Which of the following is a standard remedy for project delays in EPC contracts?

• A. Liquidated damages
• B. Earned value management
• C. Scope creep
• D. Risk transfer

Answer: (A)

In EPC contracts, delays are addressed with liquidated damages, which are pre‑agreed monetary penalties tied to time. This remedy provides a predictable, enforceable means to compensate the owner for each day the project runs late and to deter delays, helping keep the schedule on track. Earned value management is a performance-tracking method used to monitor schedule and cost performance, not a penalty or compensation for delays. Scope creep describes uncontrolled scope changes that create delays, not a remedy. Risk transfer shifts risk handling to another party, again not a delay remedy.