Engineering, procurement, and construction (EPC)
About Engineering, procurement, and construction (EPC)
EPC
is an acronym for Engineering, Procurement and Construction in
connection with projects such as tank terminals. It is a standard term
that refers to a special form of project execution and contract design.
Why is Engineering, procurement, and construction (EPC) important?
Advantages of EPC Contracts:
• EPC contractors hold full responsibility from design to construction.
• Project Company is free from the owing risk associated with design and construction.
•
Project Company has to deal with only one contractor who is
responsible for managing other sub-contractors. This makes the project
company put their focus more on evaluating performance.
• EPC
contractors have the leverage of reducing construction costs since they
are in full control of managing design, selecting products and suppliers
Who should take the Engineering, procurement, and construction (EPC) Exam?
• Legal and Project management professionals
• Business owners
• Entrepreneurs
• Legal and Project managers and senior executives
• Legal and Project management consultants
• Professionals working in outsourced companies responsible for Engineering, procurement, and construction (EPC)
• Any professional with skills and knowledge on Engineering, procurement, and construction (EPC)
• Anyone interested in Engineering, procurement, and construction (EPC)
Engineering, procurement, and construction (EPC) Certification Course Outline
1. Engineering (Initiation, Planning, Estimating and Design
2. Procurement (Purchase, Receive, Invoice)
3. Construction (Scheduling, Project Management, Building, Closing)