Engineering, Procurement, & Construction needs PPM

The Engineering, Procurement, and Construction (EPC) industry is characterized by a complex set of relationships that are required to design and build deliverables. Those deliverables may be as complex as a new office tower or a new petrochemical plant, or as simple as a sidewalk repair. Still, you have collaboration at and across many levels and organizations to get things done.

Engineering, Procurement, and Construction work features a lot of collaboration with parties that each have different goals.
EPC projects feature many different parties with complex inter-relationships and different goals

To be successful, you need project collaboration systems in place — where a system is a combination of people, processes, and technology working together. The system needs for each group in an EPC project may be different, but many of them rely on the same needs.

  • Schedule – Different levels of detail & functionality required for different parties
  • Cost Management/Controls – Budget, Baseline, Commitments, Actuals, Forecast, Incurred, Variance, Profitability, Change Requests, Earned Value, Partial Payments/ Holdbacks, and more tracking
  • Document Management / Enterprise Content Management – Different record types (drawings, specifications, letters, emails, etc.)
  • Automated Processes – HS&E Reports, RFIs, Change Requests, Document Reviews & Approvals, and more
  • Reports & Dashboards – Status/Progress, Costs, Risks, Issues, Change Requests, Resources, Deadlines, and processes
  • Integration – Integration among the systems of various parties, & integration to core business systems like Finance/Billing/ERP.

Have a look at some other project needs by role

How can Project & Portfolio Management help you?

  • IT Projects – select the right programs & projects, and get full visibility to waterfall and agile projects, as well as resources.
  • Engineering and Construction – collaborate among owner, architect, engineer, procurement, & construction teams to be successful.
  • New Product Development – select the right products and deliver them right.
  • Marketing Campaigns – an integrated marketing program is key to successful campaigns.
  • Customer Service Initiatives – customer service teams need to constantly tune processes, training, systems, and metrics.
  • Retail Projects – to thrive in the rapidly evolving retail industry, you must choose the right projects and do them right.