When developing construction risk profiles, there are several important risk factors to consider, including schedule, location, and safety concerns.
Learn how a well-defined EPC contract scope of work drives a project’s execution and ensures a successful outcome when developed by the right contractor.
Effective change management in EPC projects begins with a proper scope definition, a strong Project Execution Plan, and a detailed project schedule.
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.
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