Study On Effect Of YJ Company General Contracting(EPC)

Construction industry is an important part of the national economy, construction industry holds an important position in the process of economic development and social progress, Engineering Construction Company is composed of the basic unit of construction industry, Petroleum Engineering Construction Company as part of construction enterprises play a very important role in the oil and gas field development, oil and gas storage and transportation, oil refining, chemicals and other construction field,in order to consume energy, resource-driven economic and social development today.As the main body of the allocation of resources, from the macro and micro aspects, Petroleum Engineering Construction Company to explore the lowest input of resources to obtain maximum output, and a move to maximize profits has been none stop, especially in business, government are making great efforts to promote institutional change, institutional innovation, scientific management in the context of efforts to get rid of the low efficiency of project management models, the introduction, absorption and innovation to adapt to new circumstances projects management, in order to better serve the construction unit, to serve people economic development, the historical mission of the engineering construction companies and the ultimate goal of this reason that General Contracting (EPC) concept emerged and spread rapidly in a short time, are widely used.Perspective based on total construction contract to explore and discover general contracting (EPC) which have the advantage, must be both theoretical and practical aspects.·Michael Porter's value chain theory, the production processes from starting a business analysis of the various stages of surplus value, and analyzed from the perspective of industry chain in the same industry added value relationship between the various companies for the General Contracting (EPC) in China and the rapid development worldwide, is widely spread and applied to find a theoretical basis. Meanwhile, the IT industry is also derived from the smile curve illustrates the various stages of construction industry, the value of relationships. YJ companies as China Petroleum Engineering Construction Group, a petroleum engineering construction sector enterprises, the construction industry has been in the low-end position, in the past 3 years, gradually introduced to the Commonwealth as the main organizational structure of the General Contracting (EPC) projects, and achieved significant results, the paper has been implemented and completed for the General Contracting (EPC) projects, based on the earlier completion of the construction contract compared key indicators of the project, analysis, theoretical analysis has been obtained and the conclusion that the General Contracting (EPC) In addition to the construction phase covers the outside of the design and procurement procedures, design and procurement in the construction industry value chain, high-end, compared to the construction phase in terms of higher residual value, so the implementation of General Contracting (EPC) of the project has obvious the characteristics of the high profit margins.YJ company promoted and implement general contracting (EPC), benefited from the construction industry trends. YJ company in the implementation of General Contracting (EPC) terms is not very smooth, there are many problems objectively, the end for a detailed analysis, and made pertinent suggestions and constructive comments, the company is bound to be better in the future implementation and development of General Contracting (EPC) project management model for reference.