Abstract

By learning from foreign advanced ideas, this paper summarizes and compares the engineering cost management modes and theories in America, England, and Europe, and advances suggestions for the international bidding and quoting tactics and quotation compilation skills of China’s construction industry.

Highlights

  • In order to achieve the expected goal in the competition for foreign engineering, we must master foreign engineering cost management modes and theories

  • Corporations design plans and constructions based on relevant area standards and cost indexes in the regulated scope

  • For private-invested projects, foreign advanced engineering cost management does not interfere with specific construction process but offer policy guidance and information direction

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Summary

Introduction

In order to achieve the expected goal in the competition for foreign engineering, we must master foreign engineering cost management modes and theories. The government adopts an indirect method to achieve the engineering cost management. For private-invested projects, foreign advanced engineering cost management does not interfere with specific construction process but offer policy guidance and information direction. Private-invested projects are regulated by the law of market economy, reflecting the government’s macro management and indirect control over costs.

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