engineering Cost Control

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DOI: 10.25236/icfmhss.2023.051

Author(s)

Shuqi Gong

Corresponding Author

Shuqi Gong

Abstract

Engineering technology economic analysis has a wide range of applications and a wide range of applications, which can be combined with construction projects and efficiently run through the entire construction project. This article conducts an in-depth analysis of the role of engineering technology and economic analysis in engineering cost control. Engineering technical and economic analysis contains a wide range of content and runs through the entire construction stage. It involves enterprises using scientific and effective methods to calculate, analyze, compare, judge, and evaluate the financial situation of projects, in order to obtain practical, feasible, and reasonable empirical evidence, providing scientific decision-making basis for the project promotion of enterprises. On the premise of ensuring engineering quality, select materials reasonably and prepare and review material procurement plans to keep cost differences within a reasonable range and avoid changes in cost control caused by changes in raw material prices. Starting from the technical and economic analysis of engineering, improving the economic rationality of the project while ensuring its quality, and maximizing the comprehensive benefits and goals of the project.

Keywords

Engineering technical and economic analysis; Engineering cost control; Effect