Author(s)

Mei Zhao

Corresponding Author

Mei Zhao

Abstract

The cost management of construction projects is often fragmented among different stages, and lacks coordination, which creates problems such as "creative overspending", "uncertain changes" and "reconciliation chaos", just like a travel without guiding introduction easily goes off the cost line. This article explores the application of whole-process engineering cost consultation in construction projects from the perspective of whole-life cycle collaboration. It includes investment estimation in the decision-making stage, quota control in the design stage, dynamic adjusts during construction stage and close-loop review after the completion and settlement. The research demonstrates how consulting firms implement the processes of "precision, penetration, real-time monitoring and rigor" in all stages including barriers to cost management.

Keywords

Engineering Cost Consultation; Whole-Life Cycle Cost; Dynamic Control; Limit Design