Abstract

The paper selects the influencing factors of EPC project’s cost control,analyzes and constructs the model of EPC project’s cost control from the point of view of system engineering,and utilizes the integrating DEMATEL—ISM method to study the relationships between the influencing factors and their impacts on cost control. And it gets the multilevel structure model of the influencing factors of EPC project’s cost control. The results show that project construction management level, procurement system, procurement process and standards project content acceptance and project settlement basis are the direct impacting factors of EPC project’s cost control. The study provides a reference of EPC project’s enterprises to improve project management level,effectively control project cost and achieve project management objectives.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.