Cost Control during the Bidding Stage of Construction Projects
Scientific Journal of Technology, (2024), Vol.6, No.1, pp.33-36
Published: January 22, 2024
DOI: 10.54691/565cme70
Abstract
Effective cost control during the bidding stage of construction projects is crucial for the success of project management. The process starts from a thorough pre bidding stage, including feasibility studies, risk assessments, and realistic budget formulation. In the bidding process, setting clear standards, evaluating suppliers, and evaluating based on various factors such as cost, technical qualifications, and past performance are key steps. Through comprehensive measures, it can be ensured to minimize risks and improve project efficiency to the greatest extent possible.
Keywords:
Construction Engineering; Bidding Stage; Cost Control.
APA Citation:
Jie Jin (2024). Cost Control during the Bidding Stage of Construction Projects. Scientific Journal of Technology, 6(1), 33-36. https://doi.org/10.54691/565cme70
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