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建筑施工企业全面预算管理应用研究.docx

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建筑施工企业全面预算管理应用研究 Abstract Constructionenterprisesfacechallengesinmanagingtheirbudgets,whichcanbeattributedtoalackofeffectivemanagementandplanning.Withtheriseofnewtechnologies,therearenumerousopportunitiesforconstructionfirmstoimprovetheirbudgetplanningandmanagement.Thispaperinvestigatestheimportanceandeffectivenessofcomprehensivebudgetmanagementinconstructionenterprisesandhowtechnologycanbeleveraged. Introduction Budgetmanagementisacrucialfactorthatdeterminesthesuccessofanyconstructionproject.Theconstructionsectorisuniqueinthatprojectsvaryincomplexityandscale,withsomerequiringsmallerbudgetswhileothersrequiringlargebudgets.Failuretomanagebudgetseffectivelycanresultinlosses,delays,andotherrepercussionsthatcanleadtoprojectfailure. Budgetmanagementinconstructionenterprisesrequiresvariousstrategies,andthispaperoutlinesthem.Thestrategiesrangefromimplementingeffectiveplanning,adoptingsoftwareapplicationsandtechnologies,stakeholdercollaboration,continuousperformancemonitoring,amongothers.Furthermore,thepaperhighlightstheadvantagesandlimitationsofbudgetmanagementstrategies. Effectiveplanning Acomprehensivebudgetplanoutlinestheexpectedexpenses,revenuesandcashflowprojectionsfortheconstructionproject.Planningshouldreflecttheexpectedcosts,includingcontingencybudgets,laborcosts,equipmentcosts,amongothers.Foreffectiveplanning,constructionenterprisesshould: -Identifyallprojectstakeholders-stakeholdersshouldincludecontractors,suppliers,employees,projectmanagers,amongothers.Understandingallstakeholdersandtheirroleshelpsinaccurateallocationofresourcesandallocationofresponsibilities. -Identifyprojectmilestonesandtimelines-constructionofabuildingrequiresvariousstages,andcreatingatimelineforeachhelpsineffectiveallocationofresourcesandbudgets. -Benchmarking-itisvitaltobenchmarkconstructionbudgetswithsimilarprojects.Thishelpsinestablishingrealisticbudgettargetsandcuttingcostswhereapplicable. Softwareapplicationsandtechnologies Newsoftwareandtechnologieshavetransformedthewayconstructionente