At the AusIMM Project Evaluation 2016 conference in Adelaide Neil Cusworth and Jane Miller presented industry leading thoughts on Independent Peer Review and the use of Benchmarking in capital projects.
In the last 10 years the world mining industry has been through a boom-bust-boom-bust building cycle driven by commodity prices and demand.
The sheer scale of development has caused rapid and huge fluctuations in the availability and cost of materials, equipment, construction resources and services for mine development and operation.
The rate of changes has challenged the governance processes of both Benchmarking and Independent Peer Reviews.