cost of completed work

简明释义

完工工程成本

英英释义

The total expenses incurred for the labor, materials, and overhead associated with work that has been finished or completed.

与已完成工作相关的劳动力、材料和管理费用的总支出。

例句

1.The cost of completed work will be reviewed during the final audit of the project.

在项目的最终审计中,将审查已完成工作的成本

2.The contractor submitted an invoice detailing the cost of completed work for the renovation project.

承包商提交了一份详细说明翻修项目的已完成工作的成本的发票。

3.The project manager reported that the cost of completed work exceeded the budget by 10%.

项目经理报告称,已完成工作的成本超出了预算的10%。

4.To assess the project's financial health, we analyzed the cost of completed work over the last quarter.

为了评估项目的财务健康状况,我们分析了过去一个季度的已完成工作的成本

5.Before releasing payment, we need to verify the cost of completed work against the original estimate.

在支付之前,我们需要将已完成工作的成本与原始估算进行核对。

作文

In the world of project management and construction, understanding the cost of completed work is crucial for both financial planning and project evaluation. The cost of completed work refers to the total expenses incurred on a project that has been finished. This includes all direct costs such as labor, materials, and equipment, as well as indirect costs like overhead and administrative expenses. Accurately calculating this cost helps stakeholders determine whether a project was completed within budget and if it achieved its intended goals.For instance, consider a construction project where a contractor is building a new office complex. Throughout the project, various expenses are incurred, including wages paid to workers, costs of raw materials like concrete and steel, and rental fees for machinery. Once the project is completed, the contractor will need to summarize these expenses to find the cost of completed work. This figure is essential for several reasons.Firstly, it allows the contractor to assess profitability. By comparing the cost of completed work against the revenue generated from the project, the contractor can determine if the project was financially successful. If the costs exceed the revenue, it may indicate poor planning or unexpected challenges during construction.Secondly, understanding the cost of completed work is vital for future project bids. Contractors often rely on historical data to estimate costs for similar projects. By accurately tracking the cost of completed work from previous projects, they can provide more competitive bids and avoid underbidding, which can lead to financial losses.Moreover, the cost of completed work plays a significant role in project reporting and accountability. Investors and stakeholders expect transparency regarding how funds are allocated and spent. A detailed breakdown of the cost of completed work not only builds trust but also aids in identifying areas for improvement in future projects.In addition to financial implications, the cost of completed work can also impact project timelines. If a project is completed ahead of schedule, the cost of completed work may be lower than anticipated due to reduced labor costs. Conversely, if delays occur, additional costs may arise, leading to a higher cost of completed work. Understanding these dynamics allows project managers to make informed decisions about resource allocation and scheduling.Furthermore, the cost of completed work is essential in assessing the overall success of a project. It provides insights into the efficiency of resource utilization and can highlight potential areas for improvement. For example, if the cost of completed work is significantly higher than industry standards, it may indicate inefficiencies in processes or the need for better project management practices.In conclusion, the cost of completed work is a fundamental concept in project management that encompasses all expenses related to a completed project. Its importance cannot be overstated, as it influences profitability, bidding strategies, accountability, and overall project success. By thoroughly understanding and accurately calculating the cost of completed work, contractors and project managers can enhance their decision-making processes, ultimately leading to more successful projects in the future.

在项目管理和建筑领域,理解已完成工作的成本对于财务规划和项目评估至关重要。已完成工作的成本是指在一个项目完成后所发生的总费用。这包括所有直接成本,如劳动力、材料和设备,以及间接成本,如管理费用和行政支出。准确计算这一成本有助于利益相关者确定项目是否在预算内完成,并且是否达到了预期目标。例如,考虑一个建筑项目,其中承包商正在建造一座新的办公大楼。在整个项目过程中,会产生各种费用,包括支付给工人的工资、混凝土和钢铁等原材料的费用,以及机械租赁费。一旦项目完成,承包商需要汇总这些费用,以找出已完成工作的成本。这个数字对于几个原因至关重要。首先,它使承包商能够评估盈利能力。通过将已完成工作的成本与项目产生的收入进行比较,承包商可以确定该项目是否在财务上成功。如果成本超过收入,则可能表明规划不当或施工过程中遇到意外挑战。其次,理解已完成工作的成本对于未来项目的投标至关重要。承包商通常依赖历史数据来估算类似项目的成本。通过准确跟踪以前项目的已完成工作的成本,他们可以提供更具竞争力的投标,避免低报价格,这可能导致财务损失。此外,已完成工作的成本在项目报告和问责制中也起着重要作用。投资者和利益相关者期待有关资金的分配和支出的透明度。对已完成工作的成本的详细分解不仅建立了信任,还帮助识别未来项目改进的领域。除了财务影响,已完成工作的成本还可能影响项目时间表。如果项目提前完成,已完成工作的成本可能低于预期,因为劳动力成本减少。相反,如果发生延误,可能会产生额外成本,从而导致更高的已完成工作的成本。理解这些动态使项目经理能够就资源分配和调度做出明智的决定。此外,已完成工作的成本对于评估项目的整体成功至关重要。它提供了有关资源利用效率的见解,并可以突出潜在的改进领域。例如,如果已完成工作的成本远高于行业标准,可能表明流程中的低效或需要更好的项目管理实践。总之,已完成工作的成本是项目管理中的一个基本概念,涵盖与完成项目相关的所有费用。其重要性不容小觑,因为它影响盈利能力、投标策略、问责制和整体项目成功。通过彻底理解和准确计算已完成工作的成本,承包商和项目经理可以增强决策过程,最终在未来实现更成功的项目。

相关单词

completed

completed详解:怎么读、什么意思、用法