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The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work. EPC companies are often used in large-scale projects, such as power plants, refineries, chemical processing facilities, infrastructure projects, and ...
The Construction Specifications Institute (CSI) is a United States national association of more than 6,000 construction industry professionals who are experts in building construction and the materials used therein. The institute is dedicated to improving the communication of construction information through a diversified membership base of ...
Among other things, the value of Ke and the Cost of Debt (COD) [6] enables management to arbitrate different forms of short and long term financing for various types of expenditures. Ke applies most prominently to companies that regularly generate excess capital (free cash flow, cash on hand) from ongoing operations.
In the US, the Construction Management Association of America (CMAA) states the most common responsibilities of a Construction Manager fall into the following 7 categories: Project Management Planning, Cost Management, Time Management, Quality Management, Contract Administration, Safety Management, and CM Professional Practice. CM professional ...
Project management office: The Project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects.
Construction is a process that consists of the creation, modification, or demolition of facilities, buildings, civil and monumental works, and infrastructure. Construction cost - the total cost to construct a project. This value usually does not include the preplanning, site or right of way acquisition, or design costs, and may not include ...
OSHA formally recognized NCCER Crane Operator Certification Program on May 20, 2010. A ceremony was held in Washington, D.C., that included the North American Crane Bureau, the US Assistant Secretary of Labor for OSHA, the Acting Director for OSHA’s Directorate of Construction, the President/CEO, Associated Builders and Contractors, Inc., the President/CEO, Associated General Contractors of ...
[2] [3] [4] In 1912, the federal government asked the U.S. Chamber of Commerce to bring all industry associations together under its umbrella. AGC's founding members attended a Chamber-led meeting in Atlantic City, New Jersey in the spring of 1918, but felt it was geared too much toward subcontractors .