Title :
The Project Investment Control Based on Virtual Partnering Organization
Author :
Lin Jiyong ; Shi Anna
Author_Institution :
Bus. Sch., Hohai Univ., Nanjing, China
Abstract :
The excessive competition in bidding of current large-scale projects might lead to lots of negative problems, distorted relationship between the inviters and the bidders and decrease of the project investment control. Based on the virtual partnering organization model for project management, the procedures of project investment control for the management of large-scale projects during the design and construction phases were analyzed. The results show that the project investment control based on the virtual partnering organization is an effective and reasonable control of project investment and operation mechanism.
Keywords :
construction industry; investment; organisational aspects; project management; large-scale construction project bidding; project investment control; project investment mechanism; project management; project operation mechanism; virtual partnering organization; Collaboration; Contracts; Cost accounting; Investments; Organizations; Process control; Project management;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5998196
