At present, being in a rapid stage of development, China Railway Construction requires substantial capital, which makes cost overrun received people's more attentions. In the paper, the factors affecting cost control in railway construction project are analyzed, a conclusion is obtained that effective cost control is not only from the micro-level in whole process of railway construction project, but also from the macro-level (institution) and meso-level (governance). A model of cost control from macro-meso-micro level of railway construction project is established.
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