Implementing pre-project planning in construction can significantly improve the outcome of capital projects by highlighting and addressing potential risks.
Constructability in turnkey projects is the idea of optimally and strategically utilizing construction knowledge and experience in earlier project phases.
Avoid cost overruns and ensure successful project execution by implementing these best practices for capital project cost estimates.
A procurement management plan sets the framework for procurement of all items needed to execute a capital project.
Learn how to streamline the capital project development process and avoid cost and schedule overruns through the right construction contract.
Procurement management in construction is a strategic approach to securing all necessary materials and equipment required for construction.
Capital project cost management is important for preventing cost overruns and keeping projects on budget. These strategies can ensure successful execution.
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.
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.