According to different research Angle, the engineering cost are two different kinds of understanding: the first kind of meaning: the project cost is refers to the construction of a project anticipated or actual spending the entire cost of the investment in fixed assets. Of the definition of the meaning from the perspective of investors, including from the project evaluation decision-making, design, bidding, until the completion inspection and acceptance of a series of the costs of the investment management activities. The second meaning: the project cost is refers to the engineering price, which built a project or actual market in land market, equipment, technology, labor market and trading activities such as contracting market in the form of construction and installation engineering price and total price for construction project, can also be understood as a construction project contracting price.
This article refers to the project cost, according to the second meaning understanding, namely the price of construction project contracting, more narrowly speaking, the engineering cost here refers to project completion after the price of the owner shall pay to the contractor.