Abstract
Nowadays, the need for scientific and modernized engineering cost management has been increasingly prominent. Hence, this study compared the differences of the quantities’ terms, the management philosophy, the related institutions (or specifications), and other factors in engineering cost management between China and Germany accompanied by a case study for a warehouse building project in China. There are two main parts. Firstly, according to the literature research, the comparative analysis was conducted on the engineering cost-control mode, the list of bills of quantities, and other parameters between China and Germany. On the basis of this, the “differences” between China and Germany especially in the bidding process were further studied with the empirical analysis of engineering cases, which is a supplementary argument to the theoretical analysis. Finally, several related suggestions were put forward, including proposing a set of “universal” bills of quantities (which can be understood by Chinese enterprises and also accepted by foreign-funded enterprises), the establishment of the whole process, a dynamic and information-based project cost-management system, cultivation of talents with the advanced management concept, and the development of international engineering companies and project-management companies with core competitiveness. The conclusions are expected to provide some references for China’s construction industry to further expand the international market and to increase the influences in global markets.
Highlights
The report of the 19th National Congress of the Communist Party of China clearly pointed out that China’s economy has transformed from a high-speed growth stage to a high-quality development stage
Countries that regard theisGerman project-cost system as the reference, The unexpected expense reserved for possible transfers andmain adjustments inthe the projectproject cost management unit needs to formulate or various claims for compensation thatunit may proposed by the contractor
As the practical problems reflected in the engineering cases in this article proposed in previous sections, whether Chinese enterprises investing in construction abroad or foreignfunded enterprises engaged in engineering activities in China, the emergence of different types of lists are inevitably faced by different participating units in the same project due to institutional differences
Summary
The report of the 19th National Congress of the Communist Party of China clearly pointed out that China’s economy has transformed from a high-speed growth stage to a high-quality development stage. (2) At present, most of the comparative studies on project-cost analysis focus on the whole “system,” meaning that their positions and perspectives are mostly limited to one of the participants in construction projects (such as consulting companies [28], construction units [29], construction organization [30], etc.). Compared with other research topics, there are relatively fewer studies about the interfaces and relationship between various units and participants in China, and there is a lack of empirical research on engineering cases based on theoretical analysis of China and Germany. Under the background of the continuous optimization and development of the construction industry, this study conducted an in-depth analysis and a comparative study on the cost management (especially in cost estimate) of engineering construction projects between China and Germany, which took the new warehouse project of Siemens as an actual engineering case. China’s construction industry to further expand the international market and increase the global share of the construction industry
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