Problems and Prospects of Pricing and Total Cost Management in Construction Cover Image

Проблемы и перспективы развития ценообразования и стоимостного инжиниринга в строительстве
Problems and Prospects of Pricing and Total Cost Management in Construction

Author(s): Sergey Oparin, Yuri Oparin
Subject(s): Business Economy / Management
Published by: Икономически университет - Варна
Keywords: Construction; Investment project; Pricing; Real estate; Total cost management
Summary/Abstract: This article discusses the trends in the development of pricing and total cost management in construction in conditions of uncertainty and risk arising from the mismatch of the current system of pricing and estimated rationing market conditions, used resources and innovative technology of building production. Disclosed operating cost risk management capabilities at the stage of project preparation of capital construction in drawing up estimates. Focuses on the reliability of the total cost management, determining the value of real estate and construction, taking into account the risk of the need for additional funding. The proposed methodology defines a unified treatment of uncertainty and risk and applies to justify the reserve for unforeseen work and cost budgeting and estimate calculations taking into account project, cenoobrazujushhego, contract industrial-technological and inflationary risks.