Author(s)

Zhenwei Guo

Corresponding Author

Zhenwei Guo

Abstract

With the deepening of market-oriented reforms in China's engineering construction sector and the advancement of the "New Infrastructure" strategy, the EPC (Engineering, Procurement, and Construction) general contracting model has become a mainstream mode due to its ability to integrate resources and shorten construction periods. However, issues related to whole-process project cost management have become increasingly prominent. This paper takes the entire process of EPC project construction as its research object, aiming to analyze the key points of cost management at various stages, identify deficiencies in current management practices, and subsequently propose targeted implementation paths. Utilizing methods such as literature research and incorporating practical project experience, the study concludes that optimizing cost management requires efforts across multiple dimensions, including preliminary planning, process control, and technology integration. It provides references for enhancing the investment efficiency of EPC projects and promoting high-quality development within the industry.

Keywords

EPC Project, Whole-Process Management, Project Cost, Implementation Path, Investment Benefit