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Finalizing the Standard Bases for Determining Construction Investment Costs Using State Capital in Vietnam
Vietnam is in the process of industrialization and modernization. Along with economic, cultural and social development, construction investment activities are growing in both scale and quality. The formulation and management of construction investment costs are constantly improved in terms of content and calculation methods toward the direction of rigid management and control of costs, but also enabling the right to be proactive, improving responsibility, enhancing power of the person who decides to invest as well as the investor. In reality, however, there are many obstacles: lack of standard bases for determining costs, incomplete construction price and norm system, delay compared to market movements; unreasonable regulations on cost calculation, causing waste of investment capital, affecting project efficiency. The article aims to analyze the current situation of the bases for determining construction investment costs, establish groups of factors affecting this work, and conduct linear regression analysis to determine the factors that have great influence on this work. This is the ground for proposing solutions to finalize the bases for determining construction investment costs using state capital in Vietnam.
Finalizing the Standard Bases for Determining Construction Investment Costs Using State Capital in Vietnam
Vietnam is in the process of industrialization and modernization. Along with economic, cultural and social development, construction investment activities are growing in both scale and quality. The formulation and management of construction investment costs are constantly improved in terms of content and calculation methods toward the direction of rigid management and control of costs, but also enabling the right to be proactive, improving responsibility, enhancing power of the person who decides to invest as well as the investor. In reality, however, there are many obstacles: lack of standard bases for determining costs, incomplete construction price and norm system, delay compared to market movements; unreasonable regulations on cost calculation, causing waste of investment capital, affecting project efficiency. The article aims to analyze the current situation of the bases for determining construction investment costs, establish groups of factors affecting this work, and conduct linear regression analysis to determine the factors that have great influence on this work. This is the ground for proposing solutions to finalize the bases for determining construction investment costs using state capital in Vietnam.
Finalizing the Standard Bases for Determining Construction Investment Costs Using State Capital in Vietnam
Lecture Notes in Civil Engineering
Cuong, Le Thanh (editor) / Gandomi, Amir H. (editor) / Abualigah, Laith (editor) / Khatir, Samir (editor) / Tuyet, Dung Nguyen Thi (author) / Ngoc, Phu Tran (author)
International Conference on Structural Health Monitoring and Engineering Structures ; 2023 ; Da Nang city, Vietnam
Recent Advances in Structural Health Monitoring and Engineering Structures ; Chapter: 26 ; 269-282
2024-06-02
14 pages
Article/Chapter (Book)
Electronic Resource
English
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