According to the national standard "Terminology Standard of Project Cost" (GB/T50875-20 13) issued by the Ministry of Housing and Urban-Rural Development, the project cost (PC) refers to the construction cost that constitutes the estimated or actual expenditure of the project during the construction period.
The process of forecasting, planning, controlling, accounting, analyzing and evaluating the project cost by comprehensively applying the knowledge and skills of management, economics and engineering technology is called project cost management (PCM).
According to the procedures, methods and basis stipulated by laws, regulations and standards, the project cost and its components are predicted or determined, which is called project valuation or estimation (CPE).
The basis of engineering cost estimation (BEPC) includes engineering measurement and valuation standards, engineering valuation quota and engineering cost information related to valuation contents, valuation methods and price standards.
Project cost background:
During the period of 2000-20 1 1 year, the total industrial output value of China's construction industry increased year by year, from 1249760 billion yuan in 2000 to 2177340 billion yuan, breaking through177340 billion yuan for the first time.
As the most important engine of China's economic growth, the construction of real estate and "Iron Gong Ji" will still have decisive power in the short term and will run through every stage of China's urbanization process. Therefore, the engineering cost consulting industry will still have great potential, but opportunities and challenges coexist, and the industry itself still needs to be constantly improved and upgraded in the development process.
Refer to the above content: Baidu Encyclopedia-Project Cost