Cost control for real estate development projects in China - Part 1: Literature review |
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| Authors: | XIA Xu |
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| Institution: | Chongqing Construction Engineering Group Corporation Ltd., Chongqing 401122, P. R. China |
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| Abstract: | The background and purpose, and the current situation of the cost control theory of real estate development project are disscussed in the paper. Problems of cost control for real estate development projects in China are analyzed and summarized. According to the real estate development project cost control problems and related factors, a cost control index system of real estate development enterprise, and a cost control factors index system of real estate projects are constructed respectively. Cost control in the five stages of a real estate development project is introduced and summarized respectively. The five stages include: the investment decision-making, planning and design stage, the bidding phase, project implementation stage, and rental or sale. |
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| Keywords: | real estate cost control index system cost control factors cost control method |
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