• Title/Summary/Keyword: EPC process

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Ineffective Factors that Lie on the Detailed Design Processes of the Major Domestic EPC Companies (EPC업체의 상세설계 프로세스상의 문제점 분석)

  • Goh, Yoon-Hyuck;Cha, Hun-Ju;Chin, Mee-Youn;Choi, Jong-Soo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2006.11a
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    • pp.155-158
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    • 2006
  • This study aims to uncover the problems that are embedded on the detailed design processes of the major domestic EPC companies. To set the research frame, previous studies were analyzed and interviews were conducted for the industry experts. To draw fundamental factors that may affect on the effectiveness of detailed design processes, questionnaire surveys were conducted to those who involved in detailed design and who have design experiences. Analysis results indicated that there are rooms for improvement on the detailed design processes. This study will be a guidance for future researches that must be followed.

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Development of Review Processes and Tools for Liquidated Damages for EPC/Turnkey Project: Contractor's Perspective

  • Hahn, Ki Jeong;Lee, Eul-Bum;Kim, Young Ho
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.718-719
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    • 2015
  • As a recent global trend, the majority of plant projects are delivered through EPC or EPC-turnkey contracts, where a contractor's liability is more complicated because of the mega size scale and financing method. Previous researches have been lacking a practical usability for project members for liabilities of contracts. Those were focused on solving the claims or schedule calculation issues only. The objective of the present study was to develop a validation process for LDs (liquidated damages) in contractor's liabilities with various case studies and expert judgments. As summarized in this paper, the processes and tools were developed with project life cycle process. The project preparation phase includes 3 step check lists to determine the Go or No-go for projects. In progress phase, contractors should focus on the response strategies for claims with liabilities. The study concludes that those developed processes and tools will help to manage risk of LDs for the contractors in the overseas projects.

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Development of Integrated Cost-Schedule Management Guidelines for EPC Modular Projects (EPC 모듈러 프로젝트의 원가·공정 통합연계관리 지침서 개발)

  • Kim, Donghee;Ha, Minhui;Choi, Jaehyun
    • Korean Journal of Construction Engineering and Management
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    • v.21 no.3
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    • pp.76-84
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    • 2020
  • The rate of application of the modular plant in the plant industry is increasing, and for the success of the modularization projects, it is essential to develop and implement a systemized methodology across all phases of the project. However, Korean EPC firms lack project management capability when it comes to apply standardized methodology. Therefore, it is important to establish and systematize the cost/schedule integrated management method which are the two core elements of project management technology. This study was conducted to develop a methodology and guidelines for integrated management process for modular plant projects. The researchers developed a methodology for planning and managing cost and schedule, and integrated by module unit. Integrated cost and schedule methodology and guidelines developed can be used for various EPC modular plant projects to enhance the efficiency of project management.

Application of Big Data and Machine-learning (ML) Technology to Mitigate Contractor's Design Risks for Engineering, Procurement, and Construction (EPC) Projects

  • Choi, Seong-Jun;Choi, So-Won;Park, Min-Ji;Lee, Eul-Bum
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.823-830
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    • 2022
  • The risk of project execution increases due to the enlargement and complexity of Engineering, Procurement, and Construction (EPC) plant projects. In the fourth industrial revolution era, there is an increasing need to utilize a large amount of data generated during project execution. The design is a key element for the success of the EPC plant project. Although the design cost is about 5% of the total EPC project cost, it is a critical process that affects the entire subsequent process, such as construction, installation, and operation & maintenance (O&M). This study aims to develop a system using machine-learning (ML) techniques to predict risks and support decision-making based on big data generated in an EPC project's design and construction stages. As a result, three main modules were developed: (M1) the design cost estimation module, (M2) the design error check module, and (M3) the change order forecasting module. M1 estimated design cost based on project data such as contract amount, construction period, total design cost, and man-hour (M/H). M2 and M3 are applications for predicting the severity of schedule delay and cost over-run due to design errors and change orders through unstructured text data extracted from engineering documents. A validation test was performed through a case study to verify the model applied to each module. It is expected to improve the risk response capability of EPC contractors in the design and construction stage through this study.

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Information Breakdown Structure of Engineering Phase for Plant Project through Business Analysis (산업설비 업무 분석을 통한 설계단계 정보 분류체계)

  • Song, Young-Woongl;Cho, Hang-Min;Choi, Yoon-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.3-15
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    • 2009
  • Recently, it has increased projects in the Oil and Gas industry as growing plant of overseas construction market. Therefore, domestic companies need to set some aggressive plans up that secure competitiveness of international plant business such as enhancing productivity, technological ability and statistical management. Specifically in the Oil and Gas industry of overseas plant business requires implying information in EPC (Engineering, Procurement and Construction, below EPC) more, but it has not been suggested an appropriate breakdown system for contents that manages the information each EPC phase, which lead to problems such as revision of design document, occurring duplicated work and omissions of each participant. For these problems, we find market share decreasing and competitiveness running down. Thus, for increasing practical use of contents management system and construction industry's information, this paper suggests a contents breakdown system based on BPM (Business Process Management), defines business process and systematizing knowledge needed, and finally analyzing contents information that establish information among industrial facilities in Design phase which is the weakest part of domestic companies.

Framework for Supporting Business Services based on the EPC Network (EPC Network 기반의 비즈니스 서비스 지원을 위한 프레임워크)

  • Nam, Tae-Woo;Yeom, Keun-Hyuk
    • The KIPS Transactions:PartD
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    • v.17D no.3
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    • pp.193-202
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    • 2010
  • Recently, there have been several researches on automatic object identification and distributed computing technology to realize a ubiquitous computing environment. Radio Frequency IDentification (RFID) technology has been applied to many business areas to simplify complex processes and gain important benefits. To derive real benefits from RFID, the system must rapidly implement functions to process a large quantity of event data generated by the RFID operations and should be configured dynamically for changing businesses. Consequently, developers are forced to implement systems to derive meaningful high-level events from simple RFID events and bind them to various business processes. Although applications could directly consume and act on RFID events, extracting the business rules from the business logic leads to better decoupling of the system, which consequentially increases maintainability. In this paper, we describe an RFID business aware framework for business processes in the Electronic Product Code (EPC) Network. This framework is proposed for developing business applications using business services. The term "business services" refers to generated events that can be used in business applications without additional data collection and processing. The framework provides business rules related to data collection, processing, and management, and supports the rapid development and easy maintenance of business applications based on business services.

Design of an EPC Model using Process Prediction (공정 예측을 통한 기술공정관리도(EPC)설계)

  • 김종걸;정해운
    • Proceedings of the Safety Management and Science Conference
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    • 2000.11a
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    • pp.203-216
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    • 2000
  • In this paper, we Investigate rationales for feedback adjustment using some techniques associated with automatic process control based on some nonstatioary disturbance models. Feedback-control schemes are often operated so that the nature of the disturbance that is being compensated is concealed and unusual deviations from the target cannot be taken account of. In this connection feedback control schemes is useful to extend the idea of common causes and special causes to such systems. Minimum-cost feedback schemes are discussed for some simple ,but practically interesting ,models.

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A Study on Process Adjust Model by First-order Autoregressed Disturbance with Theory (이론적 일계자기회귀각란에 의한 공정조절모형에 관한연구)

  • Jung Hae-Woon
    • Proceedings of the Safety Management and Science Conference
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    • 2004.11a
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    • pp.453-457
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    • 2004
  • EPC seeks to minimize variability by transferring the output variable to a related process input(controllable) variable. In the case of product control, a very reasonable objective is to try to minimize the variance of the output deviations from the target or set point. We consider an alternative EPC model with first-order autoregressive disturbance.

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Process Redesign Through Dynamic Modeling (동적 모델링을 통한 업무 재설계)

  • 김희웅;김영걸
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.3
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    • pp.175-190
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    • 1997
  • Organizational change projects such as Business Process Redisign (BPR) have been perceived to incur high risk due to their high management complexity, enterprise-wide impace, and steep project cost. This research intends to reduce such risk by developing a systematic process redesign methods, called Dynamic Process Modeling (DPM) method. DPM integrates the customer-oriented business process modeling technique with computerized visual simulation technique to promote better understanding of the target process and enable performance simulation of the proposed redesign alternatives prior to actual BPR implementations. For the cusstomer-oriented process modeling, we propose Dynamic-Event Process Chain (Dynamic-EPC) extending from the conceptual customer process model, Event-Process Chain (EPC). We compare DPM with four other implementation-level process modeling methods over eight criteria and demonstrate its effectiveness by applying it to the real-world hospital BPR case.

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Economic Performance of an EWMA Chart for Monitoring MMSE-Controlled Processes

  • Lee, Jae-Heon;Yang, Wan-Youn
    • Journal of the Korean Data and Information Science Society
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    • v.15 no.2
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    • pp.285-295
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    • 2004
  • Statistical process control(SPC) and engineering process control(EPC) are two complementary strategies for quality improvement. An integrated process control(IPC) can use EPC to reduce the effect of predictable quality variations and SPC to monitor the process for detection of special causes. In this paper we assume an IMA(1,1) model as a disturbance process and an occurrence of a level shift in the process, and we consider the economic performance for applying an EWMA chart to monitor MMSE-controlled processes. The numerical results suggest that the IPC scheme in an IMA(1,1) disturbance model does not give additional advantages in the economic aspect.

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