Abstract

Traditional cost control methods include cost estimation, planning, accounting, and repetitive control. However, they are not able to desirably solve large-quantity, time-dependent, and other non-mathematic issues related to cost control. This paper studied cost control by means of fuzzy control technology: establishing the cost fuzzy control system, fuzzy reasoning, and fuzzy control process (rule). By case analysis, it is found that the fuzzy control system of cost control can output control measures based on different input information, that it can accordingly choose and process adequate schemes of management, and that applications of exact mathematical models concerned are not necessary. This method is simple to be applied. Its application is efficient for scientific and computerized management of cost control. It can also be used to improve the level of project cost control.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.