These design-build best practices can help you streamline your capital project by ensuring clear communication and a detailed project scope.
Common capital project challenges include front-end planning; change, budget, and schedule management; safety; alignment; and contractor performance.
Learn about the design-build contract responsibilities of project owners and contractors that ensure faster project delivery and potential cost savings.
Determine when to use a design-build approach to ensure successful capital project outcomes while maintaining quality, budget, and schedule.
Avoid cost overruns and ensure successful project execution by implementing these best practices for capital project cost estimates.
EPC project types, including EPCM, can be beneficial to capital project owners based on schedule and budget constraints as well as contractor capability.
An assessment of internal capabilities and resources will help capital project owners choose between EPC vs. EPCM project delivery.
Implementing project controls and risk management strategies can help ensure the success of capital projects by keeping them on schedule and within budget.
Obtaining a strong scope definition through best practices and scope definition techniques can help highlight the critical path and drive project success.
EPC project cost breakdowns in front-end planning enable contractors to estimate capital project costs and ultimately provide a highly accurate estimate.
Implementing capital project management best practices is critical for success for projects of all sizes and can reduce the likelihood of project overruns.
Design-Bid-Build is the standard delivery method for construction management, but EPC methods streamline the capital project life cycle.
Proper utilization of capital project controls can reduce schedule variances and cost overruns. Here are some key elements of project controls.
There are many questions to answer when asking how to select an EPC contractor. Focusing on quality control, integration, and these other tips will help.