Lean Makes a Massive Impact on Mine Construction Projects
Mining companies are increasingly using lean management methodologies to improve yields, increase responsiveness and build resilient organisations. These revolutionary work management practices can have an especially significant financial impact on mine construction and expansion projects. In this article, we describe the impact of lean practices on a massive mine construction project that was significantly off-track.
Learn how to attack the leading causes of mine construction cost overruns and delays by overcoming barriers to effectively managing projects. Download the article, "Mine Construction: On Time, On Budget."
With long lifecycles and enormous amounts of capital at stake, most mine construction projects are completed late and run 43% over budget. In the article, TBM Vice President, Eduardo Spina and his colleagues, Daniel Anell, Oscar Castillo, Gustavo Tena, and John Ferguson explain how a lean approach to mine construction can ensure projects be completed on time and on budget. They outline keys to success and share the results of a massive subterranean mine construction improvement project:
- How one project went from running nine months behind schedule to being completed on time
- Methods for doubling—then quadrupling—productivity
- Keys for capturing gains and sustaining forward progress