Compiled by Steven Mulherron & Nathalie Bechbache Stack8 Project Management and Governance Office
For Engineering, Procurement and Construction (EPC) services firms, failure to maintain communication control is not an option.
Complex operations and data requirements, coupled with highly collaborative work processes, often between multiple on-site and off-site locations rely upon robust telecommunications and collaboration tools. These communication challenges are further compounded by the scope of deliverables, schedules, and price sets.
Inability to meet prescribed performance guarantees can put the future of the project at risk. In addition, performance and scheduled liquidated damages increase costs which can potentially eliminate or negatively impact profitability.