What does engineering, procurement, and construction management mean?
Definitions for engineering, procurement, and construction management
en·gi·neer·ing, pro·cure·ment, and con·struc·tion man·age·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word engineering, procurement, and construction management.
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Engineering, procurement, and construction management
EPCM is a common form of contracting arrangement for very large projects within the infrastructure, mining, resources and energy industries. In an EPCM arrangement, the client selects a head contractor who manages the whole project on behalf of the client. The EPCM contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. The EPCM contractor may or may not undertake actual site work. An EPCM contract is a natural progression for an EPC contractor as, if one is able to do an EPC of a project, then getting a bigger EPCM job is advantageous. It helps to tap the already present competencies while ensuring better control over the project. Also, the value of the project managed through an EPCM contract is far greater than the individual EPC contracts. Normally, an EPCM contractor completes the basic work such as site surveys, getting clearances from authorities, doing the basic engineering and preparing the site for the subcontractors. Subcontractors are chosen by the EPCM company, but they have an agreement directly with the final customer
Numerology
Chaldean Numerology
The numerical value of engineering, procurement, and construction management in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of engineering, procurement, and construction management in Pythagorean Numerology is: 7
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"engineering, procurement, and construction management." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/engineering%2C+procurement%2C+and+construction+management>.
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