Dynamic Cost Management Throughout the Entire Process of Power Transmission and Transformation Projects Based on System Dynamics

Abstract

With the advancement of the “dual carbon” goals, power transmission and transformation projects face complex challenges arising from the construction of new power systems. Traditional cost management models struggle to meet dynamic management demands, necessitating the establishment of analytical methods that systematically reflect the relationship between cost management levels and cost dynamics. This paper introduces system dynamics theory and methodology to construct a cost management model applicable to all phases of transmission and transformation projects. It aims to deeply analyze the relationship between project cost levels and expenses from the perspectives of system structure, feedback mechanisms, and dynamic behavior. Research indicates that pathways such as controlling cost deviations and optimizing resource allocation significantly impact total project costs. Specifically, enhancing design accuracy can effectively mitigate cost shocks caused by carbon price fluctuations, while timely implementation of cost control measures can significantly improve cost management levels. The system dynamics approach effectively reveals the dynamic interaction mechanism between cost management levels and costs in power transmission and transformation projects, providing theoretical foundations and methodological support for enhancing project cost control efficiency.