Startups that go wrong
Our partner TacminMadini International, have completed operational improvement assignments on logistically remote projects for startup mining companies since 1996. Common to these assignments and projects is that they were absent of Front-end Engineering Designs (FEED), and our partners were assigned within the first eighteen months of project startup.
Engineering designs
From those assignments above, we learned quickly that FEEDs are not a nice-to-have but a must. Needless to say, every operational assignment carried out by our partners is preceded by a Front-end Engineering Design. The rest is plain sailing, religiously stick to the project execution plan, and you can't go wrong. The take-away message is that Engineering Designs play a critical role in the success of project execution from startup, and without this, projects are likely to fail.
Cost your design
Different from the process followed by contractors during the execution of projects where project managers have to account for costs every step of the way, we often find that with mine owner teams, this is not the case. Like contractors that apply estimating, planning and project control software for construction project management in the built environment, TM Australia applies the same integrated cost-engineering-design process from the first estimate to the final account.
Project controls
Traditional construction and mining delivery model types are typically the root causes of projects that are delayed, over budget, have quality issues and, therefore, are at risk of continued project overruns and performance shortcomings. Our Mining Project Centre of Excellence was inspired by the ongoing success underpinning decades of operational improvement assignments working on multiple mining projects globally. In 2021, our core expertise committed to incorporating our tried and tested project control process in all our operational management assignments. This strategy has led to the establishment of the TacminMadini Centre of Excellence.
Improve your feasibility costs
If you want a mining- and construction-ready FEED review that improves accuracy, reduces feasibility project costs by twenty percent, and requires assistance with project cost and time overrun, contact us.
(1) The Pitfalls of Using Industry Averages for Construction Cost Benchmarking - Steve Watt market segment manager of the General Contractor/Construction Manager Division of Trimble Buildings.
