Emergency projects usually have the characteristics of tight construction period and heavy tasks,and the project quantity and contract price are difficult to determine,so it is difficult to meet the actual needs of the site by using the traditional unit price contract or total price contract mode.Taking an emergency project as an example,this paper studies the adaptability of cost-plus contract and emergency project,and analyzes the key links of cost control in detail by means of cost realism.The key and difficult point of this project is to accurately check the project cost,so as to achieve the goal of investment control.By measuring the target cost,the key link of cost control is the purchase of main materials and equipment,and the leasing of machinery and equipment.Through the realistic method of cost,this paper analyzes and studies the influencing factors of cost composition,focusing on the influence of VAT rate,effective resource input and leasing market on project cost.The results show that the practical application effect and the overall effect of investment control of cost-plus contract are satisfactory,which can provide reference for the cost control of emergency projects in the future.