Research on Countermeasures for Investment Estimate Precision of Power Distribution Grid Project in Inner Mongolia

Abstract

Given the characteristics of power distribution grid project including the huge amount of investment, long construction period, long investment payback period and so on, the precision of investment estimate has a tremendous influence on decision making, economic effect and cost control in each stage. By way of introducing the current situation of investment estimate of power distribution grid project, and analyzing the key factors affecting the investment estimate precision including investment decision-making and management, project design plans, risk and the investment estimate preparation, this paper puts forward improvement strategies aiming at influencing factors in order to promote the rapid development of power distribution grid project in Inner Mongolia.