Outline:
- Clarify distinctions between EPC and AEC
- State EPC Challenges
- Review EPC Principal Functions
- CAD Evolution in the past quarter century
- Case Study of an EPC “Mega-Project”
- Opportunities
- Q&A
"Engineering, Procurement, and Construction" (E P C) is a particular form of contracting arrangement used in some industries where the E P C Contractor is made responsible for all the activities from design, procurement, construction, to commissioning and handover of the project to the End-User or Owner.
"Engineering, Procurement, and Construction Management" (EPCM) is a special form of contracting arrangement. In an EPCM arrangement, the client selects a contractor who provides "management services" for the whole project on behalf of the client.
The EPCM contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. The EPCM contractor may or may not undertake actual site work.
Download also:
- Project Procurement Management
- Contract Management in Procurement
- FIDIC Procurement Procedures Guide
- The 6 stages of the procurement process
- Procurement Management Plan Template
- Procurement Strategy and Contract Selection
- Procurement Schedule Template-Free Download
- Project Manager's Role in Procurement Management | PMP Certification
Difference between EPC and EPCM are clarified by the following statement by Jonathan Hosie in the cited paper:
The acronym ‘EPCM’ is also encountered frequently on international projects, but this is very different from EPC. EPCM is a services-only contract, under which the contractor performs engineering, procurement, and construction management services.
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