Highway Maintenance Project on Financial Management of Discussion

[Abstract] the financial needs of road maintenance projects and standardize the implementation of strict management. Financial Management, the core of road maintenance works, it is the form of value to enterprises through a comprehensive capital campaign management, infiltration and run through all economic activities of enterprises, Financial Management is the key to road maintenance projects, Financial Management, the enterprise must good staff.

[Keywords:] Highway Maintenance Project Financial Management

one, highway maintenance engineering problems in the Financial Management
project cost control procedures are not standardized, the responsibility is not completely decomposed, the total market price of the project implementation OK, the unit price should be to sub-project in respect of decomposition, were calculated for each sub-project implementation unit price and total price, and on this basis, as the total package with the contracting team signed a contract basis and clear package , as a control its own construction team, the main basis for machinery costs, as the purchase or purchasing materials from the quantity and unit price of the main basis.

In the construction process, the cost of each unit controls the main project is to strengthen the business and the control of material supply department, but the bill failed to pass through the effective statistical department organized the program to the financial sector as the core to form a cost control system. Accounting departments can not participate in the project management of the entire process, do not have the target cost, do not have the functional departments and construction units until the construction of grass-roots members of the target cost, especially for the contracting team target cost can not be timely and accurate grasp of the temporary employment plan, the amount of various materials, the actual use of Taiwan machinery classes or the amount of the completed works, the construction unit month (quarter) the amount of work already done, the financial sector in the loss of project leader or section chief and other departments, sub-unit of the control functions, the unit most likely to cause confusion and loss management. Project managers too much power, lack of effective constraints. There is the project manager from the finance unit of the control, collection and payment for projects, on behalf of the procurement of construction materials and equipment problems.

Second, financial control out of touch with the engineering control, financial control, engineering control
lags behind most of the units and completion of construction of the project implementation, a balance sheet management approach, a large number have completed the project cost can not be timely credit to finance the cost of serious lags behind the actual cost, the financial sector can not on the engineering technology department, materials management departments to implement effective control, the financial sector failed to play its due role in cost management, that the cost of each unit separated from the financial sector management practices, the financial sector still a later accounting department, which is the target cost management standardization is still a great distance. Objects do not meet the road maintenance cost accounting system and the Ministry of Construction accounting corporate financial accounting standard provisions, accounting and engineering the divorce settlement, the cost of a serious breakdown of distortion, some costing unit project object, content, and projects.

Standardized procedures for project cost management should be winning acceptance in the engineering construction tasks, the unit location of the actual situation in accordance with the project, the construction of factors of production (labor, material, machine) market price of such an investigation, and construction technology based on practical programs and highway construction scale and the relevant provisions in the bill of quantities provided by the owners for review, based on the re-calculated by the Ministry of construction of the project's total price of the actual construction market, the project department itself construction management fees and the respective teams, sub-contractors (contracting team) Quantity machines and other costs combined. And project implementation to the market price compared to the total price, after deducting taxes and other related administrative expenses, the surplus reached more scientific indicators. In fact, most units are unable to provide a written specification construction budget, mostly without sufficient evidence to prove Earnings true and accurate. The so-called surplus target is generally measured through the engineering department, after a certain percentage of management fees in the extract after the result of external subcontractors. This is actually the traditional planned economy under the concept of extensive practice can not meet the current market and economic activities in the cost management needs. The management of this practice there is a big flaw, it is highly possible settlement artificially high, resulting in flat operating results of the outflow phenomenon. Links to Research Papers Download http://www.hi138.com