The ANALYSIS ON INFLUENCING FACTOR OF COST CONTROL OF EPC PROJECT BASED ON THE DEMATEL-ISM
Keywords:EPC Project, Cost Control, Influencing Factors, DEMATEL Method, ISM Method
The paper selects the influencing factors of EPC project’s cost control，analyzes and constructs the model of EPC project’s cost control from the point of view of system engineering，and utilizes the integrating DEMATEL—ISM method to study the relationships between the influencing factors and their impacts on cost control. And it gets the multilevel structure model of the influencing factors of EPC project’s cost control. The results show that project construction management level, procurement system, procurement process and standards project content acceptance and project settlement basis are the direct impacting factors of EPC project’s cost control. The study provides a reference of EPC project’s enterprises to improve project management level，effectively control project cost and achieve project management objectives.
Xu Lili. Key points of EPC project design control based on cost control [J]. Engineering economy, 2020, 30(11): 25-28.
Zeng Xiang. Cost management measures for EPC project [J]. China's collective economy, 2020(36): 33-35.
Yuan Yamin. Analysis on risk prevention strategy of construction project cost under EPC mode[J]. Chinese architectural metal structure, 2020(12):62-63.
Ye Zhao Ping, Pan Chang Qian, Ye Shui Ying. Research on material and equipment procurement cost control of small town upgrading and reconstruction project under EPC mode [J]. China Construction, 2020(10): 50-51.
Shu Jian Ping. Research on cost management mode of EPC project [J]. Engineering construction and design, 2018(23): 292-293+296.
Wu Zhu Xiang. Construction cost control measures under EPC mode of construction projects [J]. China Construction, 2020(11):38-39.
Duan Yong Hui, Zhang Yue, Guo Yi Bin, Wang Xiang. Risk assessment and strategy suggestion of EPC project based on structural equation [J]. Friends of accounting, 2021(02):104-110.
Liu Ming Fei, Chen Wei. Research on Influencing Factors of logistics service quality risk in front warehouse of fresh and cold chain based on integrated DEMATEL-ISM [J]. Safety and environmental engineering, 2020, 27(01):118-125.
Wang Wen He, Zhu Zheng Xiang, Mi Hong Fu, etc. Study on Influencing Factors of fire accident in urban underground comprehensive pipe gallery based on DEMATEL-ISM [J]. Safety and environmental engineering, 2020, 20(03):793-800.
How to Cite
Copyright (c) 2022 Stavební obzor - Civil Engineering Journal
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).