Proceedings of the 2024 7th International Conference on Civil Architecture, Hydropower and Engineering Management (CAHEM 2024)

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Research on the Influencing Factors of Cost Management of EPC Old Neighborhood Renovation Project Based on DEMATEL-AISM Approach

Authors
Xue Xue1, *, Dongmei Feng1
1School of Business Administration, Liaoning Technical University, Huludao, China
*Corresponding author. Email: 1037380210@qq.com
Corresponding Author
Xue Xue
Available Online 31 January 2025.
DOI
10.2991/978-94-6463-650-5_45How to use a DOI?
Keywords
renovation of old neighborhoods; cost management; EPC model; DEMATEL-AISM
Abstract

At present, China is actively promoting the old neighborhood renovation project, and the introduction of EPC mode has significantly improved the efficiency of project execution. However, general contractors face higher risks under this model, so it is particularly important to strengthen project cost management. Based on the synthesis of existing academic results and the com-bination of questionnaire surveys and expert interviews, this study systematically identifies 16 key factors affecting the cost management of old neighbor-hood renovation projects under the EPC model. Through the DEMATEL-AISM method, the paths of these factors in cost management are visually revealed, and the interactions and logical relationships among the fac-tors are deeply analyzed. Based on this, this study puts forward suggestions such as improving the cost management mechanism, strictly controlling engineering changes, and strengthening communication, aiming to provide scientific references for general contractors in order to optimize the allocation of re-sources and improve the economic efficiency of the project.

Copyright
© 2025 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 7th International Conference on Civil Architecture, Hydropower and Engineering Management (CAHEM 2024)
Series
Advances in Engineering Research
Publication Date
31 January 2025
ISBN
978-94-6463-650-5
ISSN
2352-5401
DOI
10.2991/978-94-6463-650-5_45How to use a DOI?
Copyright
© 2025 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

risenwbib
TY  - CONF
AU  - Xue Xue
AU  - Dongmei Feng
PY  - 2025
DA  - 2025/01/31
TI  - Research on the Influencing Factors of Cost Management of EPC Old Neighborhood Renovation Project Based on DEMATEL-AISM Approach
BT  - Proceedings of the 2024 7th International Conference on Civil Architecture, Hydropower and Engineering Management (CAHEM 2024)
PB  - Atlantis Press
SP  - 458
EP  - 467
SN  - 2352-5401
UR  - https://doi.org/10.2991/978-94-6463-650-5_45
DO  - 10.2991/978-94-6463-650-5_45
ID  - Xue2025
ER  -