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Walter A. Salmon
Practical Risk Management for EPC / Design-Build Projects
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Practical Risk Management for EPC/Design-Build Projects Manage Risks Effectively – Stop the Losses
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Foreword
Preface
Acknowledgements
Chapter 1 Introduction
1.1 The Book's Focus and Objectives
1.2 The Book's Content and Structure
1.3 Generality of Contractual Advice Given
1.4 Common Elements for Construction Projects
Notes
Chapter 2 Construction Project Implementation Routes 2.1 Different Approaches
2.2 Traditional Contracting Approach 2.2.1 Design Team's Appointment and Role
2.2.2 Employer's Participation
2.2.3 Contractor's Role and Responsibilities
2.2.4 Traditional Approach Advantages
2.2.5 Traditional Approach Disadvantages
2.3 Design-Build Approach
2.4 EPC Approach 2.4.1 EPC Project Suitability
2.4.2 Contractor's Obligations
2.4.3 Employer's Participation
2.4.4 Standard EPC Contracts Available
2.4.5 General Notes of Interest
2.5 EPCM Approach
2.6 Employers Prefer Lump-Sum Contracts
2.7 Fixed-Price Lump-Sum Contracts
2.8 Selecting the EPC Contractor
Notes
Chapter 3 EPC Project Risk Management Overview 3.1 Project Risk Management – Definition
3.2 Construction Project Hazards Abound
3.3 Importance of Project Risk Management
3.4 Corporate Risks Versus Project Risks
3.5 Greater Risks for EPC Contractors
3.6 Principal Disaster Areas on EPC Projects
3.7 Maintaining the Project Schedule
3.8 Departmental Interface Issues
3.8.1 Rework
3.8.2 Delayed Technical Bid Evaluations
3.8.3 Late Mobilisation of Procurement Team
3.8.4 Red-Line Drawings Left Too Late
3.9 Forging an Integrated Implementation Team
3.10 Allocating Responsibility for Handling Risks
Notes
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