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Data-based discussions with the EPC firm's-Customer Project Management Consulting team

Apr 24, 20241 min read

Often, the customer firm hires a project management consulting (PMC) team to oversee the work of the EPC contractor. Most of the PMC teams are biased...

Doing the right things is more important than doing things in the right way

Apr 20, 20243 min read

Once or twice a year the oil rigs are completely shut down for maintenance of associated equipment & accessories. The EPC contractors who are working...

Wise decision-making instead of just considering the low cost as criteria in EPC execution

Apr 15, 20243 min read

EPC firms spend additional money, time, and spoil relationships in many instances because their criteria for decision-making is always low cost. You...

The clarity in roles & responsibility at the top level as well as down the line — key to smooth execution in EPC firms

Apr 12, 20242 min read

Usually, EPC firms are family-owned businesses. The owners of these firms are: cost-conscious, excellent connectivity with small scale as well as...

Are you linking your procurement strategy with an appropriate construction strategy or choosing any arbitrary strategy?

Apr 11, 20242 min read

In an EPC project, there can be two procurement strategies namely - Buy all the items at the front end and get them monetized as agreed in the...

Last Mile activities are key for having smooth cash flow in EPC work

Apr 10, 20241 min read

While working for EPC contractors, I have seen that there is not focus on last-mile activities. EPC contractors are very capable of core work but the...