EPC (Engineering, Procurement, and Construction) is all about managing industrial projects from start to finish. In this way, EPC Project Management is somewhat repetitive: EPC is about project management–the two can’t be separated.
What is more important when it comes to EPC is more of a legal issue. EPC project delivery is a sort of contract or arrangement in which an Asset Owner hires a general contractor or an EPC company to manage their entire construction project, beginning to end.
Typically, EPC companies are responsible for the entire project lifecycle, from the design and engineering phase, to the procurement of materials and equipment, to the construction and commissioning of the project.
EPC companies typically work on turnkey projects, meaning that they assume responsibility for the entire project and are responsible for delivering a completed project to the client. EPC companies often have specialized expertise in certain areas, such as civil engineering, electrical engineering, or project management, and may employ a large team of engineers, designers, and construction professionals to complete the project.
What Makes EPC Project Management So Important?
EPC project management is crucial for the success of large-scale projects in various industries, and it is important for several reasons:
Coordination and Integration:
EPC project management involves the coordination and integration of multiple complex and interrelated activities, such as engineering, procurement, and construction. Effective EPC project management ensures that all aspects of the project are properly aligned and coordinated, from the initial design phase to the final construction phase.
Time and Cost Management:
Effective EPC project management is essential for managing time and cost, which are critical factors in any project. With effective EPC project management, projects can be completed on time and within budget, saving time and money for the client.
EPC project management is also important for quality control. By implementing quality control measures throughout the project, the EPC company can ensure that all work is completed to the required quality standards, minimizing the risk of delays or costly rework.
Large-scale projects are inherently risky, and effective risk management is essential. EPC project management helps to identify potential risks and develop contingency plans to mitigate them. Regularly reviewing risk assessments and adjusting plans as needed can help minimize the risk of project delays or failures.
Communication and Collaboration:
EPC project management emphasizes communication and collaboration between all stakeholders, including clients, designers, engineers, contractors, and suppliers. Clear communication channels and collaboration tools are essential for ensuring that everyone is aware of project goals, timelines, and any changes to the project plan.
Overall, EPC project management is essential for the success of large-scale projects, as it ensures that all aspects of the project are properly aligned and coordinated, from the initial design phase to the final construction phase. Effective EPC project management can help to minimize risks, ensure quality, manage time and cost, and enhance communication and collaboration between stakeholders.
JP Interactive Viewer
To align with the goals mentioned above, JP Interactive Viewer shows every step of the process, including workflow development, operational data, documentation, CAD models, changes to facilities, project documentation, maintenance and inspection plans, and operational and business KPIs.
This helps to visualize, manage and share projects with stakeholders on a single platform, as well as allowing for dynamic collaboration. Virtual inspections can happen anytime, anywhere, and the use of BIM and Point Cloud allow for design and planning of modifications.