Analysis of Project Cost Management in EPC Project General Contracting Mode
In the EPC project general contracting mode,the general contractor fully contracts the design,procurement and construction of engineering project,and is responsible for the quality.Its advantages include reducing the construction period,ensuring the project quality,optimizing the resource allocation and simplifying organizational relationships.However,cost control faces difficulties,such as insufficient preliminary planning and budgeting,high risk and risk sharing problems for general contractors.In this paper,the cost control methods are proposed,including standardizing the preliminary design and budget estimate preparation,performing well in construction management,diversifying risks to control procurement costs,and formulating risk management countermeasures,so as to achieve effective cost control and smooth progress of the project.