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.
Managing quality risks in construction is critical for capital project success. Improper management can lead to rework, overruns, or project shutdown.
Obtaining a strong scope definition through best practices and scope definition techniques can help highlight the critical path and drive project success.
Implementing capital project management best practices is critical for success for projects of all sizes and can reduce the likelihood of project overruns.
Applying best practices along with EPC methods for change management in construction can help minimize project overruns. Here’s what you need to know.
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.
Finding a contractor for a successful capital project includes many factors, such as how they handle HSE risk management.
Poor planning and underdeveloped scope development can cause costly project timeline delays. Here are some ways to mitigate schedule risk in project management.
The capital project stage gate process helps maintain ROI by providing early and detailed execution plans to help mitigate schedule and financial risks.
For capital project success, contractors should use EPC project risk management for schedule, cost, quality, safety, and environmental concerns.
Capital project overruns can be due to poor scope definition, inadequate communication, and design errors, among other factors. Here’s how to prevent them.
Leveraging EPC for capital projects can significantly reduce project risk and provide superior project delivery certainty regarding cost and schedule.
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