Studying the theory and practice problems about the reform of cost management system，the development policy， the mechanism of market admittance and the regulation of market behavior for engineering cost industry， and submitting the related suggestion to the government；
　　Probing into the approach to rise the efficiency for public and private investment， to forecast and control the engineering cost， and to promote the application and popularization of modern management technique；
　　Advancing the self-discipline of professional management， to constitute and carry out professional norms；
　　Authorized by MOC， processing the conformity assessment on faculty of the consultant agencies and professional and conducting relevant examination and registration for cost engineers；
　　Organizing the business exchanging of engineering cost industry， to conduct the professional education and training；
　　Intercommunicating with international organization and foreign professional institute and holding the international seminar， to undertake the service of international exchange and cooperation；
　　Establishing the network system of information service， editing and publishing journal and reference， disseminating the advanced experiences；
　　Instructing the work of professional committee and supervising the operation of local branch.