De ce avem nevoie de un management eficient al costurilor proiectelor de construcţii
Why do we need an efficient management of construction projects

Author(s): Alexandra-Marina Barbu, Mihaela Sandu
Subject(s): Business Economy / Management, Micro-Economics, Financial Markets, Socio-Economic Research
Published by: INCD URBAN-INCERC
Keywords: construction costs; project cost management; cost estimation
Summary/Abstract: Constructions are the primary vector in the process of economic and social development and modernization. Estimating the costs of construction projects with high accuracy in the conceptual phase of project development is crucial for feasibility studies. However, a number of difficulties arise when performing the cost estimation in the conceptual phase. The major problems faced are the lack of preliminary information, the lack of the database on the costs of construction projects, the lack of data, the lack of adequate cost estimation methods and the involvement of uncertainties. The main objective of this research is to use state-of-the-art techniques to estimate the construction costs of the construction projects, to emphasize the importance of proper monitoring of the construction and to examine the processes of controlling the existing costs. This will help all staff realize the importance of construction monitoring and cost control. Cost estimation is an essential component of construction projects. In construction, almost all clients are interested in obtaining fully functional facilities completed in time, cost, quality and scope. A builder who is able to build within the estimated time and budget, at the right standards and scope is an excellent builder. Cost control is a process in which the construction cost of the project is managed by the best methods and techniques, so that the contractor does not suffer losses when carrying out the project activities.

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