Design Risk In EPC Projects

EPC management mode can enable enterprises to effectively integrate production elements in links like designing,procurement and construction and realize deep exchanges between links.Procurement and construction links can be introduced in the designing stage.The construction mode of the whole project is always predominated by the designing with a shortening construction cycle of engineering project,lower project cost and high quality of the project.In recent years,domestic engineering constructions are facing a rapid growth.As the most important component in the EPC mode,the designing link determines the success of the project.As to EPC enterprises,the most important part lies in the risks encountering management design.Thi s text introduces the EPC mode and engineering design risk theories and extracts research achievements on contract,procurement and financial status under EPC mode both home and abroad and finally concludes the research achievements on risks encountering designing under EPC mode both home and abroad and proposes that scholars lack researches in designing as well as introduces the corresponding research methodology.Through researches,the existing status of risk management of EPC enterprises is recognized.Factors analysis method is introduced to identify and analyze the designing risks may encounter the EPC enterprises.Then the author applies factors analysis method to figure out 18 factors which constitute the risks list from aspects of designing plan,in itiative design,construction drawing design and designing control and makes dimension reduction process and classifications to the 18 factors so as to establish a risks assessment indicators system for EPC enterprises based on factors analysis method.Then the author applies the fuzzy analytic hierarchy process and select workers,experts and scholars with rich industrial experiences to make marks on the indicators within the designing risks assessment system of EPC enterprises,determines the corresponding weights and make checks on consistency in the hierarchy process.Then the author uses fuzzy evaluation method to make assessment on the designing risks facing EPC enterprises.Finally,the author makes analysis about the concrete cases of company A in co untry C and tentatively proposes suggestions to improve designing risks management for EPC enterprises based on the results of risks recognition and cases analysis.This text applies qualitative and quantitative research methods while combining both theories and evidences.Through the introduction of dimension reduction in factors analysis method,we can better identify the designing risks management for EPC enterprises.However the establishment of designing risks assessment mode of EPC enterprises is cond ucive to the evaluation of the status of designing risk management.Through researches,the author further proposes designing strategies and plans with stronger operability and manage the designing risks facing EPC enterprises so as to reduce the designing risks facing EPC enterprises.