The study on the impact of informatization management in engineering cost on corporate cost control
DOI:
https://doi.org/10.70767/jmbe.v1i3.424Abstract
With the rapid development of the global economy and intensified market competition, informatization management in engineering cost plays an increasingly important role in corporate cost control. This paper aims to explore the impact of informatization management on corporate cost control by analyzing its theoretical foundations, development process, and main technologies and tools, and to clarify how informatization management improves the efficiency and effectiveness of cost control. The study shows that informatization management, through real-time data updates, dynamic monitoring, and cross-departmental collaboration, can significantly enhance the transparency and scientific nature of project management, providing strong support for enterprises to maintain a competitive advantage in a fiercely competitive market environment. Enterprises based on informatization management demonstrate greater flexibility and accuracy in cost forecasting, budgeting, and monitoring and evaluation, laying a solid foundation for achieving sustainable development.
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