EFFECTIVE PROJECT EVALUATION BASED ON BENCHMARKING DATA

World Mining Congress
The evaluation of mineral projects involves the identification, mitigation and management of significant uncertainty. Benchmarking is an essential and effective way of increasing confidence and reducing uncertainty associated with input parameters and assumptions. Comprehensive and detailed benchmarking will ensure ‘best practice’ technologies, methods and systems have been considered and that the appropriate practices can be identified and incorporated into the project.
Keywords: benchmarking; Cost; Costs; Performance; Projects; Processes; Process; Mines; Mine;
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