Engineering, Procurement, & Construction Management (EPCM) Market Looks Bright with the Rising Focus on Oil and Manufacturing Industry, Trends by 2024
Engineering, Procurement, and Construction Management (EPCM) is an explicit practice of contracting procedure. Here, the engineering, procurement, and construction contractor is entrusted with all the activities related to a project, from procurement, design, and construction, to delivery of the project to the customer or end-user. In an engineering, procurement, and construction management arrangement, the client selects a freelancer who offers "management services" for the entire project of the client. The contractor coordinates all design, construction, and procurement work. The contractor...
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