Strengthening the foundation of cost control and empowering refined project management — Shenglong Shares conducts the second session of its “Centralized Internal Control Knowledge Training”

Release date:

2025-05-29

To deepen the construction of the internal control system and translate institutional strengths into governance effectiveness, Shenglong Co., Ltd. successfully held the second session of its “Centralized Training on Internal Control Knowledge” on the afternoon of May 29. The training was led by Tian Lian, Deputy Manager of the Corporate Management Department at Shenglong Co., Ltd., with a focus on cost management throughout the entire lifecycle of engineering projects. A thorough interpretation was provided of the company’s “Administrative Measures for Cost Management Throughout the Entire Lifecycle of Engineering Projects,” and employees from all departments actively participated.

During the training, Tian Lian’an drew on the company’s actual business operations to deliver a systematic presentation from three perspectives: establishing the institutional framework, identifying key control points, and analyzing practical procedures. He placed particular emphasis on clarifying the aspects related to engineering projects. The criteria for defining the “key regulatory scope” are meticulously elaborated, outlining comprehensive control requirements across the entire project lifecycle—including budget review, preparation of tender control prices, approval of change orders, and management of final account settlements. In addition, by drawing on numerous real-world case studies, the document systematically dissects common cost‑control risk factors that arise during project implementation, with particular emphasis on operational guidelines for critical processes such as the design‑change approval procedure.

This training session yielded remarkable results, equipping employees with a deeper and more systematic understanding of the entire project cost-management process and its key risk points. The content not only strengthened their theoretical foundation but also provided practical operational guidelines, laying a solid groundwork for the standardized management of project costs going forward. Moving ahead, Shenglong Co., Ltd. will continue to advance specialized internal-control training, fully ensuring the effective implementation of relevant policies and procedures, thereby safeguarding the company’s high-quality development. (Text: Zhang Xiaowei; Photos: Meng Ziyue)