How to Apply Project Management Techniques in EPC Projects

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TURCK GmbH

EDL Anlagenbau Gesellschaft mbH

ProMinent GmbH

Reduction in Capital Costs

Modularization offers reduced capital costs, depending on the project size, location and scope. The total number of man hours is reduced on account of better productivity, lesser supervision requirement and efficient material handling. Further, delays on account of labor relations issues often encountered at site are also minimized.

Modular plants are more amenable to retrofitting and revamp. As the modules are readily movable, the complete plant can be moved to a new location. Thus, the project management of EPC projects requires a broad understanding and planning, use of technology, modularization of the packages and above all, effective management of the resources to provide a best fit for the project needs. It is only with seamless integration of effective management along with the use of technology, that projects can be executed in a faster track domain. ●

* Courteously of PROCESS India

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