EPC projects
Monitoring and Controlling Procurements Digitally
The value of procured items in EPC (Engineering, Procurement, and Construction) projects can vary depending on project specifics, but typically, it ranges from 60% to 80% of the total project cost. Getting these procured items…
- 05 Mar 2024
Unlocking the Potential: Harnessing Artificial Intelligence for Enhanced Project Outcomes
“The market for AI in project management is projected to grow from USD 2.5 billion in 2023 to USD 5.7 billion by 2028, at a CAGR of 17.3% during the forecast period 2023 – 2028…
- 13 Jun 2023
Ensuring Compliance with an EDMS
In an EPC project, ensuring that all the regulatory requirements country have been duly followed is one of the most challenging tasks your organization will face through the course of a project. However, with an…
- 06 Jun 2023
Undisputed Change Requests in EPC projects
EPC projects are predominantly executed through the LSTM or Lump Sum Turnkey Model, especially in the Energy Sector where the scope is defined for the Contractor to execute the project within a given schedule. In…
- 28 Mar 2023
