The Research on Cost Control Method in Power Plant Construction

It is crucial to control the cost of power plant. The paper starts with the fund flow that has an influence on construction cost, the cost control method in power plant installation engineering based on the time value of funds is proposed, it requests the condition that there is no influence on the project´s duration and quality, uses the time value of funds theory to optimize the project´s installation process, puts the equipment which occupy large fund to the later project as much as possible, so that we can reduce the interest in the construction duration, and the cost of construction can be reduced ultimately. Finally, an example is given to verify the reliability of the method.