EPC Contract Strategy A Complete Guide
You're under pressure. Projects are falling behind, stakeholders are demanding certainty, and your team is stretched thin. You know EPC contracts hold the key to control, profitability, and project success - but navigating their complexity without a proven roadmap leaves you vulnerable to cost overruns, disputes, and missed opportunities. What if you could confidently structure contracts that align all parties, protect margins, and ensure on-time delivery? What if you had a battle-tested framework - not theory - that guides you from confusion to clarity in every negotiation, every clause, every decision? EPC Contract Strategy A Complete Guide is that framework. This is not just another course. It’s your strategic advantage - delivering the exact methodology used by top-tier project leaders to secure contracts that win projects, retain control, and maximise returns. One contract manager in Nigeria used this guide to restructure a delayed LNG infrastructure contract, reclaiming over $4.2 million in variation claims and accelerating project closeout by six months. An engineering director in Singapore applied the risk allocation model to a $1.2B refinery expansion, avoiding a potential penalty clause worth 8% of CAPEX. This isn’t about passive learning. It’s about immediate application. You’ll go from idea to board-ready contract strategy in 30 days, equipped with tools, templates, and a step-by-step decision matrix that stakeholders will trust and audit teams will approve. Here’s how this course is structured to help you get there.Course Format & Delivery Details Self-Paced. Accessible. Guaranteed.
EPC Contract Strategy A Complete Guide is a fully self-paced, on-demand program with immediate online access. You begin the moment you enrol, with no fixed start dates, no weekly schedules, and zero time commitments. This is designed for working professionals - engineers, contract managers, project directors, and commercial leads - who need results, not rigmarole. Designed for Real-World Impact
Most learners complete the core modules in 6–8 weeks while applying each concept directly to active projects. You can see measurable strategic improvements - clause clarity, risk mitigation, negotiation leverage - within days of starting the first section. You receive lifetime access to all course materials, including future updates, revisions, and expanded templates - at no additional cost. As global contract standards evolve and new precedents emerge, you stay ahead without paying again. Access is 24/7 from any device, anywhere in the world. Whether you're on site, in the office, or travelling between projects, the content is mobile-friendly, lightweight, and built for real-time use during procurement meetings or contract reviews. Direct Support & Expert Guidance
Throughout the course, you’ll have access to structured support: curated Q&A templates, expert-reviewed decision flows, and instructor-annotated clause libraries. You’re never left guessing. Every module includes step-by-step guidance to ensure your implementation aligns with global best practices. Certificate of Completion – Validated, Recognised, Credible
Upon finishing the course, you earn a Certificate of Completion issued by The Art of Service. This certification is globally recognised, verifiable, and valued across engineering, construction, and energy sectors. It’s routinely cited in promotion dossiers, tender bids, and professional development portfolios. No Hidden Fees. No Surprises.
The pricing is straightforward with no hidden fees, subscriptions, or recurring charges. What you see is what you get - full access, full content, for life. We accept major payment methods including Visa, Mastercard, and PayPal, ensuring seamless global enrolment. Zero-Risk Enrollment with Full Money-Back Guarantee
We offer a 30-day “satisfied or refunded” guarantee. If the course doesn’t deliver measurable value, clarity, or a stronger strategic position in your EPC contract work, contact support and you’ll receive a full refund - no questions asked. After enrolment, you’ll receive a confirmation email. Your access details and course entry link will be sent separately once your materials are fully prepared and quality checked - ensuring you begin with a polished, production-ready experience. “Will This Work for Me?” - The Real Answer
This works even if you’re not a legal expert. Even if you’ve been passed poorly drafted contracts. Even if your organisation resists change. Even if you’re new to EPC or managing your first major project. Engineers, commercial leads, and project managers in Oman, Canada, Indonesia, and the UK have used this system to transform contract outcomes. A junior contract analyst in Perth used the risk mapping tool to escalate a latent defect clause in a desalination EPC deal - preventing a $750k liability. A VP of Projects in Houston credits the payment milestone framework for securing earlier cashflow across three US shale plant builds. You’re not buying theory. You’re acquiring a proven, battle-hardened system that performs under real project pressure. With lifetime access, global support, and a full money-back guarantee, there is no risk - only acceleration.
Module 1: Foundations of EPC Contract Strategy - The core principles of EPC (Engineering, Procurement, Construction) contracting
- Key stakeholders and their contractual interests in EPC projects
- Understanding full lifecycle project delivery models
- Common EPC contract structures and delivery arrangements
- Differences between lump sum, reimbursable, and hybrid contracts
- Role of specifications, schedules, and technical annexes
- Project risk ownership models in EPC
- Overview of FIDIC, NEC, and bespoke contract forms
- Phases of EPC project development and handover
- Common causes of EPC project failure and contractual breakdown
- Defining success: cost, time, quality, and compliance metrics
- Strategic alignment between contract design and project goals
- The importance of procurement strategy in EPC
- Relationship between contract strategy and commercial models
- How contract clarity reduces change orders and disputes
- Introduction to contract risk matrices and scoring
Module 2: Legal and Commercial Frameworks for EPC Contracts - Legal foundations underpinning EPC agreements
- Principles of offer, acceptance, and consideration in EPC
- Governing law and jurisdiction in international EPC contracts
- Dispute resolution mechanisms: arbitration, mediation, adjudication
- Limitation of liability and exclusion clauses
- Indemnities: scope, triggers, and enforceability
- Performance guarantees and parent company undertakings
- Insurance requirements in EPC projects
- Force majeure: definition, notification, and impact
- Termination rights and consequences
- Ownership of intellectual property and designs
- Liens and retention rights
- Confidentiality and non-disclosure obligations
- Subcontractor flow-down clauses and control mechanisms
- Back-to-back liability alignment
- Warranties, defects liability, and rectification obligations
Module 3: Risk Allocation and Management Strategies - Principles of effective risk allocation in EPC
- Identifying high-impact EPC risks: technical, schedule, cost, legal
- Risk registers and risk transfer pathways
- Developing a risk-based contract negotiation plan
- Allocating design, construction, and interface risks
- Weather, site conditions, and unforeseen ground risks
- Float ownership and delay analysis models
- Force account work and cost estimation principles
- Price escalation and inflation protection mechanisms
- Currency risk and exchange rate fluctuation management
- Political and regulatory risk mitigation in cross-border EPC
- Third-party approvals and permit delays
- Supply chain disruption and material availability
- Labour availability and productivity risk
- Technology failure and design validation
- Risk matrix scoring and risk appetite alignment
Module 4: Contract Types and Selection Criteria - Lump sum turnkey (LSTK): advantages and limitations
- Reimbursable contracts with fee structures
- Target cost contracts and gain share mechanisms
- Unit rate contracts in EPC settings
- Hybrid models: combining lump sum and reimbursable elements
- FIDIC Red, Yellow, Silver Book applications
- NEC4 ECC and option clauses for EPC
- Custom contract drafting vs. standard forms
- Selecting the right contract type by project phase
- Assessing organisational capability and risk tolerance
- Incentive structures and performance bonuses
- Cost transparency and audit rights
- Client involvement and oversight rights
- Contractor autonomy and execution control
- Fit-for-purpose contract selection framework
- Aligning contract type with procurement strategy
Module 5: Clause Analysis and Strategic Drafting - Deconstructing EPC clauses for strategic intent
- Mastering the scope of work specification
- Defining clear acceptance criteria and performance tests
- Time for completion and milestone management
- Delay damages and liquidated damages frameworks
- Extensions of time: valid causes and documentation
- Change order procedures and variation management
- Valuation of changes and cost determination
- Payment terms and milestone billing
- Retention, holdback, and release mechanisms
- Advance payment arrangements and guarantees
- Performance security and bonds
- Testing, commissioning, and handover protocols
- Defects notification and rectification timelines
- Obligations during defects liability period
- Final acceptance and project closure
Module 6: Procurement and Bid Evaluation Strategy - Developing a procurement strategy aligned with EPC goals
- Request for Proposal (RFP) design and structure
- Prequalification criteria for EPC contractors
- Bidder conferences and clarification processes
- Evaluating technical, commercial, and risk proposals
- Weighted scoring models for contractor selection
- Assessing contractor track record and financial health
- Reviewing subcontractor lists and key personnel CVs
- Evaluation of project execution plans
- HSE, quality, and sustainability compliance
- Bid compliance and mandatory requirements
- Commercial negotiation pre-award
- Due diligence on bidders
- Managing conflicts of interest in procurement
- Post-qualification and award decision matrices
- Creating a defensible award justification file
Module 7: Negotiation Strategy and Commercial Leverage - Building negotiation leverage through preparation
- Identifying BATNA and reservation points
- Understanding the other party’s drivers and pressures
- Using risk allocation as a negotiation tool
- Framing high-value concessions strategically
- Improving contractual terms without increasing cost
- Managing escalation paths during negotiation
- Drafting counterproposals with precision
- Use of side letters and agreed minutes
- Aligning legal, commercial, and technical teams
- Managing internal stakeholder expectations
- Timing and sequencing of negotiation topics
- Documenting agreed positions and red lines
- Using precedent and market benchmarks
- Negotiation playbook development
- Closeout and formal contract execution
Module 8: Performance Monitoring and Contract Control - Contract administration roles and responsibilities
- Key performance indicators for EPC contracts
- Schedule monitoring and critical path analysis
- Cost tracking and variance reporting
- Scope compliance and change control logs
- Document control and version management
- Meeting minutes and action tracking
- Notice protocols and time-bar clauses
- Managing day-to-day correspondence
- Record keeping for dispute avoidance
- Progress measurement and earned value techniques
- Payment certification processes
- Performance evaluations and contractor scoring
- Early warning systems for risks
- Managing interface issues between contractors
- Reporting structures for senior management
Module 9: Claims and Dispute Avoidance - Best practices for claims prevention
- Understanding the claims mindset
- Clear documentation requirements for claims
- Time-bar and notice obligation compliance
- Building defensible positions proactively
- Analyzing extension of time claims
- Assessing cost claims and substantiation
- Delay analysis methods: as-planned vs as-built, windows analysis
- Concurrent delay and apportionment principles
- Entitlement vs quantum separation
- Proactive claims auditing and response planning
- Settlement strategies and value-based resolution
- Managing third-party experts and forensic analysts
- Preserving privilege and legal protection
- Internal governance for claims approval
- Dispute resolution ladder models
Module 10: Advanced EPC Scenarios and Complex Projects - Multi-contractor EPC environments and interface management
- Joint ventures and consortium contracting
- Leadership roles in multi-party EPC deals
- Risk sharing in joint venture agreements
- Back-to-back contract alignment in complex chains
- Interface specifications and responsibility matrices
- Owner’s engineer role and oversight authority
- EPCM vs EPC: understanding the differences
- Early contractor involvement (ECI) models
- Limited notice to proceed and early work authorisations
- Phased development and staged contracting
- Front-end engineering design (FEED) handover to EPC
- Technology licensor involvement in EPC
- Financing and lending party requirements
- Security package and step-in rights
- Long lead items and procurement timing
Module 11: Sector-Specific EPC Applications - Oil and gas EPC: high-risk environments and safety standards
- Petrochemical plants and process safety integration
- Power generation: thermal, gas, and combined cycle projects
- Renewables: solar, wind, and hybrid EPC models
- Desalination and water treatment plants
- Mining and mineral processing facilities
- Infrastructure: roads, rail, and transit systems
- Chemicals and specialty manufacturing
- Pharmaceutical and biotech facilities
- Data centres and critical infrastructure
- Refinery turnaround and revamp projects
- Modular and offsite construction integration
- High voltage transmission and grid connections
- Port and terminal development EPC
- Hospital and healthcare facility construction
- Regional variations in EPC practice and expectations
Module 12: Tools, Templates, and Implementation Frameworks - Customisable EPC contract checklist
- Risk allocation decision matrix
- Contract clause scoring tool
- Bid evaluation scorecard template
- RFP template with mandatory requirements
- Change order form and approval workflow
- Extension of time justification pack
- Defects tracking register
- Payment certification form
- Meeting minutes and action tracker
- Document control log
- Claims preparation pack
- Negotiation position paper template
- Procurement plan calendar
- Handover completion certificate
- Project closeout audit checklist
Module 13: Case Study Applications and Real-World Projects - Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- The core principles of EPC (Engineering, Procurement, Construction) contracting
- Key stakeholders and their contractual interests in EPC projects
- Understanding full lifecycle project delivery models
- Common EPC contract structures and delivery arrangements
- Differences between lump sum, reimbursable, and hybrid contracts
- Role of specifications, schedules, and technical annexes
- Project risk ownership models in EPC
- Overview of FIDIC, NEC, and bespoke contract forms
- Phases of EPC project development and handover
- Common causes of EPC project failure and contractual breakdown
- Defining success: cost, time, quality, and compliance metrics
- Strategic alignment between contract design and project goals
- The importance of procurement strategy in EPC
- Relationship between contract strategy and commercial models
- How contract clarity reduces change orders and disputes
- Introduction to contract risk matrices and scoring
Module 2: Legal and Commercial Frameworks for EPC Contracts - Legal foundations underpinning EPC agreements
- Principles of offer, acceptance, and consideration in EPC
- Governing law and jurisdiction in international EPC contracts
- Dispute resolution mechanisms: arbitration, mediation, adjudication
- Limitation of liability and exclusion clauses
- Indemnities: scope, triggers, and enforceability
- Performance guarantees and parent company undertakings
- Insurance requirements in EPC projects
- Force majeure: definition, notification, and impact
- Termination rights and consequences
- Ownership of intellectual property and designs
- Liens and retention rights
- Confidentiality and non-disclosure obligations
- Subcontractor flow-down clauses and control mechanisms
- Back-to-back liability alignment
- Warranties, defects liability, and rectification obligations
Module 3: Risk Allocation and Management Strategies - Principles of effective risk allocation in EPC
- Identifying high-impact EPC risks: technical, schedule, cost, legal
- Risk registers and risk transfer pathways
- Developing a risk-based contract negotiation plan
- Allocating design, construction, and interface risks
- Weather, site conditions, and unforeseen ground risks
- Float ownership and delay analysis models
- Force account work and cost estimation principles
- Price escalation and inflation protection mechanisms
- Currency risk and exchange rate fluctuation management
- Political and regulatory risk mitigation in cross-border EPC
- Third-party approvals and permit delays
- Supply chain disruption and material availability
- Labour availability and productivity risk
- Technology failure and design validation
- Risk matrix scoring and risk appetite alignment
Module 4: Contract Types and Selection Criteria - Lump sum turnkey (LSTK): advantages and limitations
- Reimbursable contracts with fee structures
- Target cost contracts and gain share mechanisms
- Unit rate contracts in EPC settings
- Hybrid models: combining lump sum and reimbursable elements
- FIDIC Red, Yellow, Silver Book applications
- NEC4 ECC and option clauses for EPC
- Custom contract drafting vs. standard forms
- Selecting the right contract type by project phase
- Assessing organisational capability and risk tolerance
- Incentive structures and performance bonuses
- Cost transparency and audit rights
- Client involvement and oversight rights
- Contractor autonomy and execution control
- Fit-for-purpose contract selection framework
- Aligning contract type with procurement strategy
Module 5: Clause Analysis and Strategic Drafting - Deconstructing EPC clauses for strategic intent
- Mastering the scope of work specification
- Defining clear acceptance criteria and performance tests
- Time for completion and milestone management
- Delay damages and liquidated damages frameworks
- Extensions of time: valid causes and documentation
- Change order procedures and variation management
- Valuation of changes and cost determination
- Payment terms and milestone billing
- Retention, holdback, and release mechanisms
- Advance payment arrangements and guarantees
- Performance security and bonds
- Testing, commissioning, and handover protocols
- Defects notification and rectification timelines
- Obligations during defects liability period
- Final acceptance and project closure
Module 6: Procurement and Bid Evaluation Strategy - Developing a procurement strategy aligned with EPC goals
- Request for Proposal (RFP) design and structure
- Prequalification criteria for EPC contractors
- Bidder conferences and clarification processes
- Evaluating technical, commercial, and risk proposals
- Weighted scoring models for contractor selection
- Assessing contractor track record and financial health
- Reviewing subcontractor lists and key personnel CVs
- Evaluation of project execution plans
- HSE, quality, and sustainability compliance
- Bid compliance and mandatory requirements
- Commercial negotiation pre-award
- Due diligence on bidders
- Managing conflicts of interest in procurement
- Post-qualification and award decision matrices
- Creating a defensible award justification file
Module 7: Negotiation Strategy and Commercial Leverage - Building negotiation leverage through preparation
- Identifying BATNA and reservation points
- Understanding the other party’s drivers and pressures
- Using risk allocation as a negotiation tool
- Framing high-value concessions strategically
- Improving contractual terms without increasing cost
- Managing escalation paths during negotiation
- Drafting counterproposals with precision
- Use of side letters and agreed minutes
- Aligning legal, commercial, and technical teams
- Managing internal stakeholder expectations
- Timing and sequencing of negotiation topics
- Documenting agreed positions and red lines
- Using precedent and market benchmarks
- Negotiation playbook development
- Closeout and formal contract execution
Module 8: Performance Monitoring and Contract Control - Contract administration roles and responsibilities
- Key performance indicators for EPC contracts
- Schedule monitoring and critical path analysis
- Cost tracking and variance reporting
- Scope compliance and change control logs
- Document control and version management
- Meeting minutes and action tracking
- Notice protocols and time-bar clauses
- Managing day-to-day correspondence
- Record keeping for dispute avoidance
- Progress measurement and earned value techniques
- Payment certification processes
- Performance evaluations and contractor scoring
- Early warning systems for risks
- Managing interface issues between contractors
- Reporting structures for senior management
Module 9: Claims and Dispute Avoidance - Best practices for claims prevention
- Understanding the claims mindset
- Clear documentation requirements for claims
- Time-bar and notice obligation compliance
- Building defensible positions proactively
- Analyzing extension of time claims
- Assessing cost claims and substantiation
- Delay analysis methods: as-planned vs as-built, windows analysis
- Concurrent delay and apportionment principles
- Entitlement vs quantum separation
- Proactive claims auditing and response planning
- Settlement strategies and value-based resolution
- Managing third-party experts and forensic analysts
- Preserving privilege and legal protection
- Internal governance for claims approval
- Dispute resolution ladder models
Module 10: Advanced EPC Scenarios and Complex Projects - Multi-contractor EPC environments and interface management
- Joint ventures and consortium contracting
- Leadership roles in multi-party EPC deals
- Risk sharing in joint venture agreements
- Back-to-back contract alignment in complex chains
- Interface specifications and responsibility matrices
- Owner’s engineer role and oversight authority
- EPCM vs EPC: understanding the differences
- Early contractor involvement (ECI) models
- Limited notice to proceed and early work authorisations
- Phased development and staged contracting
- Front-end engineering design (FEED) handover to EPC
- Technology licensor involvement in EPC
- Financing and lending party requirements
- Security package and step-in rights
- Long lead items and procurement timing
Module 11: Sector-Specific EPC Applications - Oil and gas EPC: high-risk environments and safety standards
- Petrochemical plants and process safety integration
- Power generation: thermal, gas, and combined cycle projects
- Renewables: solar, wind, and hybrid EPC models
- Desalination and water treatment plants
- Mining and mineral processing facilities
- Infrastructure: roads, rail, and transit systems
- Chemicals and specialty manufacturing
- Pharmaceutical and biotech facilities
- Data centres and critical infrastructure
- Refinery turnaround and revamp projects
- Modular and offsite construction integration
- High voltage transmission and grid connections
- Port and terminal development EPC
- Hospital and healthcare facility construction
- Regional variations in EPC practice and expectations
Module 12: Tools, Templates, and Implementation Frameworks - Customisable EPC contract checklist
- Risk allocation decision matrix
- Contract clause scoring tool
- Bid evaluation scorecard template
- RFP template with mandatory requirements
- Change order form and approval workflow
- Extension of time justification pack
- Defects tracking register
- Payment certification form
- Meeting minutes and action tracker
- Document control log
- Claims preparation pack
- Negotiation position paper template
- Procurement plan calendar
- Handover completion certificate
- Project closeout audit checklist
Module 13: Case Study Applications and Real-World Projects - Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- Principles of effective risk allocation in EPC
- Identifying high-impact EPC risks: technical, schedule, cost, legal
- Risk registers and risk transfer pathways
- Developing a risk-based contract negotiation plan
- Allocating design, construction, and interface risks
- Weather, site conditions, and unforeseen ground risks
- Float ownership and delay analysis models
- Force account work and cost estimation principles
- Price escalation and inflation protection mechanisms
- Currency risk and exchange rate fluctuation management
- Political and regulatory risk mitigation in cross-border EPC
- Third-party approvals and permit delays
- Supply chain disruption and material availability
- Labour availability and productivity risk
- Technology failure and design validation
- Risk matrix scoring and risk appetite alignment
Module 4: Contract Types and Selection Criteria - Lump sum turnkey (LSTK): advantages and limitations
- Reimbursable contracts with fee structures
- Target cost contracts and gain share mechanisms
- Unit rate contracts in EPC settings
- Hybrid models: combining lump sum and reimbursable elements
- FIDIC Red, Yellow, Silver Book applications
- NEC4 ECC and option clauses for EPC
- Custom contract drafting vs. standard forms
- Selecting the right contract type by project phase
- Assessing organisational capability and risk tolerance
- Incentive structures and performance bonuses
- Cost transparency and audit rights
- Client involvement and oversight rights
- Contractor autonomy and execution control
- Fit-for-purpose contract selection framework
- Aligning contract type with procurement strategy
Module 5: Clause Analysis and Strategic Drafting - Deconstructing EPC clauses for strategic intent
- Mastering the scope of work specification
- Defining clear acceptance criteria and performance tests
- Time for completion and milestone management
- Delay damages and liquidated damages frameworks
- Extensions of time: valid causes and documentation
- Change order procedures and variation management
- Valuation of changes and cost determination
- Payment terms and milestone billing
- Retention, holdback, and release mechanisms
- Advance payment arrangements and guarantees
- Performance security and bonds
- Testing, commissioning, and handover protocols
- Defects notification and rectification timelines
- Obligations during defects liability period
- Final acceptance and project closure
Module 6: Procurement and Bid Evaluation Strategy - Developing a procurement strategy aligned with EPC goals
- Request for Proposal (RFP) design and structure
- Prequalification criteria for EPC contractors
- Bidder conferences and clarification processes
- Evaluating technical, commercial, and risk proposals
- Weighted scoring models for contractor selection
- Assessing contractor track record and financial health
- Reviewing subcontractor lists and key personnel CVs
- Evaluation of project execution plans
- HSE, quality, and sustainability compliance
- Bid compliance and mandatory requirements
- Commercial negotiation pre-award
- Due diligence on bidders
- Managing conflicts of interest in procurement
- Post-qualification and award decision matrices
- Creating a defensible award justification file
Module 7: Negotiation Strategy and Commercial Leverage - Building negotiation leverage through preparation
- Identifying BATNA and reservation points
- Understanding the other party’s drivers and pressures
- Using risk allocation as a negotiation tool
- Framing high-value concessions strategically
- Improving contractual terms without increasing cost
- Managing escalation paths during negotiation
- Drafting counterproposals with precision
- Use of side letters and agreed minutes
- Aligning legal, commercial, and technical teams
- Managing internal stakeholder expectations
- Timing and sequencing of negotiation topics
- Documenting agreed positions and red lines
- Using precedent and market benchmarks
- Negotiation playbook development
- Closeout and formal contract execution
Module 8: Performance Monitoring and Contract Control - Contract administration roles and responsibilities
- Key performance indicators for EPC contracts
- Schedule monitoring and critical path analysis
- Cost tracking and variance reporting
- Scope compliance and change control logs
- Document control and version management
- Meeting minutes and action tracking
- Notice protocols and time-bar clauses
- Managing day-to-day correspondence
- Record keeping for dispute avoidance
- Progress measurement and earned value techniques
- Payment certification processes
- Performance evaluations and contractor scoring
- Early warning systems for risks
- Managing interface issues between contractors
- Reporting structures for senior management
Module 9: Claims and Dispute Avoidance - Best practices for claims prevention
- Understanding the claims mindset
- Clear documentation requirements for claims
- Time-bar and notice obligation compliance
- Building defensible positions proactively
- Analyzing extension of time claims
- Assessing cost claims and substantiation
- Delay analysis methods: as-planned vs as-built, windows analysis
- Concurrent delay and apportionment principles
- Entitlement vs quantum separation
- Proactive claims auditing and response planning
- Settlement strategies and value-based resolution
- Managing third-party experts and forensic analysts
- Preserving privilege and legal protection
- Internal governance for claims approval
- Dispute resolution ladder models
Module 10: Advanced EPC Scenarios and Complex Projects - Multi-contractor EPC environments and interface management
- Joint ventures and consortium contracting
- Leadership roles in multi-party EPC deals
- Risk sharing in joint venture agreements
- Back-to-back contract alignment in complex chains
- Interface specifications and responsibility matrices
- Owner’s engineer role and oversight authority
- EPCM vs EPC: understanding the differences
- Early contractor involvement (ECI) models
- Limited notice to proceed and early work authorisations
- Phased development and staged contracting
- Front-end engineering design (FEED) handover to EPC
- Technology licensor involvement in EPC
- Financing and lending party requirements
- Security package and step-in rights
- Long lead items and procurement timing
Module 11: Sector-Specific EPC Applications - Oil and gas EPC: high-risk environments and safety standards
- Petrochemical plants and process safety integration
- Power generation: thermal, gas, and combined cycle projects
- Renewables: solar, wind, and hybrid EPC models
- Desalination and water treatment plants
- Mining and mineral processing facilities
- Infrastructure: roads, rail, and transit systems
- Chemicals and specialty manufacturing
- Pharmaceutical and biotech facilities
- Data centres and critical infrastructure
- Refinery turnaround and revamp projects
- Modular and offsite construction integration
- High voltage transmission and grid connections
- Port and terminal development EPC
- Hospital and healthcare facility construction
- Regional variations in EPC practice and expectations
Module 12: Tools, Templates, and Implementation Frameworks - Customisable EPC contract checklist
- Risk allocation decision matrix
- Contract clause scoring tool
- Bid evaluation scorecard template
- RFP template with mandatory requirements
- Change order form and approval workflow
- Extension of time justification pack
- Defects tracking register
- Payment certification form
- Meeting minutes and action tracker
- Document control log
- Claims preparation pack
- Negotiation position paper template
- Procurement plan calendar
- Handover completion certificate
- Project closeout audit checklist
Module 13: Case Study Applications and Real-World Projects - Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- Deconstructing EPC clauses for strategic intent
- Mastering the scope of work specification
- Defining clear acceptance criteria and performance tests
- Time for completion and milestone management
- Delay damages and liquidated damages frameworks
- Extensions of time: valid causes and documentation
- Change order procedures and variation management
- Valuation of changes and cost determination
- Payment terms and milestone billing
- Retention, holdback, and release mechanisms
- Advance payment arrangements and guarantees
- Performance security and bonds
- Testing, commissioning, and handover protocols
- Defects notification and rectification timelines
- Obligations during defects liability period
- Final acceptance and project closure
Module 6: Procurement and Bid Evaluation Strategy - Developing a procurement strategy aligned with EPC goals
- Request for Proposal (RFP) design and structure
- Prequalification criteria for EPC contractors
- Bidder conferences and clarification processes
- Evaluating technical, commercial, and risk proposals
- Weighted scoring models for contractor selection
- Assessing contractor track record and financial health
- Reviewing subcontractor lists and key personnel CVs
- Evaluation of project execution plans
- HSE, quality, and sustainability compliance
- Bid compliance and mandatory requirements
- Commercial negotiation pre-award
- Due diligence on bidders
- Managing conflicts of interest in procurement
- Post-qualification and award decision matrices
- Creating a defensible award justification file
Module 7: Negotiation Strategy and Commercial Leverage - Building negotiation leverage through preparation
- Identifying BATNA and reservation points
- Understanding the other party’s drivers and pressures
- Using risk allocation as a negotiation tool
- Framing high-value concessions strategically
- Improving contractual terms without increasing cost
- Managing escalation paths during negotiation
- Drafting counterproposals with precision
- Use of side letters and agreed minutes
- Aligning legal, commercial, and technical teams
- Managing internal stakeholder expectations
- Timing and sequencing of negotiation topics
- Documenting agreed positions and red lines
- Using precedent and market benchmarks
- Negotiation playbook development
- Closeout and formal contract execution
Module 8: Performance Monitoring and Contract Control - Contract administration roles and responsibilities
- Key performance indicators for EPC contracts
- Schedule monitoring and critical path analysis
- Cost tracking and variance reporting
- Scope compliance and change control logs
- Document control and version management
- Meeting minutes and action tracking
- Notice protocols and time-bar clauses
- Managing day-to-day correspondence
- Record keeping for dispute avoidance
- Progress measurement and earned value techniques
- Payment certification processes
- Performance evaluations and contractor scoring
- Early warning systems for risks
- Managing interface issues between contractors
- Reporting structures for senior management
Module 9: Claims and Dispute Avoidance - Best practices for claims prevention
- Understanding the claims mindset
- Clear documentation requirements for claims
- Time-bar and notice obligation compliance
- Building defensible positions proactively
- Analyzing extension of time claims
- Assessing cost claims and substantiation
- Delay analysis methods: as-planned vs as-built, windows analysis
- Concurrent delay and apportionment principles
- Entitlement vs quantum separation
- Proactive claims auditing and response planning
- Settlement strategies and value-based resolution
- Managing third-party experts and forensic analysts
- Preserving privilege and legal protection
- Internal governance for claims approval
- Dispute resolution ladder models
Module 10: Advanced EPC Scenarios and Complex Projects - Multi-contractor EPC environments and interface management
- Joint ventures and consortium contracting
- Leadership roles in multi-party EPC deals
- Risk sharing in joint venture agreements
- Back-to-back contract alignment in complex chains
- Interface specifications and responsibility matrices
- Owner’s engineer role and oversight authority
- EPCM vs EPC: understanding the differences
- Early contractor involvement (ECI) models
- Limited notice to proceed and early work authorisations
- Phased development and staged contracting
- Front-end engineering design (FEED) handover to EPC
- Technology licensor involvement in EPC
- Financing and lending party requirements
- Security package and step-in rights
- Long lead items and procurement timing
Module 11: Sector-Specific EPC Applications - Oil and gas EPC: high-risk environments and safety standards
- Petrochemical plants and process safety integration
- Power generation: thermal, gas, and combined cycle projects
- Renewables: solar, wind, and hybrid EPC models
- Desalination and water treatment plants
- Mining and mineral processing facilities
- Infrastructure: roads, rail, and transit systems
- Chemicals and specialty manufacturing
- Pharmaceutical and biotech facilities
- Data centres and critical infrastructure
- Refinery turnaround and revamp projects
- Modular and offsite construction integration
- High voltage transmission and grid connections
- Port and terminal development EPC
- Hospital and healthcare facility construction
- Regional variations in EPC practice and expectations
Module 12: Tools, Templates, and Implementation Frameworks - Customisable EPC contract checklist
- Risk allocation decision matrix
- Contract clause scoring tool
- Bid evaluation scorecard template
- RFP template with mandatory requirements
- Change order form and approval workflow
- Extension of time justification pack
- Defects tracking register
- Payment certification form
- Meeting minutes and action tracker
- Document control log
- Claims preparation pack
- Negotiation position paper template
- Procurement plan calendar
- Handover completion certificate
- Project closeout audit checklist
Module 13: Case Study Applications and Real-World Projects - Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- Building negotiation leverage through preparation
- Identifying BATNA and reservation points
- Understanding the other party’s drivers and pressures
- Using risk allocation as a negotiation tool
- Framing high-value concessions strategically
- Improving contractual terms without increasing cost
- Managing escalation paths during negotiation
- Drafting counterproposals with precision
- Use of side letters and agreed minutes
- Aligning legal, commercial, and technical teams
- Managing internal stakeholder expectations
- Timing and sequencing of negotiation topics
- Documenting agreed positions and red lines
- Using precedent and market benchmarks
- Negotiation playbook development
- Closeout and formal contract execution
Module 8: Performance Monitoring and Contract Control - Contract administration roles and responsibilities
- Key performance indicators for EPC contracts
- Schedule monitoring and critical path analysis
- Cost tracking and variance reporting
- Scope compliance and change control logs
- Document control and version management
- Meeting minutes and action tracking
- Notice protocols and time-bar clauses
- Managing day-to-day correspondence
- Record keeping for dispute avoidance
- Progress measurement and earned value techniques
- Payment certification processes
- Performance evaluations and contractor scoring
- Early warning systems for risks
- Managing interface issues between contractors
- Reporting structures for senior management
Module 9: Claims and Dispute Avoidance - Best practices for claims prevention
- Understanding the claims mindset
- Clear documentation requirements for claims
- Time-bar and notice obligation compliance
- Building defensible positions proactively
- Analyzing extension of time claims
- Assessing cost claims and substantiation
- Delay analysis methods: as-planned vs as-built, windows analysis
- Concurrent delay and apportionment principles
- Entitlement vs quantum separation
- Proactive claims auditing and response planning
- Settlement strategies and value-based resolution
- Managing third-party experts and forensic analysts
- Preserving privilege and legal protection
- Internal governance for claims approval
- Dispute resolution ladder models
Module 10: Advanced EPC Scenarios and Complex Projects - Multi-contractor EPC environments and interface management
- Joint ventures and consortium contracting
- Leadership roles in multi-party EPC deals
- Risk sharing in joint venture agreements
- Back-to-back contract alignment in complex chains
- Interface specifications and responsibility matrices
- Owner’s engineer role and oversight authority
- EPCM vs EPC: understanding the differences
- Early contractor involvement (ECI) models
- Limited notice to proceed and early work authorisations
- Phased development and staged contracting
- Front-end engineering design (FEED) handover to EPC
- Technology licensor involvement in EPC
- Financing and lending party requirements
- Security package and step-in rights
- Long lead items and procurement timing
Module 11: Sector-Specific EPC Applications - Oil and gas EPC: high-risk environments and safety standards
- Petrochemical plants and process safety integration
- Power generation: thermal, gas, and combined cycle projects
- Renewables: solar, wind, and hybrid EPC models
- Desalination and water treatment plants
- Mining and mineral processing facilities
- Infrastructure: roads, rail, and transit systems
- Chemicals and specialty manufacturing
- Pharmaceutical and biotech facilities
- Data centres and critical infrastructure
- Refinery turnaround and revamp projects
- Modular and offsite construction integration
- High voltage transmission and grid connections
- Port and terminal development EPC
- Hospital and healthcare facility construction
- Regional variations in EPC practice and expectations
Module 12: Tools, Templates, and Implementation Frameworks - Customisable EPC contract checklist
- Risk allocation decision matrix
- Contract clause scoring tool
- Bid evaluation scorecard template
- RFP template with mandatory requirements
- Change order form and approval workflow
- Extension of time justification pack
- Defects tracking register
- Payment certification form
- Meeting minutes and action tracker
- Document control log
- Claims preparation pack
- Negotiation position paper template
- Procurement plan calendar
- Handover completion certificate
- Project closeout audit checklist
Module 13: Case Study Applications and Real-World Projects - Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- Best practices for claims prevention
- Understanding the claims mindset
- Clear documentation requirements for claims
- Time-bar and notice obligation compliance
- Building defensible positions proactively
- Analyzing extension of time claims
- Assessing cost claims and substantiation
- Delay analysis methods: as-planned vs as-built, windows analysis
- Concurrent delay and apportionment principles
- Entitlement vs quantum separation
- Proactive claims auditing and response planning
- Settlement strategies and value-based resolution
- Managing third-party experts and forensic analysts
- Preserving privilege and legal protection
- Internal governance for claims approval
- Dispute resolution ladder models
Module 10: Advanced EPC Scenarios and Complex Projects - Multi-contractor EPC environments and interface management
- Joint ventures and consortium contracting
- Leadership roles in multi-party EPC deals
- Risk sharing in joint venture agreements
- Back-to-back contract alignment in complex chains
- Interface specifications and responsibility matrices
- Owner’s engineer role and oversight authority
- EPCM vs EPC: understanding the differences
- Early contractor involvement (ECI) models
- Limited notice to proceed and early work authorisations
- Phased development and staged contracting
- Front-end engineering design (FEED) handover to EPC
- Technology licensor involvement in EPC
- Financing and lending party requirements
- Security package and step-in rights
- Long lead items and procurement timing
Module 11: Sector-Specific EPC Applications - Oil and gas EPC: high-risk environments and safety standards
- Petrochemical plants and process safety integration
- Power generation: thermal, gas, and combined cycle projects
- Renewables: solar, wind, and hybrid EPC models
- Desalination and water treatment plants
- Mining and mineral processing facilities
- Infrastructure: roads, rail, and transit systems
- Chemicals and specialty manufacturing
- Pharmaceutical and biotech facilities
- Data centres and critical infrastructure
- Refinery turnaround and revamp projects
- Modular and offsite construction integration
- High voltage transmission and grid connections
- Port and terminal development EPC
- Hospital and healthcare facility construction
- Regional variations in EPC practice and expectations
Module 12: Tools, Templates, and Implementation Frameworks - Customisable EPC contract checklist
- Risk allocation decision matrix
- Contract clause scoring tool
- Bid evaluation scorecard template
- RFP template with mandatory requirements
- Change order form and approval workflow
- Extension of time justification pack
- Defects tracking register
- Payment certification form
- Meeting minutes and action tracker
- Document control log
- Claims preparation pack
- Negotiation position paper template
- Procurement plan calendar
- Handover completion certificate
- Project closeout audit checklist
Module 13: Case Study Applications and Real-World Projects - Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- Oil and gas EPC: high-risk environments and safety standards
- Petrochemical plants and process safety integration
- Power generation: thermal, gas, and combined cycle projects
- Renewables: solar, wind, and hybrid EPC models
- Desalination and water treatment plants
- Mining and mineral processing facilities
- Infrastructure: roads, rail, and transit systems
- Chemicals and specialty manufacturing
- Pharmaceutical and biotech facilities
- Data centres and critical infrastructure
- Refinery turnaround and revamp projects
- Modular and offsite construction integration
- High voltage transmission and grid connections
- Port and terminal development EPC
- Hospital and healthcare facility construction
- Regional variations in EPC practice and expectations
Module 12: Tools, Templates, and Implementation Frameworks - Customisable EPC contract checklist
- Risk allocation decision matrix
- Contract clause scoring tool
- Bid evaluation scorecard template
- RFP template with mandatory requirements
- Change order form and approval workflow
- Extension of time justification pack
- Defects tracking register
- Payment certification form
- Meeting minutes and action tracker
- Document control log
- Claims preparation pack
- Negotiation position paper template
- Procurement plan calendar
- Handover completion certificate
- Project closeout audit checklist
Module 13: Case Study Applications and Real-World Projects - Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- Resolving a delayed gas processing plant EPC
- Restructuring payment terms in a $900M refinery project
- Managing change orders in a solar farm rollout
- Negotiating force majeure during port construction
- Handling deficient design in a desalination contract
- Recovering costs after unforeseen ground conditions
- Controlling subcontractor performance in a power project
- Aligning scope with technical specifications in LNG
- Managing technology transfer clauses in pharmaceutical EPC
- Addressing HSE non-compliance penalties
- Resolving interface delays between pipelines and terminals
- Handling variation claims in a rail electrification project
- Negotiating retention release after defects period
- Overcoming delays due to permit approvals
- Reducing liquidated damages through proactive scheduling
- Improving communication protocols in a JV EPC setup
Module 14: Financial and Commercial Optimisation - Understanding EPC profit models and margin drivers
- Cost structure analysis: direct, indirect, overhead
- Fee structures: fixed, percentage, performance-based
- Working capital and cash flow management
- Bonding capacity and financial covenants
- Contingency planning and management reserve
- Escalation clauses and commodity index linkage
- Foreign exchange hedging strategies
- Insurance cost allocation and negotiation
- Guaranteed maximum price (GMP) models
- Cost-to-complete forecasting
- Financial reporting under EPC contracts
- Revenue recognition and accounting standards
- Profit at risk and commercial risk metrics
- Financial close and final account settlement
- Post-project financial review and lessons learned
Module 15: Integration with Project Management and Governance - Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award
Module 16: Certification and Career Advancement - Completing the final assessment and knowledge check
- Submitting your capstone project: a real EPC contract strategy
- Review process and feedback from subject matter experts
- Earning your Certificate of Completion from The Art of Service
- How to showcase your certification on LinkedIn and resumes
- Using the credential in promotions and salary negotiations
- Listing the certification in CVs and professional profiles
- Referencing the program in job interviews
- Networking with other certified professionals
- Gaining credibility in tenders and client pitches
- Advancing from technical roles to commercial leadership
- Transitioning into project director or chief commercial roles
- Expanding into consulting or expert testimony
- Mentoring others using the EPC Contract Strategy framework
- Continuing education and next-level certifications
- Lifetime access renewal and update notifications
- Aligning contract strategy with project execution plan
- Role of project controls in contract performance
- Integrating EPC strategy into stage gates
- Board-level reporting and contract KPIs
- Compliance with internal audit and governance standards
- Stakeholder engagement and communication plans
- Change management for contractual changes
- Lessons learned repository and knowledge transfer
- Contract strategy in megaproject governance
- Linking EPC outcomes to business strategy
- Management of third-party consultants and advisors
- Internal controls for contract variation approval
- Procurement policy alignment
- Strategic sourcing and long-term contractor relationships
- Continuous improvement in contract delivery
- Front-end loading and risk reduction before EPC award