Risk Analysis of Contractor under EPC General Contracting Model

 

Authors: LIU Xiao-yan (Civil Engineering of Southwest Jiaotong University)

 

Abstract

 

At present,more and more big international projects are contracted by EPC(Engineer-Procure-Construct) model. Compared with traditional contract models,the general contractors undertake more risks in the implementation process of EPC projects. So project managers should have intense risk consciousness,and learn to control and keep away from risk.

 

Source: China National Knowledge Infrastructure