Epc
Epc
Definition:
EPC stands for Engineering, Procurement, and Construction. It is a common form of
contracting arrangement in large-scale infrastructure and industrial projects.
Key Features:
o Turnkey solutions
Roles Breakdown:
3. Detailed Engineering
4. Procurement
5. Construction
Visual: Horizontal timeline/flow diagram showing each phase and key deliverables
Common Risks:
o Cost overruns
o Delays in schedule
o Scope creep
o Contractual safeguards
Success Drivers:
Top Challenges:
o Cross-functional coordination
o Technological integration
Emerging Trends: