Brief introduction of engineering cost specialty
The major of engineering cost has basic theoretical knowledge of management, technology, economy and law, and systematically grasps the theoretical basis and basic skills of fixed asset investment, financing management, engineering economic management and engineering cost management.
Senior applied professionals who can engage in investment and engineering cost management, consulting and service, engineering insurance, real estate evaluation and other work in various construction enterprises, cost consulting units, supervision companies and design institutes, construction units, financial institutions, investment management departments of governments at all levels, universities and scientific research institutions.
Engineering cost is an undergraduate major in colleges and universities, which belongs to management science and engineering. The basic study period is four years, and a bachelor's degree in management or engineering is awarded.
Employment prospect of engineering cost specialty direction
Graduates are mainly suitable for the whole process management of project investment and financing and project cost. Should basically have the ability to carry out project evaluation and project cost management, and basically have the ability to prepare project bidding, bidding documents and comprehensive bid evaluation.
Project cost refers to the construction price of the project, which refers to the sum of all expected or actual costs required to complete a project construction. From the owner's (investor's) point of view, the project cost refers to the construction cost of the project, that is, all the fixed assets investment expenses expected or actually paid for the construction of a project.
These expenses mainly include the purchase of equipment and tools, construction and installation costs, other construction costs, reserve funds, interest during the construction period, and adjustment tax on the investment direction of fixed assets (this fee is not charged for the time being).
Although these expenses do not all form the value of new fixed assets in the final accounts of construction in progress when calculating the value of new assets according to the new financial system and accounting standards for business enterprises, they are necessary to complete the construction of fixed assets.
Therefore, in this sense, the project cost is the destruction of fixed assets investment in construction projects. From the perspective of contracting, project cost refers to the project price, that is, the construction and installation project price and the total construction project price formed through bidding and other transactions in the land, equipment, technical services and contracting markets.
The bidding object here can be a construction project, a single project, or a certain stage of the whole construction project, such as the feasibility study, design and construction stage of the construction project.
References:
China engineering cost association