EPC vs EPCM Company/Projects | What are the difference between the EPC and EPCM Projects

Hello Engineers! In this video we are going to discuss about the What are the difference between the EPC and EPCM Projects.

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Timestamps:

(00:00) : Video starts
(00:12) : What is the full form of EPC?
(00:21) : What is the full form of EPCM?
(00:29) : EPC Companies names
(00:40) : EPCM Companies names
(01:09) : What are the working of EPC and EPCM Companies/Projects?
(03:01) : What are the role and responsibilities of engineering contractor in EPC projects?
(03:12) : What are the role and responsibilities of engineering contractor in EPCM projects?
(04:46) : Risk and Profit in EPC projects
(05:02) : Risk and Profit in EPCM Projects
(05:55) : Why engineering contractor has more control in EPC projects?
(06:00) : Why Client has more control in EPCM projects?
(06:41) : Why changes may lead to more cost escalation in EPC projects?
(06:47) : How EPCM Projects are cost savings?
(08:10) : Working of EPC Companies/projects
(08:20) : Working of EPCM Companies/projects
(09:06) : Why there is less flexibility in accomodating client changes in EPC project?
(09:12) : Why there is more flexibility in accomodating client changes in EPCM project?
(10:50) : Thanks for watching

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