Project Management Contracting: PMC Theory and Practice

Author: Liu Jiamei, Chen Yongqiang, Qi Guosheng (editors)
Publisher:
Publish Date: 2005-07-01
Features: Project Management Contracting (PMC) is a modern project management model that is highly favored by owners of large-scale engineering projects internationally and has been widely applied in various projects at home and abroad. This book is a specialized monograph published by a department dedicated to researching and discussing the PMC project management model. The authors come from leading institutions at the forefront of engineering management practice and theoretical research, with years of experience in participating in domestic and international engineering project management. They have personally participated in PMC projects and held key positions within them. The book emphasizes the integration of theory and practice. It not only elaborates on modern project management theory and methods, including the latest information from international large-scale contractors and consulting firms and their organizations, but also incorporates rich data from the frontline of project management in projects at home and abroad, thereby organically combining international advanced project management theory with China's practical experience in project management. PMC meets the needs of owners in managing large-scale projects and the needs of government investment project management. For consultants and large contractors seeking to expand their businesses and enter the international PMC industry, management and professionals particularly need to read this book. Additionally, the book takes into account the forward-looking needs of universities in cultivating students' knowledge structures. The book provides a comprehensive exposition of the background, basic concepts, management philosophy, main characteristics, and advantages of the Project Management Contracting (PMC) model. It offers detailed discussions and analyses of the bidding and tendering processes for PMC contractors, the signing of PMC contracts, the composition of contract prices, and especially the incentive contracts with a win-win characteristic. Furthermore, it focuses on the organization, planning, implementation, main procedures, and management functions of PMC. The book also analyzes and looks ahead to the development prospects of the PMC model in China. The content of the book is comprehensive, with both strong theoretical depth and practical applicability. It is primarily aimed at project management owners, government-related administrative departments, relevant association organizations, consulting firms, supervision companies, design institutes, and management personnel of large-scale engineering contracting companies. It can also serve as a textbook for engineering management majors in universities.