Construction project management based on EPC/M contracts
DOI:
https://doi.org/10.32347/2707-501x.2018.35.108-114Keywords:
owner, investing activities, construction activity, engineering company, engineering services, contractor, project, construction, management, efficiency, EPC/M-contract.Abstract
The article reveals the content and importance of applying EPC/M contracts for the implementation of construction projects, which are the most common forms of engineering contracts in the practice of the world market. The main characteristics of the contracts are described, their main differences are revealed, the positive aspects of using each of these contracts are determined. The article analyzes the problem of Ukraine’s lagging behind the developed countries in executing by domestic engineering companies EРС(M)-contracts on the implementation of construction projects.
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