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Journal of the Southern African Institute of Mining and Metallurgy

On-line version ISSN 2411-9717
Print version ISSN 2225-6253

Abstract

MULDER, H.  and  BEKKER, M.C.. Towards a generalizable project readiness assessment methodology for the mining industry: A literature review. J. S. Afr. Inst. Min. Metall. [online]. 2022, vol.122, n.9, pp.497-504. ISSN 2411-9717.  http://dx.doi.org/10.17159/2411-9717/1244/2022.

The principal objective of this investigation was to conduct a thorough literature review on the status of project readiness mechanisms, tools, techniques, and frameworks for mining projects. The review aimed at identifying common readiness evaluation criteria as well as potential shortcomings that prevent the establishment of a generalizable project readiness index. The literature review included a general overview of capital project performances and the importance of project readiness assessments to improve project delivery success. The study then progressed towards literature involving mining projects and how this differs from infrastructure and industrial project assessments. The paper concludes by summarizing the current state of mining project readiness assessments, the unique and differentiating factors to be considered, and suggests recommendations towards the development of generalizable readiness assessment criteria for mining projects.

Keywords : Project readiness; mining projects; front-end planning; project evaluation; project assessment.

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