Project Cost Management Process

2024-10-22 16:19:11 0 Report
This flowchart illustrates the Project Cost Management Process, detailing the steps involved in effectively managing project costs from inception to completion. It begins with project acquisition and positioning planning, followed by dynamic cost monitoring and design phases led by the Engineering Management Department. The process includes developing target costs at various stages, such as feasibility study and construction drawing versions. Key phases like concept design, procurement, and contract planning are highlighted, along with the roles of the Investment and Marketing Management Departments. The process concludes with project completion settlement, ensuring comprehensive cost control throughout the project lifecycle.
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