With the rapid development of engineering construction field at home and abroad, the EPC mode, with its advantages of investment saving, clear management interface, is becoming the first choice for investors during the project bidding, but it also puts forward higher overall management requirements on EPC contractor. Whether the project cost can be effectively controlled is one of the key to the success of a project. This paper elaborates the cost control measures and experiences during the implementation of the Total (Tianjin) grease plant EPC project, through the cost control measures in the preliminary planning, detail design, procurement, construction and commissioning, company not only completes the project objectives successfully, but also lowers cost and improves efficiency. It provides reference for strengthening the cost control in the implementation of EPC project.