Practical Risk Management for EPC / Design-Build Projects. Walter A. Salmon

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Practical Risk Management for EPC / Design-Build Projects - Walter A. Salmon


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      Table of Contents

      1  Cover

      2  Foreword

      3  Preface

      4  Acknowledgements

      5  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

      6  Chapter 2: Construction Project Implementation Routes 2.1 Different Approaches 2.2 Traditional Contracting Approach 2.3 Design-Build Approach 2.4 EPC Approach 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

      7  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 3.9 Forging an Integrated Implementation Team 3.10 Allocating Responsibility for Handling Risks Notes

      8  Chapter 4: EPC Project Pre-Implementation Problems 4.1 Bidding Process Pitfalls 4.2 Failure to Embrace Lessons Learnt 4.3 Failure to Understand Contract Terms 4.4 Qualifications, Deviations and Exceptions List 4.5 False Management Resourcing Plan 4.6 Underestimating the Costs 4.7 Conceptual Design Bid Pricing Problems 4.8 Agreeing to Inadequate Completion Time 4.9 Reliance on Employer's Information/Data 4.10 Late Approval of CDVR 4.11 Gateway Between FEED and Detailed Design 4.12 Extended Review Period for Deliverables 4.13 Objecting to Impractical Review Process 4.14 Underestimating Equipment Procurement Packages 4.15 Rejection of Country of Origin 4.16 Responsibility for Governmental Problems 4.17 Performance Bond Early Submission 4.18 Requirement for On-Demand Bonds 4.19 Import Duty Responsibilities 4.20 Local Content Obligations Downplayed 4.21 Contractor's Bid Modifications Ignored 4.22 Relying on Carrots 4.23 Square Pegs and Round Holes 4.24 Failure to Check the Margin Notes

      9  Chapter 5: Overseas EPC Project Preparatory Work 5.1 Critical Path Identification 5.2 Setting Up Contractor's Administrative Systems 5.3 Determining Appropriate Management Structure Notes

      10  Chapter 6: Project Roles, Functions and Responsibilities 6.1 The Project Management Consultant 6.2 The Board of Directors 6.3 The Project Director 6.4 The Project Manager 6.5 The Project Controls Manager 6.6 The Project Controls Department 6.7 The Planning/Scheduling Team 6.8 The Engineering Manager 6.9 The Procurement


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