Management of procurement uncertainties in EPC projects-applying supply chain and critical chain concepts

Author

Jianhua, Ning ; Yeo, K.T.

Author_Institution

Sch. of Mech. & Production Eng., Nanyang Technol. Inst., Singapore

Volume

2

fYear

2000

fDate

2000

Firstpage

803

Abstract

The present practice of engineering, procurement and construction (EPC) projects in the engineering and construction industry receives many criticisms and requires substantial improvement. This paper examines the nature and characteristics of EPC projects and maps the project processes. An enhanced `to-be´ model is proposed by applying the concepts of supply chain management and critical chain project management based on the theory of constraints

Keywords

construction industry; engineering; project management; uncertainty handling; EPC projects; constraints theory; critical chain concept; critical chain project management; engineering procurement and construction projects; enhanced to-be model; procurement uncertainties management; project processes; supply chain concept; supply chain management; Construction industry; Costs; Design engineering; Engineering management; Job shop scheduling; Procurement; Project management; Supply chain management; Supply chains; Uncertainty;

fLanguage

English

Publisher

ieee

Conference_Titel

Management of Innovation and Technology, 2000. ICMIT 2000. Proceedings of the 2000 IEEE International Conference on

Print_ISBN

0-7803-6652-2

Type

conf

DOI

10.1109/ICMIT.2000.916807

Filename

916807