S-modeS-model for project cost management in value engineering for construction companies

• Autorzy: Yang Yang , Xiao Wanxin , Lyshenko Margarita , Zhang Yang

Identyfikatory

DOI

10.24425/bpasts.2023.146617

• Języki publikacji: EN

Abstrakty

EN

Today’s fast-changing environment for construction companies requires rapid responses and adaptation of their projects. Despite the multitude of tools applied for project cost management in engineering and construction companies, there is a need to form comprehensive solutions. The purpose of the study is to form a methodological approach to project cost management in the field of engineering construction based on alternative models to diagnose the development, assessment and selection of functional areas and content of cost management in the construction project, which allows one to increase adaptability and flexibility in the process of its implementation. The basis of research methodology is modeling, which allows one to adjust the economic and financial flows based on three S-curves, one for each component of the total cost of the work: direct costs, indirect costs and reserves. These curves include the direct cost curve for the main purchasing packages as well. This brings financial flows closer to reality because it is possible to adjust the S-curves according to the behavior of each subsystem. The contribution of the study is the proposed approach of integrating concepts related to the coordination and development of project design and production management (lean construction), forming a “3D model of management”, in a broad and comprehensive management system. It assumes a comprehensive and complete way to manage civil engineering projects. The proposed methodological approach can make a significant contribution to the preparation of forecasts and estimates by planners and controllers in the context of construction projects.

Słowa kluczowe

EN

cash flow; construction management; cost control; engineering construction; scenario modelling; value management

PL

przepływ środków pieniężnych; kontrola kosztów; budownictwo inżynieryjne; modelowanie scenariuszy; zarządzanie wartością; kierowanie budową

• Wydawca: Polska Akademia Nauk, Wydział IV Nauk Technicznych
• Czasopismo: Bulletin of the Polish Academy of Sciences. Technical Sciences
• Rocznik: 2023
• Tom: Vol. 71, nr 6
• Strony: art. no. e146617
• Opis fizyczny: Bibliogr. 45 poz., rys., tab.

Twórcy

autor

Yang Yang

• Department of Construction Engineering, Xinxiang Vocational and Technical College, Xinxiang, China
• Faculty of Economics and Management, Sumy National Agrarian University, Sumy, Ukraine

• https://orcid.org/0000-0001-7551-5816

autor

Xiao Wanxin

• Faculty of Economics and Management, Sumy National Agrarian University, Sumy, Ukraine
• Funding Center, Education Bureau of Hongqi District, Xinxiang City, China

autor

Lyshenko Margarita

• Department of Marketing and Logistics, Sumy National Agrarian University, Sumy, Ukraine

autor

Zhang Yang

• Faculty of Economics and Management, Sumy National Agrarian University, Sumy, Ukraine
• Personnel Department, Henan Expressway Monitoring Toll Communication Network Service Co. Ltd., Zhengzhou, China

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Uwagi

Opracowanie rekordu ze środków MNiSW, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2024).