Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)

Research on Cost Management of Civil Aviation Product R&D Projects

Authors
Miaozai Zhu1, *
1Commercial Aircraft Corporation of China Ltd, Shanghai, 200126, China
*Corresponding author. Email: 18019190981@163.com
Corresponding Author
Miaozai Zhu
Available Online 2 September 2024.
DOI
10.2991/978-94-6463-506-5_28How to use a DOI?
Keywords
Aviation new product projects; project cost management; cost control; civil aircraft projects
Abstract

Project cost management, as an integral component of project management, serves as a guarantee for the successful implementation of projects. However, for research-oriented institutions with relatively lagging management capabilities, enhancing the level of cost management in their product development projects becomes even more imperative. This paper combines theoretical research with case implementation to analyze how a research-oriented institution within a specific system optimizes cost management strategies and selects cost management methods during the implementation of aerospace new product development projects. It further conducts a simulation study using the cost management strategies and methods proposed in this paper, based on a completed project cost management case. The results show that there are various cost estimation methods, cost budgeting methods, and cost control methods available for different projects and business scenarios. It is essential for research-oriented institutions to choose cost management methods that are suitable for their specific projects based on their actual circumstances. This helps improve the overall level and efficiency of project cost management, while also enhancing the value of the projects. Research institutes must further optimize their cost management system and establish modern and standardized cost management processes.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
2 September 2024
ISBN
978-94-6463-506-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-506-5_28How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Miaozai Zhu
PY  - 2024
DA  - 2024/09/02
TI  - Research on Cost Management of Civil Aviation Product R&D Projects
BT  - Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)
PB  - Atlantis Press
SP  - 244
EP  - 251
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-506-5_28
DO  - 10.2991/978-94-6463-506-5_28
ID  - Zhu2024
ER  -