One of the main benefits of project controls is that they help to finish projects on time and within budget, which are critical factors for startup mines. Delays and cost overruns can have serious consequences for the viability and profitability of a new mine, as well as for the reputation and credibility of the project team. Project controls help to avoid these pitfalls by providing accurate and timely information on the project status, progress and performance, and by facilitating effective communication and collaboration among all parties involved.
Project controls also help to ensure that the project delivers the expected value and quality to the client and the end-users. This is especially important for startup mines, where the expectations are high and the requirements are complex. Project controls help to align the project scope with the business case and the stakeholder needs, and to verify that the project deliverables meet the agreed standards and specifications. Project controls also help to manage changes and risks that may arise during the project lifecycle, and to implement corrective actions when necessary.
In conclusion, project controls are vital for startup mines, as they help to achieve the project goals within the constraints of time, cost and quality. Project controls enable project teams to deliver successful outcomes that satisfy the client and the end-users, and that contribute to the long-term success of the new mine.
For the reasons above, TacminMadi has established an independent Operational Excellence unit with the specific intention of consistently tracking project progress across several disciplines from the onset. Our Project Control Centre of Excellence works as a standalone or during project management or EPC project deliver. For more information please visit our website.
