| Author | Ngo Thu Giang |
| Call Number | AIT RSPR no. SM-01-86 |
| Subject(s) | Construction industry--Vietnam--Hanoi--Cost effectiveness
|
| Note | A research study submitted in partial fulfillment of the requirements for the
degree of Master of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Abstract | The construction industry is an important sector for economic growth of all countries. In
Vietnam, the construction industry has contributed 5 to 7 percent to the Gross National
Product. According to the "opening" of the Vietnam economy, as other industry, the
construction industry has developed with the rapid appearance of the foreign competitors. The
domestic construction companies suffer the fiercely competitive environment with the lacking
of advance technologies, managerial Site capability and funding sources.
In attempts to solve these problems, the most important thing that the construction should
concern is finding a framework to understand clearly about the company operation, get better
or more accurate information in order to make right decisions and adapt quickly with the
environment changing. However, with a very big structure, large and high complexity
projects, it is very difficult for the manager of construction firm to understand and get
accurate information about the firm's operation. Hence, the research used Activity based
Costing (ABC) as a tool to investigate cost behavior of projects' execution, find the linkages
between these cost behaviors with the strategic management of the construction company.
The research is carried out in the SD-Nol Building Company of the SONODA Corporation,
in Hanoi, Vietnam.
Basing on the result from ABC application, the research found out a significant difference
between using the traditional costing method and ABC that can leads to company to make the
wrong product decisions if it is still using the traditional costing method. The analysis also
obtained a chain of activities executed in the organization and how these activities contributed
or costed to the operation result of the company. Given above analysis, some
recommendations are suggested to improve the current operation of the SONODA
Corporation and SD-Nol Company in Building business. |
| Year | 2001 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Ramachandran, N. |
| Examination Committee(s) | Quang, Truong; Deussen, Arne |
| Scholarship Donor(s) | The Government of Switzerland/
Swiss Development Cooperation (SA V) |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2001 |