Construction project cost financial management process

Construction project cost financial management process

Introduction: At present, the profitability of the building construction industry is showing a decreasing trend, strengthening the cost control of construction projects has been mentioned by the company in the first place.

Cost control is the construction project as the object of management, to the project manager responsibility system as the center, based on the contract, according to the intrinsic laws of the construction project, to achieve the optimal allocation of resources and the various factors of production for effective planning, organization, guidance, control, to obtain the best economic benefits of the process. The purpose of cost control is to reduce project costs and improve economic efficiency. Specific processes are as follows:

1. Bidding

The bidding price is directly related to the benefits of the bidding is a fierce competition. Bidding to occur a variety of costs, including bidding fees, travel costs, consulting fees, office expenses, hospitality and so on, in order to improve the winning rate and save bidding expenses, has become an important part of reducing the cost of expenditure. Bidding costs, the total amount of control associated with the bidding price, standardize the scope and amount of expenditure, and implementation to the bidding responsibility for management. 2. cost budget

Construction project cost budget is the cost plan 's foundation, cost budget to enhance the optimization of the cost plan and operability is of great significance, but also for the preparation of scientific and reasonable cost control objectives to provide a strong scientific basis. The cost budget mainly includes the labor cost budget table, machinery cost budget table and material cost budget table.

3. Familiarization with the budget

After receiving the budget table of man and machine cost budget table, civil construction material budget table project cost budget table transmitted by the Budget Section, the Finance Section will read in detail the budget limit of each cost, familiarize with the indexes of the single - 1 - 1

bit calculation price, have a preliminary understanding of the whole situation of the project and awareness, have questions and ask the relevant departments. The question asked the relevant departments in a timely manner, for the next step in the cost accounting to do a good job.

4. Project construction

The company's project department at the same time to prepare for the project pre-construction preparatory work, as the project cost management of the project manager of the first responsible person, should be multi-level, all-round co-ordination of the project department of the cost of management work, scientific, standardized, rational use of human, material and financial resources, according to the construction design of the specific content to determine the cost objectives, prepare the cost of construction design. According to the specific content of the construction design to determine the cost objectives, preparation of cost plans, develop cost control programs, so as to lay a good foundation for the future cost control of the construction project; in the construction process of scientific and rational search for low-consumption, high-efficiency new technology, new technology, new materials is to reduce the cost of the important technical measures. Focus on good quality, eliminate rework, effectively shorten the acceptance time, thus effectively saving expenses and reduce costs. 5. Material Procurement

During the construction period, the Material Section of the company is responsible for the procurement of materials and goods required for the project. Focus on the selection of a variety of low-consumption, high-efficiency new techniques, new technologies, new materials, materials purchased to implement the purchase price control, quality and quantity under the premise of optimal purchase of materials. Material transportation should choose the most economical transportation method to reduce transportation costs. Considering the time value of money, reduce the use of funds, reduce inventory costs, effectively reduce the loss of each link; and timely request for purchase invoices.

6. Warehouse management

Responsible for the company's all construction machinery and equipment, turnover materials and tools and other items of maintenance and repair work, regular inventory of inventory items, and do a good job in the warehouse items in and out of the warehouse registration, so as to achieve the matching of accounts. Adhere to the residual material recycling, reduce the level of material consumption, reduce stacking, storage loss. - 2 - 2

7. cost summary

Finance Section according to the construction project departments to report the cost data, regular cost collection, summarize and organize, for the next step in the preparation of cost accounting.

8. cost monitoring

Finance department is an important part of cost monitoring, mainly through the audit of the expenditure of various costs, balanced scheduling of funds and the establishment of various auxiliary records and cooperate with the project manager of the cost of the implementation of the various departments to carry out inspection and supervision of all aspects of cost analysis of the project and timely feedback to the decision-making departments, so that effective measures can be taken to improve the quality of the project, to ensure that the cost of the project is not reduced. And timely feedback to the decision-making department, in order to take effective measures to correct the deviation of the project cost. Because of the irreversibility of the building construction project, the cost control should emphasize the dynamic control of the project. Finance according to the summary of the project cost data accounting to analyze whether the project cost is within the normal budget, found that the cost of cost abnormalities, over-budget, we must promptly ask the project manager and the budget department for details, as soon as possible to take effective measures to actively solve the problem.

Cost control measures: (1) strengthen the labor cost control management. By constantly improving the management of manpower information, effectively reduce the waste of labor; take a more rigid system of rewards and penalties to stimulate the subjective initiative of the labor force; (2) strengthen the material cost control management. Focus on improving the procurement of construction materials, transportation, delivery and receipt, storage and other aspects of the work, and constantly save the relevant procurement costs, effectively reduce the loss of the above links; scientific planning and stacking of materials on site, so as to avoid secondary handling; strict implementation of the materials into the field acceptance and limit of the material receiving system. (3) Strengthen the control and management of machinery costs. Focus on the scientific selection and optimization of the use of construction machinery and equipment, good maintenance and repair of machinery and equipment, and constantly improve the rate of completion of construction machinery, utilization and use of efficiency, and constantly reduce the use of machinery costs.

9. Project completion

When the project is completed, the financial department should do a good job of costing and analyzing the work for the future of the new project to provide a basis for cost control. At the same time, the financial staff should strengthen the recovery of the warranty receivable, and timely and the company and the accounts, plug the loophole of cost loss;

To sum up, to strengthen the cost management of the project, we must set up a full awareness of cost management, the establishment of a corresponding management system and organizational leadership, to seize the key aspects of cost management, pay attention to and solve the problems arising in the management of the cost of the project cost of whole process control, thereby maximizing the realization of the company's cost of the whole process of cost control. Control, so as to maximize the economic benefits of the company's projects.