EPC Management

Overview:

Introduction:

Engineering, Procurement, and Construction (EPC) Management is a critical aspect of executing large-scale projects efficiently and successfully. This training program is designed to provide participants with a comprehensive understanding of EPC contracts and equip them with the tools to manage risks, compliance, and project deliverables effectively. 

Program Objectives:

At the end of this program, participants will be able to:

• Develop a thorough understanding of EPC contracts and their structure.

• Highlight the roles and responsibilities of stakeholders involved in EPC projects.

• Gain the tools for risk assessment and mitigation in EPC projects.

• Enhance skills in monitoring compliance with contract terms and handling contract changes.

• Promote the adoption of best practices for effective management of EPC projects.

Targeted Audience:

• Project managers and engineers involved in EPC projects.

• Contract managers and procurement specialists.

• Construction managers and supervisors.

• Legal advisors and consultants working on EPC contracts.

• Professionals seeking to enhance their knowledge of EPC project management.

Program Outline:

Unit  1:

Introduction to EPC Contracts:

• Overview and definition of EPC contracts.

• Key features and phases of an EPC project.

• Legal and regulatory frameworks governing EPC contracts.

• Common pitfalls and challenges in EPC contract execution.

Unit 2:

Roles and Responsibilities in EPC Projects:

• Identifying key stakeholders: Owners, contractors, and subcontractors.

• Defining roles and responsibilities in contract execution.

• Effective communication and coordination strategies.

• Case studies: Successful EPC project role delineation.

Unit 3:

Risk Assessment and Mitigation in EPC Projects:

• Types of risks in EPC projects (financial, operational, and legal).

• Methods for identifying and assessing risks.

• Strategies for risk allocation and mitigation.

• Tools and techniques for managing project uncertainties.

Unit 4:

Monitoring Compliance and Managing Changes:

• Techniques for ensuring adherence to contract terms.

• Tools for tracking project milestones and deliverables.

• Managing contract variations and handling disputes.

• How to draft a compliance monitoring plan.

Unit 5:

Best Practices for Effective EPC Project Management:

• How to implement project controls and performance measurement.

• Leveraging technology and software for EPC management.

• Importance for developing and maintaining strong stakeholder relationships.

• Creating a roadmap for EPC project success.