The fact that construction project management software for the built environment has been applied for many decades by thousands of contractors in numerous industries to manage and control costs from the pre-tender stage to project close-out and beyond is proof that construction project management software is suitable for the management and control of complex projects.
Similar to how contracting companies apply construction project management software, TacminMadini Australia and their International partner have successfully used the said IPS (Integrated Prevention System) to manage and control time and schedule overruns in open-pit mining from feasibility through to project execution.
Our experience in applying construction project management software during the various mining life cycles and planning stages, and making use of first principle resource-based cost estimation, offers considerable benefits to project owners, some of which are summarised in the table below:
Discipline
Feasibility
Engineering
Procurement
Construction
Ultimate control over the planning and scheduling of mining resources (equipment, manpower, material, etc.) requirements.
Y
Y
Y
Y
Optimising of capital and operating costs throughout the mining life cycle.
Y
Y
Y
Y
Effective mining project variability analysis and predictions.
Y
Y
Y
Y
Investigation and decision into the mining type (cashflows, budget forecasts, resource analysis, etc.).
Y
Y
Y
Y
In the case of contract mining - through benchmarking, obtain the most cost-effective prices.
Y
Y
Y
Optimising resources (equipment, manpower, material, etc.) throughout project execution.
Y
Y
Y
Y
Suitable standard for mining project cost and schedule overrun control.
Y
Y
Y
Y
Most effective mining project management and cost control process.
Y
Y
Y
Y
End-to-end mining life cycle project cost management suitability.
Secure data access by authorised project stakeholders from anywhere in the world, using any device.
Y
Y
Y
Y
This conventional and standard zero-based cost management approach most contracting companies follow is fundamental to their survival. Companies can achieve meaningful and sustainable cost reductions by pursuing a zero-based cost management approach.
Zero-based cost management is a practical and pragmatic process that has and continues to deliver the desired outcome on all TacminMadini assigned projects. Like contract mining companies, it is the standard by which TacminMadini Australia's EPC contracts are managed and controlled.
