Investigating the Impact of Economic Reforms on the Construction Cost Management System in China

Ding, GK; Smith, PV

Investigating the Impact of Economic Reforms on the Construction Cost Management System in China

Ding, GK

Smith, PV

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Publisher:: Royal Institution of Chartered Surveyors (RICS)
Publication Type:: Report
Citation:: 2012, pp. 1 - 60
Issue Date:: 2012-01

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Field	Value	Language
dc.contributor.author	Ding, GK https://orcid.org/0000-0003-2697-9395	en_US
dc.contributor.author	Smith, PV https://orcid.org/0000-0001-5825-2014	en_US
dc.date.issued	2012-01	en_US
dc.identifier.citation	2012, pp. 1 - 60	en_US
dc.identifier.isbn	978-1-78321-008-4	en_US
dc.identifier.uri	http://hdl.handle.net/10453/31594
dc.description.abstract	The construction industry in China has undergone significant change over the past three decades as a result of economic reforms implemented by the Chinese government over this period. In 1978, the Communist Party of China declared China's economic reforms that saw a shift from a planned centrally controlled economy to an open-door economy that incorporated a gradual shift to a market driven system. The report examines the impact that these economic reforms have had on cost management practices in the Chinse construction industry. The report presents the results of a research project and the methodology includes an extensive literature review and data collection. Data collection involvles an industry survey in Tianjin and Beijing, project case studies in Beijing and the analysis of current project cost management documentation. The report examines the challenges and problems of cost engineering education, professional development and standards to develop recommendations to help address these issues and problems.	en_US
dc.publisher	Royal Institution of Chartered Surveyors (RICS)	en_US
dc.title	Investigating the Impact of Economic Reforms on the Construction Cost Management System in China	en_US
dc.type	Report
utslib.location	London	en_US
utslib.for	1202 Building	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/e-Press
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
pubs.organisational-group	/University of Technology Sydney/Strength - CBI - Centre for Built Infrastructure
pubs.organisational-group	/University of Technology Sydney/Strength - CCDP - Contemporary Design Practice
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US
pubs.confidential	false	en_US
pubs.place-of-publication	London	en_US
pubs.rights-statement	The construction industry in China has undergone significant change over the past three decades as a result of economic reforms implemented by the Chinese government over this period. In 1978, the Communist Party of China declared China's economic reforms that saw a shift from a planned centrally controlled economy to an open-door economy that incorporated a gradual shift to a market driven system. The report examines the impact that these economic reforms and rapid transportation have had on cost management practices in the Chinese construction industry. The report presents an extensive literature review, and data collection involving an industry survey in Tianjin and Beijing and project case studies in Beijing, along with an analysis of current project cost management documentation. The areas covered by the main findings include: competitive bidding; the Design-Bid-Build procurement system; Bills of Quantities and Standard Methods of Measurement; the role of consultant cost engineers; post contract management; tendering system; and the role and place of cost management professionals. There is very little literature in English that explains in detail how the construction industry works in China. This report presents a significant contribution to furthering understanding of the role of the Chartered Surveyor in the construction industry in China.	en_US

Abstract:

The construction industry in China has undergone significant change over the past three decades as a result of economic reforms implemented by the Chinese government over this period. In 1978, the Communist Party of China declared China's economic reforms that saw a shift from a planned centrally controlled economy to an open-door economy that incorporated a gradual shift to a market driven system. The report examines the impact that these economic reforms have had on cost management practices in the Chinse construction industry. The report presents the results of a research project and the methodology includes an extensive literature review and data collection. Data collection involvles an industry survey in Tianjin and Beijing, project case studies in Beijing and the analysis of current project cost management documentation. The report examines the challenges and problems of cost engineering education, professional development and standards to develop recommendations to help address these issues and problems.

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http://hdl.handle.net/10453/31594