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Cost Structure & Control of Real Estate Supply Chain

Author: WenJing
Tutor: GuoZuoJuan
School: Beijing Jiaotong University
Course: Engineering and project management
Keywords: Real Estate Supply Chain Activity-based Costing Target-based Costing Balanced Supply Chain Scorecard Principal Component Analysis
CLC: F293.33
Type: Master's thesis
Year: 2010
Downloads: 543
Quote: 4
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Abstract


During the project development process of the real estate, the developer is unlikely to participate directly in every aspect of the work, but fully mobilize the available resources inside or outside it through its own organization and management to effectively integrate the resources of the developer itself and the related enterprises. Proposed real estate supply chain provide a good platform for the developers to achieve optimization of project costs through coordination and control of the entire chain, to help real estate developers reinforce the establishment and improvement of the cost control system, and increase economic efficiency of the developer, improve industrial structure of the real estate, enhance the core competitiveness of enterprises, to achieve the efficiency leap of the overall real estate supply chain.Based on the real estate project’s development process we build the real estate supply chain, in the basis of the study of cost relations between the developer and the related companies we establish the cost system of real estate supply chain, and depending on whether directly related to the project we divide the cost system into internal-project cost and external-project cost. Contrary to different types of cost we determine two different cost control methods which are the activity-based costing combined with target-based costing and balanced supply chain scorecard, and in-depth study of its specific control processes and measures. With the use of SPSS principal component analysis method, supply chain cost control systems were effective evaluated. Finally the actual case analysis shows the importance of real estate supply chain cost management. This article focuses on the classification of real estate supply chain costs and the combining of two methods to control the costs, so we hope that it can bring the real estate business better cost control performance. This paper has 20 figures,19 tables and 38 references.

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CLC: > Economic > Economic planning and management > Urban and municipal economy > Urban Economics and Management > The real estate economy > Real Estate Management
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