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Journal articles on the topic 'Engineering-Procurement-Construction (EPC)'
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1
Nur Sholeh, Moh, and Shifa Fauziyah. "Current state mapping of the supply chain in engineering procurement construction (EPC) project: a case study." MATEC Web of Conferences 195 (2018): 06015. http://dx.doi.org/10.1051/matecconf/201819506015.
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Engineering Procurement Construction (EPC) is a construction model that integrated the work between engineering, procurement, and construction. The EPC project is usually applied in petroleum work. One of the important aspects of success key in this project is the supply chain management (SCM). The high level of complexity of work as well as the integration of the construction phase needs to be mapped how the supply chain in this project. This paper used Value Stream Mapping (VSM) method to explain the procurement processes for easier understanding and problem identification. It is illustrated in the procurement process behaviour within a specific period from the total production time. This paper describes a case study performed on EPC 1 Banyu Urip Project. VSM presented real-time data to deliver the processes, material, and any other constraint relevant to the procurement process on EPC projects. Based on a case study on pipe material, the procurement process from upstream to downstream took 21 weeks. It was a waste of time to look for solutions. The recommended solutions use the local vendors, involve suppliers early and provide input into engineering designs, and good communication between supply chain participants.
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Dr. Naaz Gorowara, Sachin Mittal,. "Knowledge Integration in Engineering, Procurement and Construction Projects: A Conceptual Study." Psychology and Education Journal 58, no. 1 (January 20, 2021): 5733–38. http://dx.doi.org/10.17762/pae.v58i1.2209.
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EPC is a contractual arrangement in which the responsibility related to engineering services, procurement of raw materials, and construction lie with the contractor. Solar plants, infrastructure projects are some of the examples of EPC projects. With the need of rapid infrastructural development in developing countries like India needs scientific and better management strategies for the EPC projects.EPC projects are diverse requiring proper integration of knowledge of different fields of management and engineering.It is an accepted fact that when any term is understood conceptually it lasts long and is easier to integrate with other concepts.The workforce involved in the projects can share their knowledge with future projects which would lead to better knowledge integration. The problems of the EPC projects is unique therefore knowledge integration and better management strategies will go a long way in enhancing the efficiency of EPC projects. Thefocus of the paper is to identify the nature of EPC projects and understand conceptually the management strategies which can be used in the EPC projects for increasing the performance.The study is important for developing countries like India where EPC projects are gaining increased popularity.
Keywords: EPC Projects, Management Strategies, knowledge integration.
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Wang, Qing’e, and Jing Wang. "Research on Key Risk Factors and Risk Transmission Path of Procurement in International Engineering Procurement Construction Project." Buildings 12, no. 5 (April 22, 2022): 534. http://dx.doi.org/10.3390/buildings12050534.
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As the core link of Engineering Procurement Construction (EPC) projects, procurement involves a huge amount of money and has a wide range of influence. Once the procurement risks of EPC projects occur, it is easy to cause a domino effect, which can have a huge impact on the cost, schedule and quality of the construction project. Therefore, this paper took international EPC projects as the research object, identifying 25 risk factors related to procurement through case analysis, literature analysis and expert interviews. Integrated Interpretative Structural Modelling (ISM) and Cross-Impact Matrix Multiplication Applied to Classification (MICMAC) method was used to establish the interrelationships between risk factors. Based on the results, procurement risk transmission paths for international EPC projects are developed, and key risk factors are found. Moreover, corresponding risk management suggestions are put forward. The research results impel contractors of the international EPC projects to pay close attention to the key risk factors in the project procurement process. After recognizing the risk transfer path, contractors can take measures to avoid risk to reduce the possibility of project failure as soon as possible. This research can provide support for managing procurement risk in the international EPC project.
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Hong Pham, Linh, and Harimurti Hadikusumo. "Schedule delays in engineering, procurement, and construction petrochemical projects in Vietnam." International Journal of Energy Sector Management 8, no. 1 (April 1, 2014): 3–26. http://dx.doi.org/10.1108/ijesm-06-2013-0009.
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Purpose – Petrochemical projects play a very important role in the economic development of Vietnam. For the past ten years, many large-scale petrochemical plants have been developed using the engineering, procurement and construction (EPC) project delivery system for completing the project faster. However, many projects have suffered from schedule delays. In order to solve the delay problem, a clear understanding of the EPC business model and its delays problems are studied in this research. A qualitative research method by using case study on selected EPC projects was adopted. This paper aims to define the current business models used in the Vietnamese petrochemical industry and explores the root cause of delays. Design/methodology/approach – The research methodology used in this study is multiple case studies by purposive sampling on EPC projects. This is chosen due to the limited number of EPC projects in petrochemical in Vietnam and to obtain schedule delay factors from both delayed and on-time projects. In this purposive sampling, the researcher decided on what needs to know and sets out to find the people who can and are willing to share their information. From each project, project manager and project engineer were interviewed to understand the delay factors in their EPC projects. Data from the interview were analyzed by using “pattern coding” described by Miles and Huberman. Then, cross-case analysis was used to identify the common and unique factors occurring in each case. By comparing the three cases, the authors can identify the delay factors in EPC petrochemical in Vietnam. Findings – By interviewing the management level officers in three cases and performing exploratory work on the secondary data, it was observed that the local and foreign contractors of EPC projects in Vietnam have generally similar business process. Then, the codes were grounded based on the EPC business process, and subjected to the cross-case analysis. The root cause of problems in each phase was provided. Originality/value – The paper fulfills an identified root cause of EPC projects in Vietnam.
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Mariyati, Dwi. "Prinsip Hukum Dalam Penyusunan dan Pelaksanaan Kontrak Engineering Procurement Construction (Kontrak "EPC")." Yuridika 33, no. 2 (May 1, 2018): 188. http://dx.doi.org/10.20473/ydk.v33i2.7412.
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The EPC Contract is the form of contract that is currently used by the contractors to take over construction work. The EPC Contract having three activities, the engineering design , procurement and construction execution, that are integrated. For the activity EPC Contract is the Single Contractor must be responsible for the design of jobs and accuracy, and requirement of the owner project, until construction. This contract type commonly have a high risk, the finals price, and the accuracy of the period for implementation. Characteristic of EPC Contract is industry building activities that are proces plant and industry plant. The purpose of which are going to achieved in EPC Contract to preset specifications to fulfill the requirements specified in terms of the time, the quality and expenses.The main issues in this legal research are the legal principle that is used in the preparation of EPC Contract and the principle of law in the implementation of EPC Contract in Indonesia. The type of research is the normative study and the approach of this research having four methods approach among others are statute approach, conceptual approach, cases approach, and comparative approach.The result of this research there are four the most important among others are the first is legislation, the second is the implementation of regulation, the third is EPC institution procurement and fourth is the form of EPC Contract.
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Bu, Nayan. "Analysing the Key Points for Cost Control of EPC Model Hospital Construction Project." World Construction 5, no. 1 (August 22, 2016): 41. http://dx.doi.org/10.18686/wc.v5i1.71.
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<p>As the EPC (Engineering Procurement Construction) model became one of the widely used models in the areas of local and international construction, project management based on the EPC highlights its importance. EPC project commonly refers to the four stages of the project implementation process which are design, procurement, construction and delivery to a construction enterprise for integrated management.The advantage is that it can unleash the leading role of the design by overall optimization in the implementation of the project to realize reasonable cross and full coordination in the various stages of design, procurement and construction, achieving savings in investments as desired by the owners, shorten the construction period, improve the quality and other targets.</p>
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SHEN, Wenxin, Wenzhe TANG, Wenyang YU, Colin F. DUFFIELD, Felix Kin Peng HUI, Yongping WEI, and Jun FANG. "Causes of contractors’ claims in international engineering-procurement-construction projects." JOURNAL OF CIVIL ENGINEERING AND MANAGEMENT 23, no. 6 (June 22, 2017): 727–39. http://dx.doi.org/10.3846/13923730.2017.1281839.
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Engineering-Procurement-Construction (EPC) method has increasingly been applied in international markets. In this research, the causes of contractors’ claims in international EPC projects are modeled and empirically tested with industry survey, structural equation modeling and case studies from the perspective of Chinese contractors. The established model outlines the causes of contractors’ claims as: external risk (sociopolitical risks, economic risks, and natural hazards), clients’ organizational behavior (untimely payment, change orders, and inefficient processing), and project definition in contract (unclear scope of works, and unclear technical specification). The structural equation modelling validates that these causes have direct influences on claim respectively. Besides, clients’ organizational behavior acts as a partial mediation between external risk and claim, demonstrating that external risk can also exert influence on claim through affecting clients’ organizational behavior. Seven case studies further confirmed and interpreted the substantive meaning of these relationships. This study establishes interdisciplinary linkages among knowledge areas of contracting, risk management, organizational behavior, and international EPC project delivery, which has important primary contributions in both theory and practice. Understanding how the fundamental factors interactively lead to claims can help contracting parties to develop effective claim strategies, proactively mitigate project risks, and ultimately improve EPC project performance.
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Kim, Myung-Hun, and Eul-Bum Lee. "A Forecast Model for the Level of Engineering Maturity Impact on Contractor’s Procurement and Construction Costs for Offshore EPC Megaprojects." Energies 12, no. 12 (June 16, 2019): 2295. http://dx.doi.org/10.3390/en12122295.
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This paper focuses on the influence of detailed engineering maturities on offshore engineering, procurement, and construction (EPC) project procurement and construction cost performance. The authors propose a detailed engineering completion rating index system (DECRIS) to estimate the engineering maturities, from contract award to beginning of construction or steel cutting. The DECRIS is supplemented in this study with an artificial neural network methodology (ANN) to forecast procurement and construction cost performances. The study shows that R2 and mean error values using ANN functions are 20.2% higher and 19.7% lower, respectively, than cost performance estimations using linear regressions. The DECRIS cutoff score at each gate and DECRIS forecasting performance of total cost impact were validated through the results of fifteen historical offshore EPC South Korean mega-projects, which contain over 300 procurement cost performance data points in total. Finally, based on the DECRIS and ANN findings and a trade-off optimization using a Monte-Carlo simulation with a genetic algorithm, the authors propose a cost mitigation plan for potential project risks based on optimizing the engineering resources. This research aids both owners and EPC contractors to mitigate cost overrun risks, which could be continuously monitored at the key engineering gates, and engineering resources could be adjusted per optimization results.
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Nguyen, Huong Thanh, and Bonaventura Hadikusumo. "Impacts of human resource development on engineering, procurement, and construction project success." Built Environment Project and Asset Management 7, no. 1 (February 6, 2017): 73–85. http://dx.doi.org/10.1108/bepam-04-2016-0010.
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Purpose The purpose of this paper is to identify the impact of human resource development (HRD) on engineering, procurement and construction (EPC) project success (PS), human resource competency (HRC), job performance (JP), and the interrelationship among them. This paper also investigates the impact of EPC project factors (PF) on PS, the factors affecting HRD, including internal factors (IF) and external factors (EF) during EPC project implementation. Design/methodology/approach Structural equation modeling (SEM), SPSS, and AMOS software were used to test nine proposed hypotheses. The respondents comprised 800 participants involved in EPC projects throughout Vietnam. Findings The results show that HRD positively affects HRC, JP, and PS. HRD is influenced by IF but not influenced by EF. HRC positively impacts on JP and PS, while PF directly impacts on PS. Originality/value The study indicates that the development of competent human resources for EPC project implementation plays a considerable role in EPC PS. The findings also give project professionals a tool for improving HRD, and HRC to increase the likelihood of PS.
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Tao, Yuan. "Analysis on Engineering Risk Management of International EPC Project." BCP Business & Management 24 (August 10, 2022): 218–25. http://dx.doi.org/10.54691/bcpbm.v24i.1485.
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At present, China attaches great importance to international engineering, among which EPC general contracting mode is one of the most commonly used modes in international engineering projects. Improve the risk management ability of international EPC project is the key factor to evaluate the perfoemance of international EPC project. In order to improve the research level of international EPC project risk management and the collaboration between different countries, this paper analyzes and collates the literatures on CNKI database, Web of Science database and SCI database. Based on the development of EPC in China, this paper finds out the characteristics of EPC international engineering risk management, and divides the risks of inernational EPC construction projects into four aspects: engineering risk, procurement risk, construction risk and other risks. Finally, solutions are provided for these four risks. Furthermore, this paper provides a theoretical basis for the future development of international EPC projects in China.
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Nikjow, Mohammad Ajmal, Li Liang, Xijing Qi, Samad M. E. Sepasgozar, and Nicholas Chileshe. "Triggers of Delays in International Projects Using Engineering Procurement and Construction Delivery Methods in the Belt and Road Initiative: Case Study of a High-Speed Railway Projects." Sustainability 13, no. 17 (August 24, 2021): 9503. http://dx.doi.org/10.3390/su13179503.
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Since the Belt and Road Initiative (BRI) has been put in practice by the Chinese government, several High-Speed Railways (HSR) have been built by Chinese Engineering Procurement and Construction (EPC) firms. However, many delays have created severe detrimental consequences on the progress of most HSR projects. This study sought to explore the essence of the recurring triggers of delays in international EPC HSR projects under the BRI, and a structured questionnaire survey approach was applied to compile the first-hand dataset from Chinese EPC firms working for BRI infrastructure projects. The data were evaluated, and the Relative Importance Index (RII) was adopted to assess the magnitude of the important delay triggers. The findings suggest that HSR projects are still susceptible to unavoidable delays in global construction infrastructure projects. In the engineering phase, improper management of the design, unsustainable land acquisition, and insufficient use of EPC joint venture are the salient trigger of delays. In the procurement phase, the leading causes of unsuitable procurement, undervalued procurement cost, inefficient logistics in labor and materials, improper planning, unqualified site supervisors, inefficient technical standard management, and inefficient constant payment terms are likely to trigger delays in the construction phase HSR projects. Five critical groups of delay factors are identified by this study, which has an essential primary contribution to the body of knowledge and is helpful to EPC contractors working for HSR projects under BRI.
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Li, Lin. "ANALYSIS ON INFLUENCING FACTOR OF COST CONTROL OF EPC PROJECT BASED ON THE DEMATEL-ISM." Stavební obzor - Civil Engineering Journal 31, no. 1 (April 30, 2022): 66–84. http://dx.doi.org/10.14311/cej.2022.01.0006.
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The paper selects the influencing factors of EPC project’s cost control，analyzes and constructs the model of EPC project’s cost control from the point of view of system engineering，and utilizes the integrating DEMATEL—ISM method to study the relationships between the influencing factors and their impacts on cost control. And it gets the multilevel structure model of the influencing factors of EPC project’s cost control. The results show that project construction management level, procurement system, procurement process and standards project content acceptance and project settlement basis are the direct impacting factors of EPC project’s cost control. The study provides a reference of EPC project’s enterprises to improve project management level，effectively control project cost and achieve project management objectives.
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Rimadini, Hana, Mohammad Ichsan, and Leni Sagita Riantini. "Developing Material Procurement Strategy to Improve Project Performance in Engineering, Procurement and Construction Onshore Pipeline Project in Indonesia: A Conceptual Study." Journal of Computational and Theoretical Nanoscience 17, no. 2 (February 1, 2020): 1106–12. http://dx.doi.org/10.1166/jctn.2020.8774.
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Onshore Gas pipeline project is one of infrastructure modes aiming to deliver natural gas resulting from its source to fulfilling purpose supply to industries, households as well as transportations. Some gas pipeline infrastructures in Indonesia experience delays due to ineffective procurement strategy during the projects. In most Engineering, Procurement and Construction (EPC) projects, the procurement process lies on the projects critical path and therefore it is essential to set up the process using the approach of strategic procurement. Setting the right strategy shall affect the efficiency of procurement process hence will bring positive influence to project schedule performance. Company A is one of Engineering, Procurement and Construction (EPC) Pipeline contractor in Indonesia that experience deteriorated schedule performance in the last five years according to the company secondary data. It also shows that procurement schedule performance index has been affecting the whole project schedule performance and hence this study has been initiated to solve this problem. This study proposes a conceptual integrated research model to identify how procurement activities can be managed effectively to reduce delays by setting the right procurement strategy by examining the correlation between procurement process and schedule performance with moderation of strategic procurement in the gas pipeline project in Indonesia.
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Li, Wei Fang. "The Study on Sub-Contract Management in EPC Engineering." Applied Mechanics and Materials 638-640 (September 2014): 2342–45. http://dx.doi.org/10.4028/www.scientific.net/amm.638-640.2342.
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The EPC mode is one kind of total engineering management mode. In EPC engineering, the contractor commitments the project design, equipment procurement and construction, etc, which does not mean that general contractor must complete personally the entire construction project. The general contractor of EPC engineering can subcontract a part of the works to some subcontractors. So it is very important for the general contractor to tighten up the management of subcontractors through rules on contract. In the paper, some existing problems in signing stage and performance stage are analyzed. To address the problems, some solutions are put forward, including paying attention to the relevant qualification of the subcontractors audit, setting up warning systems of sub-contract, conducting risk assessment of sub-contract variations, etc.
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Nikjow, Mohammad Ajmal, Li Liang, Xijing Qi, and Samad Sepasgozar. "Engineering Procurement Construction in the Context of Belt and Road Infrastructure Projects in West Asia: A SWOT Analysis." Journal of Risk and Financial Management 14, no. 3 (February 26, 2021): 92. http://dx.doi.org/10.3390/jrfm14030092.
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Engineering procurement and construction (EPC) is a normative practice globally approved since China has been engaging in international cooperation under the Belt and Road Initiative (BRI) infrastructure development. EPC has been adopted in the delivery of BRI infrastructure projects in other countries. Compared to the domestic method of contract, EPC remains at a low level in management practice, such as a lack of coordinating diverse project stakeholders, high cost of information communication, and risk in complex environments in West Asia (WA). However, no research has conducted a strategic analysis of the current situation of EPC for BRI infrastructure projects in West Asian countries. This study aims to understand the current status quo of EPC for BRI projects in WA by performing a strength, weakness, opportunity, and threats (SWOT) analysis and with the support of data collected from the literature review and semi-structured interviews with EPC stakeholders. The study brings awareness along which internally and externally circumstances of the EPC for BRI infrastructure projects can be perceived by major stakeholders participating. The four critical strategies presented based on the SWOTs identified could help EPC firms develop and promote EPC to implement BRI infrastructure projects in WA at the strategic level.
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Tsolas, Ioannis E. "Benchmarking Engineering, Procurement and Construction (EPC) Power Plant Projects by Means of Series Two-Stage DEA." Electricity 1, no. 1 (May 4, 2020): 1–11. http://dx.doi.org/10.3390/electricity1010001.
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A lot of companies in the power sector use Engineering, Procurement, and Construction (EPC) contracts for complex infrastructure projects such as power plants. This paper presents a series two-stage data envelopment analysis (DEA) approach for the ex ante benchmarking of EPC power plant projects. The current study aims to improve over single-stage DEA and evaluate the efficiency of a group of twelve domestic (located in Greece) and international natural gas-fired power plant projects of different technologies (combined cycle power plant (CCPP) projects with single and multi-shaft configuration, and open cycle power plant (OCPP) projects) by employing a series two-stage DEA model. In the first stage, performance of the EPC mode is evaluated, whereas in the second stage the plant annual operational efficiency is assessed. In the light of the results, there is a lower level of performance in the EPC mode than in operating efficiency. The OCPP projects have the best operating efficiency, whereas they are ranked in-between the CCPP projects with single and multi-shaft configuration in EPC mode performance.
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Bu, Nayan. "Analysing the Key Points for Cost Control of EPC Model Hospital Construction Project." World Construction 5, no. 1 (August 22, 2016): 41. http://dx.doi.org/10.18686/wcj.v5i1.7.
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<span style="color: black; font-family: 'Times New Roman','serif'; font-size: 12pt; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;" lang="EN-US">As the EPC (Engineering Procurement Construction) model became one of the widely used models in the areas of local and international construction, project management based on the EPC highlights its importance. EPC project commonly refers to the four stages of the project implementation process which are design, procurement, construction and delivery to a construction enterprise for integrated management.</span><span style="color: black; font-family: 'Times New Roman','serif'; font-size: 12pt; mso-fareast-font-family: Calibri; mso-bidi-font-family: Calibri; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;" lang="EN-US">The advantage is that it can unleash the leading role of the design by overall optimization in the implementation of the project to realize reasonable cross and full coordination in the various stages of design, procurement and construction, achieving savings in investments as desired by the owners, shorten the construction period, improve the quality and other targets</span>.
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Yi, Daekyoung, Eul-Bum Lee, and Junyong Ahn. "Onshore Oil and Gas Design Schedule Management Process Through Time-Impact Simulations Analyses." Sustainability 11, no. 6 (March 17, 2019): 1613. http://dx.doi.org/10.3390/su11061613.
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Korean oil and gas contractors have recently incurred significant losses due to improper engineering performance on EPC (engineering procurement and construction) projects in overseas markets. Several previous studies have verified the significant impact engineering has on EPC construction cost and project lifecycle. However, no literature has studied the time impact engineering has on EPC projects, representing a gap in the existing body of knowledge. To fill this gap, a Monte Carlo simulation was performed with the Pertmaster, Primavera risk analysis software for three sample onshore oil and gas projects. From said simulation of all major EPC critical activities, the authors found that the engineering phase is up to 10 times as impactful as the procurement and construction phases on the overall schedule duration. In assessing the engineering activities, the authors found the piping design activities to have the greatest impact on the overall schedule performance. Using these findings, the authors present a design schedule management process which minimizes the delays of project completion in EPC projects. Said process includes the following six steps: (1) Milestone management, (2) drawing status management, (3) productivity management of engineering, (4) interface management, (5) management of major vendor documents, and (6) work front management. The findings of this paper add to the body of knowledge by confirming the design phase to be the most impactful on the overall project schedule success. Furthermore, the presented design schedule management will aid industry with successfully executing the design phase in a timely manner, including examples from case study projects for a greater understanding.
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Kim, Myung-Hun, Eul-Bum Lee, and Han-Suk Choi. "A Forecast and Mitigation Model of Construction Performance by Assessing Detailed Engineering Maturity at Key Milestones for Offshore EPC Mega-Projects." Sustainability 11, no. 5 (February 27, 2019): 1256. http://dx.doi.org/10.3390/su11051256.
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The main subject of this research is to develop a forecast and mitigation model of schedule and cost performance during a detailed engineering stage of offshore engineering, procurement and construction (EPC) projects. The weight factors of major elements in detailed engineering completion rating index system (DECRIS) were measured using a fuzzy inference system (FIS) and an analytic hierarchy process (AHP). At five key engineering milestones, from an EPC contract being awarded to the start of construction, detailed engineering maturities were assessed in fourteen historical offshore EPC projects using the DECRIS model. DECRIS cutoff scores for successful project execution were defined at the key engineering milestones. A schedule and cost performance was forecasted and validated through comparison of DECRIS and other models using statistical confidence of a fuzzy set qualitative comparative analysis (fsQCA) and a regression analysis. As a mitigation method for engineering risks to EPC contractors, engineering resource enhancement is recommended for trade-off optimization of cost overrun using a Monte Carlo simulation. The main contribution of this research is that EPC contractors could continuously forecast construction costs and schedule performance utilizing the DECRIS model, and could review the adequacy of engineering resources, assessing the trade-off between said resources and cost/schedule risk mitigation.
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Li, Huimin, Lelin Lv, Xiaowei An, and Guanghua Dong. "Profit Sharing Mechanism of Large EPC Project considering the Behavior of Fairness Concern." Advances in Civil Engineering 2020 (August 30, 2020): 1–9. http://dx.doi.org/10.1155/2020/3725254.
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A large-scale engineering procurement and construction (EPC) project is often conducted by a joint venture. Many factors affect the success of cooperation among participating enterprises, such as trust and the degree of effort of both parties. The most important one is a rational profit sharing mechanism. Reasonable profit sharing mechanism concerns whether the advantages of the EPC model can be fully utilized. In this study, the proposed EPC project is undertaken by a joint venture integrating design and construction enterprises. Moreover, the profit sharing problem arises from the project optimization implemented by both parties. The fairness concern behavior of both parties is considered, and the profit sharing model for the EPC project is established on the basis of game theory. The effect of the fairness concern behavior of both parties on the EPC project optimization and its profit sharing is further analyzed by simulation analysis. The research findings show that the project optimization profit and its sharing are related to not only the efforts and cost coefficient but also the fairness concern behavior of both parties. The research results are conducive to the application of the EPC model in the field of construction engineering.
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Kim, Myung-Hun, Eul-Bum Lee, and Han-Suk Choi. "Detail Engineering Completion Rating Index System (DECRIS) for Optimal Initiation of Construction Works to Improve Contractors’ Schedule-Cost Performance for Offshore Oil and Gas EPC Projects." Sustainability 10, no. 7 (July 14, 2018): 2469. http://dx.doi.org/10.3390/su10072469.
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Engineering, Procurement, and Construction (EPC) contractors with lump-sum turnkey contracts have recently been suffering massive profit losses due to re-works and schedule delays in offshore oil and gas EPC megaprojects. The main objective of this research is to develop and implement a detail engineering completion rating index system (DECRIS) to assist EPC contractors to optimize fabrication and construction works schedules while minimizing potential re-work/re-order. This is achieved through adequate detail design development and results in minimizing schedule delays and potential liquidated damages (i.e., delay penalties). The developed DECRIS was based on findings from an extensive review of existing literature, industry-led studies, expert surveys, and expert workshops. The DECRIS model is an evolution, and improvement of existing tools such as the project definition raking index (PDRI) and front-end loading (FEL) developed specifically for the early stage of engineering maturity assessment (i.e., planning, basic design, and front-end engineering design (FEED)), prior to EPC projects. The DECRIS was evaluated and validated with thirteen sample as-built offshore megaprojects completed recently. When the DECRIS was applied to the completed projects post-hoc, a correlation (R-squared 0.71) was found between DECRIS scores and schedule/cost performances. This is much superior to the PDRI-Industrial model’s correlation (R-squared 0.04), which was primarily devised for owners’ basic engineering or FEED completion assessment. Finally, as a means of further validation, project schedule and cost performance of an ongoing project was predicted based on the correlations found on the thirteen completed projects. The resultant predicted schedule and cost performance was well matched with the current project performance status. Based on the accuracy of the DECRIS model found in the validation, said model is an effective prospective tool for EPC contractors to manage their engineering and procurement/construction risks during the initial detail design stages.
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Kabirifar, Kamyar, and Mohammad Mojtahedi. "The impact of Engineering, Procurement and Construction (EPC) Phases on Project Performance: A Case of Large-scale Residential Construction Project." Buildings 9, no. 1 (January 8, 2019): 15. http://dx.doi.org/10.3390/buildings9010015.
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The Construction Industry is a complex and fragmented industry worldwide with regards to its supply chain, products, and processes, and is faced with a similar dilemma as faced by manufacturers during its time in past decades. Scope, time, and cost are the triple constraints of project management and leading factors in defining the project performance. Productivity and efficiency of each construction project is measured through its triple constraints, therefore the factors that affect project success are significantly important. Despite the importance of understanding project performance indicators, few empirical studies have been conducted over the last decade in terms of analyzing the factors that determine the performance of high-rise buildings in Engineering, Procurement, and Construction (EPC) projects. Hence, the aim of this paper is to analyze and rank EPC critical activities across large-scale residential construction projects in Iran, by using the TOPSIS method as a multi-attribute group decision-making technique. Results indicate that engineering design, project planning and controls are significant factors contributing to the project performance. In addition, engineering has a pivotal role in project performance and this significance is followed by the construction phase. On the contrary, all believe procurement is more important than Construction phase.
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Nguyen, Huong Thanh, and Bonavetura H. W. Hadikusumo. "Human resource related factors and engineering, procurement, and construction (EPC) project success." Journal of Financial Management of Property and Construction 23, no. 1 (April 3, 2018): 24–39. http://dx.doi.org/10.1108/jfmpc-05-2016-0023.
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Zheng, Yu, Llewellyn C. M. Tang, and K. W. Chau. "Analysis of Improvement of BIM-Based Digitalization in Engineering, Procurement, and Construction (EPC) Projects in China." Applied Sciences 11, no. 24 (December 14, 2021): 11895. http://dx.doi.org/10.3390/app112411895.
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Digitalization is considered a dynamic change process powered by the rapid development of innovative concepts (e.g., building information modeling) that brings substantial potential benefits to the construction industry. However, previous studies of the benefits of digitalization (BIM) were mainly based on laboratory data rather than actual practices, which compromised the reliability of the results for construction practitioners. This study investigated the impact of digitalization in EPC construction projects by integrating descriptive statistics and survey-based exploratory factor analysis (SEFA). After a detailed review of related studies and meetings with experts, ten main variables and 14 unified variables were identified. The data on these variables were collected by questionnaire surveys and the extraction of information from project documentation. A total of 62 participants from 33 EPC construction projects responded to the questionnaire survey. The SEFA results indicated that digitalization can improve both the cost and time performance, with greater potential for improvement in time performance for EPC projects. In a scenario with limited digitalization implementation, this research could motivate future researchers to develop more applied research and guidelines to achieve best practices in the domain of the digitalization of construction projects.
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Ustymenko, Volodymyr, Vladislav Teremetskyi, Kateryna Bida, Petro Denysyuk, and Nataliia Novytska. "Experience of conclusion and performance of engineering, procurement and construction contracts in post-Soviet countries." Cuestiones Políticas 40, no. 74 (October 25, 2022): 830–48. http://dx.doi.org/10.46398/cuestpol.4074.46.
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The main purpose of the article is the analysis of properties and risks arising during the conclusion and performance of engineering, procurement and construction contracts (hereinafter referred to as EPC contracts) in Ukraine, Kazakhstan, Russia and Belarus, notwithstanding the current situation with military aggression and sanctions. The methodological basis of the study consists of the comparative legal and structural-logical method, systemic analysis and synthesis. It also describes the ways of relevant adaptation of EPC contracts in accordance with the requirements of the legislation. In addition, the authors have studied in detail the legal instruments that could help the contracting parties to establish the control due to occurrence of risks in different jurisdictions of the post-Soviet space. Finally, it was concluded that the application of EPC contracts, in the countries of the post-Soviet space, is connected with the presence of high level of political risks that should be taken into account when carrying out large-scale infrastructural projects. The results of the study will be useful to practicing lawyers, students and scientists who are interested in the examination of public relations in the field of civil works with some political influence on the development of this sector.
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Budinorman, Yanuar, Sri Mulyani, Citra Sukmadilaga, and Srihadi Winarningsih. "Is information quality a key factor in improving competitive advantages and performance of engineering, procurement and construction companies?" Economic Annals-ХХI 188, no. 3-4 (May 10, 2021): 118–26. http://dx.doi.org/10.21003/ea.v188-14.
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The study examines the effect of information quality on competitive advantage and company performance. This is a survey study conducted in engineering, procurement and construction (EPC) companies in Indonesia throughout the year 2020. Out of 189 questionnaires submitted to 63 EPC companies, 96 questionnaires from 49 companies were returned and processed. The unit of analysis is the organization, and the directors of the company are the respondents. The research instrument was built based on the operationalisation of variables developed by previous research. The research results are explained descriptively and verified by using structural equation modelling (SEM). The data were processed with the use of the LISREL 8.8 statistical software. The results showed that information quality had a significant positive effect on the company’s competitive advantage, but did not have a significant effect on the company’s performance. Information quality can have a positive impact on the company’s performance when mediated by the company’s competitive advantage. Other findings show that the company’s competitive advantage has a significant impact on its performance. The findings indicate that EPC companies in Indonesia need information quality to create corporate excellence. A competitive advantage can also improve the company’s performance. EPC companies should invest heavily in IT, because information quality is the biggest determining factor in increasing their competitive advantage and performance, particularly as the application of artificial intelligence technology can be an alternative solution in the increasing competitiveness with the global EPC firms.
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Kaming, Peter F., Ambrosius Koesmargono, and Bimo Wahyu Aji. "Delay model for Engineering Procurement Construction (EPC): a case of Liquefied Natural Gas (LNG) projects in Indonesia." MATEC Web of Conferences 270 (2019): 05010. http://dx.doi.org/10.1051/matecconf/201927005010.
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Development of Liquefied Natural Gas (LNG) projects in Indonesia mostly utilized Engineering Procurement Construction) EPC as type of contract. The contract is particularly applied in large-scale project such as LNG because it needed to be realized with comprehensively planning and to be on time, and on budget for the benefit for all stakeholders. In maximizing the utilization of the resources, LNG plant project depended on detailed work plans and tightly work schedule. This research aims at analyzing factors influencing causes of project delay in construction LNG projects. Data were collected using survey method by mean of distributing questionnaire to respondent that representing skilled staffs of the contractor LNG construction. Grouping variables were carried out using factors analysis, and the generated factors and delay of the projects then were analyzed their relationship using Structural Equation Modelling (SEM). Results of this study generated seven factors that influenced the delay of the EPC contract in LNG projects. The factors are: Human Resources; Management; Material; External; Plant Equipment; Method; Quality. From the result of SEM analysis it generated a model for analyzing the delay of the EPC for LNG projects in Indonesia.
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Gong, Pan, Ningshuang Zeng, Kunhui Ye, and Markus König. "An Empirical Study on the Acceptance of 4D BIM in EPC Projects in China." Sustainability 11, no. 5 (March 2, 2019): 1316. http://dx.doi.org/10.3390/su11051316.
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The engineering-procurement-construction (EPC) method has the potential to help construction projects achieve sustainable performance, e.g., the contractor’s early involvement, cost savings, and a reduced schedule. However, high uncertainties and complexities are contained in EPC projects. 4D BIM (Building Information Modeling) with abilities to simplify the time and space relationships of construction activities and support multi-party information sharing is beneficial to EPC project management. The behavior pattern of the project personnel toward accepting 4D BIM information systems or tools needs to be explored. Therefore, a research model of the acceptance of 4D BIM in EPC projects with eight latent constructs is proposed through a literature review of technology acceptance theories. Data is collected from a questionnaire survey and interviews. Research hypotheses are examined using PLS-SEM (partial least squares-structural equation modeling). Empirical evidence is collected from China, and implications to the developing countries facing the challenge of developing a technology-intensive construction industry are provided: (1) Adopting 4D BIM in the EPC project is beneficial; (2) the task-technology fit plays a leading role in technology acceptance; (3) the management incentive is inefficient at the operational stage. Suggestions for future research on 4D BIM acceptance in complex construction projects with abundant data and alternative models are provided.
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Habibi, Mohammadreza, Sharareh Kermanshachi, and Behzad Rouhanizadeh. "Identifying and Measuring Engineering, Procurement, and Construction (EPC) Key Performance Indicators and Management Strategies." Infrastructures 4, no. 2 (March 29, 2019): 14. http://dx.doi.org/10.3390/infrastructures4020014.
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Delay and cost overrun in construction projects are two widespread problems that arouse practitioners’ and scholars’ concern. Therefore, the objective of this study was to identify Key Performance Indicators (KPIs) in each of Engineering, Procurement and Construction (EPC) phases separately and then calculate the weight impact that is associated with each of identified KPIs. Additionally, this study aimed to find the most appropriate Best Practices (BPs) for the identified phase-based indicators. Through a review of existing literature, a survey was developed to collect data from the completed construction projects. Various statistical methods, including two sample T-test and Kruskal-Wallis test, were utilized to analyze the data. Subsequently, Epsilon-Squared effect size method was applied to prioritize the identified KPIs. Since the lack of communication and slowness in decision making were found as the primary schedule Performance Indicators, schedule performance was identified to be highly affected by managerial approaches and actions. In addition, clients play a decisive role, because owner-driven change orders were found as the most crucial cost performance indicator affecting the performance of the engineering and construction phases. The outcome of this study helps practitioners and scholars to understand the phase-based cost and schedule KPIs, and appropriate mitigating strategies to improve the construction performance in EPC phases and save time and money.
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Aldhaheri, Mohamed, Amal Bakchan, and Maqsood Ahmad Sandhu. "A structural equation model for enhancing effectiveness of engineering, procurement and construction (EPC) major projects." Engineering, Construction and Architectural Management 25, no. 9 (October 15, 2018): 1226–52. http://dx.doi.org/10.1108/ecam-07-2017-0130.
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Purpose The purpose of this paper is to define and analyze causal factors shaping the effectiveness of engineering, procurement and construction (EPC) major projects in meeting the product objectives, from the end-user’s perspective. Design/methodology/approach An online survey questionnaire was developed and administered to end-users working in major oil and gas projects. Data collection process was initiated on, around 275 end-users, and 213 responses were received, achieving a high response rate of 77 percent. Findings The results indicate that both alignment of objectives and end-user’s engagement factors exhibit a positive influence on effectiveness of EPC, with the former having higher contribution than the latter. In this context, the product success triangle reveals higher preference of the end-user’s team toward quality than schedule and cost objectives. Research limitations/implications Shifting the efforts of involving the end-user forward in time, starting from the planning stage, alleviates the adverse impacts of design changes as well as increases the ability to save cost, improve performance and increase end-user’s satisfaction. Practical implications The model raises the awareness of oil and gas industry practitioners toward the critical factors influencing the project effectiveness and proposes useful techniques for maintaining proper alignment between project and product objectives as well as facilitating end-user’s engagement at the site level. As such, it can serve as a motivation tool for aligning the objectives and acknowledging the engagement, with the aim of achieving the product success. Originality/value The effectiveness of EPC structural model was developed and tested using PLS–structural equation modeling statistical technique. The interpretation of the structural model demonstrated that both end-user’s engagement and alignment of objectives are essential to successfully achieve project effectiveness.
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Ban, Tran Van, and Bonaventura H. W. Hadikusumo. "Culture EPC oil and gas project in Vietnam: grounded theory." International Journal of Energy Sector Management 11, no. 3 (September 4, 2017): 366–86. http://dx.doi.org/10.1108/ijesm-04-2016-0009.
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Purpose Engineering-procurement-construction (EPC) projects in the oil and gas industry are special projects involving diverse cultures, behaviours and complexity in global business. Among these elements, culture is a crucial factor contributing to project performance. Several studies have been conducted on culture and its impact on project performance, especially in construction. However, studies on the cultural factors affecting EPC projects have not yet been carried out, especially for projects in the oil and gas industry. Thus, this study aims to explore and identify the cultural factors that affect the performance of oil and gas EPC projects in Vietnam. Design/methodology/approach In all, 60 people with experience in EPC projects were interviewed for the study. Axial and selective coding were used to build the final grounded theory. Findings The research findings show that the main cultural factors affecting the performance of EPC projects are leadership, organisation, planning, communication, human resources, goal and orientation. Originality/value This study provides empirical evidence for the importance of cultural factors that affect the success of EPC projects. It can serve as a guide on how to manage EPC projects and how to overcome the cultural difficulties in oil and gas EPC projects in Vietnam.
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Agustinus Ananda, Priyantomo. "WAAM Application for EPC Company." MATEC Web of Conferences 269 (2019): 05002. http://dx.doi.org/10.1051/matecconf/201926905002.
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WAAM ( Wire + Arc Additive Manufacturing) is a process of adding material layer by layer in order to build a near net shape components. It shows a further promising future for fabricating large expensive metal components with complex geometry. Engineering Procurement and Construction (EPC) company as one of the industrial section which related with engineering design and products, wide range of material type, and shop based or site based manufacturing process have been dealing with conventional manufacturing and procurement process in order to fulfill its requirement for custom parts and items for the project completion purpose. During the conventional process, there is a risk during the transportation of the products from the manufacturing shop to then site project, this risk is even greater when the delivery time take part as one of the essential part which affect the project schedule. Wire Arc Additive Manufacturing process offering an alternative process to shorten the delivery time and process for a selected material and engineered items, with the consideration of essential variables which can affect the final products of WAAM process, such as : heat input, wire feed speed, travel speed, shielding gas, welding process and robotic system applied. In this paper, the possibilities of WAAM application in EPC company will be assessed, an in depth literature review of the various process which possible to applied, include the loss and benefit compared with conventional method will be presented. The main objective is to identify the current challenge and the prospect of WAAM application in EPC company.
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Liang, Cao, Feng Jingchun, and Ren Yuan. "Risk Evaluation of EPC Supply Chain Based on SCOR and Multi-Level Grey Model." International Journal of Information Systems and Supply Chain Management 11, no. 2 (April 2018): 54–76. http://dx.doi.org/10.4018/ijisscm.2018040104.
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With the development of China's economy, large-scale engineering and complex engineering are emerging. The Engineering Procurement Construction (EPC) project general contracting model is widely used in civil engineering, water conservancy, railway, water treatment, waste incineration plants and other large engineering area. The increasing complexity of construction technology and the risks are facing overwhelming and fragile supply chain. Based on the deep analysis of supply chain operation reference (SCOR) model, which is widely used in various fields of industry, this article puts forward the preliminary index system of supply chain risk of EPC project by analytic hierarchy process (AHP). The risk index system of waste incineration project including 5 first-level risk indicators and 27 second-level risk indicators has been established and determined. The multi-level grey model is used to evaluate the risk index, calculate the grey evaluation coefficient and the grey evaluation weight vector as well as the weight matrix, draw the specific risk evaluation value of the project, and sort the first level index. Finally, an EPC example of a waste incineration in Hubei Province is used to verify the feasibility and reliability of the method.
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Sutanto, Kelvin Rudy, Paulus Nugraha, and Andi Andi. "Studi Kasus Waste Material Proses Fabrikasi Struktur Baja di Perusahaan EPC (Engineering, Procurement, Construction)." Jurnal Teknik Sipil 25, no. 1 (April 6, 2018): 33. http://dx.doi.org/10.5614/jts.2018.25.1.5.
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HUDDAR, VIKRANT, and Nitin Joshi. "STUDY OF ECONOMIC, ENVIRONMENTAL, AND SOCIAL INDICATORS ON THE SUSTAINABLE DEVELOPMENT APPROACH OF OIL AND GAS EPC COMPANIES." International Journal of Management, Public Policy and Research 1, no. 4 (December 30, 2022): 17–26. http://dx.doi.org/10.55829/ijmpr.v1i4.93.
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Oil and Gas industry is a vital sector of the global economy. There are materials and energetic flow in the consumer economy, and they are both caused and determined by industrial applications. The industrial sector is universally acknowledged as essential to growth and economic generation, despite its negative connotations associated with ecological damage and depletion of resources. Included in the criteria are environmental effects, financial, and standards of ethics for Engineering, Procurement, and Construction (EPC) firms, which span the three pillars of sustainability (environment, economical, and socially). Only a few of Indian companies - including L&T, Reliance, Petrofac, Mc-Dermott, Saipem, Foster Wheeler, Aker Solutions, Punj Lloyd, operate in the Oil Engineering, Procurement, and Construction (EPC) industry. The methodology may be used by any sector, although more detailed indicators will need to be established on an individual basis. The architecture may be implemented into the system gradually using a modular strategy. By using the right criteria, the model also connects the dots between the micro and macro levels of sustainable development. So, it's a tool that businesses can use to evaluate how well they're doing in terms of the principles of sustainable development.
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Liu, Yang, Wenzhe Tang, Colin F. Duffield, Felix Kin Peng Hui, Lihai Zhang, Xuteng Zhang, and Yanling Kang. "Improving Design by Partnering in Engineering–Procurement–Construction (EPC) Hydropower Projects: A Case Study of a Large-Scale Hydropower Project in China." Water 13, no. 23 (December 2, 2021): 3410. http://dx.doi.org/10.3390/w13233410.
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Hydropower, as a renewable energy resource, has become an important way to fit for Chinese long-term energy policy of energy transformation. Engineering–procurement–construction (EPC) has been increasingly adopted for improving hydropower project delivery efficiency in the utilization of water resources and generation of clean energy, where design plays a critical role in project success. Existing studies advocate the need to use partnering for better solutions to designs in EPC hydropower projects. However, there is a lack of a theoretical framework to systematically address design-related issues considering different participants’ interactions. This study coherently examined the causal relationships among partnering, design management, design capability, and EPC hydropower project performance by establishing and validating a conceptual model, with the support of data collected from a large-scale EPC hydropower project. Path analysis reveals that partnering can directly promote design management and design capability and exert an effect on design capability through enhancing design management, thereby achieving better hydropower project outcomes. This study’s contribution lies in that it theoretically builds the links between intra- and inter-organizational design-related activities by systematically mapping EPC hydropower project performance on partnering, design management, and design capability. These findings also suggest broad practical strategies for participants to optimally integrate their complementary resources into designs to achieve superior hydropower project performance.
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Panji, Pringga Satria, and Lolom Evalita Hutabarat. "PERUBAHAN BIDANG JASA KONSTRUKSI DI ERA DISRUPSI DALAM TATARAN KONSEP EPC 4.0." Jurnal Rekayasa Teknik Sipil dan Lingkungan - CENTECH 1, no. 2 (October 31, 2020): 75–83. http://dx.doi.org/10.33541/cen.v1i2.2066.
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Industri 4.0 sudah digaungkan oleh Pemerintah Republik Indonesia. Konsep dalam Industri 4.0 ini membutuhkan perubahan yang fundamental dalam setiap sendi-sendi kegiatan bisnis yang sudah sekian lama dilakukan. Business as usual, sebuah frasa yang tidak lagi berlaku untuk melakukan sebuah perubahan mendasar. Efisiensi dalam konteks digitalisasi proses bisnis EPC (Engineering, Procurement and Construction) sangat diperlukan saat ini. Terlebih jika kondisi perusahaan sedang dalam masa sulit atau resesi akibat pandemi covid-19, perlu penerapan konsep EPC 4.0 dengan penyesuaian terhadap kebutuhan perusahaan secara khusus dan negara secara umum. Banyak hal mendasar yang akan mengalami distraksi dalam industry EPC 4.0, antara lain hubungan antara pemilik proyek, kontraktor, sub-kontraktor dan supplier, kemudian pola rantai suplai barang dan material, organisasi, otomasi dan faktor sumber daya manusia
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James, Paul. "Owner Project Safety Leadership and Explosives Management in a Construction Project in Kashmir." Journal of Safety Studies 5, no. 1 (November 17, 2019): 24. http://dx.doi.org/10.5296/jss.v5i1.15613.
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This is research is focused on the evaluation of Owner Engineer perceptions and its impacts on Explosives management practices and developments related to an Engineering, Procurement and Construction Contract (EPC) Tunnel Construction Project in Kashmir using an interpretive methodology.The scope for this research was the Owner engineer project team. The population of interest was made up of 13 senior engineers, encompassing a multi-site EPC Tunnel Construction Project. Eleven (11) senior engineers were carefully targeted as a designed sample size.The research outcomes consisted of three (3) Main Themes - Site Safety; Explosives Management and Security Issues and fourteen (14) sub-themes, with 387 dialogue targets.The paper addresses a variety of major issues resulting from the analysis of narrative data relating to Owner project safety leaderships and raises determinations of the implications for managing safety at the project sites and in the wider community.
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Wang, Shaowen, Xiaojun Liu, and Na Liu. "How to alter path dependency and promote the use of EPC model in public projects of China?" PLOS ONE 17, no. 4 (April 19, 2022): e0266957. http://dx.doi.org/10.1371/journal.pone.0266957.
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The key to promoting the EPC (Engineering, Procurement, Construction) model in China’s public construction projects is to alter the path dependence of a project owner’s choice of project delivery model (PDM). This study uses evolutionary game theory to discuss the mechanism of government incentives as an external motivation to alter path dependence in the PDM. In addition, a cellular automata simulation to examine the influence of various government incentives on the project owner’s choice. The results show that the combination of subsidies and penalties can produce the best incentive. Subsidies are more effective at promoting PDM institutional change, whereas penalties are more effective at preventing PDM institutional change from anti-recession effects. Based on our results, we propose that the Chinese government should take active subsidy measures at the initial stage of EPC promotion, and adopt a dynamic incentive strategy of continuously reducing subsidies and increasing penalties according to the improvement of the development degree of EPC model.
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Ding, Yan, Xiaomei Zhang, Liqing Zhou, and Chuanbo Xu. "Investment Risk Assessment of EPC Power Transmission and Transformation Projects under New Energy Grid Connection Based on the Owner’s Perspective." Mathematical Problems in Engineering 2022 (August 12, 2022): 1–12. http://dx.doi.org/10.1155/2022/2258938.
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Power transmission and transformation projects (PTTPs) under new energy grid connections are different from ordinary engineering construction projects. With large investment amounts, various supporting facilities, and high safety and quality requirements, PTTPs are vulnerable to the volatility of new energy power generation, climate, geological conditions, geopolitical environment, technological changes, and other kinds of uncertain factors. Therefore, the investment risk of PTTPs under new energy grid connection is particularly considerable in the project management. For the owner of PTTPs, adopting the engineering-procurement-construction (EPC) mode is an effective attempt to solve the project construction problems faced by the owners. Thus, this paper deeply excavates the key risk points of PTTPs in the initial investment phase under the EPC mode and constructs the novel risk evaluation index system from the perspectives of economy, management, policy, society, and environment. An assessment model is established based on triangle fuzzy number-hesitant fuzzy linguistic term sets (HFLTS-TFNs), the entropy method, and the fuzzy comprehensive evaluation method, which is used to evaluate the investment risk of PTTPs to provide reference for power grid corporations to control project risks. Finally, a case study in the Hexi Corridor region, Gansu Province, China, is illustrated to demonstrate the rationality of the decision model and find management risks are the most vital risk factors for PTTPs under EPC mode.
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Dachyar, M., and Z. A. H. Sanjiwo. "Business Process Re-Engineering of Engineering Procurement Construction (EPC) Project in Oil and Gas Industry in Indonesia." Indian Journal of Science and Technology 11, no. 9 (March 1, 2018): 1–8. http://dx.doi.org/10.17485/ijst/2018/v11i9/92741.
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Wagner, Reinhard F. "EPC 4.0: The quest for reducing CAPEX in EPC projects." Organization, Technology and Management in Construction: an International Journal 12, no. 1 (July 27, 2020): 2245–55. http://dx.doi.org/10.2478/otmcj-2020-0020.
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AbstractEngineering, procurement and construction (EPC) business in Europa is increasingly under pressure. Lack of productivity, low or negative profit margins for investors, and the lack of adopting necessary innovations and digitalization—from engineering activities through operations and maintenance to decommissioning—have caused significant deprivation of business and competitiveness compared to emerging providers in Asia. The quest for reducing capital expenditures (CAPEX) in EPC projects is intensifying. In May 2018, a research project was started to analyze the situation and key trends through desk research, to research how the challenges of the business could be tackled and to derive practical guidance for EPC contractors as well as for investors, owners, and operators (O/O). The project aimed to propose innovative ways of improving the EPC business model to reach the next level (“EPC 4.0”). In doing so, lessons learned from the automotive and aviation industry were considered. A key objective of the research project was to challenge statements of international EPC experts to cut CAPEX by 40–50% in EPC projects. With this statement in mind, the research focused on identifying measures with potential in six areas: (1) digitalization, (2) partnering, (3) flat supply chains, (4) flexible organizations, (5) core competences, and (6) the human factor. Summarizing the findings in these areas, the EPC 4.0 project came to a savings potential of up to 50% of the total budgeted project costs.
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Choi, So-Won, Eul-Bum Lee, and Jong-Hyun Kim. "The Engineering Machine-Learning Automation Platform (EMAP): A Big-Data-Driven AI Tool for Contractors’ Sustainable Management Solutions for Plant Projects." Sustainability 13, no. 18 (September 17, 2021): 10384. http://dx.doi.org/10.3390/su131810384.
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Plant projects, referred to as Engineering Procurement and Construction (EPC), generate massive amounts of data throughout their life cycle, from the planning stages to the operation and maintenance (OM) stages. Many EPC contractors struggle with their projects due to the complexity of the decision-making processes, owing to the vast amount of project data generated during each project stage. In line with the fourth industrial revolution, the demand for engineering project management solutions to apply artificial intelligence (AI) in big data technology is increasing. The purpose of this study was to predict the risk of contractor and support decision-making at each project stage using machine-learning (ML) technology based on data generated in the bidding, engineering, construction, and OM stages of EPC projects. As a result of this study, the Engineering Machine-learning Automation Platform (EMAP), a cloud-based integrated analysis tool applied with big data and AI/ML technology, was developed. EMAP is an intelligent decision support system that consists of five modules: Invitation to Bid (ITB) Analysis, Design Cost Estimation, Design Error Checking, Change Order Forecasting, and Equipment Predictive Maintenance, using advanced AI/ML algorithms. In addition, each module was validated through case studies to assure the performance and accuracy of the module. This study contributes to the strengthening of the risk response for each stage of the EPC project, especially preventing errors by the project managers, and improving their work accuracy. Project risk management using AI/ML breaks away from the existing risk management practices centered on statistical analysis, and further expands the research scalability of related works.
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Fertilia, Novika Candra, Yusuf Latief, and Eddy Subiyanto. "PENGEMBANGAN PROSES PERENCANAAN PADA PROYEK EPC BERBASIS PMBOK UNTUK MENINGKATKAN KUALITAS PERENCANAAN PROYEK YANG BERKAITAN DENGAN KINERJA WAKTU DI PT. KE." Rekayasa Sipil 7, no. 1 (January 5, 2019): 13. http://dx.doi.org/10.22441/jrs.2018.v07.i1.02.
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Proyek EPC (Engineering, Procurement, and Construction) telah menjadi salah satu metode pelaksanaan proyek populer yang banyak dipilih oleh pemilik proyek maupun kontraktor. Proyek EPC merupakan jenis proyek konstruksi yang kompleks dan memiliki perbedaan karakter dengan proyek konstruksi biasa, sehingga keterlambatan proyek merupakan fenomena yang kerap terjadi pada proyek EPC. Praktik Proyek EPC saat ini harus mengutamakan penerapan manajemen proyek, terutama untuk proyek skala besar di seluruh dunia. PT. KE merupakan salah satu badan usaha yang mengelola proyek EPC yang dalam pelaksanaannya banyak mengalami keterlambatan, salah satu penyebabnya adalah dispute antara desain dan dokumen kontrak yang menunjukkan lemahnya proses perencanaan. Penelitian ini bertujuan mengidentifikasi peristiwa risiko dalam tahap perencanaan yang mempengaruhi kualitas perencanaan dalam keterkaitannya dengan kinerja waktu di PT. KE untuk mengembangkan kerangka perencanaan proyek yang diharapkan dapat dijadikan strategi baru dalam meningkatkan kinerja waktu proyek berbasis PMBOK (Project Management Body of Knowledge) 2013. Pada penelitian ini ditemukan 3 faktor dominan yang berpengaruh pada kualitas perencanaan yang berdampak pada kinerja waktu di PT.KE dan dalam integrasi perencanaan eksisting terhadap PMBOK 2013, ditemukan 1 aktivitas precanaan yang harus ditambahkan.
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Komurlu, Ruveyda, and Akin Er. "Evaluation of an OBCE Conversion Contract in a Large-scale Oil and Gas Project." MATEC Web of Conferences 312 (2020): 02006. http://dx.doi.org/10.1051/matecconf/202031202006.
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Billion-dollar investments are quite common in oil and gas industry and owners generally prefer engineering, procurement, construction (EPC) contracts since they would like to minimize their risks and guarantee the most consistent project cost and shortest timeline scheme. Considering the size of contracts, owners are unsurprisingly seeking an ideal tender awarding method to avoid deviation from project schedule or budget and get the maximum benefit for them. They may prefer to award the EPC contract directly (i), have a front-end engineering design (FEED) study done first and award the EPC contract afterwards (ii), or set up a convertible contract and convert it to EPC after an open book cost estimate (OBCE) process (iii). It is a question of concern which option for large-scale oil and gas projects is the most favourable. As a case study, outcomes of a project which was administrated with a conversion type of contract will be reviewed in detail, and a number of principles based on lessons learned will be listed. Thus, the authors aim to provide a verifying approach for the interpretation of EPC conversion type contract management based on analysis of the distinguishing features of large-scale oil and gas projects.
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Gao, Jingxin, Hong Ren, and Weiguang Cai. "Risk assessment of construction projects in China under traditional and industrial production modes." Engineering, Construction and Architectural Management 26, no. 9 (October 21, 2019): 2147–68. http://dx.doi.org/10.1108/ecam-01-2019-0029.
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Purpose High risk is one of the most prominent characteristics of the Chinese construction industry, and it poses a significant threat to construction projects. Owing to initiatives aimed at achieving high efficiency, low carbon emissions, etc., industrialization of the construction industry has become an inevitable trend in China. However, it remains to be discussed whether industrialization of construction can reduce the risks entailed in construction projects compared with traditional construction. The paper aims to discuss these issues. Design/methodology/approach Based on the theory of risk life cycle, this paper proposes a practical risk assessment technique to assess the risk life cycle, including the risk occurrence time and potential financial losses. This technique is then applied to assess the differences between the risks involved in an engineering, procurement and construction (EPC) project executed via traditional and industrial production modes. Findings The results show that the total duration of risks in the industrial construction project is half of that in the traditional project. In addition, the expected financial loss entailed in the industrial construction project is 29 percent lower than that in the traditional construction project. Therefore, industrial construction has the potential to optimize risk performance. Originality/value There is no significant difference between the traditional and industrial construction models in terms of probability of risk. The maximum total loss might occur in the procurement stage in the case of industrial production, and in the construction stage in the case of traditional production. Moreover, the total expected loss from risk in the EPC project in the industrial production mode is only half of that in the traditional production route. This study is expected to provide a new risk evaluation technique and promote an understanding of the life cycle of risk management in the construction industry.
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Yuliandra, Berry, and Rini Syahfitri. "Algoritma Heuristik untuk Menentukan Biaya Crashing Minimum pada Project Network dengan Dua Jalur Kritis: Studi Kasus Proyek Produksi Electrical House oleh PT X." Jurnal Optimasi Sistem Industri 14, no. 2 (April 19, 2016): 259. http://dx.doi.org/10.25077/josi.v14.n2.p259-278.2015.
Full textAbstract:
PT X is a company engaged in the production of the module, ship relay station (Electrical House)as well as oil and gas mining equipment. The company uses a project-based production system in the production process of that equipment. Type of project usually performed is the Engineering-Procurement-Construction (EPC) project. EPC is a type of project that involves process engineering, material procurement, and products construction. PT X main product is a module or electrical house (E-House). Activities can be disrupted by a variety of conditions in the project implementation phase, such as weather and other unforeseen events. These conditions can hamper the process and affect the performance on the field.Activity scheduling and load out process which often suffer from delays caused project deadlines are often past the limit is given by the client. As in the case of E-House project examined in this study, its implementation has been delayed and should be accelerated for 8days. Therefore, the crashing project can greatly assist in adjusting the implementation plan with the actual condition. Crashing project analysis conducted based on project network diagram. The critical path is determined using Critical Path Method (CPM). Based on analysis results, project execution time can be shortened up to 8 days earlier. (From the normal time of 94 days to 86 days) at the cost $ 4.203.093,25.
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He, Jingshi, and Dai Han. "Evaluation of Key Factors of Logistics Risks for Overseas EPC Projects." Advances in Civil Engineering 2022 (March 21, 2022): 1–9. http://dx.doi.org/10.1155/2022/4447399.
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Correctly identifying and evaluating the logistics risks of EPC (engineering procurement construction) projects is conducive to strengthening the risk prevention and control of engineering projects. An evaluation index system for the logistics risk factors of overseas EPC projects was established, and the entropy-DEA (Data Envelopment Analysis) method used to evaluate and sort risk decision-making unit (DMU) with risk likelihood and risk consequences as decision variables. The risk reduction ratio and improvement space of each risk DMU are obtained, and the risk factor distribution matrix is constructed, pointing out that legal risks, operational risks and management risks are the primary risk DMU, which provide reference decisions for the optimal allocation of resources. Finally, it is proposed to carefully select overseas logistics carriers, conduct in-depth research before formulating logistics plans, pay attention to logistics process tracking and supervision, and strengthen logistics packaging and bundling technologies.
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Gu, Jianke. "Research on Progress Control of Overseas Cement EPC General Contracting Project." Journal of World Architecture 5, no. 6 (November 29, 2021): 42–46. http://dx.doi.org/10.26689/jwa.v5i6.2756.
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The purpose of Engineering Procurement Construction (EPC) general contracting project schedule management is to ensure that the project meets its deadlines, and it plays a critical role in contract performance. In comparison to the domestic general contracting model, project management and coordination are more complex for the general contractor of international EPC projects. As a result, scientific project schedule process control is critical to effectively ensuring project duration, saving project costs, improving project management level, and project quality, and ensuring that the project achieves the promised advantages for both the contractor and the owner. Through the research and analysis of the status of the schedule management of the Indonesia B Project Phase II cement project, corresponding optimization measures are proposed for the project schedule process control.
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Xia, Manman, Lemeng Zhao, and Li Zhao. "A Comprehensive Risk-Assessment Method for Prefabricated Buildings Using EPC: A Case Study from China." Sustainability 14, no. 3 (February 8, 2022): 1910. http://dx.doi.org/10.3390/su14031910.
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The prefabricated building has been proven to be an effective approach for enhancing the sustainability of the construction industry. In recent years, the Chinese government has promulgated a series of policy documents to promote the advancement of prefabricated buildings. However, in practice, there are still numerous problems related to design, production, and construction, as well as the coordination between various stages. This study aimed to fill the gap in research regarding the application of EPC (Engineering–Procurement–Construction) in prefabricated buildings in China. As most of the risks of projects are borne by general contractors in the EPC mode, the risks faced by prefabricated building projects using EPC were systematically analyzed in this study from the perspective of general contractors. After learning about the risks of assembly construction in different countries, this study conducted a questionnaire survey to establish an evaluation system, and a comprehensive evaluation method was put forward to determine the weight of each indicator. Furthermore, an evaluation model based on grey–fuzzy theory was developed in this study, which was applied to a real project in Nanjing, China. The results indicated the applicability of the established evaluation system and model and determined the risk level of the project. Additionally, in this case study, it was found that construction and design were the major factors determining the risk level of the project. This study contributes to the body of knowledge regarding the integration of EPC in prefabricated buildings, which has practical application value for general contractors when conducting risk assessments.